Ethereum Nears $2400 As Solana Stalls, DApp Activity Accelerates | ZeroHedge

After a remarkable recovery from the depths of the FTX collapse crisis, with Solana soaring above $100 over the weekend for the first time since April 2022 (to $125 at its highs), supported by increased network activity and meme coin re-engagement…

Source: Bloomberg

…the fourth largest cryptocurrency has stalled since, and it appears that has prompted a rotation into Ethereum…

Source: Bloomberg

Who could have seen that coming?

The ETH/SOL pair reversed (more…)

Continue ReadingEthereum Nears $2400 As Solana Stalls, DApp Activity Accelerates | ZeroHedge

Spot Bitcoin ETF Inflows Could Dwarf All 150 Crypto ETPs Today | ZeroHedge

Authored by Tom Mitchelhill via CoinTelegraph.com,

Newly compiled data from BitMEX Research estimates there are 150 crypto ETPs available today, with $50.3 billion in assets under management…

United States-approved spot Bitcoin exchange-traded funds (ETFs) could end up dwarfing the entire $50 billion crypto-related ETF market today. 

According to new data from BitMEX research, the current global market for crypto exchange-traded products (ETPs) includes approximately (more…)

Continue ReadingSpot Bitcoin ETF Inflows Could Dwarf All 150 Crypto ETPs Today | ZeroHedge

SEC Sets Deadline For Spot Bitcoin ETF Updates On Dec. 29 | ZeroHedge

By Helen Partz of CoinTelegraph

Applicants for a spot Bitcoin exchange-traded fund (ETF) have only a few days to finalize their filings to meet a looming deadline set by the United States Securities and Exchange Commission.

The SEC has set a deadline for spot Bitcoin ETF applicants to file final S-1 amendments by Dec. 29, Reuters reported, citing public memos and two people familiar with the discussions.

According to the report, the SEC officials met on Dec. 21 with representatives (more…)

Continue ReadingSEC Sets Deadline For Spot Bitcoin ETF Updates On Dec. 29 | ZeroHedge