As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Investments and innovation: Grayscale's strategy in the crypto market.

The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

Ethereum's YTD inflows hit $2.2B, surpassing 2021 records, as its L2s and DeFi thrive.

Dtcpay, a cryptocurrency payment platform in Singapore, will switch to supporting only stablecoins starting in January 2025. With this move, the firm intends to stop accepting Bitcoin (BTC) and Ethereum (ETH) for payments.

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.

Grayscale Investments has filed a 19b-4 with the SEC to convert its Solana Trust into a spot ETF. With $134M under management, GSOL could lead the way in a fiercely competitive crypto ETF market.

Grayscale Investments has filed to list a spot Solana (SOL) ETF on the New York Stock Exchange, joining a major growing firm that is seeking to launch Solana ETFs in the U.S. This filing sent Solana's price surging by $10 immediately.

After the XRP rally above $2.60, the primary token was not enough. The Ripple army is now trying to build a native meme token ecosystem.

Cryptocurrency markets are trading lower on Tuesday, with altcoins continuing their strong performance. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,114.25 +0.8% Ethereum (CRYPTO: ETH) $3,616 +0.2% Solana (CRYPTO: SOL) $236.50 +3.2% Dogecoin (CRYPTO: DOGE) $0.4116 -2% Shiba Inu (CRYPTO: SHIB) $0.00002826 -2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 125.5% and daily active addresses growing by 28%.

Brazilian banking giant Itaú Unibanco enhances its digital asset offerings by launching cryptocurrency trading services on its Ion investment platform, allowing customers to trade Bitcoin and Ethereum with a minimal entry threshold.

The New York Stock Exchange's exchange-traded product platform filed a form on behalf of Grayscale Investments, LLC for a spot Solana ETF.

Vitalik Buterin humorously critiques crypto custody models, warning against the risks of centralized exchanges, highlighting failures like Sam Bankman-Fried (SBF).

Grayscale's Solana ETF filing on NYSE Arca coincides with a 6% surge in Sol's price, amidst growing institutional adoption and regulatory talks. The post Grayscale files for Solana ETF as SOL token surges 6% appeared first on Crypto Briefing.

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC's approval.

Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.

Asset Management firm Grayscale Investments has applied to list a spot Solana ETF product with the New York Stock Exchange (NYSE). This filing places Grayscale among the growing list of firms now pressing to list the product in the United States.

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Cboe and four issuers are pushing the SEC's boundaries on crypto assets allowed in an ETF wrapper with recent Solana ETF filings. The SEC may refuse to acknowledge the applications in the near term, but new leadership at the agency in 2025 will be more friendly to crypto, making Solana ETF approvals likely in the next few years.

The developer reported being locked out of Coinbase after attempting to make a transfer using its native stablecoin.

This represents the highest onchain volume on Ethereum in three years, since December 2021's $241 billion.

Singapore's dtcpay will exclusively support stablecoins for digital payment services starting January 2025, phasing out Bitcoin and Ethereum transactions due to their volatility, aiming to provide customers with a more stable and secure payment solution. The post Singapore's dtcpay to Replace Bitcoin and Ethereum with Stablecoins by 2025 appeared first on Cryptonews.

Top US crypto exchange Coinbase has added a red-hot memecoin to its roster of potential upcoming listings. In an announcement, Coinbase says that it has added MOG Coin (MOG) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed.

Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana's ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana's high-performance infrastructure.

Solana (SOL), one of the leading cryptocurrencies by market capitalization, is currently showing signs of bearish pressure, with its price struggling to maintain key support levels. On December 3, 2024, the sentiment across the cryptocurrency market appeared mostly negative, as several major assets faced difficulties in gaining upward momentum.

CryptoQuant CEO Ki Young Ju highlights the precarious state of altcoins, urging investors to adapt to a new era of liquidity challenges. Ethereums $634 million inflows signal strength, but Bitcoins $457 million outflows raise concerns over market dynamics.

Ethereum co-founder Vitalik Buterin has called on Web3 wallets developers to prioritize improving security and privacy in decentralized wallets. In a blog post on December 3, 2024, Buterin stressed that wallets should be designed to enhance decentralization and privacy.

The cryptocurrency market is buzzing with activity as Bitcoin (BTC) holds steady at around $95,900 after a mild correction. Market sentiment remains cautious following the U.S. government's transfer of 10,000 BTC worth approximately $962.88 million from a Silk Road-seized wallet.

For the first time since its approval, Ethereum exchange-traded funds (ETFs) have recorded monthly inflows surpassing $1 billion, signaling a significant rise in institutional interest. This milestone coincides with ETH's price climbing to $3,700, raising expectations for further gains in the near future.

Coinbase added another meme coin to its listing roadmap today, pushing MOG near all-time highs in the process.

Security and scalability: Dtcpay reforms the digital payments market

Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.

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

In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.

Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.

“This outcome is crucial for all onchain activity,” wrote Mads Eberhardt, an analyst at Steno Research.

The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.

TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.

Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.

While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum's execution and data availability layers are also in the works.

With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.

The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.