Crypto News Center

US Solana ETFs ‘Inevitable’ Following Brazilian Approval, Say Several Industry Experts

VanEck, the first asset managers to file for a US-based Solana ETF, have declared they believe approval is “inevitable” following Brazil greenlighting the financial products. Some analysts in the industry believe the regulatory pathway to seeing SOL ETF approval is too convoluted. However, optimism is growing that the SEC will relent and allow US investors to trade Solana through the wrappers of an ETF. As Ethereum ETFs in the United...

Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase

The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in its presale phase and listed at $0.003333, is attracting considerable attention. Predictions suggest that the...

Bitcoin Slips Below $61K: Market Overview And Key Trends

You are here: Home / News / Bitcoin Slips Below $61K: Market Overview And Key Trends The analytical platform Crypto Rank offered a detailed description of Bitcoin and current state of the crypto market. The platform noted that the Bitcoin price has gone below the mark of $61,000, which showed bearish sentiment in the cryptocurrency market. Platform findings indicate that, presently, Bitcoin trades below $61,000.The top ten cryptocurrencies are in...

SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust

The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves NYSE Arca’s Proposal to List and Trade Grayscale Bitcoin Mini Trust The U.S. Securities and...

U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks

U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks The investment interest comes after ether added about 60% in a month. Dec 6, 2024, 10:51 a.m. UTC Net inflows into U.S. spot ether (ETH) exchange-traded funds (ETFs) have picked up in the past five days, with Thursday seeing a record $428.5 million. The inflow was dominated by BlackRock's ETHA, which collected a net $292.7 million, also...

Polkadot’s (DOT) Falling Wedge Hints at a Potential Surge to $10

You are here: Home / News / Polkadot’s (DOT) Falling Wedge Hints at a Potential Surge to $10 Polkаdot (DOT), а lеаding cryptocurrеncy, is currеntly еxpеriеncing а bеаrish trеnd, аs rеflеctеd in rеcеnt mаrkеt аctivity. In rеcеnt months, the token’s vаluе hаs stеаdily dеclinеd, moving into а downwаrd chаnnеl thаt hаs rаisеd concеrns аmong invеstors. This pеrsistеnt dеclinе hаs spаrkеd dеbаtе ovеr whеthеr DOT cаn rеgаin its momеntum or if...

Fundstrat’s Tom Lee Predicts Bitcoin Bull Market Surge Due to Supply Shock

Tom Lee, CIO of Fundstrat Capital, a financial research firm, has predicted that the bitcoin bull market will continue in December and announced that the first cryptocurrency will reach “well over $100,000” by year-end. Tom Lee Forecasts Bitcoin Reaching $100,000 By Year’s End in All-Asset-Encompassing Bull Market The bull market predictions for bitcoin prices keep coming. Tom Lee, CIO of Fundstrat Capital, described by some as a bitcoin permabull, predicted...

TRON Shines in Q2 2024: USDT Hits $57.1B ATH, TRX Climbs to Top 10

You are here: Home / News / TRON Shines in Q2 2024: USDT Hits $57.1B ATH, TRX Climbs to Top 10 In the second quarter of 2024, TRON’s network saw significant growth and notable achievements, underscoring its expanding role in the cryptocurrency space. The standout figure was the market capitalization of USDT on TRON, which reached an all-time high of $57.1 billion. This milestone highlights the increasing trust and usage...

FTX sues Binance and ex-CEO Zhao, claims $1.8 billion fraudulent transfer

Home Business News FTX sues Binance and ex-CEO Zhao, claims $1.8 billion fraudulent transfer The lawsuit relates to Binance’s sale of its stake in Sam Bankman-Fried’s FTX, which it acquired in 2019 but then negotiated to sell back to FTX in July 2021. “By this lawsuit, the Plaintiffs seek to recover, for the benefit of FTX’s creditors, at least $1.76 billion that was fraudulently transferred to Binance and its executives...

EthOS launches hardware device for Ethereum on-chain dApp interactions

DBS Bank has launched “Token Services” to enhance blockchain solutions for clients. Key offerings of the ‘DBS Token Services’ include Treasury Tokens, Conditional Payments, and Programmable Rewards. The services optimize liquidity management and streamline operational workflows. DBS Bank, Singapore’s largest financial institution by assets, has launched a new suite of products called “DBS Token Services,” aimed at enhancing blockchain-based banking solutions for institutional clients. This innovative initiative integrates tokenization and...