CoinShares wants a Solana ETF. Great. Additional opportunities for people to get familiar with crypto. Before you dive in, we’d like to discuss some of the more dangerous realities – ones the corporate press isn’t telling you. Sure, everyone wants more staking rewards— like, a lot— but that’s seeing the...
The cryptocurrency community has been abuzz ever since this latest development in the ongoing ETF saga hit the wires. With today’s announcement, CoinShares—the foremost firm in the world for digital asset investment—has joined the fray in earnest. Similar to Nasdaq and Cboe, they have filed a Form S-1 with the...
Naturally, everybody is clambering over each other about the apparently imminent Solana ETF. CoinShares has filed, analysts are (cautiously) optimistic and the price of SOL is, uh… doing whatever it’s doing. But before you pop the champagne, let's pump the brakes and ask the question nobody seems to be asking:...
Earlier this month, European digital asset manager CoinShares filed for a Solana exchange-traded fund (ETF). This news follows recent Form D filing with the U.S. Securities and Exchange Commission (SEC) posted Friday. Notably, CoinShares is raising the stakes by applying for a Solana ETF. With this move, they join a...
Anatoly Yakovenko, the genius behind Solana, recently denounced the prospect of altcoin projects holding Bitcoin as “so dumb.” On the surface, it appears to be a technical discussion of treasury management. Dig deeper, and you'll find a moral question screaming to be heard: Whose prosperity are we prioritizing?Coconuts or Community...
Anatoly Yakovenko, the founder of Solana, just recently took a scorched earth approach to altcoin projects that benefit from Bitcoin accumulation. He described these assets as “so dumb,” promoting in their place more exciting, but dangerous, assets such as U.S. Treasury bills. And honestly? He's got a point. As is...
Solana Labs co-founder and CEO, Anatoly Yakovenko has publicly derided the idea of altcoin projects holding BTC. Charles Hoskinson, the Cardano co-founder, suggested his foundation should trade 100 million ADA into Bitcoin and stable assets. This post is intended as a critique of that proposal. The ongoing discussions in the...
The crypto world is never short on drama, particularly when it comes to honest disagreements over fiscal policy. Recently, Solana's co-founder Anatoly Yakovenko stirred the pot by publicly criticizing Cardano's proposal to convert a significant portion of its ADA holdings into Bitcoin. His fiery rebuke knocked the concept down as...
The crypto market is a brutal and cruel mistress, one that is ever-changing and moving fast. At BlockOpulent.com, we don’t just report on these changes. We analyze and demystify them to bring you the straight dope. And the excitement for a probable “altcoin season” in 2025 is reaching a fever...
Solaxy is an innovative Layer 2 scaling solution for the Solana network. It has created a lot of buzz so far, already garnering more than 74,000 followers on X (formerly Twitter) even before its official launch. Despite this pessimism, the project has raised over $51 million in its ongoing presale,...
