BlackRock, a financial giant, has recently made it clear that they do not have any immediate plans to launch a Solana (SOL) ETF. This decision comes despite the overwhelming success of their Bitcoin and Ethereum spot ETFs that were introduced earlier in the year. The company’s Chief Investment Officer, Samara Cohen, mentioned in an interview
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Goldman Sachs CEO David Solomon recently shared his perspective on Bitcoin, stating that the flagship cryptocurrency could potentially serve as a store of value similar to gold. While Solomon expressed openness to the idea of Bitcoin as a store of value, he maintained a cautious approach towards the digital asset. He emphasized that he does
Ripple’s XRP has experienced a significant uptrend at the beginning of the month, with its price surging from less than $0.40 to over $0.63 within a few weeks. However, the momentum seems to have slowed down in mid-July, as the price retraced below $0.55 before climbing back to around $0.60 where it has been consolidating
Solana (SOL) has experienced a significant surge in its price recently, leading to its position as the fourth-largest cryptocurrency by market cap. With a daily increase of almost 5%, SOL is currently trading at around $192, with a market capitalization of nearly $90 billion. This milestone places SOL ahead of Binance Coin (BNB), which has
In a recent speech at the Bitcoin2024 conference in Nashville, former President Donald Trump expressed his support for digital assets and outlined his vision for the US to become a global leader in the crypto space. Trump promised that the US government would not sell the 210,000 Bitcoin it currently holds and would work towards
Donald Trump, the US Republican Presidential candidate, recently attended the Bitcoin 2024 conference in Nashville on July 27. During his appearance, Trump made bold promises to the crypto voters in attendance regarding the US government’s Bitcoin holdings. He stated that if elected, his administration would enforce a policy mandating the US government to retain “100%”
The recent success story of a trader who bought and sold 170.2 billion PEPE coins, making a $1.77 million profit, highlights the potential for huge gains in the meme coin market. However, it also serves as a stark reminder of the volatility and risks associated with trading these assets. While some traders have seen their
NFTs and the cryptocurrencies associated with them have been a hot topic in the crypto world, especially during the bull run of 2021. While interest may have waned slightly, these coins still hold a significant share of the market, with a total capitalization exceeding $30 billion according to CoinGecko. A recent report by Santiment ranked
The Bitcoin market has seen a recent shift in on-chain dynamics, suggesting that miner capitulation may be coming to an end. The Glassnode Hash Ribbon indicator, which measures BTC’s hash rate, has shown a positive cross between the short-term (30-day) and long-term (60-day) moving averages. This indicates that miners are returning to the network and
Ferrari, the renowned Italian luxury sports car manufacturer, recently announced its plans to broaden its cryptocurrency payment system to its European dealer network by the end of July. The company also has ambitions to extend this option to more countries within its global dealership network where digital currencies are legally recognized by the end of