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.

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.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.

Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.

Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?

Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.

Deutsche Bank's Ethereum L2 initiative could revolutionize blockchain use in finance by enhancing compliance and security for regulated entities. The post German banking giant develops Ethereum L2 using ZKsync appeared first on Crypto Briefing.

Markets are on edge ahead of the Federal Reserve's final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different market reactions, from relief rallies to sharp declines.

TL;DR Deutsche Bank has launched Project Dama 2, a Layer 2 solution integrating with Ethereum to address regulatory challenges and enhance transaction efficiency for financial institutions. Developed with Memento Blockchain Pte and Interop Labs, Dama 2 uses ZKsync technology to allow banks to explore public blockchains securely and customize validator lists for compliance.

Deutsche Bank is reportedly building a Layer 2 under an asset-servicing pilot project called Dama 2 as part of the lender's goal to clear regulatory hurdles for institutions who want to use public blockchains.

Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.

Omni Network has launched its Core mainnet, aiming to unify Ethereum's fragmented layer-2 ecosystem by enabling seamless cross-rollup interactions.

Ethereum recently faced a minor rejection at the critical $4K resistance zone, underscoring the presence of sellers at this level. A pullback toward the $3.5K support area may follow, providing an opportunity for buyers to re-enter the market with the goal of reclaiming the $4K threshold.

The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness.

Bitcoin market dominance may decline over the next few weeks as altcoins are ready for another explosive period. The AI coin, IntelMarkets (INTL), is clearly one of the most promising.

The ETP, which trades under the ticker BSOL, comes with a unique advantage for investors: staking rewards. Bitwise has partnered with Marinade, a Solana staking firm, to provide these rewards.

Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.

With a minor supply dump for Bitcoin and altcoins, Ethereum tests its critical support level of $3,800. As the short-term volatility warns of an intense pullback, the rising ETF inflows paint a bullish narrative.

Bitwise, a prominent asset manager in the cryptocurrency space, has launched a Solana staking Exchange-Traded Product (ETP) called BSOL in the European Union. This launch comes as the company continues to face significant regulatory challenges in the United States, where efforts to introduce a similar Solana ETF have been stalled.

HashKey joins other crypto firms like Coinbase and Kraken in building their own Layer 2 networks using the OP Stack.

A Bitcoin and Ether combo ETF is expected to lead a wave of new funds in 2025, and could open the door for potential ETFs for Litecoin and Hedera.

TL;DR Bloomberg analysts predict a significant surge in crypto ETFs in 2025, driven by changes in SEC leadership and growing market demand. The first wave of new crypto ETFs is expected to be led by Bitcoin and Ethereum, followed by Litecoin and Hedera, which have favorable regulatory positions.

Good news for the crypto enthusiasts in the European Union. The famous crypto asset management firm, Bitwise, just launched its Bitwise Solana Staking ETP (BSOL). They launched the product on Deutsche Börse Xetra. It is a great product for investors looking for institutional grade exposure to Solana.

Bloomberg's senior ETF analyst expects multiple new crypto exchange-traded funds (ETFs) to launch in 2025 amid anticipated changes in Securities and Exchange Commission (SEC) leadership since Republican Donald Trump won the U.S. presidential election.