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SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames.
SOL trades near a key $144.5–$147.7 supply cluster. A breakdown below $144 could trigger a drop to $124 or even $95–$100, where support thins out.
of its first exchange-traded fund (ETF) going live for trading on Wednesday....
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- Category: CryptoCurrency
Read more: SOL ETF news gain vaporizes, while chart warns of another 20% drop
Write comment (99 Comments)Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). ....
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- Category: CryptoCurrency
Read more: SEC authorizes conversion of Grayscale # 039; s large-cap crypto fund into ETF
Write comment (99 Comments)The United States Securities and Exchange Commission (SEC) is reportedly exploring a simplified listing structure for crypto exchange-traded funds (ETFs) that would automate a significant portion of the approval process. ....
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Read more: US regulator thinks about streamlined course to market for crypto ETFs
Write comment (92 Comments)Bitcoin is stuck between $100,000–$110,000 as mid-to-long-term holders lock in profits.
Despite the movement of older coins, one analyst sees this redistribution as typical in bull markets and believes the market is absorbing the selling pressure. ....
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Read more: Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
Write comment (93 Comments)) pulled back to $105,250 on Tuesday after failing to cross above the $109,000 mark on Sunday and Monday. ....
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Read more: Bitcoin at danger of deeper drop as BTC slips below key support levels
Write comment (100 Comments)Connecticut Governor Ned Lamont has signed a bill into law restricting the use of digital assets in state government, including the establishment of a cryptocurrency reserve. ....
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- Category: CryptoCurrency
Read more: Connecticut guv approves law forbiding crypto usage in federal government
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