Crypto Ethone

  Artrade, the first art   tokenization   marketplace on   Solana , has reached a significant milestone by digitizing an original Picasso artwork. With a market capitalization of $180 million and over 6,000 active users, the platform is transforming the art market with its ATR token. Artrade: A Marketplace Innovating Digital Art Artrade, the platform enabling artists to convert their physical creations into Real World Assets (RWA) on the Solana blockchain , has set a groundbreaking precedent by announcing the first tokenization of an original work by Pablo Picasso. Since its initial fundraising round of $7 million in 2021, Artrade has built a functional marketplace with more than  6,000 regular users, reaching a market capitalization of $180 million in January 2024 . Artrade’s technology is anchored in its REAL protocol and the use of NFC chips, which enable the seamless conversion of physical artworks into digital assets while ensuring fail-proof traceability b...

BlackRock’s iShares Bitcoin Trust (IBIT) ETF options, launched on Nov. 19, 2024, saw an unprecedented $1.9 billion in notional exposure on its first day of trading. BlackRock’s iShares Bitcoin Trust (IBIT) ETF options, launched on Nov. 19, 2024, saw an unprecedented $1.9 billion in notional exposure on its first day of trading. This record-breaking volume, spread across 354,000 contracts, marked a significant milestone in the cryptocurrency and ETF markets. According to Bloomberg’s ETF analysts, the figures were "unheard of for day one," especially when compared to the $363 million in notional exposure seen by the ProShares Bitcoin Strategy ETF (BITO) when it debuted four years ago. The bulk of the trades were call options—about 289,000—suggesting that most investors are betting on Bitcoin’s price rising further. Only 65,000 put options were traded, highlighting the market’s bullish sentiment. Bitcoin responded to the options launch with a sharp price increase, hitting an a...

  Solana (SOL) is trading just 6% below its all-time highs, fueled by a remarkable 16% surge from the $212 demand level.  The rally has caught the attention of traders and investors alike, as SOL’s price action showcases a strong uptrend.  Top crypto analyst Johnny shared his technical analysis on X, predicting that Solana may retrace to its previous yearly highs before launching a new attempt to break its all-time highs.  This forecast comes during a period of euphoria, with SOL delivering a stunning performance by soaring over 55% in less than two weeks.  The rapid climb has positioned Solana as one of the market’s standout assets, driven by increasing demand and strong fundamentals.  However, Johnny’s outlook suggests a healthy pullback could be on the horizon, potentially offering a key buying opportunity before SOL challenges its historic price levels.  With SOL’s recent performance reigniting optimism in the crypto space, all eyes remain on its ...

  The rate of Solana SOL/USD has increased by 5.43% over the last 24 hours. On the hourly chart, the price of SOL is rising after a breakout of the local resistance of $212.38.  If the growth continues and the daily bar closes far from that mark, there is a chance to see a test of the $230-$240 zone. On the biggest time frame, the rate of SOL keeps growing after yesterday's bullish closure.  In this case, traders should focus on the closure in terms of the $215.27 level.  If buyers can hold the gained initiative, the upward move is likely to continue to the $240 range. On the weekly chart, the price of SOL has accumulated enough energy for midterm growth.  In this regard, the rise may lead to a test of the $250 mark by the end of the month.  SOL is trading at $218 at press time.