Bitwise CIO Matt Hougan is asking for a “Solana Season” forward of October’s catalyst-heavy month, including weight to bullish Solana price predictions. The tipping level, in accordance with Hougan, would be the October 10 deadline for spot Solana ETFs, when the SEC should both approve or deny issuers’ functions. He likened the setup to Bitcoin…
The US Securities and Exchange Commission (SEC) has pushed again its resolution on whether or not NYSE Arca can record the Bitwise Dogecoin ETF, designating a “longer interval” to finish its evaluate of the alternate’s proposed rule change below Rule 19b-4. In a notice dated Sept. 9, the company mentioned it’s extending the deadline to…
In accordance with the latest report, a gaggle of asset administration companies submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in america. These actions replicate the ramped-up curiosity of those establishments to get the approval of the US Securities and Alternate Fee (SEC) to supply this crypto-linked funding product. What Modified In The…
Paul Atkins, chairman of the Securities and Exchange Commission (SEC), unveiled Project Crypto last week, an initiative that Bitwise CIO Matt Hougan is calling the “most bullish” crypto document he’s ever read. Key Takeaways: SEC’s Project Crypto signals a major shift toward onchain finance. Bitwise CIO sees Layer 1s, DeFi, and super-apps as top crypto…
Ethereum staking validator Everstake has announced that the validator exit queue has reached its highest point in one year. The expert further explained why this development might be a positive for the ETH ecosystem. Ethereum Validator Exit Queue Reaches New High In an X post, Everstake stated that the Ethereum validator exit queue has reached…