Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark sustainable bullish momentum for Bitcoin. Key takeaways: Demand for BTC put (sell) options and stagnant ETF inflows kept momentum capped despite easing macroeconomic conditions. AI-driven tech relief has cut market stress, but BTC strength relies on holding $90k as investors bet on liquidity support amid softer job market data. Fed target rate expectations for Dec.…
Tag: ETF
Solana Bulls Add Leverage as 21Shares ETF Withdrawal Sparks Brief Volatility
Key Notes Solana price holds above $135 despite 21Shares withdrawing its SOL staking ETF application. Derivatives data shows $12.5 million in bullish leverage added as traders counter bearish headlines. Solana ETFs swung back to $5.3 million inflows on Friday, signaling improving sentiment after Thursday’s $8.3 million drawdown. Solana price found firm support above $135 on Saturday, Nov. 29, positioning the asset to close the week with roughly 6% gains despite bearish sentiment triggered by 21Shares withdrawing its Solana staking ETF application, citing challenges in completing regulatory obligations. Solana open interest…
Dogecoin (DOGE) ETF Rakes in $2M: Two Key Levels Emerge
Key Notes DOGE bounced 9% after a harsh 22% drop, now trading near $0.1493. DOGE ETFs (GDOG + GWOW) now show roughly $2M in combined net inflows. Key support sits at $0.08, while major resistance sits at $0.20. Dogecoin (DOGE) just came out of a rough month after dropping by 22% before a sharp bounce pushed it almost 9% higher this past week, with the price now near $0.1493. Meanwhile, the new DOGE ETFs, Grayscale’s GDOG and Bitwise’s GWOW, also saw significant inflows. GDOG now sits near $3.8 million in…
Coinbase shares climb after acquisition of token manager LiquiFi: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, Solana’s SOL token climbs after the launch of the first U.S.-listed ETF to provide direct exposure to the token while also offering access to staking rewards. Plus, Coinbase announces the acquisition of token management platform LiquiFi. And, Andrew McCormick, head of eToro US, discusses the retail trading platform’s decision to further expand its crypto lineup to users in the United States. Chapters: 00:00 – CNBC Crypto World, July 2, 2025 0:25 – Solana rises 1:34…
CoinShares Unexpectedly Withdraws Staked SOL ETF Application
Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed, according to the SEC filing, which states: “The Registration Statement sought to register shares to be issued in connection with a transaction that was ultimately not effectuated. No shares were sold, or will be sold, pursuant to the above-mentioned Registration Statement.” The first staked Solana (SOL) ETF, issued by REX-Osprey, debuted in the United States in June,…
Ethereum Price Surges 17% as ETF Inflows Hit $291M in Four Days
Key Notes Institutional investors drove ETH’s recovery with $291 million in net ETF deposits recorded across two consecutive sessions. Tom Lee-linked wallets accumulated $185.6 million worth of Ethereum this week, reinforcing bullish momentum across markets. Technical analysis shows a falling wedge pattern projecting potential 53% rally to $4,600 if price sustains above $3,150. Ethereum ETH $3 043 24h volatility: 0.4% Market cap: $367.37 B Vol. 24h: $20.19 B price reclaimed the $3,000 level on Friday, rising 17% from the weekly low of $2,620 logged on November 21. The recovery has…
Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch
Interest in XRP has increased massively after the launch of Spot XRP ETFs, leading some supporters to float a $100 per token rally before the end of the year. That scenario, however, appears highly unrealistic when basic market fundamentals are considered. In a recent post on X, Zach Humphries dismissed triple-digit predictions, calling them “delusional” and warning that they mislead people who don’t grasp the math behind market valuation. The Market Cap Reality Check Any attempt to peg XRP at $100 must first contend with its circulating supply and the…
Why XRP ETF proposals are increasing and what is keeping other issuers
The XRP leap: The next frontier in crypto finance The cryptocurrency market is now entering a new stage in which large institutional investors are looking beyond just Bitcoin (BTC) and Ether (ETH). One of the strongest signs of this shift is the rapid increase in applications for US spot XRP (XRP) exchange-traded funds (ETFs). Asset management companies are submitting proposals for XRP ETFs one after another. However, many other cryptocurrency projects remain on the sidelines. There are several reasons for the recent increase in XRP ETF proposals: Greater regulatory and…
Bitcoin Set For $250,000 As ETF Basis Trade Dies: Arthur Hayes
Arthur Hayes believes Bitcoin’s October flush to $80,000 marked the end of a liquidity-driven reset, not the start of a new bear market – and that the structural forces that pushed BTC down are now reversing. $80,000 Was The Bottom As Dollar Liquidity Turns In a Milk Road Show episode recorded November 26 and released November 27, the BitMEX co-founder argued that the much-celebrated US spot ETF “institutional bid” was largely a leveraged basis trade that has now run its course at the same time as US dollar liquidity appears…
Solana Bounces Despite First ETF Outflows – 5% Rally Ahead?
As the crypto market rebounds from the recent lows, Solana (SOL) has reclaimed a crucial level, nearing a key resistance area that could set the stage for a long-awaited price recovery rally, according to some market watchers. Related Reading Solana Bounces Despite ETF Outflows The crypto market has surged above the $3 trillion mark for the first time in a week, with Bitcoin, Ethereum, and most leading cryptocurrencies reclaiming crucial support levels lost during the latest market pullback. Solana joined the market rally and jumped from the recently recovered $135-$140…