SEC Defers Ruling on 21Shares and Bitwise Solana ETF Proposals Invites Public Input
Summary
The SEC has postponed its decision on Solana ETF proposals from 21Shares and Bitwise, "instituting proceedings" for further review and inviting public comment, emphasizing…
Regulatory Scrutiny Continues as SEC Extends Review Period for Spot Solana ETF Applications
Summary
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several spot Solana ETF applications from firms including 21Shares, Bitwise, VanEck, and Canary…
Ethereum Shows Bullish Technical Signals Amidst Key Resistance Hurdles
Summary
Ethereum has found support at $2,320 and initiated a recovery, now trading above $2,540 and the 100-hourly SMA, having broken a bearish trend line and key Fibonacci levels,…
Resurgence of Ethereum Potential Shift in Crypto Dominance from Bitcoin
Summary
Fundstrat analyst Sean Farrell suggests Ethereum (ETH) is staging a significant comeback after being a "forgotten" blue chip, with its recent price strength appearing more…
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) Integrates with Solana Mainnet
Summary
Chainlink's Cross-Chain Interoperability Protocol (CCIP) has launched on Solana's Mainnet, making Solana the first non-EVM blockchain to adopt its v1.6 upgrade, significantly…
Sustained Inflows into Crypto Funds Bolstered by Ethereum’s Resurgence, Reports CoinShares
Summary
Cryptocurrency investment products saw their fifth consecutive week of net inflows, adding $785 million, bringing year-to-date inflows to $7.5 billion and fully recovering…
Solana Eyes Significant Gains Pending Breakout Above $200 Resistance Level
Summary
A decisive break above the $200 resistance level is crucial for Solana (SOL), with technical analysis and market sentiment pointing towards a potential rally to $250 and…
Texas Legislation for State-Managed Bitcoin Reserve Progresses to Crucial House Reading
Summary
Texas's Senate Bill 21, proposing a state-managed Bitcoin reserve, is advancing to a crucial second reading in the House, with a tight deadline for passage before the…
Anticipated Catalysts Fuel Speculation of Significant XRP Price Appreciation
Summary
The imminent launch of XRP futures ETFs by CME Group on May 19th is presented as a pivotal event, with analyst J4b1 suggesting it could trigger a significant price surge…
Cardano (ADA) Navigates Market Headwinds as Proponents Anticipate Future Gains
Summary
Cardano (ADA) experienced a price decline, briefly touching $0.7353, amid broader cryptocurrency market volatility influenced by macroeconomic factors and significant overall…