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houseofdefi.eth

@houseofdefi.eth

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Source: https://www.sellcell.com/smartphone-depreciation/
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The iPhone 15 series shows significant depreciation within a short period post-launch of latest #iPhone16. Curious about the resale value of the latest iPhones? Here’s a quick look at the depreciation rates for the iPhone 15 series:
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https://warpcast.com/houseofdefi.eth/0xe9ebb855
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5/ Solana has become a notable candidate, with VanEck and 21Shares each filing for Solana ETFs in the US. Given its market cap of $84.2 billion, making it the third largest crypto asset after Bitcoin and Ether, there’s a strong case for SOL being the next approved ETF.
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4/ Token holder distribution: Bitcoin and Ether are sufficiently distributed among a large set of token holders. However, Solana token distribution seems less distributed comparatively
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6/ However, Samara Cohen, BlackRock's chief investment officer for ETF and index investments, said while Bitcoin and Ethereum met the minimum expectations of the investment giant for ETFs, no other digital asset comes close, hinting that it might be a while till we see a $SOL ETF
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3/ Market Maturity: Solana’s market is still considered less mature as compared to Bitcoin and Ether, raising concerns about market manipulation and stability.
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2/ Lack of Futures Market: Unlike Bitcoin and Ether, Solana doesn’t have an existing futures market on the Chicago Mercantile Exchange (CME), which is a significant factor for the SEC when considering ETF approvals
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According to crypto experts, Solana might face several challenges in becoming the next ETF after BTC and ETH 1/ Regulatory concerns: The SEC has flagged Solana as a security in previous lawsuits which complicates the approval process, though many argue it was the same for ETH
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https://warpcast.com/houseofdefi.eth/0x35e85bf8
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The US government still holds $13.58 billion in Bitcoin, with the vast majority of this sum coming from various confiscations and seizures of crypto assets from nefarious actors. You can track the US Government at Arkham Intelligence dashboard here https://platform.arkhamintelligence.com/explorer/entity/usg
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Trump promised the US government would not sell any of its currently-held Bitcoin and declared that he would make the US the “crypto capital of the world”. In addition to Trump’s promise, Senator Cynthia Lummis announced the introduction of legislation to make Bitcoin a strategic reserve asset of the United States.
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The US government has transferred $2 billion worth of Bitcoin days after former President Donald Trump promised that the US would never sell any of its Bitcoin. https://mempool.space/tx/876d9ef6bb2bcd8a1e8a176212ad58764454ebb3c6db77334f8a7ad69e954d86
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https://warpcast.com/houseofdefi.eth/0xb99312d2
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Impact of the pro-crypto stance of Donald Trump and the Republican party: - Bitcoin is approaching the $70,000 mark, driven in part by former President Trump’s speech. All major cryptocurrencies are in the green. - At the #Bitcoin2024 conference, Donald Trump pledged to create a national Bitcoin stockpile, aiming to make the US the “crypto capital of the planet.” - Fourteen Democratic representatives are urging the DNC to adopt a pro-digital asset stance, recognizing crypto’s potential for innovation and economic growth
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gm fam! Did you know that BTC is only 5.7% away from reaching a new All-Time High (ATH), while ETH is 30.6% shy of achieving its own ATH?
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gm
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gm
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https://warpcast.com/houseofdefi.eth/0xd1963340
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The ETHBTC price has fallen to a two-month low of 0.04769. In the four days since ETH ETFs began trading, ETH’s price has mirrored BTC’s movement post-approval, with BTC consolidating for about two weeks back then
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