Bitcoin ETF speculations reach fever pitch, Solana falls as Pushd gains in presale

The upcoming Bitcoin halving may trigger a bull run, depending on the approval of a spot Bitcoin ETF. Solana may benefit from this decision. However, analysts expect Pushd (PUSHD) to outperform them, especially if a Bitcoin ETF is approved.

Bitcoin rises as ETF speculations reach fever pitch

When writing, Bitcoin is up 6% to around $47,000, fueled by speculation that regulators could soon approve a spot Bitcoin ETF. 

Former SEC Chair Jay Clayton stated there is little reason to reject such an ETF. 

Rumors suggest the odds of approval are over 90%. 

If a Bitcoin spot ETF is approved, it could channel more funds to the sphere, lifting altcoins.

Solana is bullish

Solana was one of the top-performing cryptocurrencies in 2023.

Despite a 20% dip in early 2024, SOL has rebounded 12% over the last 24 hours. Gains are fueled by speculation around a spot Bitcoin ETF approval and growing on-chain activity. 

Statistics show that the total value locked (TVL) by Solana defi protocols stands at $1.4 billion, the highest since August 2022. 

This signals rising usage and development, which could support further SOL prices.

Pushd may rally in 2024

Pushd is a new decentralized online marketplace.

The project has already attracted over 10,000 registrants in over a week. Pushd prices might rally from the current presale price of $0.048.

Pushd aims to combine the ease of use and functionality of traditional online marketplaces like Amazon with the security and benefits of decentralized technology. 

The platform will not have heavy-handed marketplace policies, excessive know-your-client (KYC) processes, or high listing and transaction fees.

In addition, Pushd token holders will earn a portion of the platform’s revenues from transaction fees, expanding income-earning streams.

For what Pushd offers, the presale is gaining momentum, with experts projecting more growth in the future.