Three spot cryptocurrency exchange-traded funds for Solana, Hedera, and XRP from issuers Fidelity Investments and Canary Capital have made their way into the Depository Trust & Clearing Corporation’s National Securities Clearing Corporation list ahead of a potential launch that is pending regulatory approval. Summary Fidelity’s Solana ETF and Canary’s XRP and Hedera ETFs were listed…
Ethena Labs has stepped back from Hyperliquid’s USDH stablecoin issuance competition after acknowledging community concerns about its position as a non-native team. Summary Ethena pulled its USDH stablecoin proposal after validators raised concerns about its non-native status and broader ambitions. The rival Native Markets team is now favored to lead stablecoin issuance on Hyperliquid. Ethena…
Figure stock price surged by over 44% after its initial public offering, pushing its market capitalization to over $7.8 billion. Summary Figure Technology stock price jumped after its IPO. The company’s market cap jumped to $7.8 billion. Recent IPOed companies like Klarna, Circle, and Bullish have erased initial gains. Figure stock jumps after IPO Figure…
The XRP price recovery stalled at the key resistance level of $3 as traders awaited the first launch of a spot XRP exchange-traded fund on Friday, Sept. 12. Summary The Rex-Osprey XRP ETF will launch on Friday. It will be the first spot XRP ETF in the United States. The SEC is expected to approve…
Pendle price jumped more than 5% to break above the $5 level amid a notable surge in daily volume, and marched to a new all-time high in total value locked. Summary Pendle price increased more than 5% to $5.10, with daily volume rising 35% to $110 million. Gains in the past 24 hours have helped…
Upexi now oversees a $447 million Solana position, a hoard of over 2 million tokens whose staking yield and strategic acquisition have directly driven a 129% gain in the amount of SOL value attributable to each share since the strategy’s inception. Summary Upexi’s Solana treasury has reached $447 million, with holdings of over 2 million…
Solana’s price has held its ground above the critical $197 support level, maintaining a strong bullish market structure of higher highs and higher lows. The $260 resistance zone now emerges as the next major test. Summary $197 support confirms strong buyer demand on the daily timeframe. Bullish structure with consecutive higher highs and higher lows…
Dogwifhat price has rebounded strongly from critical support at $0.75, a zone reinforced by Fibonacci and volume confluence. With short interest heavily stacked around this level, the probability of a squeeze-driven rally toward $1.40 and possibly $1.80 is increasing. Summary Strong rebound at $0.75 support, backed by value area low and 0.618 Fibonacci confluence. Bullish…
Linea price fell more than 25% today, Sep. 11, erasing millions of dollars in value as its highly anticipated airdrop disappointed. Summary Linea coin price crashed after the highly anticipated airdrop. Key metrics, such as decentralized finance TVL, reached a record high. Other users like stablecoins, fees, and active users have all soared. Linea token…
Starknet, the zero-knowledge-proof layer-2 solution for Ethereum, plans to roll out its Bitcoin staking feature on its mainnet by the end of this month. Summary Starknet plans to roll out Bitcoin staking on its mainnet by the end of September. The Ethereum layer 2 scaling solution is among protocols looking to tap into BTC to…
