TL;DR Bitcoin and Ethereum options worth nearly $4.6 billion expire today, creating volatility in the market. The expiration of these options follows the US elections and FOMC updates, with high expectations for strategic moves. Implied volatility has decreased, although the market remains optimistic.

cbBTC is the first token Coinbase has issued on Solana.

Ethereum rose to $2,960 earlier today, outperforming bitcoin since Wednesday as the Trump win will give the ethereum industry a much needed respite.

Ethereum trades in the $2.9K range, after gaining over 3.55%. ETH could hit $3K if it clears the $2,950 resistance.

Cobie, who previously hosted a podcast of the same name, said the UPONLY tokens were theoretically worth $17 million when he burned them.

The Solana price hits $200 as Sol Strategies seeks to accelerate SOL adoption. We speak exclusively to CEO Leah Wald about the altcoin's winning ways The post Why Solana Will be Altcoin Season's Big Winner as Sol Strategies Seeks to Accelerate SOL Adoption appeared first on Cryptonews.

While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling $2.57 trillion.

The rally just kept rolling along.

Solana has jumped by 9% in the past 24 hours, rallying to $204.27 as the cryptocurrency market continues its bullish response to Donald Trump's election victory. The post Solana Open Interest at Record High – Is a $250 Breakout Imminent? appeared first on Cryptonews.

Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation.

The crypto markets have risen above a minor consolidation as the Bitcoin price is heading back towards the ATH at $76,400. The traders have become more optimistic over the SOL price rally as the token remains within the top 5 dominant tokens in the market.

The Ethereum ecosystem's treasuries total $22.2 billion in 2024, with Optimism, Uniswap, and Mantle holding the largest shares.

The factors that held ETH back this year are now reversing. This shift could open the door for meaningful price discovery.

Yields on U.S. sovereign debt declined Thursday after the Federal Reserve eased monetary policy by slashing interest rates by 0.25 percentage points. What happened: The benchmark 10-year Treasury yield dropped by 0.8 basis points to 4.335%, while the yield on 2-year government bonds slid 2 basis points to 4.197%.

The ongoing rally of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) should not lead investors to believe that all cryptocurrencies will do equally well in a bull run, a new report found. What Happened: “Any coin or token that failed to rally at least 10% over the last week should likely be avoided,” the 10x Research analysts write in their latest report, urging investors to stay focused on selective assets that demonstrate resilience and growth potential.

The Ethereum Foundation (EF), a nonprofit supporting Ethereum's blockchain ecosystem, has released its 2024 annual report detailing financial updates, treasury holdings, and recent policy initiatives. The report highlighted the organization's budget breakdown, spending from recent years, and new policies designed to foster transparency and integrity across the Ethereum ecosystem.

While bullish indicators such as Ether ETF inflows point to potential upside for ETH, recent spikes in derivatives trading volume suggest increased volatility. The post Ether Eyes $3.2K Breakout Amid Positive ETF Inflows, Trump Victory Boosts Sentiment appeared first on Cryptonews.

Solana has broken through the $200 threshold for the first time in seven months of trading. The token's price saw a 8.69% rise as the crypto market rallies after the US election.

This is a major step in making Bitcoin (BTC) more accessible to people who use the Solana blockchain. For the first time, Coinbase has issued a token on Solana, and it's called cbBTC.

Donald Trump's second presidential win has sent ripples of excitement across the cryptocurrency market. Bitcoin led the charge, surging 10% to a new all-time high of $76,203, as buying activity spiked amid renewed optimism. Investors are showing confidence, with Trump's pro-crypto stance expected to influence favorable policies for digital assets.

Solana breaks $200 for the first time since April 1, thanks to Donald Trump securing U.S. Presidential election.

Solana (SOL) price, a Layer 1 blockchain, has recently demonstrated significant upward momentum in the cryptocurrency market. Since the beginning of November, SOL's price has surged by 21%, breaking a five-month high amid strengthening bullish sentiment.

