BlackRock's Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) witnessed a remarkable $860 million surge in just 24 hours. This surge underscores the growing interest from institutional investors in crypto-backed financial products, signaling a major shift in how traditional financial markets are engaging with digital assets.
Bitwise Asset Management has launched a Solana staking exchange-traded product (ETP) called BSOL in Europe.
Discussions about Ethereum's next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon.
The Ethereum market has recently seen a notable shift, with significant outflows from centralized exchanges sparking discussions about the near term trajectory of the cryptocurrency. Amid this, Ethereum has recorded a 2.4% decrease in the past 24 hours with a current trading price of $3,858, marking a 21.1% decrease away from its all-time high of $4,878 seen in 2021.
Ethereum price started a sharp decline below the $3,880 zone. ETH is down over 5% and is showing bearish signs below the $3,680 level.
Base has outperformed Ethereum Mainnet, proving Layer 2 networks are emerging as dominant forces.
A popular crypto analyst thinks that Ethereum (ETH) is on the verge of printing a massive breakout rally also known as a god candle. Pseudonymous analyst Inmortal tells his 221,100 followers on the social media platform X that Ethereum's two-hour chart looks similar to Bitcoin's (BTC) price action over the last two weeks.
Ethereum (ETH) has recently been making headlines with its price action, briefly surpassing the $4,000 mark before experiencing a pullback. While this surge was short-lived, it reflects a strong undercurrent of investor interest, particularly from institutional players.
Bitcoin's New Year rally has stalled, prompting concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly after reaching $106,214.
Binance's BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token.
On-chain data from the analytics firm Santiment has revealed a striking trend in the Ethereum (ETH) market: the largest holders, or “mega whales,” now control more than 57% of the total supply of Ethereum. This growing concentration of ETH supply has significant implications for the network, particularly given Ethereum's shift to a Proof-of-Stake (Pos) consensus mechanism.
Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.
Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared first on Crypto Briefing.
Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.
Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.
IntoTheBlock's data revealed that long-term holders currently held 110M Ethereum as they continued to increase their collective balances. Santiment's data, on the other hand, showed that 104 whale wallets with >100K ETH jointly held over 57% of the total supply worth $333.1B.
Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17.
Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.
Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL's price has been in a retrace, dampening the hype surrounding the cryptocurrency.
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.
Kraken cryptocurrency exchange has launched its Layer-2 blockchain network called Ink on the Ethereum mainnet. This rollout, originally scheduled for early 2025, has occurred ahead of schedule.
Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools.
Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.
The move reportedly comes “months ahead of schedule,” according to the company, which initially targeted early 2025 for a release.
As Ethereum lags with 70% gains in 2024, emerging L1 networks like Graphite are stepping up, offering faster speeds, lower costs, and a trust-driven blockchain ecosystem.
Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.
Ethereum spot ETFs have made headlines with a massive $145 million net inflow on December 17, 2024. This surge in investment marks a key moment in the growing institutional interest in Ethereum-backed financial products, further solidifying the cryptocurrency's place in traditional finance.
Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
BlackRock was the most aggressive buyer of ETH, building up a reserve of over 1M ETH for its iShares ETF (ETHA). Buying resumed in December, surpassing all other funds.
Project Dama 2 is part of Singapore's Project Guardian on blockchain asset tokenization. Deutsche Bank aims to launch the blockchain MVP in 2025, pending approval.
Both Bitcoin and Ethereum ETFs are riding weekslong streaks of positive flows, with ETH fortunes rising ahead of the new U.S. admin.
Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.
Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).
A Bloomberg report spotlights Deutsche Bank's approach to tackling regulatory hurdles associated with public blockchains, introducing the layer two (L2) pilot program, Project Dama 2.
Ethereum (ETH) price recently surpassed $4,000 for the first time since March 2024, marking a 25% gain over the past 30 days. However, the 7D MVRV ratio, now at -1.35%, suggests short-term holders are experiencing unrealized losses, hinting at potential further downside before a recovery.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
The spot Ethereum exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website, the iShares Ethereum Trust ETF (ETHA) the fund now holds 1.
A popular market analyst known for his timely crypto calls is predicting Ethereum (ETH) will suddenly return to its all-time high. Pseudonymous trader Pentoshi tells his 834,500 followers on the social media platform X that Ethereum may surge more than 23% from its current value and start outperforming against Bitcoin (ETH/BTC).
Ethereum (ETH) has recently crossed the $4,000 mark, drawing attention as it edges closer to a critical resistance level. This milestone comes as on-chain data suggests that ETH is in the “belief phase,” a crucial stage in market cycles where confidence grows among long-term holders.
The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.
BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.
Germany's Deutsche Bank is set to address compliance hurdles associated with public blockchain technology through the development of a Layer 2 protocol. Announced as part of Project Dama 2, this initiative will integrate blockchain efficiency with regulatory requirements, bridging traditional financial services (TradFi) and decentralized technology.
Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.
PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.