Global #crypto community

In a recent Kitco News interview, James Seyffart, a Bloomberg Intelligence ETF Research Analyst, discussed the prospects of a Solana spot ETF in light of the recent approvals for Bitcoin and Ethereum spot ETFs. Seyffart expressed doubts about the likelihood of Solana receiving similar approval soon.

In a significant victory for the cryptocurrency community, Norwegian authorities have successfully recovered and returned a portion of the funds stolen in the infamous Ronin Bridge hack. The hack, which occurred in March 2022, resulted in the theft of over $600 million worth of cryptocurrency, making it the largest decentralized finance (DeFi) hack in history.

Dogecoin (DOGE), the meme-inspired cryptocurrency, has experienced a notable increase in whale activity recently, leading to a significant uptick in trading volume. This surge in large holders' involvement, commonly referred to as whales, has drawn attention within the crypto community and prompted speculation regarding DOGE's future price movement.

In his latest essay titled "Group of Fools," Arthur Hayes, co-founder of BitMEX, provides a critical analysis of recent macroeconomic events and their potential impact on the cryptocurrency market. Known for his direct style, Hayes combines technical analysis, criticism of central banking practices, and insights into currency markets to make the case for a resurgence of bullish sentiment in Bitcoin and crypto.

Vitalik Buterin, co-creator of Ethereum, expressed discontent with the recent surge of celebrity memecoin releases, stating that projects should focus on bringing value to society.

Cryptocurrency trading platform HTX, previously known as Huobi, has surpassed the U.S.-based exchange Coinbase in spot trading volumes.