Grayscale's filing deadline expires on January 23, while the remaining four applicants expect a preliminary decision by January 25, which is 45 days after the November 2024 filing deadline. Despite high demand for the Solana ETF, no approvals have been received so far, meaning there will be no such product in 2024. Nate Geraci, president of

ETF Store, expressed #optimism about the timing. Many industry insiders believe that a possible change in the U. S. administration and SEC leadership could create a more favorable regulatory environment for #cryptocurrency ETFs.
Polymarkets suggested that there is a 77% chance that the #Solana #ETF will be approved in 2025, fueling crypto investors' optimism. Investor optimism is fueled by the fact that the Solana ETF will be approved in 2025. Many believe that the approval of Solana ETF could be an important price catalyst, with some arguing that this possibility has not yet been fully factored into current market prices.
Notably, the U. S. Securities and Exchange Commission (SEC) announced that Bitwise, Canary Capital, 21 shares, and other prominent companies have yet to announce a formal withdrawal of 19b-4 filings. Market participants are optimistic that the regulatory environment will become more favorable as the current SEC chairman's term comes to an end.
How far will SOL prices go in 2025?
Crypto analyst Henrik Seberg in his recent analysis of the fifth largest cryptocurrency by market capitalization, Solana (
Optimistic outlook for SOL According to Seberg, Solana is in a state of triage after reaching an all-time high last month. Such phases are normal for major market tops, when the asset is gearing up for the next upswing;
Seberg said that this consolidation is a healthy and necessary process for Solana. It will give the cryptocurrency the strength it needs for further growth. He believes that the timing of the consolidation is a harbinger that Solana will continue its upward trajectory.
According to Glassnode, Solana investors are showing strong conviction: the proportion of long-term holders investing in the network is growing.
#Solana Investors are standing firmly on their feet, expecting prices to rise.

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Wall Street expects the S&P;P 500 will remain strong in 2025 - Tokenist

After an excellent performance in 2024, Wall Street analysts expect the S&P 500 to continue its strong growth in 2025, but the forecasts of major financial institutions expect the benchmark index, which has posted two consecutive years of double-digit returns, to continue to grow, albeit at a slower pace -
analysts agree that the S&P 500 index will reach 6,679 by the end of 2025, about 10% above current levels. percent higher. This forecast is roughly in line with the average annualized return of 10.23% since the index's inception in 1957.
Goldman Sachs sets a conservative target of 6,500 (which would mean a 9% increase in stock price plus dividends), while Deutsche Bank and Yardeni Research take a more bullish view. Line_Break Two-thirds of financial advisers surveyed expect the index to rise 10%, but many investors warn of potential market volatility. This #optimism comes after the S&P 500 Index significantly beat initial forecasts for 2024 and more than 15% above the consensus forecast of 5,132 at the end of 2023. The index has risen more than 20 percent for two consecutive years, the first time this has happened since the 1990s.
The positive outlook for 2025 is driven by several key economic factors. Corporate earnings are expected to grow by 11% in 2025 and 7% in 2026, with 5% earnings growth in line with nominal GDP projections. Economists expect real GDP growth of 2.5% and inflation to fall to 2.4%, creating favorable conditions for market expansion.
In 2025, market dynamics are expected to change, with analysts forecasting a shift from mega-corporation leadership to greater market participation. Analysts forecast a shift from mega-corporation leadership to increased market participation.

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A high-ranking cryptocurrency strategist believes bitcoin (BTC) is poised to witness a third parabolic jump in this cycle.

In a new video, analyst Kevin Swenson told 78,700 YouTube subscribers that #bitcoin appears to be repeating the price movements of 2017, when #BTC experienced three parabolic markets before the bull market ended.
There were several phases of parabolic trending in 2017: short-term parabolic trends transitioned into larger trends, and then back into larger trends. Finally, there was a major vertical breakout.
Now, in 2024, we are in the same position. There's no reason why we shouldn't be in that position. We just need to regain a sense of #optimism and build momentum.
Swenson says technical indicators suggest that BTC's momentum is starting to shift to the bulls. Looking at the Bitcoin Relative Strength Index (RSI), an indicator of momentum, Swenson says the indicator has found support at the level where BTC began its second parabolic phase of this cycle.
In other words, this could be a continuation of the trend. Swenson also says that the divergence in bitcoin's trend indicator, the moving average convergence (MACD), suggests that the BTC bulls are regaining control of the market. If this is true, then when the weekly MACD histogram reverses, prices usually rise at a phenomenal rate.
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#DigitalCurrency #BlockchainFuture

In this post. Economist Peter Schiff expressed pessimism about the duration of the global economic boom after Trump won the presidential election.

