Coinbase is looking to list the futures as soon as Feb. 18, it said in the filing.
The exchange is looking to list these new contracts, which will be cash-settled on a monthly basis, on or after Feb. 2025.
Crypto trading venue Coinbase Derivatives has applied for self-certification with the US Commodity Futures Trading Commission (CFTC) to list the Solana Futures Contract. The exchange directed the letter to CFTC's Christopher Kirkpatrick, highlighting February 18 as its desired launch date for the product.
Ethereum's reserves have dropped to a six-year low, reflecting a noticeable shift in market dynamics as buying pressure increases across spot exchanges. This shift has become particularly important given the uncertainty in the broader cryptocurrency market.
After UFC's Instagram was hacked to promote a pump-and-dump Solana meme coin scam, the attackers got away with $1.4 million in profit.
The memecoin launch attracted hundreds of thousands of new onchain users, propelling Solana to become the third-largest blockchain network by stablecoin supply.
The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Solana (SOL) price has risen more than 5% in the last 24 hours, bringing its market cap to around $117 billion and trading volume to surpass $6 billion. Despite this short-term surge, technical indicators remain mixed, with the Ichimoku Cloud showing uncertainty and the BBTrend still in negative territory.
Ethereum price remains above $3,000, signaling potential for further gains as market sentiment improves. On-chain data reveals large investors accumulating ETH, indicating confidence in a possible rally.
The official X account of Time, the famous red-framed magazine, was hacked earlier this Thursday in order to promote a fake Solana-based cryptocurrency.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation.
Ethereum (ETH) has been facing increasing volatility in the market, particularly with a widening gap in price action between Bitcoin (BTC) and ETH. As digital assets and web3 protocols gain mainstream adoption, the historical correlation between Bitcoin's bull runs and the altcoin season is weakening.
Ethereum should be able to reach the low to mid-4000s before we see the next pullback from where the rally to $10000 can start in earnest.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
Ethereum's price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself.
Unlike past bull cycles, Ethereum lacks speculative whale activity.
Solana price recovers today, reaching its highest point since Tuesday. This rebound coincided with the broad crypto market rally, with Bitcoin soaring above $105,000.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
Ethereum (ETH) is showing signs of a potential price correction, with its Market Value to Realized Value (MVRV) ratio dipping below a critical 160-day moving average. This metric, which tracks the relationship between Ethereum's market value and its realized value, is signaling possible bearish trends, leading to concerns about a 40% price drop.
The JELLYJELLY token, inspired by Venmo's founder, sees explosive growth on launch day, marking a shift towards Internet Capital Markets on Solana.
Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments.
A Solana investor who transformed a $577 investment into $171,000 in 2021 is now looking for the next big opportunity.
Unlike its previous program, Kraken's revamped staking service ensures regulatory compliance and enhanced security, backed by third-party insurance.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
With the successful completion of the trial, ABN AMRO and 21X are contributing to Europe's digital asset revolution, with 21X securing its place as one of the first regulated exchanges in the region.
Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.
Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.
With a strong focus on innovation and solving blockchain inefficiencies, Lightchain AI is rapidly gaining momentum as a serious contender to Solana's dominance.
As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts.
Solana seems to be eating Ethereum's lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.
Ross Ulbricht's wallet lost $12 million due to a liquidity addition mistake in a Pumpfun token transaction.
TRUMP, a meme coin launched earlier this month on Solana, is available as a payment option at several of President Trump's online merchandise stores.
JellyJelly Solana Token skyrocketed to a $250 million market cap, highlighting its strong demand for the new JellyJelly app.
The AUSD stablecoin is now officially live on Solana, surpassing $20 million in issuance and boosting on-chain payments & DeFi growth.
Solana (SOL) has been navigating extreme volatility as the broader market shifted from bearish to bullish within hours yesterday. After experiencing a sharp 25% decline from its all-time high (ATH) in less than two weeks, SOL tested a crucial demand level and is now making an attempt to recover lost ground.
Shortly before assuming the presidency, Donald Trump launched his own meme coin on Solana. Melania Trump followed suit a day later.
A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.
In an informal Ethereum poll, a majority of ETH wallets collectively holding over 51,198 ETH ($164 million) cast their votes in support of former Ethereum researcher Danny Ryan to become the next leader of the Ethereum Foundation (EF).
Speculations about Ethereum's potential for a major upswing to a new all-time high in the ongoing cycle swells within the community as many wonder why ETH has underperformed compared to other altcoins. Several factors have been considered to have hindered ETH's much-awaited rally including weak whale activity.
Pump.fun surpassed Solana and Ethereum in 30-day trading volume, with Solana generating over $119.33 million in monthly fees, while Ethereum recorded $142.57 million. Data from DefiLlama showed that Pump.fun recorded $295.53 million in trading volume in the past 24 hours.
SafeMoon V2 (SFM) has been thrust into the limelight again following a 115% surge over the past 48 hours. With SFM's price currently at $0.
A Venmo co-founder, Iqram Magdon-Ismail, and early investor have launched a Solana token to support a future video app.
Discover the utility altcoin (DTX Exchange) that's gaining traction among Dogecoin traders, with potential gains of up to 27,000% as Ethereum's price tanks.
Raj Gokal, a cofounder of Solana (SOL), recently expressed some epic opinions online; the one that really stood out was his take on the future of meme coins, which have long been seen as more about humor than substance. Gokal predicted a shift: soon, meme coin portfolios will not just be a collection of playful cartoons.