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.
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.
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.
Dogecoin‘s renewed price momentum has sent shockwaves in the general cryptocurrency sector. Due to this, several enlightened crypto experts have demonstrated robust bullish sentiment toward DOGE as they offer predictions about a possible major rally in the short term while highlighting movements akin to previous trends.
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 Dogecoin price is among the best performers following this recent crypto market rally. Meanwhile, Shiba Inu has closely followed behind and has even flipped Avalanche in the process.
The liquidation heatmap with a one-month look back period showed that $184-$196 region held a sizeable amount of liquidation levels.
October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.
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.
Bitcoin's recent rally has lead to double digit gains for top meme coins.
Explore the top dog-themed cryptocurrencies as the "dog season" in crypto kicks off! From Dogecoin's rally to Husky Inu's innovative ecosystem, discover how these meme coins are set to make waves.
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.
As the US presidential election approaches, former President Donald Trump's odds on crypto betting platforms like Polymarket have surged, with analysts predicting significant implications for Bitcoin prices if he secures a second term in the Oval Office. However, market expert Patrick H.
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.
With the renewed momentum seen across the entire cryptocurrency, Dogecoin is displaying robust resilience as the dog-themed meme coin has entered into a key chart formation, signaling a potential shift in its price trend and further solidifying its capability for a major rally in this ongoing bull cycle. Dogecoin's Path To $0.
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?
Dogecoin (CRYPTO: DOGE) has surged 22% this week, leading some traders to anticipate a parabolic rally in November. What Happened: Trader Master Kenobi shared his analysis of Dogecoin's performance against Bitcoin, identifying similarities with market conditions four years ago following the Bitcoin halving.
Nitro Labs, the team behind Termina, a Solana scaling infrastructure platform, has raised $4 million in a seed funding round.
Heavily backed by the Binance exchange, the FDUSD stablecoin was previously available on Ethereum, BSC, and Sui networks.
The US Election is just 5-days away and Elon Musk has triggered skyrocketing moves in the meme coin market after returning to center stage as the so-called ‘Dogefather' CEO of DOGE.
A magnet for investors seeking big returns, the crypto market has become a playground for those eyeing emerging assets with explosive growth potential. Monsta Mash ($MASH), a newly developed cryptocurrency valued at just $0.001, is one such asset drawing a lot of interest right now.
The $SUI token underpinning the Layer 1 SUI network continues threatening rival Solana as it surges towards a new all-time high (ATH) today. In the last 24 hours, $SUI added 3% to trade at $2.03. This brings the token just 13.5% away from setting a new all-time high after it crosses $2.
Dogecoin is seeing notable momentum with rising price and heightened network activity.
Despite the initial setback, the crypto market regained its bullish momentum in late October as the Bitcoin price surged past $70,000 for the first time in 4 months. As the investors' sentiment grew for a crypto bull run, these Ethereum rivals could show the potential to turn a $1 investment into $1000.
The Dogecoin price could face significant selling pressure following a whale's transfer of billions of DOGE coins to the Robinhood crypto exchange. This move follows the meme coin's recent price surge, which makes it one of the top gainers in the crypto market.
According to data provided by the prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transactions, less than an hour ago an astounding Dogecoin transfer was made to the Robinhood investment platform as a deposit.
First Digital Labs has announced the expansion of its FDUSD stablecoin onto the Solana blockchain, aiming to bring faster, lower-cost transactions to users worldwide. The announcement was made during Binance Blockchain Week, underscoring First Digital's strategy to increase the utility of FDUSD across multiple blockchain networks.
Solana (SOL), the fifth largest cryptocurrency by market capitalization has recently completed a golden cross, a bullish technical pattern that typically signals potential upward momentum.
November could be a big month for Dogecoin (DOGE), according to crypto analyst Ali Martinez, who recently shared his thoughts on the future price of the major meme cryptocurrency. Martinez says that a sustained close above $0.20 is needed to get this potential surge going.
The partnership enables VanEck's clients to access Solana staking rewards without the complexities of direct token management. The post VanEck and Kiln Join Forces to Offer Regulated Solana Staking appeared first on Cryptonews.
The cryptocurrency market is experiencing a notable shift in investor sentiment. Among the altcoins, Solana (SOL) is emerging as a strong contender, potentially poised to reach $185 in the weeks leading up to the elections.
Bitcoin (BTC), the largest cryptocurrency by market capitalization, rose to $73,624 on Tuesday before falling below $72,000 early Wednesday.
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Recent strong upward momentum for Dogecoin has sparked discussions about whether it will ever hit the elusive $1 mark. The asset's strong uptrend has been highlighted by DOGE's price spike, which saw a 24% increase in a matter of days.
TL;DR VanEck partners with Kiln to integrate Solana staking into its investment offerings, providing institutional investors with seamless access to Solana staking without technical complexities. Kiln's proven track record and SOC 2 Type II certified infrastructure ensure robust security and reliability for institutional investors staking their assets.