Bitcoin is up slightly at $47,086
Ethereum is up 3% at $3,966
and Binance Coin is down .5% at $531

Aave up 17%

Michael Saylor and Microstrategy are trying to figure out what to do with all that BTC.

Adidas picks up 23M from it’s collaborative “Into the Metaverse” drop

Polygon and Seven Seven Six launch $200 million Web3 fund.

Bitwise launches NFT tracking index fund

Links:

• Polygon and Reddit co-founder's VC launch $200 million Web3 fund
• Adidas Originals NFT drop nets $23 million - Crypto Daily™
• MicroStrategy’s Saylor Lays Out Ways Firm Could Generate Yield From Its Massive Bitcoin Holdings
• Bitwise Launches Blue-Chip NFT Index Fund, Offering Broad Exposure to the Most Iconic Digital Art Collections | Business Wire

Links:

• Fox launches $100M creative fund for NFT content creation
• Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement - CoinDesk
• Listed companies, trusts and ETPs now control almost 7% of the Bitcoin supply
• Bitwise secures $70M in Series B funding from major Wall Street investors

Bitcoin is down 2% at 6,125
Ethereum is up slightly at $128
and XRP is up 2% at 17 cents

Top gainers in the last 24 hours:
Status up 28%
HOLO up 18%
Datum up 19%

Banking regulators have announced a year-long delay for elements of the Basel III banking rules.

Bitwise is taking steps towards listing its crypto index fund on OTC markets.

HSBC has put 10 billion dollars of paper based private placement records on R3s Corda blockchain.

Links:

• Banking regulators announce year-long delay for Basel III capital rules due to coronavirus - The Block — act
• HSBC Puts $10B of Private Placements on R3's Corda Blockchain - CoinDesk
• Bitwise Asset Management is seeking to list its crypto index fund on OTC Markets - The Block

Bitwise Withdraws ETF App
UN Raps N Korea Crypto Conference
Headed to WEF? Consider Crypto Davos

Links:

• Bitwise Withdraws Long-Standing Bitcoin ETF Application
• United Nations Says Stay Away From North Korean Crypto Conference
• Storming the Gates: How 'Crypto Davos' Became a Thing - CoinDesk

Bitcoin is up half a percent at $7,183
XRP is up 1.5% at 19 cents
and Ethereum is up 2% at $129

Top gainers in the last 24 hours:
LBRY credits, up 37%
Primecoin up 23%

Bitwise has penned a new letter to the SEC trying to address their ETF concerns.

USPTO sides with Disney over Tron foundation's attempts to trademark Tron, TronNetwork and Tronix.

The SEC is postponing a decision on a proposal filed by Wilshire Phoenix until February.

The Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster.

Blockchain security firm CipherTrace has partnered with the Anti-Human Trafficking Intelligence Initiative to track cryptocurrency transactions from suspected traffickers.

Links:

• Bitwise writes to SEC again, saying it is ‘committed’ to creating a bitcoin ETF - The Block
• Tron Foundation partner sought U.S. trademarks but Disney pushed back and won - The Block
• SEC Punts Decision on Wilshire Phoenix's Bitcoin ETF Proposal to February - CoinDesk
• Alibaba Patents Would Secure, Accelerate Its Consortium Blockchain - CoinDesk
• CipherTrace to Tackle 'Modern-Day Slavery' With Crypto Analytics - CoinDesk