Galaxy Digital has purchased more Solana in its latest treasury vehicle push. In another move, FTX Estate redeemed $45 million worth of SOL from staking. Galaxy Digital Expands Its Solana Position On-chain data revealed that Galaxy Digital acquired another 706,790 SOL, valued at roughly $160 million. This brings its 24-hour buying spree to a total […]
Ethereum (ETH) whales raised their holdings by buying $204 million ETH while ETFs received $171 million inflows. This pushed ETH price over $4,400, and this points to a high level of institutional demand. Ethereum Price Soars as Whale Purchases Add to Market Momentum According to blockchain transactions tracker Lookonchain, three newly created wallets received 46,347 […]
Avalanche Foundation aims to raise $1 billion to establish cryptocurrency-focused treasury companies in the U.S. This move from AVAX follows a growing treasury strategy in the market. Avalanche Eyes Major Treasury Push According to the Financial Times, Avalanche is in advanced talks with investors to launch two U.S.-based vehicles designed to accumulate digital assets. One […]
The U.S. Securities and Exchange Commission has extended its review of the Franklin Solana (SOL) and XRP ETFs, setting a new deadline of November 14, 2025. The Commission had already extended its review once before. In April, it pushed back the deadline to June. By mid-June, the SEC opened formal proceedings to determine whether the […]
Crypto traders are bracing for another higher-than-expected August US PPI print, after a hot 0.9% July PPI reading amid sticky inflation. While economists expect the producer price index (PPI) to rise 0.3% month-on-month (MoM), tariffs and renewed geopolitical tensions could raise inflation. Wall Street experts stated that the Fed rate cuts would resume in September […]
The U.S. Securities and Exchange Commission has delayed its decision on whether to approve the Bitwise Dogecoin ETF. The agency announced it will take until November 12, 2025, to make a final ruling. SEC Extends Review of Bitwise Dogecoin ETF Amid Investor Concerns According to the SEC document, the proposal was first filed by NYSE […]
Coinbase has dropped out of the top ten global exchanges holding XRP reserves. This comes amid allegations of potential market manipulation from the exchange. The drop in its holdings comes at a time when global demand for the token is surging. Coinbase Falls Behind in XRP Holdings Data reveals that Coinbase has dropped out of […]
VivoPower International announced that its electric vehicle subsidiary Tembo will now accept Ripple USD (RLUSD) stablecoin for payments. The decision makes Tembo one of the first global vehicle companies to integrate the fast-growing stablecoin. Tembo Adopts RLUSD to Speed Payments and Lower Costs The company said in a press release that the move will reduce […]
XRP and Solana are witnessing a rebound as anticipated amid renewed positive sentiment from institutional investors and expert traders. It follows the rising expectations of three US Fed rate cuts this year after weak jobs reports, with some Wall Street giants estimating a 50 bps rate cut in September. XRP and Solana to Rally on […]
Ethena Labs has secured fresh funding from ArkStream Capital as it expands its ecosystem in decentralized finance. The funding coincides with a 12% increase in the ENA price following the announcement. ArkStream Capital Backs Ethena Labs Again ArkStream Capital confirmed an additional $10 million investment in Ethena Labs. This adds to the $5 million funding […]