CryptoBlog n.2371
💰 Canary Capital joins Solana ETF race amid rising investor demand Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. The fund, titled the Canary Solana ETF, is designed to “provide exposure to the price of Solana (‘SOL’) held by the Trust,” according to the S-1 registration statement. Canary Capital did not specify a custodian or administrator in the filing.
CryptoBlog n.2370
🇷🇺 Russia's Sweeping Crypto Mining Regulations Take Effect, Setting Strict New Rules On Nov. 1, the Russian government introduced a regulatory framework for cryptocurrency mining, marking the implementation of a law signed by President Vladimir Putin in August and published shortly before these rules took effect. The law formally defines mining as a legal activity in Russia, laying out security and operational requirements for miners and creating a structure for trading digital financial assets on specially approved platforms.
CryptoBlog n.2369
💰 Bitcoin exchange reserves drop to multi-year low amid rising institutional demand: CryptoQuant Bitcoin exchange reserves have reached their lowest levels ever recorded by CryptoQuant data dating back to October 2021. According to the data, more than 51,000 bitcoin have been withdrawn from major cryptocurrency exchanges over the past month. This trend is reducing the liquid supply of bitcoin and suggests that investors are withdrawing their coins as part of a long-term holding strategy.
CryptoBlog n.2368
🪙 Vitalik Buterin calls staking centralization 'one of the biggest risks' to Ethereum in 'Scourge' outline Ethereum co-founder Vitalik Buterin continued his recent series of blog posts addressing Ethereum's future in a new post which outlines possible approaches the blockchain's community can take to mitigate proof-of-stake centralization risks as part of the planned "Scourge" upgrade.