Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

"With the momentum gained, it is looking ready to head past the $2,800 resistance zone," one popular analyst stated.

Reddit's crypto divestment signals a strategic pivot amid economic uncertainties, potentially influencing other firms' crypto investment strategies. The post Reddit exits Bitcoin and Ethereum investments despite BTC nearing peak appeared first on Crypto Briefing.

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance.

As Ethereum struggled to meet its anticipated price targets, analysts predicts something big is yet to come for the altcoin.

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.

The slow demand behind Ethereum in recent months could see the breakout fall short of its target.

Recent developments in the Ethereum market indicate a notable increase in whale transactions as its price fell to $2,380 on October 25, 2024. This surge in whale activity reached a six-week high, reflecting growing interest from large investors and potential for price rebounds.

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.

In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.

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.

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.

Ethereum (ETH) has seen its price soar over 5% in just one day, reaching approximately $2,618 as of October 29. This surge comes alongside Bitcoin's impressive rise, which has surpassed $71,000 for the first time since June.

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.

The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up.

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.

Ethereum (ETH) price has climbed more than 7% in the last seven days. Despite the gains, whale activity remains cautious, reflecting some hesitation among large holders.

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 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.

The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.

October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is displaying bullish signals that suggest a potential upside rally. Recent trends indicate a substantial amount of ETH has been withdrawn from exchanges, coupled with favorable on-chain metrics that could set the stage for significant price movements.

Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.

Given that Solana (SOL) recently hit a 3-month high after scaling the $180 heights, it seems the sky's the limit for the fifth-largest cryptocurrency based on market value.

PARAVOX secures $4.5M for Solana blockchain launch, fueling development and marketing for enhanced gameplay and trading features. The post Solana welcomes PARAVOX as shooter secures $4.5M for blockchain expansion appeared first on Crypto Briefing.

In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794. As BTC rallied by over 8.

Crypto institutional products saw huge inflows in the last seven days with Bitcoin (BTC) and Solana (SOL) funds attracting bullish sentiments. Solana's products have shown signs of its 2023 run after netting consecutive weekly inflows.

The cryptocurrency market is opening the week with a surge of optimism as Bitcoin (BTC) grapples with its ongoing struggle to breach the critical $70,000 resistance. This situation is not just a challenge for Bitcoin; it's fostering a bullish atmosphere across the entire market.

The first public testnet for =nil; protocol, an Ethereum layer-2 that uses zero-knowledge sharding, is now live. =nil; Foundation announced the testnet v1 on Oct.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Ethereum has been lagging Bitcoin's rally by 50%. A break below $2121 targets $700-1000.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

Nitro Labs, the team behind Termina, a Solana scaling infrastructure platform, has raised $4 million in a seed funding round.

Heavily backed by the Binance exchange, the FDUSD stablecoin was previously available on Ethereum, BSC, and Sui networks.

Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum's potential to break out.

Ethereum (ETH) has seen a remarkable surge in activity recently, with over 300,000 tokens withdrawn from exchanges within a single week. This significant movement coincides with ETH's price stabilization around the $2,500 mark, suggesting a potential change in investor sentiment that could influence the cryptocurrency's trajectory moving forward.

Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.