Bloomberg analyst says altcoin ETFs will ignite a ‘wild’ crypto market in 2025
Bloomberg analyst says altcoin ETFs will ignite a ‘wild’ crypto market in 2025Eric Balchunas believes that over 40 altcoin-related ETF listings can happen by the end of January.
Happy Thursday!In today's CryptoSlate newsletter, we delve into the transformative developments shaping the crypto landscape, including Bloomberg analyst Eric Balchunas's prediction that over 40 altcoin ETFs could be approved by January, potentially igniting a "wild" market in 2025. Meanwhile, Vancouver Mayor Ken Sim is advocating for Bitcoin as a strategic hedge against inflation to bolster the city's financial reserves. Adding to the momentum, SOS Limited's stock surged 100% after its board approved a $50 million investment in Bitcoin, reflecting increasing corporate confidence in cryptocurrency as a viable reserve asset. Stay tuned for more insights on these exciting trends! LATEST SLATECAST 🎙️ Exploring decentralized AI and artistic innovation with Dimitri de Jong of 204.ai 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.29 trillion, with a 24-hour volume of $182.78 billion. The price of Bitcoin is $95,202.04, and BTC market dominance is 57.2%. The price of Ethereum is $3,550.77, and ETH market dominance is 13.0%. The best-performing sector is Identity, which gained 10%. The Crypto Fear & Greed Index is currently Greed (77). 📰 Top News
Bloomberg analyst says altcoin ETFs will ignite a ‘wild’ crypto market in 2025Eric Balchunas believes that over 40 altcoin-related ETF listings can happen by the end of January. Vancouver mayor eyes Bitcoin to bolster city reserves against economic shocksVancouver Mayor Ken Sim believes Bitcoin could hedge against inflation and strengthen financial reserves. Chinese data miner SOS’ stock surges 100% after board approves $50 million Bitcoin investmentSOS Limited's $50 million Bitcoin investment reflects growing corporate faith in the flagship crypto's ability to serve as a reserve asset.
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Polymarket: A revolution in prediction marketsCryptoSlate's latest report dives deep into Polymarket's evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.
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Brazilian lawmaker proposes $18 billion Bitcoin reserve initiative
Wednesday, November 27, 2024
The Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Long term holders take profits as Bitcoin drops to $93k
Tuesday, November 26, 2024
Profit-taking trend emerges as Bitcoin flirts with six figures. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sudden dip under $95k incurs $180 million in trader losses, stalls $100k momentum
Monday, November 25, 2024
Turbulent hour for traders as Bitcoin slip below $95000 incites major liquidations for crypto traders. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket: A revolution in prediction markets
Sunday, November 24, 2024
CryptoSlate's latest report explores Polymarket's evolution, its role in high-stakes prediction events like US elections, and the impact of its controversies on its market position. ͏ ͏ ͏ ͏ ͏ ͏
Blockchain Association urges Trump to tackle crypto reform in first 100 days
Saturday, November 23, 2024
The association sent a letter with five priorities to the President-elect, including regulatory clarity and ending crypto firms' "debanking." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Brazilian lawmaker proposes $18 billion Bitcoin reserve initiative
Wednesday, November 27, 2024
The Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 ERC-20 stablecoin supply hit a record high of US$39 billion; Crypto.com launched CDCSOL an…
Wednesday, November 27, 2024
ERC-20 stablecoin supply hit a record high of US$39 billion. Crypto.com launched CDCBTC and CDCSOL. Ripple partners with Archax to debut the first tokenised money market fund on XRP Ledger. ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 ERC-20 stablecoin supply hit a record high of US$39 billion; Crypto.com launched CDCSOL an…
Wednesday, November 27, 2024
ERC-20 stablecoin supply hit a record high of US$39 billion. Crypto.com launched CDCBTC and CDCSOL. Ripple partners with Archax to debut the first tokenised money market fund on XRP Ledger. ͏ ͏ ͏ ͏ ͏ ͏
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Long term holders take profits as Bitcoin drops to $93k
Tuesday, November 26, 2024
Profit-taking trend emerges as Bitcoin flirts with six figures. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
MicroStrategy’s Bitcoin Mega Strategy
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