Unpacking Solana’s surge in the shadow of Bitcoin rally
Unpacking Solana’s surge in the shadow of Bitcoin rallyThe significant growth in TVL, driven largely by Marinade Finance, highlights Solana's potential, but also raises questions about its reliance on a few major protocols.Happy Wednesday!The global crypto market cap is $1.28 trillion, with a 24-hour volume of $41.78 billion. The price of Bitcoin is $34,497.76, and BTC market dominance is 52.8%. The price of Ethereum is $1,799.18, and ETH market dominance is 17.0%. The best-performing sector is Communication, which gained 16%. The Crypto Fear & Greed Index is currently Greed (66). Top NewsUnpacking Solana’s surge in the shadow of Bitcoin rallyThe significant growth in TVL, driven largely by Marinade Finance, highlights Solana's potential, but also raises questions about its reliance on a few major protocols. Join us at Newconomics 2023, Nov. 14-15, in LisbonAd: A new event is launching on the fringe of the Web Summit in Lisbon this year, highlighting the future of work on the blockchain. HUMAN Protocol, the decentralized, automated solution to work, is hosting Newconomics so that technologists, business people, and the curious can learn how the blockchain can work in a host of new applications. Grayscale’s GBTC paradox: Performance at a discountPersistent discount on Grayscale Bitcoin Trust could suggest growing market desire for a U.S. spot Bitcoin ETF. Bernstein anticipates $150k Bitcoin by 2025Bernstein noted that Bitcoin prices have historically risen in sync with halvings and expects the flagship crypto to hit a high of $150,000 by 2025. 🚀 Elevate Your Crypto Journey: T2T2 Launches on Bitget!Ad: Bitget makes waves once again with the introduction of T2T2 on its esteemed Launchpad! Diving deep into the promising world of decentralized finance, T2T2 isn’t just another token—it symbolizes innovation. Traders, get ready to leverage your BGB for a stake in this groundbreaking venture. And that's not all; stay updated and rewarded with Bitget's "Learn2Earn" platform. Delve into T2T2's intricate world and other emerging projects, and enjoy exclusive incentives. Learn, quiz, and earn, all with Bitget! Latest Insights
More NewsSBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its caseThe day's proceedings revolved around scrutinizing SBF's relationship with the Bahamian government, handling customer funds, and transparency issues. Microsoft, Siemens announce AI copilot for industrial automationMicrosoft announced the two companies 'will work together to build additional copilots for manufacturing, infrastructure, transportation, and healthcare industries.' Sam Bankman-Fried claims to have overlooked $8B ‘bug’ in last day of testimonySam Bankman-Fried took the stand one last time during his criminal fraud trial in New York to deny wrongdoing. SEC missed a step with its crypto safeguarding rule, U.S. government watchdog saysThe accountability office said the securities agency failed to submit necessary reports. Invesco and Galaxy spot Bitcoin ETF ticker seen on DTCC listDTCC said an appearance on its website does not guarantee an SEC approval. |
Older messages
X has lost more than half its value since Elon Musk bought it last year
Tuesday, October 31, 2023
Musk originally purchased the company for more than $44 billion in October 2022; today that valuation sits at $19 billion.
VanEck’s amended Bitcoin ETF filing reveals unique seeding approach as BTC approaches $35K
Monday, October 30, 2023
VanEck amended filing shows that the asset manager wants to seed its proposed ETF with Bitcoin.
Is Bitcoin decoupling from traditional assets?
Sunday, October 29, 2023
In this market report, we explore how Bitcoin's decoupling from traditional financial benchmarks like the S&P 500 and gold could signal a new era of investment diversification.
SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfall
Saturday, October 28, 2023
Almost the entirety of the day was dedicated to SBF's testimony, which gave the courtroom further insights into the inner workings of FTX and Alameda from his perspective.
SBF Trial – Prosecution no longer expects early conclusion after SBF decides to testify
Thursday, October 26, 2023
The prosecution, which previously expected the case to reach a head by Oct. 30, believes the case will now take much longer to conclude due to the complications arising from SBF's testimony.
You Might Also Like
Balancing Community Growth with Procedure | BanklessDAO Weekly Rollup
Saturday, November 9, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
StanChart sees total crypto market cap climbing 5x to $10 trillion by 2026-end
Saturday, November 9, 2024
Meanwhile, the lender expects Bitcoin and Ethereum could hit $200000 and $10000, respectively, by the end of 2025. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: OpenSea to Launch New Platform in December, ZKSync Initiates Voting on First Incentivized …
Saturday, November 9, 2024
OpenSea CEO Devin Finzer tweeted that after one year since the release of OpenSea 2.0, the platform will be “rebuilt from the ground up.” ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever
Friday, November 8, 2024
Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Bitcoin Hits New High on Trump Election Win, Bitcoin ETF Inflows Reach All-Time High, SEC Cha…
Friday, November 8, 2024
On Wednesday, Donald Trump effectively secured his position as the 47th President of the United States, clinching the necessary 270 electoral votes with a victory in Wisconsin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Seamlessly Crossing Every Chain | Layer 2 Review
Friday, November 8, 2024
Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Thursday, November 7, 2024
Polymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: President Biden Calls Nigerian PM To Secure Binance Executive Release
Thursday, November 7, 2024
We bring you the top stories in crypto every week! Stories like... Monday Nov 4, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR President Biden Calls Nigerian PM To Secure Binance Executive
Bybit COO Helen: Inside the Second Largest Crypto Exchange
Thursday, November 7, 2024
Helen Liu is an atypical executive in the crypto exchange world. She comes from a human resources background and was new to crypto when she joined the exchange. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliver
Wednesday, November 6, 2024
Trump's crypto-friendly agenda promises a seismic shift in US digital assets strategy, driving Bitcoin to record highs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