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Spot bitcoin ETFs saw over $4 billion in inflows from December 2 to December 12, driven by strong demand as Bitcoin surpassed $100,000 on December 5. Major contributors included BlackRock and Fidelity, with consistent inflows exceeding $100 million and no outflows reported. The total inflow reached $4.4 billion during this period, reflecting robust market interest.
Solana (SOL) has resumed its bullish trend, recently reaching $232 after a two-week correction, with analysts predicting a potential price surge to $4,000 based on a bullish "cup and handle" pattern. Despite mixed technical signals, Solana's Total Value Locked has hit $9.198 billion, reflecting strong interest in its DeFi ecosystem, while DEX volumes have seen a 25% decline. Recent developments, including Grayscale's filing for a spot Solana ETF, have further fueled optimism, although the platform faces challenges with trading activity stability.
Solana (SOL) has resumed its bullish trend, recently reaching $232 after a two-week correction, following an all-time high of $263. Analyst Ali Martinez predicts a potential 1,650% increase, possibly pushing the price to $4,000, driven by a bullish "cup and handle" pattern. Despite mixed signals, Solana's Total Value Locked has hit $9.198 billion, reflecting strong interest in its DeFi ecosystem, although DEX volumes have dropped by 25%.
The SEC is seeking industry feedback on NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF, which aims to provide balanced exposure to the two largest cryptocurrencies. This move comes amid increasing competition in cryptocurrency index funds, with other proposals from Grayscale and asset managers like Hashdex and Franklin Templeton. As regulatory dynamics shift with the upcoming leadership change, the approval of such ETFs could enhance accessibility for both retail and institutional investors in the crypto market.
The SEC is advancing NYSE Arca's request to list a Bitwise Bitcoin and Ethereum ETF, which aims to provide balanced exposure to the two largest cryptocurrencies. This move comes amid increasing competition in the crypto index ETF space, with several asset managers filing similar proposals. As the regulatory landscape shifts with the upcoming presidential term, issuers are eager to launch a variety of crypto funds.
On December 10, 2024, spot bitcoin and ethereum ETFs attracted a remarkable $745.3 million in inflows, highlighting strong investor interest. Bitcoin ETFs led with $439.56 million, while ethereum ETFs garnered $305.74 million, bringing cumulative totals to $34.35 billion and $1.87 billion, respectively. Despite some losses in specific funds, the overall trend indicates robust participation in these digital asset markets.
Solana (SOL) has shown resilience, recovering from a low of $203 and maintaining a market cap above $103 billion despite recent corrections. Strong institutional interest is evident with multiple ETF applications, while technical indicators suggest potential consolidation around $220, with significant support between $200 and $205. Current trading activity reflects a balanced market, with SOL priced at $219, indicating a structured range for future price movements.
Solana's price has surged by 218% over the past year, currently hovering around $223.49, with analysts projecting a potential target of $4,000 based on a "cup and handle" chart pattern. A breakout above the critical $262 resistance could lead to significant gains, fueled by growing interest in Solana meme coins and a recent ETF filing with the SEC. Increased investor activity and Bitcoin's strong performance further bolster optimism for Solana's future growth.
Crypto bulls are eyeing Solana (SOL), Sui (SUI), and FXGuys ($FXG) for significant gains in 2025, driven by innovative partnerships and market strategies. Grayscale's ETF filing for Solana has sparked optimism, with predictions of SOL reaching $300. Sui's collaboration with Babylon Labs enhances its DeFi appeal, potentially pushing its price to $5, while FXGuys, with its unique trading platform and presale success, is projected to achieve a 100x price increase, currently priced at $0.04.
Analysts predict that Solana (SOL) could rebound from its current level around $215 to reach $600 in 2025, following a recent pullback of nearly 20%. Meanwhile, Toncoin (TON) is showing positive on-chain trends with reduced supply on exchanges, potentially driving its price toward an all-time high of $10. Both assets are seen as strong contenders for new peaks as the altcoin market experiences renewed interest.
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