Canary Capital submitted a filing with the SEC for a spot Solana ETF on October 30 seeking permission for access Solana through traditional brokerage accounts without holding SOL directly.
Solana's network metrics showed broad-based growth in October 2024, with increases in development activity, user adoption, DeFi engagement, and market participation.
This week, Canary filed an S-1 registration with the U.S. SEC, aiming to gain approval for a Solana-focused ETF. If approved, this would allow everyday investors to buy shares that track the price of SOL.
The XRP Ledger (XRPL) is evolving quickly, and one of its core amendments is going live on-chain. Dubbed the DID amendment, this upgrade might be a game-changer in defusing the complications around decentralized identities in Web3.
The US SEC has officially confirmed the XRP ETF application from Grayscale Investments
Solana's (SOL) price has recently gained attention with its approach toward the $186 resistance mark, a level that previously triggered reversals. Despite SOL standing only 16% away from a potential run to $200, broader market signals suggest challenges ahead.
Crypto asset manager Canary Capital has filed an application with the SEC for a spot Solana ETF, joining VanEck and 21Shares in seeking approval for a product that would track SOL's price through the CME CF Solana index.
Macro guru Raoul Pal believes that if Solana (SOL) reclaims a key level it may signal the broader crypto market has entered the most explosive phase of the cycle.
Ripple vs. SEC is heating up, and you know what? XRP isn't backing down. Court drama just adds fuel to the crypto fire and proves the network's worth fighting for.
Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On October 30, the firm filed a Form S-1 registration statement with the U.S.
XRP, the cryptocurrency associated with Ripple, has recently shown resilience as bulls defend the critical support level at $0.50. After experiencing a notable decline earlier in October, there are signs that a rebound may be on the horizon.
The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.
Crypto ETFs are becoming very popular! After the approval of several Spot Bitcoin ETFs in the U.S., Australia, Hong Kong, and more with Ethereum ETFs. This has sparked a wave of excitement around crypto ETFs. Recently, Canary Capital and Bitwise applied for XRP ETFs.
Solana meme coins soar, led by Dogwifhat's 1300% rise, as Ethereum's Cutoshi emerges as a strong contender for market dominance. #sponsored
Recent insights from prominent crypto analyst Dark Defender shed light on a significant pattern that could dictate the future of XRP's price movements. Understanding the dynamics between Bitcoin dominance and XRP's performance may be the key to predicting the next bull run for this altcoin.
XRP hasn't been a party to the larger market's latest rally.
Canary Capital applied to the US Securities and Exchange Commission (SEC) on October 30 for a spot Solana ETF (exchange-traded fund). It marks another attempt to offer Solana-focused investment opportunities through traditional brokerage channels.
Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Litecoin (LTC) is currently at a pivotal point in its trading journey, drawing significant attention from both buyers and sellers. As of October 29, 2024, the altcoin was trading at approximately $69.98, reflecting a slight decline of around 1% in the past 24 hours.
XRP price is correcting gains from the $0.530 zone. The price is testing the $0.520 support and might bounce back to start a fresh increase.
As the legal battles escalate, how could CEO Brad Garlinghouse's plea for final judgement reshape Ripple's future?
Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.
Amid the growing Solana (SOL) dominance in the web3 space, Canary Capital, an investment management firm founded by Steven McClurg who is one of the founding team of Valkyrie Funds, has filed with the United States Securities and Exchange Commission (SEC) to offer its spot ETF.
XRP falls as SEC's appeal progresses; Trump election win may impact the case's direction. BTC drops below $73K on labor data, but BTC-spot ETF inflows hit record levels as demand grows.
Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.
The XRP Ledger (XRPL) launches Decentralized Identifiers (DIDs), unlocking secure, self-sovereign digital IDs in blockchain. Known as XLS-40, the upgrade aligns with W3C standards, allowing users more control and privacy in digital interactions on XRPL.
Canary Capital has ignited the ETF race by filing with the SEC for a spot Solana ETF, aiming to offer investors streamlined access to SOL through brokerage accounts. This marks a major step, following similar bids by asset giants VanEck and 21Shares earlier this year.
Analysts are projecting a rally in the altcoin market soon.
As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets.
Analysts are turning their attention to the potential price trajectories of various assets, particularly XRP. With Solana projected to reach between $400 and $600, market experts are optimistic about XRP's prospects for 2025, suggesting that it could soar to impressive new heights.
The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.
The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October.
After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.
Over the past 7 months, the Solana price has traded sideways, struggling to sustain above the $200 level. However, as the crypto market witnessed a renewed recovery in late October, the SOL coin price is poised to escape this long-coming consolidation.
Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. If approved, the ETF would provide investors with direct exposure to the price of Solana held by the fund.
Max Avery, a prominent figure in the cryptocurrency space, has recently emphasized the transformative potential of XRP and Ripple's technology within the vast $27 trillion cross-border payment market. Avery discussed how Ripple's innovations are poised to address long-standing inefficiencies in traditional banking systems, positioning XRP as a crucial asset for revolutionizing global payments.
In a surprising take, a crypto analyst has foreseen a crash in the price of Solana despite the ongoing bull momentum. This analyst is projecting a crash in the price of Solana, offering a fresh perspective on the crypto heavyweight.
Canary Capital, a crypto-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new development comes amid a surge of applications from various asset managers aiming to introduce cryptocurrency-backed ETFs on traditional exchanges.
Asset manager Canary Capital has officially filed for a spot Solana ETF in the United States, following in the footsteps of investment firm VanEck, which introduced its own application four months ago. The Solana ETF move was confirmed minutes ago by Bloomberg ETF expert James Seyffart on social media platform X (formerly Twitter).
Canary Capital has filed for a Solana-based exchange-traded fund as issuers gear up to see if they can secure U.S. regulatory approval.
Solana (SOL) price has experienced a strong rally, up 14.29% over the last 30 days. Despite some mixed signals in recent metrics, SOL has shown resilience, maintaining a generally bullish structure.
The XRP Ledger (XRPL) reached a significant milestone on October 30, 2024, with the activation of the Decentralized Identifier (DID) amendment, marking a new phase for user-controlled digital identities. The new feature, known as XLS-40, enables users to create self-sovereign identities that are cryptographically verifiable and independent of centralized authorities, adding a layer of security
As the cryptocurrency market experiences renewed optimism, recent forecasts have projected a potential surge for the XRP price, with some analysts claiming that the token could reach $42. The XRP price is once again making headlines with bold price predictions alongside WallitIQ (WLTQ) an AI altcoin set to revolutionize the crypto space.
The number of addresses that have claimed the GRASS token airdrop has jumped to nearly 1.5 million — the highest yet on Solana.
The liquidation heatmap with a one-month look back period showed that $184-$196 region held a sizeable amount of liquidation levels.