Solana

Bitcoin ETF

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The upcoming Bitcoin halving may trigger a bull run, depending on the approval of a spot Bitcoin ETF. Solana may benefit from this decision. However, analysts expect Pushd (<a target="_blank" href="https://pushd.store/" rel="noopener noreferrer nofollow">PUSHD</a>) to outperform them, especially if a Bitcoin ETF is approved.
<h2 class="wp-block-heading" id="strong-bitcoin-rises-as-etf-speculations-reach-fever-pitch-strong">Bitcoin rises as ETF speculations reach fever pitch</h2>
When writing, Bitcoin is up 6% to around $47,000, fueled by speculation that regulators could soon approve a spot Bitcoin ETF.&nbsp;
Former SEC Chair Jay Clayton stated there is little reason to reject such an ETF.&nbsp;
You might also like: <a href="https://crypto.news/fidelity-cuts-proposed-spot-bitcoin-etf-fee-to-0-25-amid-industry-fee-competition/" rel="noopener noreferrer nofollow"> Fidelity cuts proposed spot Bitcoin ETF fee to 0.25% amid industry fee competition </a>
Rumors suggest the odds of approval are over 90%.&nbsp;
If a Bitcoin spot ETF is approved, it could channel more funds to the sphere, lifting altcoins.
<h2 class="wp-block-heading" id="strong-solana-is-bullish-strong">Solana is bullish</h2>
Solana was one of the top-performing cryptocurrencies in 2023.
Despite a 20% dip in early 2024, SOL has rebounded 12% over the last 24 hours. Gains are fueled by speculation around a spot Bitcoin ETF approval and growing on-chain activity.&nbsp;
Statistics show that the total value locked (TVL) by <a href="https://crypto.news/solana-ecosystem-sees-surge-in-developer-retention-and-global-growth/" data-type="post" data-id="14236138" rel="noopener noreferrer nofollow">Solana</a> defi protocols stands at $1.4 billion, the highest since August 2022.&nbsp;
This signals rising usage and development, which could support further SOL prices.
<h2 class="wp-block-heading" id="strong-pushd-may-rally-in-2024-strong">Pushd may rally in 2024</h2>
<a target="_blank" href="https://pushd.store/" rel="noopener noreferrer nofollow">Pushd</a>&nbsp;is a new decentralized online marketplace.
The project has already attracted over 10,000 registrants in over a week. Pushd prices might rally from the current presale price of $0.048.
You might also like: <a href="https://crypto.news/investors-exploring-pushd-presale-chainlink-and-litecoin-drop/" rel="noopener noreferrer nofollow"> Investors exploring Pushd presale; Chainlink and Litecoin drop </a>
Pushd aims to combine the ease of use and functionality of traditional online marketplaces like Amazon with the security and benefits of decentralized technology.&nbsp;
The platform will not have heavy-handed marketplace policies, excessive know-your-client (KYC) processes, or high listing and transaction fees.
In addition,&nbsp;<a target="_blank" href="https://pushd.store/" rel="noopener noreferrer nofollow">Pushd</a>&nbsp;token holders will earn a portion of the platform’s revenues from transaction fees, expanding income-earning streams.
For what Pushd offers, the presale is gaining momentum, with experts projecting more growth in the future.
Read more: <a href="https://crypto.news/dogecoin-millionaire-who-backed-pepe-endorses-pushd/" rel="noopener noreferrer nofollow"> Dogecoin millionaire who backed PEPE endorses Pushd </a>
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Bitcoin ETF speculations reach fever pitch, Solana falls as Pushd gains in presale

Table of Contents

crypto.news

Other articles published on Jan 10, 2024

Cardano Price Prediction: Can ADA’s Breakthrough Signal Propel It Beyond $0.93?

Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst

Get Ready for the Ultimate Ride! Unveiling the Hottest Altcoins Ready to Skyrocket!

Phoenix Group Invests $187M in Major Bitcoin Mining Expansion

Impact of SEC’s Bitcoin ETF Approval on Cryptocurrency Market

Sei (SEI) Faces Bitcoin's Volatility, Arbitrum (ARB) Leaps Ahead – Who Wins Post-ETF Announcement?

Join our free newsletter for daily crypto updates!