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.
Ethereum (ETH) has been criticized by the cryptocurrency community for underperforming in the current cycle compared to competitors such as Bitcoin (BTC) and Solana (SOL).
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.
Ethereum co-founder Vitalik Buterin has unveiled the highly anticipated sixth installment of his series, titled “The Future Development of the Ethereum Protocol Part 6: The Splurge.” In a detailed blog post, he articulates his visionary goals for the upcoming Splurge phase, focusing on enhancing the performance and user experience of the Ethereum blockchain.
Ethereum's good days may be here already, but you might have to wait.
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.
In the U.S., the season of corporate earnings reports for the third quarter continues, which means we can receive some information about the crypto market from companies like Coinbase, the leading crypto exchange out there. The information is interesting, especially when it comes to Bitcoin and Ethereum, two of the biggest assets on the crypto market.
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.
Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.
Solana meme coins soar, led by Dogwifhat's 1300% rise, as Ethereum's Cutoshi emerges as a strong contender for market dominance. #sponsored
On Wednesday, Ethereum (ETH) surged above the $2,700 mark for the first time in over a week, sparking a bullish sentiment among several crypto analysts. Some suggested that the second-largest cryptocurrency will soon break from the next resistance level and reclaim the $3,000 mark.
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).
"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.
Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.
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.