Author: CryptoHoppers

Key Takeaways:Canary Capital has filed an S-1 amendment with the U.S. SEC for its Spot Litecoin ETF, revealing the official ticker LTCC and a 0.95% annual sponsor fee.Bloomberg analysts say this update marks the “last step before go-time,” signaling near-term approval once the SEC resumes full operations.The move positions Litecoin (LTC) as the next major altcoin poised for institutional ETF access, following the success of Bitcoin and Ethereum spot products.The most recent regulatory filing by Canary Capital is an indicator of a conclusive move to introduce the first U.S. spot Litecoin ETF. Although the government shutdown has caused the SEC…

Today’s release of the FOMC minutes, with the Fed Chair Jerome Powell’s speech, may be the biggest short-term catalyst for crypto Crypto markets are holding their breath as the Federal Open Market Committee releases minutes from its latest meeting, with Chair Jerome Powell set to speak just hours later. The minutes, scheduled for 2:00 p.m. ET, will offer behind-the-scenes insights into the decision to deliver the first rate cut of the year. Markets will also look at Powell’s speech to gauge signals about the Fed’s outlook for potential further rate cuts. Ahead of the speech, crypto markets saw muted performance,…

Key Takeaways Sorare, a fantasy sports platform, is migrating its ecosystem to the Solana blockchain. The move aims to enhance transaction speed, composability, and interoperability for Sorare’s users. Share this article Sorare, a fantasy sports platform, today announced its migration to the Solana blockchain to enhance transaction speed and composability across its gaming ecosystem.The move positions Sorare among several projects that have recently migrated to Solana for its low-latency infrastructure and DeFi integration capabilities. Sorare said the transition will help reach more users, improve performance, and enable new partnerships and utilities across its gaming ecosystem.Solana has attracted multiple project migrations…

Chinese companies scooped up nearly $40 billion worth of advanced chipmaking equipment, exposing big holes in U.S. efforts to block their semiconductor progress. A bipartisan probe by the U.S. House Select Committee on China reported troubling findings. America’s restrictions don’t line up with what Japan and the Netherlands are doing. The result? Japanese and Dutch companies kept selling gear to Chinese buyers that U.S. firms couldn’t touch. Lawmakers want broader bans now. Instead of going after specific Chinese companies, they’re pushing for blanket restrictions on all of them, according to Reuters. Chinese buyers spent $38 billion on equipment from the…

TLDR: Grayscale’s Ethereum ETFs can now stake ETH, adding yield potential to traditional crypto investment vehicles. ETF liquidity rules may limit how much ETH gets staked since withdrawal queues can last up to 40 days. SharpLink stakes 100% of its ETH holdings, showing how corporate strategies differ from ETF requirements. Analysts see Ethereum’s staking expansion as a new phase for institutional yield exposure in crypto markets. Ethereum’s growing presence in traditional finance is now much stronger. Grayscale’s Ethereum ETFs have started staking ETH, marking a new stage for institutional exposure to crypto yield.  The move introduces staking rewards to a…

Key Takeaways Clearpool received $400,000 in XPL tokens from Plasma to boost PayFi, its credit infrastructure for stablecoin payments. Plasma is a blockchain network focused on improving stablecoin liquidity and facilitating global money movement through its native XPL token. Share this article Clearpool, a DeFi protocol focused on embedding credit infrastructure into stablecoin payments, secured $400,000 in XPL funding from Plasma, a blockchain network designed for stablecoin liquidity and global money movement.The funding uses XPL, the native token of the Plasma network used for incentives and ecosystem growth, to support Clearpool’s expansion of PayFi, a credit layer concept that provides…

Forget theory. Artificial intelligence is already on the ground floor of decentralized finance, overhauling everything from market-making bots and profit-seeking strategies to how we borrow money on the blockchain. We’re witnessing a pivotal moment where a new class of projects are using AI to make DeFi smarter, faster, and more intuitive. Let’s look at the teams who are actually shipping code and making a difference right now. Code and applications Lending in DeFi has always had a big catch – You have to put up more money than you borrow because nobody knows who you are. AI is starting to…

Key Takeaways ProCap BTC has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. Hensarling brings significant regulatory experience, valuable as ProCap BTC focuses on Bitcoin treasury operations. Share this article ProCap BTC, a Bitcoin treasury company with the ticker symbol $BRR, has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. The appointment brings regulatory expertise to the company’s Bitcoin treasury operations.The US House Financial Services Committee oversees banking, securities, and financial regulations, making Hensarling’s experience particularly relevant as Bitcoin treasury companies navigate evolving regulatory…

Key Takeaways How did Bitcoin make a new all-time high? Steady BTC demand and a wave of short liquidations spurred the leading crypto beyond $125k. What is the next bullish target? The immediate resistance level to keep an eye on is the $133.5k level, which could be a potential resistance zone. On the 5th of October, Bitcoin [BTC] set a new all-time high at $125,599, per data from CoinMarketCap. At the time of writing, BTC was trading at $125k and appeared likely to jump higher quickly. Source: BTC/USDT on TradingView The price chart showed that two key supply zones (red)…

Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal strength, and risk appetite has positioned BTC for another potential leg higher — signaling that the world’s largest cryptocurrency may be entering a new phase of institutional-led momentum.  Bitcoin price rises as Crypto Fear and Greed Index jumps Bitcoin (BTC) price continued its strong rally…