Author: CryptoHoppers

TLDR: Grayscale submitted an amended S-1/A for its Solana Trust (GSOL) to the SEC after market close. The updated filing lists a 0.35% management fee, higher than Bitwise’s 0.2% from the prior day. The amendment signals accelerating progress in the race to launch a Solana ETF. Market watchers see a tightening competition between Grayscale and Bitwise for Solana exposure. The Solana ETF race is heating up. Grayscale has filed a fresh amendment for its Solana Trust (GSOL) with the U.S. Securities and Exchange Commission (SEC), setting its management fee at 0.35%.  The update came after market close, adding another move…

Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to occur.  Bitcoin Price Has Likely Turned $100,000 Into Support PlanB stated in an X post that he will not be surprised if the Bitcoin price does not drop below $100,000 again as the market witnesses the $100,000 resistance turn into $100,000 support. The analyst further noted that the September close was the fifth consecutive monthly close above that psychological…

Key Takeaways What’s driving Ondo Finance’s rapid growth in the RWA sector?  Ondo’s tokenization of U.S. Treasury Bonds, ETFs, and stocks has fueled institutional adoption and global market expansion. What is the long-term price outlook for ONDO based on current growth trends?  If RWA adoption accelerates to 100% annually, ONDO could reach $10 by 2028; otherwise, it may hit that mark by 2035. Tokenization of Real World Assets (RWAs) has become one of the most promising growth areas in the blockchain space.  As Traditional Finance (TradFi) continues to merge with blockchain technology, the market for tokenized assets is set to…

Key Takeaways Bitcoin dropped below $120K, sparking $120M in total liquidations led by BTC, ETH, and SOL. Analysts describe the pullback as a healthy correction before potential continuation of the uptrend. Share this article Bitcoin pulled back to the $120,000 level today, triggering over $120 million in liquidations across major crypto assets within the past hour.Roughly $100 million came from long positions and $20 million from shorts, with Bitcoin leading the liquidations at $67 million. Ethereum and Solana followed with $19 million and $14 million respectively.Analysts view the recent declines as a necessary correction to cool off speculative excess and…

TLDR: PayPay takes a 40 % equity stake in Binance Japan to merge crypto access with payment infrastructure. Binance Japan users will soon buy crypto with PayPay Money and withdraw proceeds to PayPay accounts. The alliance links PayPay’s 70M-user payment platform with Binance’s blockchain knowhow. This move follows Binance’s regulated reentry in Japan and targets Web3 adoption via payments. A major shift is underway in Japan’s crypto and payments sectors. PayPay, SoftBank’s flagship payments app, now owns 40 % of Binance Japan. In effect, users may soon use PayPay Money to buy crypto and withdraw gains directly into the PayPay…

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…