Money App will introduce stablecoin transfers subsequent 12 months utilizing Solana first, regardless of Jack Dorsey’s status as a robust Bitcoin supporter. Solana will deal with USDC funds, whereas Money App concurrently expands its Bitcoin options, together with Lightning assist and merchant-mapping instruments. Analysts say the Solana integration might increaseContinue Reading
Bitcoin traded as little as US$106,398 on Friday morning earlier than recovering to round US$110k. Macro headwinds together with unresolved US-China commerce tensions, persistent inflation considerations, and ongoing authorities shutdown are weighing on investor sentiment. US spot Bitcoin ETFs recorded US$470.7 million in internet outflows, with Constancy’s FBTC and ARK’sContinue Reading
Matt Hougan, CIO at Bitwise, says Solana offers traders two methods to win — the general measurement of the worldwide stablecoin and asset tokenisation markets rising, or Solana rising its share. At present Ethereum dominates these markets, however Hougan believes Solana is poised to extend its market share — heContinue Reading
BSOL’s document debut and follow-up buying and selling day present sustained investor demand for Solana publicity. Different Solana ETFs like GSOL and SSK have smaller volumes, highlighting BSOL’s dominance. Yield by staking and Solana’s community efficiency make BSOL engaging to institutional traders. The Bitwise Solana Staking ETF (BSOL) has continuedContinue Reading
ChinaAMC Solana (3460), the world’s first spot Solana ETF, has been authorized in Hong Kong and can commerce in Hong Kong {dollars}, Chinese language yuan, and U.S. {dollars}. The ETF will use OSL Digital Securities as sub-custodian and digital asset buying and selling platform, benefiting from the issuer’s present operationalContinue Reading
Solana Labs founder Anatoly Yakovenko introduced plans for a brand new, devoted decentralised perpetuals alternate DEX for Solana known as Percolator. Percolator’s structure is break up into two on-chain packages, Router and Slab, designed for parallelism and fault isolation. The transfer goals to sort out rising competitors in perpetuals buyingContinue Reading
Help for the first-generation Saga smartphone has formally ended, placing homeowners susceptible to safety vulnerabilities and app incompatibilities. Saga bought 20,000 models, initially priced at US$1,000 (AU$1,533), later discounted after sluggish gross sales; memecoin airdrops briefly boosted demand. The corporate is now absolutely targeted on the second-generation Solana Seeker, launchedContinue Reading
The CME Group will launch options contracts on Solana and XRP futures on October 13, expanding its crypto derivatives products beyond Bitcoin and Ethereum. This launch is in response to the significant growth and liquidity in its existing Solana and XRP futures markets, with Solana futures trading over US$22.3 billionContinue Reading
Novogratz frames Solana’s rise as cyclical, arguing the network’s speed and ecosystem growth give it an edge in the current market phase. SEC Chair Paul Atkins signals a softer regulatory stance, suggesting most digital tokens shouldn’t be classed as securities and calling for updated rules. Nasdaq’s push into tokenised tradingContinue Reading
Bitwise CIO Matt Hougan has criticised US banks for lobbying against stablecoins, arguing that they should instead increase the interest rates on deposits to compete with the new financial products. Hougan’s comments were a direct response to a Bloomberg report that highlighted the vulnerability of community and regional banks toContinue Reading