Ethereum exchange-traded funds (ETF) have put their underwhelming days of performance behind them. Data from Farside Investors show two consecutive days of massive inflows into Ethereum ETF products.

TL;DR The Ethereum Foundation (EF) has disclosed a substantial treasury of $970.2 million as of October 31, 2024, with 99% of its $788.7 million in cryptocurrency assets held in Ether (ETH).

Aya Miyaguchi, Ethereum Foundation's executive director, shares Ethereum Foundation Report 2024, a comprehensive outlook oт EF policies and instruments. It provides a detailed review of EF reserves and key areas of activities EF is going to be focused on.

Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we're excited to bring easy access to BTC.

The successful breach of the crucial $200 mark by Solana represents a significant turning point in its recent upward trajectory. Strong momentum is indicated by this breakout, which has created the possibility of a push toward the market's all-time high (ATH), as sentiment on the market favors the upward trend continuing.

A retest of the $180-$190 area should be regarded as a buying opportunity.

Peter Brandt critiques Ethereum's complexity and high transaction fees, favoring Solana's streamlined approach.

Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.

Coinbase said that cbBTC is the first token issued on Solana.

Solana network shows growth potential to surpass the Ethereum blockchain next year as the crypto bull run gains momentum. As it overtakes Ethereum in DEX trading volumes and other DeFi metrics, the Solana-based meme coins are ready to explode.

Coinbase launches its bitcoin-backed token cbBTC on Solana with $10 million initial deployment, marking its first native token on the blockchain and filling a two-year void in Solana's DeFi ecosystem left by FTX's collapse.

Solana has reached $200 per coin amid market optimism following Trump's election victory, Republican promises to protect crypto assets, and speculation about potential ETF approvals under the new administration.

Solana Optimistic Network (SOON) testnet now live with 30,000 TPS and 50ms block time.

Macro investor and fund manager Dan Tapiero believes Ethereum (ETH) is severely undervalued in the current market.

The Shiba Inu (SHIB) community is buzzing with speculation about the possibility of the token reaching a value of $0.01, a target that many have long dreamed of. A recent suggestion from a prominent community figure has reignited the discussion, proposing a potential pathway to this ambitious goal—Shiba Inu becoming a gas token on the Ethereum network.

A critical bullish signal may be ahead, with indicators aligning for a potential rally too.

The Ethereum Foundation has launched a temporary testnet named Mekong, designed to allow developers to test upcoming upgrades before they are deployed to the main Ethereum network.

In September, Coinbase unveiled cbBTC, a wrapped version of Bitcoin that enabled users to utilize their Bitcoin holdings in decentralized finance (DeFi) applications on Ethereum and Base without selling or converting to other cryptocurrencies.

The Ethereum Foundation's 2024 financial report reveals a $970.2 million treasury with 99% of crypto holdings in ETH, while implementing new policies and maintaining support for ecosystem development through various initiatives and grants.

Solana (SOL) price has surged past the $200 mark benefiting from recent Federal Reserve rate cuts and broader market optimism after Trump's election win.

Trump's election victory has inspired more optimism among crypto analysts, with some expecting Bitcoin to breach $100,000 before the end of 2024, boosting Ether's price along the way.

The significant dumping of $2.2K-$2.4K puts (bearish bets) signaled a market sentiment shift in the options market, as large players didn't expect ETH to drop to $2.4K again.

Ethereum, the undeniable giant of the blockchain, is making a new leap forward with the launch of the Mekong testnet, a name that resonates like a nod to the mysterious waters of the famous Asian river. At first glance, Mekong may seem like a simple addition to the Ethereum ecosystem.

Coinbase, the largest cryptocurrency exchange in the U.S., has announced the release of its wrapped Bitcoin token, cbBTC, on the Solana blockchain.

Ethereum (ETH) has jumped almost 20% over the past two days as the broader decentralized finance (DeFi) sector rallied following Donald Trump's presidential victory. Ethereum Begins To Regain Momentum The second-largest cryptocurrency by reported market cap has lagged behind Bitcoin (BTC) and other smart contract platform tokens like Solana (SOL) for much of the year.