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Tag: Solana
Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push
Key Notes Solana drops 3.84% as DeFi Development Corp withdraws $1B SEC filing.SOL may climb to $164 if the ongoing ascending triangle breakout holds.Bloomberg sees a 90% chance of Solana ETF approval by 2025. Solana SOL $158.6 24h volatility: 3.7% Market cap: $83.38 B Vol. 24h: $4.87 B is trading around $159.5, down 3.84% over the past 24 hours. The dip coincides with DeFi Development Corp’s withdrawal of its $1 billion fundraising plan for Solana purchase. Notably, the U.S. Securities and Exchange Commission (SEC) recently flagged DeFi Development Corp’s Form…
Bitcoin Conference Crashes Crypto📉Technical Analysis w/ @investingbroz
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Wednesday morning U.S. hours saw a modest acceleration in crypto’s pullback from the recent big move higher, with bitcoin stumbling nearly 2% to just above the $107,000 level. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ Guest: Tim Warren, Host of Investing Broz Investing Broz Youtube ➜ Follow on Twitter ➜ @tims_ta 00:00 Intro 00:16 Sponsor: iTrust Capital 01:48 Retail back? 02:30 Bitcoin…
Solana Bubble Maps Turn Neutral
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has surged 6.6% over the past week, raising hopes among holders that the digital asset may be on the cusp of a significant rally – one that could potentially propel it to new all-time…
Solana Forms Higher Low: Charging Toward Range Highs?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is holding firm above the $150 level as bullish momentum builds across the broader crypto market. With both Bitcoin and Ethereum pushing into higher prices, investor sentiment is improving, and altcoins like Solana appear poised…
SOL Price Jumps 4.77% as Spot Solana ETF Approval Odds Rise
Key Notes Daily trading volume surged by 40% to $5.42 billion, with SOL consolidating at $165, poised for a breakout that could potentially lead to a 5x to 10x rally. CoinGlass data indicates an 11% rise in Solana futures open interest, surpassing $7.5 billion in the last 24 hours. Bloomberg analysts suggest that a Solana ETF approval could be imminent, with seven issuers already filing for spot ETFs. Solana SOL $166.3 24h volatility: 5.1% Market cap: $87.32 B Vol. 24h: $6.11 B price has seen a healthy uptick in the…
SEC may approve Solana ETF in coming weeks: report
The U.S. Securities and Exchange Commission may approve a spot Solana exchange-traded fund within the next few months, according to multiple sources cited by Blockworks. The SEC has reportedly asked prospective Solana (SOL) ETF issuers to submit amended S-1 registration statements by next week. One source suggested an approval could arrive within three to five weeks. Two sources told Blockworks the agency will provide comments on the updated filings within 30 days. The changes focus on two key areas: how issuers plan to handle in-kind redemptions and whether staking will…
Solana Bounces Back: Bullish Wave Builds Above $155 After Sharp Dip
In a recent post on X, crypto analyst Grayhoood observed that Solana (SOL) is currently showing signs of a bullish trend. Over the past 24 hours, the price has climbed by 2.8%, with candlestick charts revealing a noticeable upward trajectory. Solana Stochastics And CCI Signal Short-Term Strength Earlier in the day, SOL briefly dipped to around $151 but managed to recover steadily, reaching a current price of $155.35. Grayhoood pointed out that this short-term strength is consistent with Solana’s 7-day performance, which shows a modest 1.4% increase. However, the longer-term…
SG Issues USD Stablecoin on Ethereum and Solana
Key Notes This follows the successful launch of its euro-pegged EUR CoinVertible (EURCV) on the Stellar network in April 2023. Societe Generale is capitalizing on the growth of the overall stablecoin market which is nearing an all-time high of $250 billion. US legislative efforts, such as the Senate’s bipartisan stablecoin bill, aim to establish clear regulations, encouraging institutional adoption. . On Tuesday, June 10, French financial services giant Societe Generale announced the launch of its USD-pegged stablecoin through its crypto subsidiary Societe Generale-FORGE. Interestingly, the firm has chosen blockchain platforms…
Solana Breakout Targets $164 – Is A Recovery Around The Corner?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has recovered from the recent market pullback after bouncing from its local bottom. Amid its recent breakout from a bullish formation, some market watchers suggest that the cryptocurrency could recover its start-of-year glory. Related…