Key Notes The SEC regulator has reached “a resolution in principle” with Gemini over its defunct Earn offering. The settlement is still subject to approval, but shows a major shift in regulatory approach. US SEC and CFTC are planning to unite in harmonizing the US market structure. After two years, the United States Securities and Exchange Commission (SEC) has finally come to “a resolution in principle,” with Gemini, the cryptocurrency exchange run by Tyler and Cameron Winklevoss. As it stands, the regulator is looking to completely resolve the litigation that…
Category: Reviews
Pantera Unveils $1.1B Solana Treasury — Is Rally Just Beginning?
Key Notes Morehead called Solana the fastest and best-performing blockchain, outperforming Bitcoin over the past four years. Morehead stressed that the Solana blockchain can do a total of 9 billion transactions a day, more than the capital markets. SOL price has gained 22% in the past month, with analysts pointing to a possible breakout above $250 that could trigger a mega rally. Dan Morehead, the founder of Pantera Capital, said in a recent CNBC interview that the firm holds $1.1 billion in Solana SOL $235.4 24h volatility: 0.5% Market cap:…
PUMP Jumps 8% as Pump.fun Tops Hyperliquid Revenue
Key Notes Pump.fun’s daily protocol revenue hit $3.38 million, topping Hyperliquid’s $3.06 million. PUMP price surged 8% today, extending a 70% weekly rally. Aggressive token buybacks and renewed trading activity drive bullish sentiment. Solana-based SOL $235.6 24h volatility: 0.2% Market cap: $127.85 B Vol. 24h: $7.50 B meme coin launchpad Pump.fun is enjoying 8% daily gain on September 16 even as the broader crypto market traded sideways. This comes as the platform’s daily revenue outpaced popular perpetuals trading platform Hyperliquid. According to DeFiLlama data, Pump.fun generated $3.38 million in protocol…
$500M Worth of Stock for BTC: What’s Next Technology Planning?
Key Notes Next Technology Holding eyes a $500 million BTC accumulation. The Chinese BTC treasury already owns over 5,800 BTC. Bitcoin is experiencing mild upward momentum, driven by rising institutional interest. Next Technology Holding, the largest Chinese Bitcoin BTC $115 550 24h volatility: 0.7% Market cap: $2.30 T Vol. 24h: $39.02 B treasury firm, wrote in a filing with the US Securities and Exchange Commission that it plans to sell $500 million worth of its common stock. According to the SEC filing, the Shenzhen-based company will use the funds to…
Citigroup Predicts $4,300 ETH by Year‑End in Bearish Base Case
Key Notes Citigroup is speculating that the ETH price could drop further to around $4,300. This forecast for year-end comes despite the recent move from around $4,700 to $4,500. Analysts from Citigroup noted that much of Ethereum’s recent growth comes from Layer-2s. . The recent slight drop in the price of Ethereum ETH $4 513 24h volatility: 0.1% Market cap: $544.29 B Vol. 24h: $25.72 B appears to be fuelling pessimism from several entities, including Citigroup. The financial institution is projecting that the second-largest cryptocurrency by market cap will drop…
OMNI Soars 6%: Nomina Rebranding Driving Prices Higher
Key Notes OMNI rallied 6% in a flat crypto market as trading volume jumps to $73 million. Omni Labs announced rebrand to Nomina with a 1 OMNI to 75 NOM token migration ratio. Technical charts hint at a potential breakout as buying pressure builds. While most of the top altcoins are flat on Sept. 16, Omni Network OMNI $3.63 24h volatility: 7.0% Market cap: $143.56 M Vol. 24h: $83.77 M price has posted 6% daily gain. Daily trading volume has surged by more than 200% to roughly $73 million, signaling…
1M BTC Treasury Push Gains Traction
Key Notes The Bitcoin Act bill by Sen. Cynthia Lummis expands on a Trump-era executive order and directs the Treasury to acquire Bitcoin. The 1 million BTC acquisition will happen over five years through budget-neutral strategies. While the legislation has only Republican backing so far, industry advocates are pushing to make the Bitcoin reserve a priority. Strategy (NASDAQ: MSTR) executive chairman Michael Saylor, along with top crypto leaders in the US, will be attending the crypto roundtable at Capitol Hill in Washington D.C. this week. The goal is to push…
BlackRock’s ETH ETF Sees Record Inflows — Is $4,500 Safe?
Key Notes BlackRock’s ETHA saw $363 million in inflows on September 15, the highest in 30 days. Ethereum ETFs now manage $30.35 billion, with BlackRock holding $17.25 billion. Analysts eye $4,100 as a key support and $5,200 as a long-term upside target. Asset management firm BlackRock’s Ethereum ETF (ETHA) has recorded its largest inflows in a month, marking a turning point for the cryptocurrency. On Sept. 15, BlackRock’s ETHA drew 80,768 ETH (about $363 million) in fresh inflows, according to SoSoValue data. This was the biggest single-day intake in 30…
Solana (SOL) Corrects Some Gains – Is a Bigger Pullback Coming?
Solana started a fresh increase above the $232 zone. SOL price is now correcting gains below $240 and might aim for another increase if it stays above $20. SOL price started a fresh upward move above the $232 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $242 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it…
XRP Price Slips Under $3 – Can Bulls Stage a Quick Rebound?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…