According to the economist, the boom was driven by consumer #optimism fueled by misplaced confidence in the president-elect.
U. S. stock indexes and #digital assets reached all-time highs and the U. S. dollar reached its highest level in almost a decade.
Peter Schiff believes that Trump's economic boom is gradually gaining momentum. The economist added that consumer optimism will not last long, as the current economic problems will worsen.
economist Peter Schiff expressed concern about Trump's current economic boom. The economist's comments sparked a discussion on website X, with more people voicing their opinions on the possible consequences of the economic boom.
Peter Schiff said that consumer optimism about the economy has been gradually increasing since Trump's victory. He added that while the booming economy is likely to continue for some time, it will not solve the problems that voters expected Trump to solve.
Consumer optimism is growing and will continue to grow for some time, as false confidence in the boom caused by Trump continues to spread. However, the good mood won't last long as all the economic problems that voters hoped Trump would solve have worsened.
After Trump was re-elected president of the United States, U. S. stocks hit new highs and the dollar rose against other international currencies.
According to CoinMarketCap, #bitcoin also hit an all-time high a few days after the president-elect's victory. During the campaign, Trump announced his intention to prioritize digital assets, fueling current consumer optimism.
During the campaign, Trump also promised to make the U. S. a global bitcoin superpower.
Among his promises is the removal of U. S. Securities and Exchange Commission Chairman Gary Gensler, who led various crackdowns on digital asset companies during the Biden administration.

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#CryptoTrends #TokenEconomy

Binance cryptocurrency exchange has announced full support for network upgrades and hard forks of these altcoin networks.

Binance, one of the world’s leading cryptocurrency exchanges, has announced support for the upcoming Optimism (OP) and Arbitrum (ARB) network upgrades and hard forks to provide the best user experience. #ARB， #optimism #BTC #WLD #ORDI
Binance announces support for Optimism and Quorum network upgrades and hard forks
The Optimistic (OP) network upgrade and hard fork is scheduled to take place around 03:00 on March 14, 2024, with a block height of 1,710,374,401.

To facilitate a smooth transition, Binance will temporarily suspend token deposits and withdrawals on the Optimistic (OP) network starting at 02:00 on March 13, 2024.

Richard Byworth, managing partner of SyzCapital, has sparked rumors that bitcoin ETFs listed in Hong Kong will soon be available to mainland Chinese investors. Byworth's statements on X (formerly Twitter) indicate ongoing discussions about the possibility of integrating these ETFs into Stock Connect. Such integration could pave the way for large-scale inflows from mainland China into these digital asset funds.

Byworth argues that We are talking about the possibility of adding ETFs to the Stock Connect system. The implications of that are huge (meaning mainland funds will actually be able to buy them). " This statement followed a dialog started by Samson Mou, who commented on the remarkable early results of #bitcoin fund ChinaAMC, which raised $121 million on its first day of trading.
Will the Hong Kong bitcoin-ETF be open to mainland China?
Mou's statement that the Hong Kong bitcoin #ETF will be open to mainland China reflects his #optimism about the future of bitcoin ETFs in Hong Kong. Brian Hoon-Jong Paik, co-founder and COO of SmashFi, gave his opinion on the financial and socio-economic motivations that could spark mainland China's interest in the Hong Kong bitcoin ETF. He gave his opinion on the financial and socio-economic motivations behind mainland China's interest in the bitcoin ETF.
He highlighted that a huge portion of China's wealth is locked up in real estate, with about 100 million homes lying empty, indicating an urgent need for alternative investment opportunities to stabilize the socio-economic landscape. It is only a matter of time. The CCP needs alternative assets to mitigate social unrest," Baek said.
Paik also noted that there is a widespread misconception that mainland Chinese investors cannot currently invest in ETFs that can be purchased on the Hong Kong Stock Exchange. He explained that several existing financial vehicles already facilitate the active flow of mainland Chinese capital into the Hong Kong market.
Prominent examples are the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which allow investors to trade stocks across the border, albeit with restrictions on daily trading quota.

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