Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run. If approved, 21 Shares would break new ground, so it's not surprising that the 24-hour trading volume for $ETH has shot up by ~35% alongside the news spreading.
TL;DR FDUSD-FOMO Pay Partnership: First Digital USD (FDUSD) partners with FOMO Pay to enable on-chain stablecoin payments for merchants on Ethereum and Solana blockchains. Merchant Integration: Over 200,000 merchants across Asia will now accept FDUSD, leveraging faster settlement times and reduced fees.
Ethereum Foundation allocated 45,000 ETH (worth $120M) into Aave, Spark, and Compound to earn passive yield through DeFi rather than selling assets.
Integration of Taurus-PROTECT and Taurus-CAPITAL provides banks and issuers with secure custody, staking, and scalable issuance of tokenized assets on Solana. The post Deutsche Bank-Backed Taurus Integrates with Solana, Enables Institutions to Enter Tokenized Asset Space appeared first on Cryptonews.
The line between traditional finance and the world of crypto continues to blur. Franklin Templeton, a giant in asset management with $1.6 trillion under management, takes another step towards integrating blockchain and announces the extension of its tokenized US money market fund (FOBXX) on Solana.
The Cboe BZX Exchange has submitted a proposal to the Securities and Exchange Commission to allow staking for the 21Shares Core Ethereum ETF. What Happened: The request, filed through Form 19b-4, aims to modify the ETF's structure so that Ethereum (CRYPTO: ETH) held within the fund can participate in staking activities.
Bitcoin and ethereum have diverged in recent months, with the bitcoin price soaring as ethereum struggles
Community members celebrated as the Ethereum Foundation deployed 45,000 ETH to decentralized finance protocols Aave, Spark and Compound.
Ethereum's recovery is shaping into a potential five-wave impulse, with key resistance at $3,349. If price clears $2,881, further upside toward $3,500 is possible.
If you're thinking about allocating $2,000 to the cryptocurrency sector, you're in luck, because there are a plethora of great choices right now. It's just a matter of finding the coins that mesh the best with your investing philosophy and your other preferences.
For the first time this month, Ethereum (ETH) has recorded a series of spot inflows, signaling renewed investor interest in the leading altcoin.
BNB surged 22.2% in a week, outperforming the broader crypto market, while SOL's decline reflects growing market volatility among altcoins.
Solana (SOL) has been struggling to regain the momentum seen at the close of 2024, with the price oscillating between $180 and $260 since November. Currently, SOL is facing resistance at around the $205 mark, which has been a consistent obstacle for the past week.
Binance Coin (BNB) rallied above $700 and moved ahead of Solana (SOL) after a revival of the Binance Smart Chain ecosystem, complete with new meme token launches.
Amid today's market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency's market cap. Some analysts suggest BNB's breakout could attempt to reclaim the $700 level and target new highs.
BNB Chain has unveiled a series of major upgrades set for 2025, aiming to significantly enhance transaction speed, reduce costs, and introduce AI-driven features. The post BNB Overtakes Solana to Become 5th Largest Crypto as BNB Chain Unveils 2025 Upgrades appeared first on Cryptonews.
This DeFi activity could be seen as a way to appreciate the value of Ethereum Foundation's treasury without selling assets.
While there are several theories about the cause of this, many revolve around Ethereum's scaling path, adopting L2 structures that interfere with the burn mechanisms designed to prevent this.
Two dormant Solana whale addresses have reactivated and accumulated $18.6 million worth of SOL tokens while the price consolidates near $200, with one address purchasing 61,319 SOL at $202.53 and another acquiring 30,901 SOL.
Ethereum price sees strong volatility but analysts remain optimistic about Ethereum's future, supported by strong whale activity and metrics like the realized price at $2,263.
If you hold Solana tokens like $BONK, $PENGU, $UFD, $WIF, or $JUP and $RAY, you can now buy them. Also, users can now manage them directly from their mobile.
Bitcoin eyes a breakout toward $133K as “stealth QE” from TGA drawdowns injects liquidity. Altcoin market cap faces key resistance at $1.28T—will it break higher?
After submitting a formal request to the CFTC, Coinbase Derivatives would now be ready to list futures on Solana.
The Cboe BZX Exchange has submitted a proposal to enable staking for the 21Shares Core Ethereum ETF. ETH surged over 5.65% following the filing request with the SEC.
