Canary Capital has submitted the first application for a Solana Staking Exchange-Traded Fund (ETF) in the United States, incorporating Marinade Finance’s staking protocol. This novel ETF structure aims to provide investors with exposure to Solana’s price movements combined with staking… Read More »Canary Capital Files First U.S. Solana Staking ETF with Marinade Finance Integration
First Force is introducing a collection of 10,000 unique Soulbound Tokens (SBTs) on the TON ecosystem, inspired by the TAC community. These non-transferable tokens will be permanently bound to holders’ wallets, aiming to strengthen digital identity and user engagement within… Read More »First Force Launches 10,000 Soulbound Tokens on TON Ecosystem to Enhance Digital Identity
ProShares and Bitwise Asset Management have filed with regulators for new exchange-traded funds (ETFs) linked to shares of Circle Internet Group, capitalizing on overwhelming institutional interest following the stablecoin issuer’s landmark public listing. ProShares filed for the ‘Ultra CRCL ETF,’… Read More »ProShares and Bitwise File New ETFs Linked to Circle Stock Following IPO Success
Bitcoin approaches a critical $110,000 resistance level amid shifting market dynamics, with investor sentiment entering the ‘Greed’ zone signaling potential overbought conditions. The cryptocurrency’s immediate trajectory hinges significantly on macroeconomic catalysts, particularly the upcoming Consumer Price Index (CPI) report. The… Read More »Bitcoin Nears $110K Resistance as CPI Report and Greed Sentiment Shape Market Outlook
Binance founder Zhao Changpeng has officially designated June 9 as ‘DeFi Day’, highlighting decentralized finance’s transformative potential during heightened regulatory discussions. The announcement marks a pivotal moment for the sector as U.S. regulators increase engagement with DeFi innovators. The U.S.… Read More »Binance Founder Declares ‘DeFi Day’ Amid SEC Regulatory Engagement
Bitcoin spot trading activity on centralized exchanges has plummeted to levels not witnessed since October 2020, signaling a significant shift in investor behavior away from active trading. This decline coincides with the rising dominance of U.S.-listed spot Bitcoin exchange-traded funds… Read More »Bitcoin Spot Trading Volume Hits Four-Year Low as Investors Embrace Long-Term Holding and ETFs
BlackRock’s iShares Bitcoin Trust (IBIT) has achieved $70 billion in assets under management—faster than any ETF in history—demonstrating unprecedented institutional demand for Bitcoin exposure. The fund reached this milestone in just 341 trading days, significantly outpacing established traditional ETFs like… Read More »BlackRock’s Bitcoin ETF Shatters Records with $70B AUM Milestone in Historic 341 Days
Ripple has unveiled a $200,000 grant initiative to support early-stage blockchain projects building on the XRP Ledger (XRPL) in Japan. The program specifically targets innovation in decentralized finance (DeFi), tokenization, and digital payments ecosystems. The initiative receives institutional backing from… Read More »Ripple Launches $200,000 Grant Program for XRPL Startups in Japan with JETRO Support
Société Générale-Forge has introduced USD CoinVertible (USDCV), a new US dollar-pegged stablecoin operating on both the Ethereum and Solana blockchains. The stablecoin is backed by reserve assets safeguarded by BNY Mellon and designed to facilitate 24/7 fiat-to-stablecoin conversions. USDCV aims… Read More »Société Générale-Forge Launches USD CoinVertible Stablecoin on Ethereum and Solana
Canary Capital has registered a Delaware trust for a staked Injective (INJ) exchange-traded fund (ETF), signaling potential U.S. market entry for staking-focused cryptocurrency investment products. The trust, named ‘Canary Staked INJ ETF,’ aims to provide investors with exposure to staking… Read More »Canary Capital Files for Staked Injective ETF Trust in Delaware, Expands Staking Product Suite
Solana (SOL) has established short-term support near the $152 level, but its upward momentum faces significant hurdles due to persistently weak trading volume and cautious market sentiment. Technical indicators point to underlying weakness. The Money Flow Index (MFI) and On-Balance… Read More »Solana Price Faces Resistance Despite Short-Term Support, Indicators Signal Uncertainty
Pimco strategist Tim Murray has indicated that the Federal Reserve is expected to maintain its current monetary policy stance for the foreseeable future. According to Murray, the central bank is unlikely to cut interest rates until uncertainties surrounding tariffs subside… Read More »Pimco Strategist: Fed Policy on Hold Amid Tariff Uncertainty, Labor Market Strength
Ripple has unveiled a $5 million expansion of its University Blockchain Research Initiative (UBRI) across the Asia-Pacific (APAC) region to accelerate blockchain innovation and academic development. The funding will establish new partnerships in Taiwan and Australia while reinforcing existing collaborations… Read More »Ripple Expands APAC Blockchain Education with $5 Million UBRI Funding Boost
Cardano has initiated a comprehensive upgrade of its node architecture, introducing modular designs and multiple node implementations to strengthen network resilience and scalability. The overhaul directly addresses systemic vulnerabilities stemming from reliance on a single dominant node client by developing… Read More »Cardano Overhauls Node Architecture to Enhance Decentralization and Scalability
Bitcoin spot exchange-traded funds (ETFs) recorded net inflows totaling $386.27 million, coinciding with Bitcoin’s decisive break above the $105,000 resistance level. The cryptocurrency closed near $110,263, reflecting robust market momentum and renewed investor confidence. Fidelity’s FBTC fund led the inflows,… Read More »Bitcoin ETFs Attract $386 Million Inflows Amid BTC Surge Past $105,000
Société Générale’s digital asset subsidiary, Société Générale-Forge, has expanded its stablecoin offerings with the introduction of USD CoinVertible (USDCV), a new stablecoin pegged 1:1 to the US Dollar. USDCV is now live on both the Ethereum and Solana blockchains, providing… Read More »Société Générale-Forge Launches USD CoinVertible (USDCV) Stablecoin
The Smarter Web Company has significantly increased its Bitcoin reserves by acquiring an additional 45.32 BTC for £3.509 million, elevating its total holdings to 168.08 BTC. This transaction was executed at an average price of £77,400 per Bitcoin, forming part… Read More »The Smarter Web Company Expands Bitcoin Holdings to 168.08 BTC with £3.5 Million Purchase
Metalpha has conducted a significant on-chain transaction involving the deposit of 18,000 ETH as collateral into the Spark protocol. This collateralization enabled the borrowing of 12 million USDS and 8 million DAI stablecoins. The borrowed stablecoins were subsequently converted into… Read More »Metalpha Executes Major ETH Collateralization on Spark Protocol, Redeploys Funds to Binance
Bitcoin’s price is currently trading near its historic peak of $111,970, yet the market lacks strong catalysts to decisively breach this level. This proximity to the record high leaves the asset susceptible to potential short-term price corrections. Long-term investors who… Read More »Bitcoin Nears All-Time High Amid Uncertainty, Holder Decisions Loom Large
Asset management firm Canary Capital has taken a significant step toward launching a novel cryptocurrency investment product by establishing the ‘Canary Staked INJ ETF’ trust in Delaware. This preparatory move precedes potential regulatory filings with the U.S. Securities and Exchange… Read More »Canary Capital Forms Delaware Trust for Proposed Injective (INJ) Staked ETF