SEC Receives Grayscale Filing for Solana Spot ETF
Grayscale Investments, a prominent digital asset management firm, has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot Solana exchange-traded fund (ETF). If granted approval, the proposed fund, named the Grayscale Solana Trust and trading under the ticker “GSOL,” would be listed on the New York Stock Exchange. The SEC […]
Binance Dominates Bitcoin Deposits Among Crypto Exchanges in 2024
Cryptocurrency exchanges have experienced a significant surge in average deposits in 2024, largely driven by increased participation from institutional and corporate investors. A report from CryptoQuant on Dec. 3 reveals that Binance has led the way in Bitcoin deposits, with its average daily deposit rising by 2.77 BTC over the course of the year. This […]
Chainlink Soars 27% Amid Strategic EU Partnership
Chainlink’s (LINK) token has seen a remarkable surge, with a 27% price jump in just 24 hours on December 3, following a strategic partnership with Europe’s first EU-regulated tokenized securities market. This collaboration, with the European firm 21X, aims to launch a tokenized asset settlement system, pushing LINK’s price to a two-year high of $26.92, […]
Fedwatch Signals 74.5% Chance of US Interest Rate Cut in December
CME FedWatch, a key tool for gauging market expectations on Federal Reserve rate changes, now shows a 74.5% probability of an interest rate cut in December, marking a significant increase from previous estimates. As of Monday, Dec. 2, the tool surged by 8.5 percentage points from the 66% chance reported on Nov. 29, signaling that […]