Gemini (GEMI), the crypto exchange led by the billionaire Winklevoss twins, announced the launch of the Solana edition of its credit card on Oct. 20. Customers can earn up to 4% back in Solana rewards on purchases with the latest credit cards. Gas, EV charging, and rideshare: 4% Dining: 3% Groceries: 2% Other purchases: 1% Not only that, Gemini is also partnering with select merchants to offer up to 10% back on qualifying purchases for all Gemini Credit Card holders. Related: What is Crypto? Cryptoc ...

Oh hey New York, welcome to the party.Crypto staking is now live in NY. And still live in 45 other states too. https://t.co/IlD9SXBaWf ...

Group 1: Core Insights - Crypto staking is gaining mainstream traction, prompting asset managers to explore packaging staking rewards into regulated investment products like ETFs [1] - Solana is perceived to have an advantage over Ethereum (ETH) in crypto staking due to faster unstaking capabilities, which is crucial for ETF providers [1][3] - ETH staking faces challenges with slow withdrawals, particularly during busy network periods, impacting its suitability for investment products requiring quick access to funds [2][3] Group 2: Staking Mechanics - Staking involves locking up crypto to support the network and earn rewards, but it complicates quick access to funds, posing challenges for ETFs [3] - Solana's design allows for shorter unstaking periods and smoother withdrawal mechanics, potentially giving it a practical edge as staking ETFs develop [3] Group 3: Workarounds and Alternatives - Bitwise's ETH staking product in Europe utilizes a credit facility to maintain liquidity for investor redemptions, though this approach is costly and has limited scalability [4] - Liquid staking tokens, such as Lido's ETH, allow investors to remain liquid while still earning rewards from staked Ethereum [4] Group 4: Market Predictions - The prediction market indicates a 62% chance of ETH reaching $5,000 before dropping to $3,500, reflecting a significant increase in optimism from the previous week [5] - Conversely, there is only a 49.9% chance of Solana (SOL) reaching its previous peak of $295.11 by year-end, with a required 34% rally deemed unlikely due to ETF uncertainties and slower adoption [6]

Group 1: Market Trends and Outflows - US-listed spot Ether ETFs experienced five consecutive days of net outflows, totaling $795.8 million, with Ether prices dropping approximately -10% during this period [1] - Bitcoin products also faced significant outflows, with spot BTC ETFs recording $897.6 million in net outflows, and Bitcoin prices declining by -5.28% [3] - The recent outflows are interpreted as a sign of capitulation, indicating a softer risk appetite among smaller investors [2] Group 2: Institutional Activity and Staking - Ethereum's largest holders, referred to as mega whales, have resumed buying, with over 60 new addresses holding 10,000 ETH or more, a trend not seen since early 2021 [4] - The increase in large wallet holdings often correlates with accumulation phases that precede significant price movements, suggesting renewed institutional confidence [5] - Ether futures positioning has increased alongside spot buying, indicating that large players are building exposure across markets, which may attract retail investors later [5] Group 3: Future Outlook - The potential for US regulators to allow staking within Ether ETFs remains a critical factor for market sentiment and demand stabilization [2] - The current data suggests that deep-pocketed buyers view ETH as a core asset, especially with upcoming catalysts like broader staking use and ETF developments [6]

Cryptocurrency Staking - Crypto staking rewards are increasing [1] - Ethereum and other networks are gaining adoption [1] Altcoin Focus - The report inquires about which altcoins users are currently staking [1]

Investment Opportunities - Cloud mining provides passive crypto income opportunities with average APR of 5-10%, but riskier schemes promise 100-800% [1] - Crypto staking offers steadier passive income, with Ethereum at ~3% APY and Solana at 6-8% APY [1] - Liquid staking protocols offer higher returns, ranging from 10-12% APY [1] Risk Assessment - Cloud mining schemes carry risk, with some promising unrealistically high returns of 100-800% [1]

Regulatory Landscape - Crypto staking 可能在美国合法化 [1] Market Trends - 加密货币牛市可能即将爆发 [1] - SBI Holdings 申请 XRP/BTC ETF [1] Whale Activity - 巨鲸正在出售（和购买）大量的 ETH (Ethereum 以太坊) [1] Altcoins and Airdrops - MidnightNtwrk 重大空投更新 [1] - Litecoin (莱特币) VS 稳定币 [1]