Crypto News
Pyth Network Publishes Real-Time Prices for 100 Major ETFs
Pyth Network has launched real-time price feeds for over 100 major exchange-traded funds, including products from Blackrock, State Street, and Vanguard, with onchain access to data representing more than $8 trillion in assets. New Pyth Integration Brings Live ETF Prices to DeFi Builders Pyth Network has introduced real-time exchange-traded fund (ETF) price feeds, enabling blockchainSource link
Bitcoin Rises to $110K as Altcoins Rally; Traders Skeptical of Breakout
Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins.Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets Tuesday. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange coins and memecoins — has risen 3.3% in the same period of time, mostly thanks to ether ETH, solana SOL, chainlink LINK all gaining 5%-7%.The standout performances, however, were put on by uniswap UNI and aave AAVE, which soared a whooping 24% and 13%, respectively. The move was prompted by optimistic comments on the topic of DeFi by Securities and...
Quantum Threat for Bitcoin? ‘I Don’t Worry About It’, Says Strategy’s Michael Saylor
Bitcoin bull Michael Saylor of Strategy (MSTR) dismissed quantum computing risks to BTC, calling the threat overblown and manageable.Source link
Why Cathie Wood’s ARK Invest Remains Bullish as Bitcoin Nears Record Price
ARK Invest highlighted multiple bullish signals for Bitcoin as its price hovers just below the all-time high mark set in May.Source link
Solana’s SOL Jumps 5% on Report of Spot ETF Development
Solana SOL surged 5% in after U.S. hours on Tuesday on a Blockworks report saying that U.S. regulators are moving forward in the regulatory process necessary to make spot SOL exchange-traded funds (ETF) reality.The U.S. Securities and Exchange Commission reportedly asked prospective issuers to amend their S-1 filings in the next week, according to the story, and will comment on the paperwork in the next 30 days after submission.SOL jumped above $164 in the minutes following the report, up nearly 5% over the past 24 hours.After the debut of bitcoin BTC and ether ETH spot ETFs in the U.S. last year, asset managers are racing to get regulatory approval to launch similar vehicles for smaller cryptocurrencies, offering traditional investors easier...