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Standard Chartered’s Geoff Kendrick says solana’s price could potentially surge fivefold by the end of 2025 if Donald Trump wins the U.S. presidential election.In the case of a Kamala Harris win, Kendrick expects bitcoin to outperform ether, which, in turn, would outperform solana.
The SCR token, set to hit the Binance Launchpad in the coming weeks, will serve as “a primary governance mechanism” for the protocol and help decentralize its prover and sequencing systems.Scroll’s airdrop screenshot, or the last eligible date to use the protocol to receive a share of SCR tokens, will occur on Oct. 19.
Telegram-based game Notcoin and the memecoin project Dogs Community announced they will collectively burn $4 million of NOT and DOGS tokens.At current prices, it appears about 85% of the $4 million will come from burning DOGS tokens.
Share link:In this post: Bloomberg’s Eric Balchunas upset the Ethereum community by sharing a now-deleted post suggesting that the network could be easily shut down by disabling AWS servers. Ethereum advocates, including Anthony Sassano, slammed the claims as “misinformation” and accused Balchunas of misunderstanding how decentralized networks work. Despite 28.4% of Ethereum nodes being hosted on AWS, the network’s decentralized structure means it wouldn’t collapse even if those nodes went offline.
- 15:37Analyst: Investors Shouldn't Be Overly Optimistic About Goldman Sachs' ETF Positions, Which Are Only for Arbitrage Trading and HedgingGoldman Sachs generated a lot of buzz on crypto Twitter when it revealed in its 13F filing that it holds a small stake in a spot Bitcoin ETF, but the truth is not what one would expect, according to CoinDesk Senior Analyst James Van Straten. For starters, these ETFs aren't exactly Goldman's trading floor bets on the price of bitcoin ( BTC ). They are almost certainly held by the bank's asset management arm, Goldman Sachs Asset Management, for its clients. Second, while the document (a snapshot of ownership as of 31 December 2024) shows a $288 million stake in the Fidelity Bitcoin ETF (FBTC) and a $1.3 billion stake in the BlackRock Bitcoin ETF (IBIT), it also shows put positions (and a small number of call positions) with a notional value of more than $600 million. This Goldman Sachs position, similar to many other banks and hedge funds, is not a net long position,’ James said. It is a strategy that mirrors the underlying trade, also known as a cash and carry trade, balancing the potential profit and risk of fluctuations in the price of Bitcoin. the ETF recently received options approval, so this is likely a directional hedge.’
- 15:36In the past one hour the whole network burst $71.21 million, the main explosion of multiple ordersOn 12 February, according to the data, in the past 1 hour, the whole network burst 71.21 million dollars, of which 60.5 million dollars of long positions, short positions of 10.7 million dollars.
- 15:32Traders reduce bets on Fed rate cuts as inflation beats expectations across the boardOn 12 February, after the release of inflation data, traders now expect the Federal Reserve to reduce policy easing.