The Cboe BZX Exchange has submitted a request to the US Securities and Exchange Commission (SEC) to enable staking for the 21Shares Core Ethereum exchange-traded fund (ETF), according to a Feb. 12 filing. If approved, the ETF would stake its Ethereum (ETH) holdings, allowing investors to earn staking rewards.
Ethereum's market position shows strengthening fundamentals as institutional buyers accumulate positions and network metrics maintain upward trends, with technical analysis suggesting $5,200 as the next major target following the recent establishment of support at $2,680.
Greed is rising, but will fear of a pullback shake out ETH HODLers?
The proposed rule change could potentially make 21Shares the first U.S. spot ETH ETF to offer staking rewards.
In 2021, Solana surged in the cryptocurrency market, escalating from below $2 to a peak of $260. Its velocity, scalability, and the proliferation of decentralized finance made it a leading performer. A new AI-driven cryptocurrency is generating significant attention, claiming a remarkable 9,800% potential return.
The latest rebound pulled the Ethereum price above the demand zone above $2,600. Meanwhile, the fresh sell-off is expected to drag the levels back within the range in a short while. In the items when Bitcoin is struggling to rise above $97,000, Solana above $200, Litecoin above $125 and Cardano above $0.
The amount of $3.3 billion, or 1.2 million in ETH, was taken out of the Beacon Chain, which affected the stability of the network and has certain implications for Ethereum. The removal of staked ETH from the network directly increases the available supply on the network.
Due to a number of planned advancements in the BNB Chain's 2025 roadmap, BNB has surpassed SOL to become the fifth largest cryptocurrency by market cap.
The Chicago Board Options Exchange (Cboe) has filed a Form 19b-4 with the US Securities and Exchange Commission (SEC) to introduce staking capabilities for the 21Shares Core Ethereum ETF (CETH).
What is the future of Solana (SOL) with Franklin Templeton's expansion into its ecosystem, the launch of new investment products, and growing ETF interest?
Asset manager Franklin Templeton has introduced its tokenized money market fund, the Franklin OnChain US Government Money Fund (FOBXX), on the Solana (SOL) blockchain.
Ethereum (ETH) surged 5.21% on Wednesday, ending the four-day consolidation. As a result of this move, ETH has formed a key support level that could provide the last buying opportunity before a new ATH.
BNB, the native crypto for the BNB chain, has experienced a significant surge in market capitalization, surpassing Solana (SOL).
The second-largest cryptocurrency by market capitalization, ETH, is currently seeing a massive jump in its price after being dropped to $2132 due to economic uncertainty. As of now, ETH price has recorded a gain of 5.5% and trading around $2728. This surge has stirred excitement among crypto users questioning the reason behind the surge.
The Cboe BZX Exchange is seeking SEC approval to introduce staking for the 21Shares Core Ethereum exchange-traded fund.
Ethereum prices got a small boost following filings for staked ETH exchange-traded funds in the United States.
Ethereum price action amid the broader crypto market bearish sentiment over recent weeks hasn't been any different from the performance recorded in the past months. Over this period, Ethereum's price has struggled to gain significant upward momentum, remaining in a prolonged consolidation phase.
Swing traders and investors need to watch out for a drop below $190 as selling pressure remains firm.
The Cboe BZX Exchange proposed a rule change to let the 21Shares Core Ethereum ETF stake, marking a breakthrough as US ETH ETFs have so far avoided staking. The post Cboe Submits Proposal to Add Staking Capabilities to 21Shares ETH ETF appeared first on Cryptonews.
The cryptocurrency market displayed strong bullish momentum on Thursday, shrugging off hotter-than-expected US inflation data for January. Bitcoin (BTC) regained ground above $96,000, while Ethereum (ETH), XRP, and Solana (SOL) traded firmly in the green.
Solana started a fresh decline from the $210 zone. SOL price is consolidating and might aim for a fresh move above the $200 resistance zone.
Ethereum (ETH), one of the largest cryptocurrencies by market capitalization, has been facing a more tempered outlook for 2025. Predictions for its price range from highly optimistic forecasts from influencers to more conservative estimates from institutional funds.
Franklin Templeton introduced its OnChain US Money Market Fund (FOBXX) on Solana yesterday, February 12. The tokenized fund was previously available on Ethereum, Avalanche, Aptos, and Coinbase's Base. The latest move came a day after the investment firm filed for a Solana exchange-traded fund in Delaware.