Author: CryptoHoppers
Key NotesSolana’s staking ratio rose to 67.3% with 6.3% APY returns, creating supply tightness despite price weakness.Bitwise leads active Solana ETFs with $388.1M in holdings while all issuers benefit from SEC-approved staking rewards.Technical indicators show SOL near oversold levels with support at $124 and resistance at the $146.39 mid-band region. Solana SOL $132.0 24h volatility: 5.9% Market cap: $73.15 B Vol. 24h: $5.48 B price declined 4% to $134 on Nov. 19, pressured by broader market turbulence. The retracement came as asset manager 21Shares launched its SOL ETF (TSOL) on the CBOE during the morning session, joining Fidelity, Grayscale, Bitwise,…
Bitcoin slips below key cost-basis levels amid declining ETF demand and weak spot activity
Key Takeaways Bitcoin fell below key cost-basis levels, signaling potential market weakness. ETF products are seeing outflows, removing a significant source of demand for Bitcoin. Share this article Bitcoin fell below critical cost-basis levels today as the digital asset faces pressure from declining ETF demand and weakened spot market activity.Bitcoin ETFs, investment vehicles that provide exposure to Bitcoin’s price through regulated spot products, are experiencing steady outflows that have removed a key source of market demand.The combination of weak spot demand and ongoing ETF outflows has contributed to Bitcoin breaching important cost-basis thresholds that traders use to gauge market health.Derivatives…
TLDR: Senate plans markups next month as committees finalize crypto market structure revisions. New bipartisan drafts reshape CFTC and SEC oversight across digital asset rules. The merged bill heads to a Senate vote before returning to the House for approval. Shutdown delays pushed the CLARITY Act timeline into early 2026, per reporting. The crypto market structure debate picked up speed after new details emerged from Capitol Hill. Senator Tim Scott outlined a fresh timeline that places committee action on the bill next month. His update confirmed that the Senate aims to move its version to the floor early next year.…
Ethereum Foundation reveals latest work on ‘Interop Layer’ to make L2 ecosystem ‘feel like one chain’
Ethereum Foundation researchers are working on a new way to make Ethereum’s diverse Layer 2 ecosystem “feel like one chain.”On Tuesday, coinciding with the Devconnect conference in Argentina, the EF’s Account Abstraction team published a blog post outlining new details for the upcoming Ethereum Interop Layer, first floated in August.”What if all the L2s felt like a single, unified Ethereum? No bridges to think about, no chain names to recognize, no fragmented balances or assets,” foundation research Yoav Weiss wrote. “That’s the vision of the Ethereum Interop Layer (EIL): making Ethereum feel like one chain again — while preserving the…
6 best crypto tax software 2025
Forecast and calculate your crypto taxes quickly with the best software for crypto taxes. This roundup features the most user-friendly crypto tax tools, from simple calculators to advanced platforms for analyzing your transactions. 5 reasons you need a crypto tax tracker The US, UK, EU, and Canada are tightening reporting rules, so staying compliant is getting harder. Crypto tax calculators save huge amounts of time by importing your data automatically. Accuracy and transparency protect you from compliance issues and audits. If you move assets across borders, you’ll want a tracker with strong international coverage. Crypto taxes in different countries United…
Sonnet delays vote on Hyperliquid merger to launch $1B HYPE-focused treasury firm
Key Takeaways Sonnet BioTherapeutics has adjourned its special meeting to allow more time to secure shareholder votes for its proposed merger with Hyperliquid Strategies and Rorschach I LLC. While over 95% of votes cast favor the deal, the company has not yet reached the required majority of all outstanding shares. Share this article Sonnet BioTherapeutics has adjourned its special shareholder meeting on the proposed merger to form a $1 billion crypto treasury firm focused on Hyperliquid’s native token, HYPE.The postponed business combination would merge Sonnet with Hyperliquid Strategies Inc. and Rorschach I LLC, creating a new digital asset treasury company…
TLDR: Top DATs capture the majority of market share; smaller tokens struggle to sustain value. Growth driver decomposition separates fundamental growth from market sentiment for clarity. DAT flywheel works when capital is raised cautiously and per-share value is defended. Transparent issuance and treasury behavior determine long-term DAT sustainability. The rise of digital asset tokens (DATs) has drawn mainstream attention in 2025, with market capitalization among tracked tokens reaching $117 billion. Investors have often focused narrowly on mNAV, overlooking deeper drivers of value. Pantera Research Lab aims to shift this perspective with its new DAT Dashboard. The tool provides structured insights…
Key Takeaways Figment and OpenTrade launched a stablecoin yield product offering 15% APR on stablecoins, with Crypto.com serving as custodian. Yield is generated by staking Solana (SOL) and using perpetual SOL futures, delivering returns more than double traditional SOL staking. Share this article A new stablecoin yield product from Figment and OpenTrade seeks to deliver 15% APR by combining staking rewards with hedging strategies.According to a Monday announcement, leading staking provider Figment has teamed up with OpenTrade, a lending and yield infrastructure solution backed by a16z Crypto and Circle, to roll out OpenTrade Stablecoin Staking Yield Powered by Figment, with…
TLDR Michael Selig will face a Senate hearing for his nomination as the new CFTC chair. President Trump withdrew Brian Quintenz’s nomination for CFTC chair earlier this year. The Senate Agriculture Committee has scheduled Selig’s nomination hearing for November 19. Acting CFTC Chair Caroline Pham has announced plans to leave after a new chair is confirmed. The CFTC is facing regulatory changes, particularly regarding digital asset regulations. Michael Selig, currently chief counsel for the crypto task force at the US Securities and Exchange Commission (SEC), will face a Senate hearing next week. The hearing will address his nomination as the…
Arthur Hayes moves $2.5M in ETH and tokens to market makers: Is he buying ZEC?
BitMEX co-founder Arthur Hayes transferred $2.5 million worth of Ethereum and ecosystem tokens to institutional market makers including Flowdesk, FalconX, and Wintermute. Blockchain analyst EmberCN reported the moves and questioned whether Hayes is selling assets to add to his Zcash position. Hayes has been vocal about his ZEC (ZEC) holdings during the recent privacy coin rally. On November 15, he posted, “This chart is just so strong I aped more. $ZEC” on X and suggested that he increased his position after the token’s 700% surge since October. X post by analyst EmberCN Arthur Hayes transfers ETH and ecosystem tokens worth…