Crypto News
Multicoin’s Samani Explains Why SOL ETF Could Trounce ETH’s
Solana doesn't yet have an exchange-traded fund, but one of the asset's biggest backers is betting the Wall Street-friendly vehicle could come in 2025 — and believes it's well-positioned to trounce Ethereum's various similar products.Multicoin Capital's Kyle Samani — a major investor in SOL and countless subordinate protocols — has been publicly pressing the Securities and Exchange Commission (SEC) to look favorably upon a SOL ETF. His bullish pronouncements therefore might come as little surprise.But onstage Tuesday at Blockworks' Digital Asset Summit in New York City, Samani explained his view why Solana is better placed to appeal to traditional investors than Ethereum did. It's all about the money: the fees being generated on-chain, compared to the value of the asset's...
Yeet Raises $7.75 Million to Build ‘Crypto’s Casino’
The upstart plans to rely on the reputation of its founders to create a home for gambling with crypto.Source link
Gold Hits Historic $3,038: Geopolitical Heat, Trump Policies Ignite Rally
On Tuesday, March 18, 2025, gold soared to an unprecedented zenith, breaching the $3,038-per-ounce threshold in spot trading—a historic pinnacle fueled by simmering global anxieties. Analysts attribute this rally to a confluence of destabilizing forces: escalating friction between Israel, Hezbollah, and Iran; strained U.S.-Iran diplomacy; recurrent Houthi maritime disruptions; and the reverberations of President DonaldSource link
Crypto Regulatory Clarity Top Catalyst For Industry Growth: Coinbase & EYP Survey
Crypto market regulatory clarity was cited as the top catalyst for growth in the digital asset industry, according to a survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP). Coinbase and EY Parthenon surveyed 352 institutional investors between Jan. 13 and Jan. 24 this year. 86% of those surveyed said they had exposure to digital assets or planned to make allocations in 2025, and 84% said they had increased allocations to crypto and crypto-related products in 2024.59% of respondents said they planned to allocate more than 5% of their assets under management (AUM) to cryptocurrencies in 2025.An improving regulatory backdrop under Donald Trump's new administration is viewed as a large tailwind for the digital asset industry. The President...
Bitcoin Whale Dumps $521 Million Short for Profit, Goes Long on Melania Trump Meme Coin
A Hyperliquid trader banked nearly $4 million profit on a massive leveraged Bitcoin short, then proceeded to bet on MELANIA.Source link