Category: Crypto Currents
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Is Bitcoin’s Bull Market Returning?
Bitcoin’s potential for a bullish market recovery highlighted by positive on-chain metrics and miner confidence. External factors like S&P 500 ties may introduce volatility, demanding patience for a sustained rally.
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Nasdaq Requests SEC Approval for Grayscale Avalanche ETF
Nasdaq seeks SEC approval to convert Grayscale’s Avalanche ETF, worth $1.76 million, from closed-end fund to spot market. Shares trade at 7.4% premium.
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Safe State Report: Q4 2024 Insights
Q4 2024 saw over $112 billion processed in blockchain transactions led by Ethereum. Safe’s transactions surged 306% QoQ with 87 million completed. Safenet to boost cross-chain transfers.
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Dogecoin Price Poised for $1: Rare Buy Opportunity
Dogecoin price may hit $1, presenting a unique buying chance. Key levels at $0.177 and $0.207 are pivotal for future price action.
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CoinDesk 20 Index Drops 4.5% Amid Declining Assets
CoinDesk 20 Index falls 4.5% to 2616.04. BTC down 2.5%, POL and SUI drop 8.3%.
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Fidelity, BlackRock Push Solana ETF Under SEC’s New Rule
Fidelity and BlackRock seek SEC approval for Solana ETF under new rule, joining other applicants.
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Grayscale Files Avalanche ETF with Nasdaq for $AVAX
Grayscale partners with Nasdaq to launch Avalanche ETF for $AVAX, signaling growing interest in crypto investments.
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SC Explores Bitcoin Reserve, Drops Coinbase Lawsuit
South Carolina introduces Bitcoin reserve bill and ends lawsuit against Coinbase, emphasizing transparency and protection of public funds from inflation.
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Galaxy Digital to Pay $200M for Terra Promotion Fallout
Galaxy Digital settles for $200 million over Terra promotion controversy and false claims leading to Terra’s collapse.
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Galaxy (GLXY) Settles with NYAG for $200M Over LUNA
Galaxy Digital settles with NYAG for $200M regarding LUNA investments, reports $174M profits in Q4 2024, signs 15-year lease with CoreWeave for AI operations power.
