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Quick Take Daily new addresses on Solana have reached an all-time high, according to The Block’s Data Dashboard. The increased network engagement could potentially see Sol reach a new all-time high, according to an analyst.
Quick Take Hop DAO completed an on-chain vote to sell 209,251 Arbitrum tokens, a move that will help it pay its moderators and finance its protocol’s operations, as well as research initiatives. The community is pawning off 25% of its ARB holdings to buy USD-Coin.
Bloomberg ETF analysts have dropped their chances of a spot Ethereum ETF approval in May to 30% from between 60-70%.Market making firm GSR still holds that approval is more likely than not — but is preparing to downgrade its chances of approval if there is no progress over the next month.
The GameFi market cap has outperformed the rest of the cryptocurrency sector in the past 24 hours.
Quick Take U.S. Presidential candidate Donald Trump told CNBC he has “fun” with crypto. Trump also said bitcoin is an “additional form of currency.”
Bitcoin miners remain the best equity proxy to bitcoin as the cryptocurrency heads toward $150,000, according to Bernstein analysts.Recent underperformance from public bitcoin miners represents the last window of opportunity before the halving, with mining stocks set to more than catch up with bitcoin’s price action, the analysts predicted.
- 20:25The NFT trading volume reached 161.47 million US dollars in the past seven days, a decrease of 9.3% from the previous period.Data from cryptoslam.io shows that the NFT trading volume reached $161.47 million in the past seven days, a decrease of 9.3% from the previous period. Ethereum NFTs dominated with $51.81 million, while Bitcoin came second with $44.48 million. However, sales of Ethereum-based NFTs fell by 22.27%, closely followed by Bitcoin NFTs which decreased by 26.07%. In contrast, Solana NFT rose against the trend by 6.79% to $25.88 million.
- 20:01Theory Ventures has completed a second round of fundraising with 450 million US dollars, focusing on data, AI and Web3 fieldsOn November 23, according to Businesswire, Theory Ventures announced the completion of a $450 million second round of fundraising. Since launching its first fund of $238 million in April 2023, this new fund will help support innovators. The company focuses on investing in ideas and pays attention to data, AI and Web3 fields. It mainly focuses on three key concepts: the decade of data, new AI platforms, and decentralized infrastructure databases. It has invested in multiple companies and opened a new office in San Francisco.
- 19:59FalconX Global Revenue Director: Regulatory clarity will pave the way for new ETFIn an article on X, Austin Reid, the global revenue director of cryptocurrency brokerage firm FalconX, stated: "The launch of the Solana ETF will be a significant milestone for the SOL ecosystem and also marks a major shift in the entire cryptocurrency industry. In addition to new single-asset funds, regulatory clarity will pave the way for actively managed products and new ETFs - both of which will unlock new institutional liquidity channels."
