Key takeaways: The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted. Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally. Solana’s native token, SOL (SOL), surged 7% on Monday after confirmation that the first-ever Solana exchange-traded fund (ETF) featuring staking capabilities would launch on…
Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels. Bitcoin (BTC) nosedived below the psychological $100,000 support on Sunday as traders digested the US strike on Iran’s nuclear facilities….
Key takeaways: SOL’s futures open interest surged to a 2-year high, reflecting growing institutional interest. Rising competition from other blockchains and neutral funding rates continue to dampen SOL’s bullish momentum. Solana’s SOL (SOL) failed to hold its bullish momentum after gaining 10% between Monday and Thursday. The cryptocurrency has shown weakness after testing the $180…
Key Takeaways: Solana’s 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence. Solana (SOL) price gained 18% this week, signaling rising bullish momentum. The altcoin is approaching a pivotal point,…
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23…
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000. BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes believes it may be the “last chance” to buy Bitcoin below…