First Mover Americas: Optimism’s OP and Solana Rally
The latest price moves in crypto markets in context for Dec. 22, 2023.
Financial
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally
Value locked on Solana applications grew in tandem, rising to $1.3 billion worth of tokens from the $400 million mark in November to reach levels previously seen in July 2022.
Coinbase Approved as Virtual Asset Services Provider in France
The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while arguing with the Securities and Exchange Commission for bespoke rules in the U.S.
Crypto for Advisors: The 2024 Year Ahead
Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024.
Ethereum Developers Target January for First Testnet Deployment of Next Big Upgrade, ‘Dencun’
Developers also penciled in the end of February as a soft target for the upgrade to hit the main Ethereum blockchain.
Stablecoin Issuer Circle Conditionally Registered for Digital Asset Services in France
France has been encouraging crypto companies to set up shop within its borders and take advantage of the clearer industry regulation than in the U.S.
Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto
The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won’t begin for a few months at least.
First Mover Americas: This Year’s Top Performers and What Comes Next
The latest price moves in crypto markets in context for Dec. 21, 2023.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood’s investment firm also sold GBTC stock while increasing its holdings of Block.