Unpacking Solana’s surge in the shadow of Bitcoin rally
The significant growth in TVL, driven largely by Marinade Finance, highlights Solana's potential, but also raises questions about its reliance on a few major protocols.
Happy Wednesday!
The global crypto market cap is $1.28 trillion, with a 24-hour volume of $41.78 billion. The price of Bitcoin is $34,497.76, and BTC market dominance is 52.8%. The price of Ethereum is $1,799.18, and ETH market dominance is 17.0%. The best-performing sector is Communication, which gained 16%. The Crypto Fear & Greed Index is currently Greed (66).
Top News
Unpacking Solana’s surge in the shadow of Bitcoin rally
The significant growth in TVL, driven largely by Marinade Finance, highlights Solana's potential, but also raises questions about its reliance on a few major protocols.
Join us at Newconomics 2023, Nov. 14-15, in Lisbon
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Grayscale’s GBTC paradox: Performance at a discount
Persistent discount on Grayscale Bitcoin Trust could suggest growing market desire for a U.S. spot Bitcoin ETF.
Bernstein anticipates $150k Bitcoin by 2025
Bernstein noted that Bitcoin prices have historically risen in sync with halvings and expects the flagship crypto to hit a high of $150,000 by 2025.
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SBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its case
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Microsoft, Siemens announce AI copilot for industrial automation
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Sam Bankman-Fried claims to have overlooked $8B ‘bug’ in last day of testimony
Sam Bankman-Fried took the stand one last time during his criminal fraud trial in New York to deny wrongdoing.
SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says
The accountability office said the securities agency failed to submit necessary reports.
Invesco and Galaxy spot Bitcoin ETF ticker seen on DTCC list
DTCC said an appearance on its website does not guarantee an SEC approval.