Search results for Multicoin
Crypto
Multicoin Capital co-founder says Solana could overtake Ethereum in market cap this bull cycle
Kyle Samani, a co-founder of crypto venture capital firm Multicoin, said Solana could overtake Ethereum by market capitalisation in the current upswing. He said Solana leads in usability and functionality and more crypto companies will choose it over Ethereum. Samani questioned how many people use Ethereum and said its value capture is unclear. Recent gains were similar, while Solana led Ethereum in recent on-chain fee revenue.
Crypto
Grayscale, 21Shares urge U.S. SEC to speed ETF review, allow confidential draft filings
Crypto industry participants including Grayscale, 21Shares and Andreessen Horowitz (a16z) have urged the U.S. Securities and Exchange Commission to make reviews of new exchange-traded products faster and more predictable. Proposals include allowing confidential draft submissions, shortening regulators’ response deadlines and permitting staking structures for spot crypto products. Some firms cautioned that rushing registration could weaken consultation and market-making feedback, while others opposed making the entire registration process nonpublic.
Crypto
Zcash extends \'own bull market\' with chart target at $1,091
Privacy coin Zcash has risen 18 percent over the past three days, moving against a broader crypto market downturn. A cup-and-handle pattern on the ZEC/USD chart suggests further gains, with a potential rise to $1,091 in June or July if the pattern completes. The target overlaps a Fibonacci 1.618 extension. Privacy coins have outperformed the wider market over the past month, with Monero and Dash also rising.
