News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Quick Take The Crypto Council for Innovation, Michael Saylor and Robinhood, among others, have all met with the SEC’s newly created crypto task force over the last several days. The SEC has been making moves to re-evaluate its approach to regulating crypto after years of what some in the crypto industry called a “regulation by enforcement” approach.
Quick Take Regulatory uncertainty remains a potential hurdle for Solana ETFs, as the SEC may classify SOL differently from Bitcoin and Ethereum despite a more crypto-friendly stance under new leadership. Bloomberg analysts estimate a 70% chance of Solana ETFs receiving SEC approval.
Quick Take Restaking protocol Byzantine Finance raised $3 million in pre-seed funding to support the development of its aggregation layer.
Quick Take Sam Bankman-Fried posted on X for the first time since January 2023, expressing his views on the recent mass layoffs in the U.S. government. FTT token briefly surged over 29% following Bankman-Fried’s posts.
Quick Take The Pectra upgrade was activated on the Holesky test network at 4:55 p.m. ET yesterday. This activation marks a key phase in stress-testing the upgrade before it is launched on Ethereum’s mainnet. Despite the planned launch, the network has not been finalized since activation.
- 16:27Data: Bitcoin ETFs net inflow of 4,201 BTC today, Ethereum ETFs net inflow of 59,538 ETHAccording to Lookonchain monitoring, 10 Bitcoin ETFs had a net inflow of 4,201 BTC today (approximately $397 million), with iShares alone having a net inflow of 2,523 BTC, bringing its total holdings to 588,687 BTC; Meanwhile, 9 Ethereum ETFs had a net inflow of 59,538 ETH (approximately $107 million) during the same period, with iShares contributing a net inflow of 30,272 ETH, currently holding a total of 1,215,231 ETH.
- 16:27Whale Switches from Short to Long and Adds 3,974 More ETHAccording to Jinse, on-chain analyst @ai_9684xtpa monitored that a whale switching from short to long once again borrowed 7 million USDC in the past 10 minutes to buy 3,974 ETH at an average price of $1,759.25.
- 16:11Ethereum Foundation: Focusing on Core Values and Strategic Goals Over the Next YearThe Ethereum Foundation stated that in the coming year, efforts will be centered around two pillars: core values and strategic goals, supported by technical excellence, to promote the long-term success of the Ethereum ecosystem. Specific focuses include: Expanding the Ethereum mainnet (L1) and data expansion (Blobs); Improving user experience (UX), enhancing L2 interoperability, and advancing the application layer; Enhancing the developer experience (DevEx) and increasing exposure and support for applications and L2 projects on platforms like Devcon. Additionally, the Ethereum Foundation will accelerate the path for developers, entrepreneurs, and institutions to build and apply Ethereum, leveraging EF's knowledge and leadership to attract and nurture the next generation of builders.