IREN Co-Founders Secure Significant Profit Amid Growth

PANews reported on November 13th that, according to The Block, the number of active addresses on Solana has dropped to 3.3 million, a new low in 12 months, representing a significant decline compared to the network's peak of over 9 million active addresses in January of this year. In late 2024, as Solana established itself as the dominant chain for Meme coin issuance and trading, its active address count surged. Throughout 2025, as enthusiasm for Meme coin gradually waned from its peak, the number of active addresses also gradually declined.

PANews reported on November 13th that Boston Fed President Collins, a voting member of the FOMC this year, said on Wednesday that she believes the threshold for further interest rate cuts in the near term is "relatively high" due to concerns about persistently high inflation. Collins voted for a rate cut last month. "Unless there are clear signs of a deterioration in the labor market, I would be cautious about further policy easing, especially given the limited inflation data we have due to the government shutdown… In the current highly uncertain environment, maintaining the policy rate at its current level for some time may be appropriate to balance inflation and employment risks." Her remarks highlight deep divisions within the Fed. Since the last rate cut, several Fed officials, including Collins and some non-voting members, have signaled increasing caution regarding further rate cuts. Collins believes that short-term borrowing costs are currently in a "mildly tight" range, while overall financial conditions still provide a tailwind for economic growth. While the labor market has indeed slowed, downside risks have not intensified since the summer. (Jinshi Data APP)

The post Bitwise bets on stablecoins with new ETF proposal – Details inside! appeared on BitcoinEthereumNews.com. Key Takeaways Why is this ETF important? It’s one of the first funds blending corporate stablecoin/tokenization exposure with crypto assets, offering investors a hybrid entry into these trends. How does this filing fit into Bitwise’s broader strategy? Bitwise is expanding fast, filing for an Avalanche ETF a day earlier, aiming to capture multiple crypto market segments. The competition in the crypto ETF space is heating up once again. Bitwise has stepped into the spotlight with a fresh filing to the U.S. Securities and Exchange Commission (SEC), aiming to launch a “Stablecoin & Tokenization ETF.” The proposed fund would track an index spanning stablecoin issuers, infrastructure providers, payment firms, exchanges, retailers, and even regulated ETPs tied to Bitcoin [BTC] and Ethereum [ETH]. Details of the Bitwise Stablecoin & Tokenization ETF The asset manager submitted a prospectus on the 16th of September for the Bitwise Stablecoin & Tokenization ETF. This fund is designed to capture opportunities emerging from the rapid adoption of stablecoins and the growing tokenization trend in financial markets. According to the filing, the ETF would be split into two equal parts. One portion would focus on equities for companies that are at the forefront of the stablecoin and tokenization ecosystem. This includes issuers of stablecoins, blockchain infrastructure providers, payment processors, crypto exchanges, and even retailers experimenting with digital currency payments. The other sleeve would offer exposure to regulated crypto products tied to assets such as BTC and ETH, giving investors a hybrid entry point into both corporate and crypto-native plays. This coincided with the firm having filed an S-1 for an Avalanche [AVAX] ETF just a day ago, highlighting its broader strategy to tap into demand for diverse crypto-linked products. Is the approval likely or in limbo? Now, with more than 90 crypto ETF applications currently awaiting the SEC’s…