Analysts say that Solana ETFs are expected to have a final decision deadline around mid-March 2025. This follows the Chicago Board Options Exchange (CBOE) filing applications on Monday to list VanEck and 21Shares’ proposed ETFs. Mid-March Decision Deadline Bloomberg ETF analyst Eric Balchunas noted that Solana ETFs are expected to have a final deadline of...Read More
In January 2018, XRP hit an all-time high of $3.317. Since then, it has never come close to that price again. We have been observing for a long time that the SEC vs. Ripple case has halted XRP’s growth. XRP has a lot of community support, but it just needs regulatory backing now. The legal...Read More
DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). The new spot Bitcoin ETF, under the ticker “BTXX,” will start trading on Friday, July 12, 2024, at 10:00 AM AEST. DigitalX Teams Up with K2 Asset Management and...Read More
[PRESS RELEASE – Los Angeles, United States, July 9th, 2024] Phoenix Memecoin ($PHNX) is gaining attention for its unique combination of innovative technology and a strong, community-oriented approach. About Phoenix Memecoin ($PHNX) Phoenix Memecoin ($PHNX) is a new cryptocurrency designed to symbolize rebirth and innovation within the crypto world. Supported by a dedicated and rapidly...Read More
[PRESS RELEASE – Georgetown, Cayman Islands, July 9th, 2024] The DeFi.Gold team is thrilled to announce the launch of two memecoins, Flurbo and Schmeckle, in partnership with DeFi.Gold. These projects are bringing their Bitcoin Runes tokens to the forefront, aiming to revolutionize the crypto space with a unique twist. These twin currencies are set to...Read More
Bloomberg ETF analyst Eric Balchunas predicted on X that July 18 would be the “best guess” for the spot Ethereum ETF launch. This comes after the Securities Exchange Commission (SEC) issued S-1 amendments, which required companies to amend their registration statements and submit their applications. Balchunas Notes Minimal Changes in Latest Filing In the latest...Read More
The US spot Bitcoin exchange-traded funds (ETFs) saw nearly $295 million in net inflows on July 8th. This represented significant buying activity, which was last seen in June, when Bitcoin was hovering above $70,000. Notably, major funds have appeared to have made a comeback despite Bitcoin struggling with downward pressure. BlackRock’s IBIT Tops ETF Inflows...Read More
The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary of the trend. In fact, USDC is leading the demand for regulated stablecoins, according to French blockchain analytics firm Kaiko. Increased Demand For USDC After MiCA In its latest report, Kaiko revealed that non-compliant stablecoins account...Read More
Ethereum-based decentralized computing platform Golem has sent more than $100 million worth of ETH to centralized exchanges such as Binance, Coinbase, and Bitfinex over the past few weeks. This has become a cause for concern for crypto markets already battered by large Bitcoin selloffs and the prospect of more to come. Golem is one of...Read More
[PRESS RELEASE – Amsterdam, Netherlands, July 9th, 2024 Sovereign Nature Initiative (SNI) has announced a collaboration with Unique Network and WalletConnect on Polkadot. Officially launching at Polkadot Decoded 2024, DOTphin will leverage NFTs to effect positive environmental change. This initiative was approved by strong community support through Polkadot OpenGov. Powered by dynamic NFTs, DOTphin is...Read More
Although bitcoin (BTC) has fallen to its lowest level since February 26 and has hovered around the $57,000 range over the last few days amid high volatility, Bitfinex analysts have seen on-chain signs that the leading crypto asset may not record any more dumps. According to this week’s edition of the Bitfinex Alpha report, market...Read More
Bitcoin prices could potentially drop to around $47,000 in this market correction, according to technical analyst Willy Woo. That scenario would result in an overall retrace of 36%, which is also not unheard of in bull market cycles. On July 8, Woo posted a market overview to his 1.1 million followers on X, concluding that...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 9th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, is taking its partnership with Beach, Please! – Romania’s biggest hip-hop festival – by offering a range of exclusive perks for festival-goers, further connecting music fans with the exciting world of crypto. Building on the previously announced...Read More
[PRESS RELEASE – San Francisco, CA, July 8th, 2024] Halliday, the commerce automation network for modular chains, announces the public launch of its network. Backed by major investors, such as Hashed and Andreessen Horowitz, with over 26 partners already, the platform aims to bring its technology to a wide swath of companies and commerce applications....Read More
[PRESS RELEASE – Los Angeles, USA, July 8th, 2024] ShibSharks (SHSH) is a new meme-based cryptocurrency project built on the Solana blockchain. It aims to create a strong, engaged community while offering various practical features. The project seeks to integrate the playful nature of meme tokens with the technological advantages of the Solana blockchain. The...Read More
[PRESS RELEASE – Manchester, United Kingdom, July 8th, 2024] Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has...Read More
The market has experienced significant volatility over the past 48 hours, leading to unstable conditions in both Bitcoin and the altcoin market. This volatility has particularly impacted Solana, leading to notable liquidations. As a result, a strong battle has been observed between buyers and sellers. Concurrently, various on-chain metrics for Solana have taken bearish positions,...Read More
