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Bloomberg analysts Eric Balchunas and James Seyffart are expecting a wave of new cryptocurrency-based ETFs next year after leadership takes over at the SEC.Both predict that a host of new ETFs could launch including a bitcoin and ether combo ETF, Litecoin and HBAR funds, and then eventually spot funds for Solana and XRP.
Quick Take Ethereum Name Service will use Linea’s technology to develop its own Layer 2 network called Namechain.
Quick Take Polygon community members rejected a preliminary proposal to deploy over $1 billion in stablecoin from the PoS Chain bridge for yield generation. Following community feedback, Polygon acknowledged these concerns and decided not to advance the proposal but remained open to exploring innovative ideas in the future.
Quick Take Donald Trump-backed DeFi platform World Liberty Financial and Ethena are planning a “long-term collaboration” starting with implementing the yield-bearing token, sUSDe. World Liberty Financial’s governance will be asked to decide on the implementation this week.
Meme coins like Dogecoin, Shiba Inu, and Pepe show mixed performance. Bitcoin reaches a new all-time high, trading at $107,487. The market outlook for meme coins remains uncertain, with the potential for further decline.
Quick Take Exodus Movement’s stock was listed on the New York Stock Exchange sister company, NYSE American, on Wednesday. EXOD stock is up over 37% as the trading day ends.
Quick Take “We’re not allowed to own bitcoin,” Federal Reserve Chair Jerome Powell said during a news conference on Wednesday. In Congress, Sen. Cynthia Lummis, R-Wyo., has a draft bill circulating that would direct the U.S. Treasury to buy one million bitcoin over a period of five years.
- 01:14Nearly 19,000 ETH has been transferred from CEX to an unknown walletAccording to Whale Alert monitoring, about 10 minutes ago, 18,999 ETH ($69,578,664) were transferred from CEX to an unknown wallet.
- 2025/01/04 22:32The total market value of stablecoins has increased by 0.45% over the past weekAccording to DefiLlama data, the total market value of stablecoins has increased by 0.45% over the past week, now reported at 206.207 billion US dollars. Among them, the total market value of USDT decreased by 1.41%, now reported at 137.561 billion US dollars, with a market share of 66.71%.
- 2025/01/04 22:31The total transaction volume of Orderly Network has broken through 91 billion US dollarsThe total transaction volume of the NEAR ecological trading protocol Orderly Network has broken through 91 billion US dollars, reaching 91.076 billion US dollars. The current protocol TVL (Total Value Locked) is 18.7483 million US dollars, and the net income from cumulative handling fees of the protocol is 8.6076 million US dollars.