Solana ETFs See 4th Day of Inflows as Bitcoin, Ether Lag

Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana…

Bitcoin Enters Biggest Month of Gains After Red October

Bitcoin has stepped into its historically most significant month for gains — November — with an average increase of 42.51% since 2013 — meaning Bitcoin could surpass $160,000 this month if history rhymes.  However, a crypto analyst noted that several macroeconomic factors are also at play.  “I do think seasonal charts matter a lot, but…

MEV Killing Institutional DeFi Adoption, Hurting Retail Users: Crypto Exec

Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of DEX Labs, the lead contributor to decentralized crypto derivatives exchange DerivaDEX. All electronically-traded markets suffer from maximal extractable…

Long-Term Ethereum Holders on the Move As ICO Wallets Reawaken

Long-term Ether holders have become increasingly active in the second half of the year as Ether toyed with its all-time highs, with more “ICO-era” holders “awakening” after years of dormancy.  September saw two of the most significant spikes in long-term holder activity since the year’s peak in July, as measured by Santiment’s analytics platform Sanbase’s…

Malaysia’s BNM Unveils 3-Year Asset Tokenization Plan

Bank Negara Malaysia (BNM), the country’s central bank, has unveiled a three-year roadmap to explore and test asset tokenization across the financial sector. Under the initiative, BNM will launch proof-of-concept (POC) projects and live pilots through its Digital Asset Innovation Hub (DAIH), established earlier this year, the central bank announced on Friday. A key part…

SOL Pinned Below $200 Even As ETF Volumes Spike

Key points:  SOL remains pinned below $200 even as Solana ETF daily trading volumes impressed analysts.  Analysts say SOL price action could mirror ETH’s lagging performance after the Ethereum spot ETFs launched.  Traders and analysts were highly bullish on SOL (SOL) throughout September, citing the US Securities and Exchange Commission’s Oct. 10 deadline for a…

Malaysia’s BNM Unveils 3-Year Asset Tokenization Plan

Bank Negara Malaysia (BNM), the country’s central bank, has unveiled a three-year roadmap to explore and test asset tokenization across the financial sector. Under the initiative, BNM will launch proof-of-concept (POC) projects and live pilots through its Digital Asset Innovation Hub (DAIH), established earlier this year, the central bank announced on Friday. A key part…

Solana ETFs See 4th Day of Inflows as Bitcoin, Ether Lag

Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana…

Elon Musk on Messaging Platform X Chat’s Features and Bitcoin-Like P2P Encryption

Tesla and Space X CEO Elon Musk says X will ship a standalone “X Chat” in the coming months while keeping Chat embedded in X, adding that its peer-to-peer encryption approach is “similar to Bitcoin” and that the system avoids advertising hooks. Speaking on Friday’s “Joe Rogan Experience,” Musk said X has “rebuilt the entire…

Crypto Sleeps While AI Builds The Richest Data Set Monopolies

Opinion by: Ram Kumar, core contributor at OpenLedger The crypto industry spent a decade evangelizing decentralization. At the same time, AI companies assembled the most valuable monopolies since Standard Oil, and they’re data monopolies that make protocol dominance look trivial by comparison. The AI industry is expected to generate over $300 billion in revenue by…