Solana staking exchange-traded funds have a promising future on traditional stock exchanges after Bitwise’s fund debut on the New York Stock Exchange surpassed $56 million in first-day trading volume. Matt Hougan, Bitwise chief investment officer, described the Bitwise Solana Staking ETF (BSOL) as “the missing part of the puzzle” in conversation with Cointelegraph’s Chain Reaction … Read more
Crypto exchange Binance is partnering with blockchain data platform Bubblemaps to give users of its non-custodial Web3 Wallet more insight into potential insider trading and token manipulation. The integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps’ blockchain data visualization tool to view token distribution and onchain wallet clusters, aiming to add … Read more
Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Fed rate-cut anticipation sees new record highs for the S&P 500. Bitcoin (BTC) stayed under pressure at Wednesday’s Wall Street open as US stocks hit … Read more
Opinion by: Brian Huang, co-founder of Glider Crypto markets run 24/7. Today’s wallets leave users exposed to constant risk, highlighting the urgent need for automated protections that operate around the clock. While the US stock market closes every weekday at 4:00 p.m. ET, cryptocurrency markets never sleep. As more assets, including stocks, move onchain over … Read more
Brazilian solar power producer Thopen is exploring a move into Bitcoin mining as a way to absorb surplus energy generated by the country’s fast-growing renewable sector, the company’s CEO told local outlet BN Americas. Gustavo Ribeiro, who is CEO of Thopen and its majority owner, Pontal Energy, told BN Americas the company is considering expanding … Read more
Key takeaways: Bull flag breakout and inverse head-and-shoulders pattern target $3 XRP price. A sharp decline in XRP exchange and record outflows signal strong accumulation. 90-day spot CVD turns positive as taker buy volume dominates, indicating sustained demand for a rally. XRP (XRP) is flashing multiple technical and onchain signals suggesting that a rally to … Read more
Nordic crypto exchange Safello is entering the exchange-traded product market with the launch of the first-ever Bittensor (TAO) ETP, developed in partnership with Deutsche Digital Assets (DDA), a crypto asset manager backed by Germany’s Deutsche Bank. The Safello Bittensor Staked TAO ETP (STAO) is scheduled to list on the SIX Swiss Exchange on Nov. 19, … Read more
CoinShares, a major crypto asset management company headquartered in Europe, has launched a new investment product offering exposure to Telegram-linked Toncoin. CoinShares International announced a merger with blank-check company Vine Hill Capital Investment Corp. to launch an exchange-traded product (ETP) on Toncoin (TON). The new product, CoinShares Physical Staked Toncoin, started trading on Switzerland’s primary … Read more
Democratic Party senators have requested that US Attorney General Pam Bondi and the US Department of Justice provide additional information regarding the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump. In an open letter on Tuesday, seven Democratic senators wrote that the pardon “signals to cryptocurrency executives and other white-collar criminals that … Read more
South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc. The Busan-based company signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it called an “organic cooperative framework,” according to a Wednesday report by the Yonhap News Agency. “This … Read more