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.

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).

The cryptocurrency market is witnessing a renewed sense of optimism, particularly regarding Bitcoin (BTC). Matthew Sigel, head of digital asset research at investment management firm VanEck, recently shared insights indicating that Bitcoin is poised for a positive trend as election day approaches.

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.

MicroStrategy's "21/21" plan involves an equal split of equity sales and fixed income securities offerings.

The number of addresses that have claimed the GRASS token airdrop has jumped to nearly 1.5 million — the highest yet on Solana.

The firm cites a pattern that has held up almost 90% of the time as the reason for its conviction.

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.

The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.

The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.

MicroStrategy has upped the ante with it announcing in a filing with the Securities and Exchanges Commission (SEC) a $42 billion capital plan.

MicroStrategy's "21/21 Plan" targets $42 billion in capital over the next three years and aims to support further acquisitions of bitcoin.

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

Bitcoin has recently broken past the $71,000 level, fueling renewed enthusiasm among bullish investors. Analysts are optimistic, citing strong indicators that suggest Bitcoin could be on the verge of a new all-time high (ATH).

Experts see Microsoft's consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value.

American software company, MicroStrategy has undoubtedly become one of the most Bitcoin (BTC) bullish firms

MicroStrategy has announced its plans to raise capital to purchase more Bitcoin over the next three years and boost its Bitcoin strategy. Interestingly, the company also revealed its new status as a Bitcoin Treasury Company.

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Spot bitcoin ETF's saw $870 million worth of inflows as BTC approaches a record high. Plus, insights on sentiment around the largest token by market cap as daily OTC desks drop to year lows.

Bitcoin's price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak.

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%.

ETF analyst anticipates substantial Bitcoin inflows continuing this week.

Florida's Chief Financial Officer, Jimmy Patronis, has formally requested that the state's pension fund managers explore the feasibility of investing in Bitcoin, positioning the state to potentially adopt BTC as a strategic reserve asset.

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.

Business intelligence firm MicroStrategy has announced that it plans to raise a whopping $42 billion over the next three years in order to purchase more Bitcoin.

Bitcoin's recent rally has lead to double digit gains for top meme coins.

Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs

Bitcoin (BTC) has led crypto market gains this month, trading in line with on-chain projections. Data shows several technical indicators tilting toward a full-scale uphill run for the asset.

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.

A handful of Bitcoin traders have projected new all-time highs for the asset as it crossed a significant milestone. Whales and other bulls are setting the tone for a massive surge in the coming weeks.

As bitcoin's price nears its all-time high, the network's hashrate is hitting impressive heights once again this year. Bitcoin's Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC's rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin's network hashrate is soaring. At 11:30 a.m.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) have performed well in recent weeks, with consecutive inflows attributed to the recent surge in Bitcoin prices. At press time, these ETFs had $72.55 billion in net assets, equivalent to 5% of Bitcoin's total market capitalization.

Bitcoin is still holding on to gains suggesting strong bullish sentiment remains after its recent breakout.

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

Anthony Scaramucci, founder of SkyBridge Capital, recently stated that Bitcoin is still "very early."

The wider crypto market has been abuzz following Bitcoin's recent impressive performance, which has resulted in the premier crypto getting precariously close to revisiting its current all-time high price.

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

The latest filing with the SEC has revealed that Reddit has sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes.” JUST IN: Reddit sold the majority of its #Bitcoin before BTC started pumping in October — SEC filing pic.twitter.

The Japanese investment firm Metaplanet now holds more than $168 million worth of Bitcoin after a recent BTC purchase. The firm began accumulating the top crypto asset by market cap after it announced a shift in its treasury management strategy earlier this year, purchasing a total of 156.78 BTC over the weekend.

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.

Extreme greed grips the crypto market as Bitcoin dominance soars, but savvy investors recognize this as the calm before the altcoin storm.