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…

Developers of the Ethereum proof-of-work (PoW) hard fork have decided to disband. According to a Dec. 19 announcement, the core EthereumPoW development team will be dissolved to “achieve full autonomy.” Thereafter, the EthereumPoW blockchain will continue to run with PoW as the main consensus for the chain and decentralized governance “to become a deity-less public chain.”…

Solana’s SOL price risks losing nearly half its value in the coming weeks as a classic technical setup puts a potential 40% crash into play. Bearish divergence limits Solana’s upside prospects As of Dec. 19, SOL is trading at around $76.35, up around 50% compared to its local price low of around $51 a month ago….

The approval of a spot Bitcoin ETF by January 10 appears to be set in stone, with a new spate of exchange-traded fund (ETF) updates only adding further to the likelihood of an approval, say K33 research analysts. In a Dec. 19 report, K33 head of research Anders Helseth and senior analyst Vetle Lunde said the…

The Solana memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot. Between Dec. 13 and 15, a crypto trader bought over 19 million Dogwifhat (WIF) tokens, a dog-themed memecoin, as it debuted on the markets within the Solana network….

While the crypto community eagerly awaits the possible approval of a spot Bitcoin exchange-traded fund (ETF) in the United States, some analysts are warning this could potentially trigger unwanted consequences for cryptocurrency exchanges. Several industry observers have predicted that a spot BTC ETF could start trading in early 2024, in an event that, when paired with Bitcoin’s…

The latest degen “gold rush” to inscribe everything from profile pictures to memecoins has led to at least half a dozen blockchain networks cracking under pressure over the past week. The last few days have seen Arbirtrum, Avalanche, Cronos, zkSync, and TON all suffering partial or full outages recently due to inscriptions, with modular data availability…

Bitcoin on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets. Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17. Commentators: High Bitcoin fees are inevitable The latest wave of Bitcoin Ordinals inscriptions has resulted in elevated transaction fees for all network users — but some believe…