The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.

An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Grayscale Investments, one of the largest asset management firms in the cryptocurrency sector, has officially filed for a Spot Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE). This move, declared on December 4, 2024, marks a significant development in the ongoing evolution of crypto investment products, especially after the successful approvals of Bitcoin and Ethereum ETFs earlier this year.

Evaluating ETH spot, ETF and derivatives demand amid mixed signs regarding the cryptocurrency's next major directional move.

Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside.

The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.

Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.

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An analyst at the asset management giant Bernstein thinks Ethereum's risk-to-reward ratio “looks attractive” given ETH's relative underperformance recently. Gautam Chhugani, the managing director of Bernstein's global digital assets division, notes that Ethereum's total supply has remained mostly stagnant since the network transitioned to proof-of-stake and adopted a burn mechanism.

A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.

Devcon SEA 2024 in Bangkok highlighted Ethereum's advancements, focusing on real-world applications, scaling, and second-generation cryptography, while fostering community collaboration.

Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.

Ethereum (ETH) has experienced a massive surge in institutional interest, with year-to-date inflows hitting a record $2.2 billion. This figure surpasses the previous record set in 2021, showcasing Ethereum's continued dominance in the cryptocurrency space.

Sol Strategies expands its footprint in the Solana blockchain ecosystem with a CAD $174.7M validator acquisition. The move grows its delegation to 1.49M SOL, strengthening operations and positioning it as a leader in validator commissions. Regulatory approval remains the final step for deal closure. The post Sol Strategies Sets the Stage for Growth with New Validator Acquisition appeared first on Cryptonews.

A Solana (SOL)-based memecoin is surging by double digits after Coinbase added the crypto asset to its listing roadmap. Gigachad (GIGA), a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, soared 51% as the top US crypto exchange made the announcement. GIGA was trading for $0.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Grayscale recently filed to convert its Solana Trust into a spot ETF, marking a significant step in expanding institutional access to Solana.

Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Solana's Gigachad (GIGA) experienced a notable surge in price following Coinbase's announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum's Turbo (TURBO), signaling the exchange's ongoing commitment to expanding its asset offerings.

Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.

Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

Ethereum has crossed into the $3.7K zone. The market witnessed a liquidation of $44.53 million in Ethereum.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.

Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.

Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.

Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

Ethereum has turned deflationary for the day due to no particular smart contract. It instead appears to be a general rise in network demand.

The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.

Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.

As the early excitement of Grayscale filing for Solana fizzles out, Solana faces a minor pullback. But will the growing bullish leverage drive the rally further?

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.

The US ETFs have bought $676 million worth of bitcoin on Tuesday, with BlackRock buying the vast majority of it, $693 million.

Ethereum (ETH) has been on a strong rally, with its price rising from $2,400 to $3,700 in recent weeks. This surge has captured the attention of traders and investors, fueling optimism about ETH's future.

Solana (SOL) price has experienced a remarkable surge, gaining 40% since early November. This growth reflects the broader market's bullishness, highlighting SOL's potential for further momentum.

Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

The Koii Foundation is giving a special gift to 110,000+ Solana Mobile Seeker pre-order token holders. This gift is a free airdrop of their $KOII token.

The breach led to $160,000 in stolen assets, including SOL tokens and other crypto assets, according to Solscan data.