Top news of the week Solana ETF regulatory filings abound as Gensler sets departure date. Cboe BZX Exchange filed four 19b-4 filings on November 21 for asset managers to list the Solana cash exchange-traded fund (ETF). On the same day, U.S. Securities and Exchange Commission Chairman Gary Gensler announced that he would resign in January. If approved, the spot Solana ETF issued by Bitwise, VanEck, 21Shares and Canary Capital will be listed on the Cboe BZX Exchange. 19b-4s notifies the SEC of rule changes proposed by self-regulatory organizations, such as financial regulators or stock exchanges. This differs from the Form…
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Louisa Crawford November 21, 2024 16:03 GitHub now offers a free Foundations certification to students verified through GitHub Education to foster the development of collaboration and version control skills. According to GitHub’s official blog, GitHub has announced an important initiative to support students by waiving the GitHub Foundations certification exam fee for those verified through GitHub Education. This move is part of GitHub’s ongoing effort to help students develop collaboration, version control, and other essential software development practical skills without financial burden. GitHub Basics Authentication The GitHub Foundations certification program is tailored for users…
Peter Jang November 21, 2024 17:15 Learn how intent-based applications can overcome Ethereum’s fragmentation challenges, with a focus on composability and a unified ecosystem through standards like ERC-7683 and low-latency networks. Intent-based applications are poised to change the way users interact with the Ethereum blockchain. However, these applications run the risk of creating fragmented “walled gardens” where each operates independently. According to EigenLayer Research, maximizing the potential of these applications requires a shift toward interconnected “invisible gardens.” The problem of fragmentation Intent-based applications such as CoW Swap, UniswapX, etc. provide an inherently user-centric and…
Layer 1 blockchain Cardano (ADA) is poised to continue its long-awaited price surge, according to a prominent cryptocurrency analyst. Digital asset trader Ali Martinez told his 87,300 followers on social media platform “Large Cardano ADA transaction volume on the network exceeds $22 billion per day. These large transactions appear to be associated with high levels of accumulation. In fact, the positions of whales holding between $1 million and $10 million or more in ADA have increased by more than 100% in the past month. The price has started to move due to high buying pressure and from a technical perspective,…
Tony Kim November 21, 2024 17:50 Japan’s cryptocurrency ecosystem has been grappling with money laundering and fraud despite its low exposure to global illicit entities. Authorities are stepping up efforts to address these issues. Japan’s cryptocurrency ecosystem is navigating a complex landscape of money laundering and fraud, despite Japan’s relatively low exposure to global illicit entities. According to a recent report by Chainalytic, Japanese cryptocurrency services primarily target domestic users, which helps limit interaction with international criminal networks. However, the country still faces serious challenges in tackling money laundering and fraud within its borders.…
There is a big difference in the net taker size when exchanging Bitcoin and Ethereum. Three factors could influence ETH to change to the right. Exchange activity between Bitcoin (BTC) and Ethereum (ETH) has been shown to have a significant impact on market behavior. For beginners, CryptoQuant’s Taker Buy/Sell Ratio provides insight into market sentiment by showing the ratio of buy orders to sell orders, an important indicator during a market rally or correction. At press time, both Bitcoin and Ethereum showed distinct patterns in the size of exchange net takers. Source: CryptoQuant Ethereum’s net takers have shown that the…
The UK plans to introduce integrated cryptocurrency regulation, including stablecoins, in early 2025. The new rules aim to simplify supervision and prevent restrictive staking classifications. The Labor government aims to compete with the EU’s MiCA regulations and the US’ cryptocurrency-friendly policies. The UK is set to introduce a comprehensive regulatory framework for cryptocurrencies, stablecoins and cryptocurrency staking services in early 2025, marking a significant shift in its approach to digital assets. The announcement was made by Tulip Siddiq, Minister of Finance and Economic Affairs, at City & Financial Global’s Tokenization Summit in London on November 21. Implementation of the regulations,…
Gary Gensler, the high-profile and often polarizing chairman of the U.S. Securities and Exchange Commission, has announced his resignation, effective the day President-elect Donald Trump takes office. Here’s the announcement for X: On January 20, 2025, I hereby resign as follows: @SECGov chair.Thread 🧵⬇️— Gary Gensler (@GaryGensler) November 21, 2024 Gensler’s decision is not entirely unexpected to those familiar with Washington’s political rhythms. Leadership changes in federal agencies often coincide with the emergence of a new administration, especially when there is an ideological shift. Let’s take a closer look at the situation. Gensler cracks down on cryptocurrency Gensler’s term was…
Top news of the week Solana ETF regulatory filings abound as Gensler sets departure date. Cboe BZX Exchange filed four 19b-4 filings on November 21 for asset managers to list the Solana cash exchange-traded fund (ETF). On the same day, U.S. Securities and Exchange Commission Chairman Gary Gensler announced that he would resign in January. If approved, the spot Solana ETF issued by Bitwise, VanEck, 21Shares and Canary Capital will be listed on the Cboe BZX Exchange. 19b-4s notifies the SEC of rule changes proposed by self-regulatory organizations, such as financial regulators or stock exchanges. This differs from the Form…
Key Takeaways US Bitcoin ETFs are expected to surpass gold ETFs in size by Christmas, with assets now reaching $107 billion. BlackRock’s iShares Bitcoin Trust remains a key player this week, accounting for 73% of net inflows to Bitcoin ETFs. Share this article The US Bitcoin ETF will soon overtake the gold ETF in size if it maintains its current accumulation rate. Bloomberg ETF analyst Eric Balchunas suggests these funds could outperform gold ETFs by Christmas.As of November 23, Bitcoin ETF assets in the U.S. reached $107 billion, accounting for about 86% of the total net assets of gold ETFs,…