SEC Approval for Solana ETF Will Happen in 2025 – VanEck

SEC Approval for Solana ETF Will Happen in 2025 – VanEck

November 16, 2024

Since Donald Trump’s election, the clamour for Solana exchange-traded fund (ETF) approval in the United States has gained traction. According to Mathew Sigel, VanEck’s head of digital asset research, the industry expects the US Securities and Exchange Commission (SEC) to greenlight more…

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

Bitcoin ETFs Inflow End with $400M Outflows: What to Know

November 15, 2024

Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…

Ethereum ETFs Hit Record $295M Inflow as Market Rallies

Ethereum ETFs Hit Record $295M Inflow as Market Rallies

November 12, 2024

Historic Inflows Mark Growing Interest in Ethereum ETFs Ethereum ETFs in the United States recorded a historic $294.9 million in inflows on Nov. 11, marking their largest single-day inflow since their July launch. This surge highlights the growing interest in Ethereum ETFs…

Ethereum Foundation Allocates $500M to Ecosystem Growth

Ethereum Foundation Allocates $500M to Ecosystem Growth

November 8, 2024

Ethereum Foundation Deploys $500M to Projects The Ethereum Foundation disclosed that it deployed nearly $500 million to ecosystem projects between 2022 and 2023. According to its 2024 annual report, $497 million was allocated to support various projects, with the Foundation contributing $240.3…

Cardano Taps $1.3 Trillion in Bitcoin Liquidity: What to Know

Cardano Taps $1.3 Trillion in Bitcoin Liquidity: What to Know

October 25, 2024

Cardano plans to integrate BitcoinOS, a Bitcoin-based smart contract platform, to enhance its decentralized finance ecosystem and better cross-chain functionality. Accordingly, Cardano will tap into the $1.3 trillion in liquidity held on Bitcoin. By using zero-knowledge cryptography, the network claims it can…

Crypto Whale Actions Trigger Market Fluctuations: Here’s How

Crypto Whale Actions Trigger Market Fluctuations: Here’s How

October 22, 2024

The cryptocurrency market experienced a significant spike in large transactions following crypto whale actions on leading assets like Bitcoin, Ethereum, Toncoin, and Cardano. Data from IntoTheBlock indicated that Bitcoin had the largest transaction volume of nearly $44 billion on October 21st. Crypto…

Revenue for Bitcoin Miners Hits 11-Month Low in August 2024

Revenue for Bitcoin Miners Hits 11-Month Low in August 2024

September 2, 2024

Rising Mining Difficulty Squeezes Profits for Bitcoin Miners Bitcoin miners experienced a sharp drop in revenue in August 2024, their lowest earnings since September 2023. Data from Bitbo revealed that miners generated $827.56 million last month, a significant decrease from July’s $927.35…

Ledn Secures $50M Bitcoin-Backed Loan: What to Know

Ledn Secures $50M Bitcoin-Backed Loan: What to Know

August 20, 2024

Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…