Correction: This article was corrected on Dec. 22 to reflect that it was Will Clemente who suggested Coinbase (COIN) shares will likely serve as an “index play” for traditional finance firms, not Blockware’s Mitchell Askew. Coinbase (COIN) shares could serve as an “index play” for traditional finance firms looking for a way to gain wide…

A strong 18% surge in the price of Solana over the past 24 hours has boosted the cryptocurrency to the fourth spot in market capitalization — the first time it’s done so in over two years. The latest surge has led to Solana’s market cap to reach $41.9 billion, flipping that of Binance Chain’s BNB’s now…

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The launch of spot Bitcoin exchange-traded funds (ETFs) in the United States could cause a shortage of “regulated” Bitcoin and hurt one popular trading strategy, according to Coinbase researchers. There are less than three weeks left until a potential approval of spot Bitcoin ETFs, with many believing trading could begin not long after. However, Coinbase’s head…

Solana’s native token, SOL, saw a 13.8% increase on Dec. 20, surpassing $82 for the first time since May 2022. This 33.5% rally over the past two weeks led SOL to overtake XRP in terms of market capitalization for the first time, making it the fourth-largest cryptocurrency, excluding stablecoins. Is Ethereum the next contender for Solana’s…

Avail is now an option for data availability on Starknet-based Madara networks, according to a Dec. 20 announcement. The new feature will allow these so-called “layer 3” networks to reduce data publishing costs by up to 90% when compared with using Ethereum for data availability and without relying on a permissioned solution, according to the…