A modest reversal from Friday evening’s carnage in crypto markets is underway after some calming trade war-related remarks from both Beijing and Washington. The walk-backs began late Saturday when China’s Ministry of Commerce said its rare-earth export controls are not blanket bans, and that eligible applications will continue to receive licenses. The agency further said it expected those controls to …
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Red Uptober? Crypto Liquidations Top $1 Billion as Bitcoin, Ethereum and Solana Erase Gains
October got off to a hot start, but the historically strong month for Bitcoin and crypto prices—called “Uptober” by many investors—hit a roadblock Friday thanks to President Trump’s trade war. And now prices are falling fast as liquidations pile up. More than $1 billion worth of crypto positions have been liquidated over the last 24 hours, per data from CoinGlass, …
Read More »Solana Is the New Wall Street, Says Bitwise CIO, Calling It ‘Extraordinarily Attractive’
Solana’s role in the race to capture tokenized markets won new attention this week when Bitwise CIO Matthew Hougan called it “the new Wall Street.” Speaking with Solana Labs’ Akshay Rajan on Oct. 2, Hougan said global financial leaders increasingly recognize the disruptive potential of stablecoins and tokenization. He noted that the heads of the SEC and Bank of England, …
Read More »Solana Is The New Wall Street For Tokenization
Chief investment officer of crypto asset management firm Bitwise, Matt Hougan, thinks Solana will be the Wall Street network of choice for stablecoins and real-world asset tokenization. “I think Solana is the new Wall Street,” said Hougan, speaking with Solana Labs’ Akshay Rajan on Oct. 2. He added that the Wall Street audiences consider Bitcoin (BTC) “very ephemeral” and “hard …
Read More »‘Two weeks away’ – Solana gains 7% on rising SOL ETF optimism
Key Takeaways When will SOL ETFs be approved? The SEC has until mid-October to decide on the products. What are traders expecting? The Options and Futures market showed short-term caution, but spot market players were actively accumulating. Solana [SOL] recovered by 7% over the weekend amid progress in U.S. Spot ETFs filings. Another wave of updated filings from top issuers …
Read More »Bitcoin, Ethereum, Solana Prices Fall. Crypto Fears Remain After Sharp Selloff. – Barron's
Bitcoin, Ethereum, Solana Prices Fall. Crypto Fears Remain After Sharp Selloff. Barron’s Crypto Traders Bet on Fresh Volatility Post $1.5 Billion Wipeout Bloomberg.com New rout in bitcoin ripples through crypto world today Yahoo Finance Bitcoin (BTC) News: Liquidity Points to $107K as Potential Price Magnet CoinDesk A $1.5B liquidation wave is causing bitcoin and ethereum to fall Business Insider Source link
Read More »Morgan Stanley Will Enable Bitcoin, Ethereum and Solana Trading via E*Trade
In brief Morgan Stanley is planning to offer crypto trading on its E*Trade platform early next year. The banking giant is teaming with crypto and stablecoin infrastructure provider Zerohash on the initiative. Investors will be able initially to trade Bitcoin, Ethereum, and Solana. Morgan Stanley is joining with crypto and stablecoin infrastructure firm Zerohash to enable customers of the Wall …
Read More »Streamer Drained of $31K in Solana Raised for Cancer Treatment After He Downloads Game
In brief Raivo “Rastaland” Plavnieks started livestreaming on Pump.fun to fund treatment for his rare form of cancer. On Sunday, a viewer suggested he should download a Steam game—but it hosted malware that was used to swipe Solana from his wallet. The crypto and online security community rallied behind the streamer to pump his token, donate funds, and track down …
Read More »Dogecoin, Solana and Ethereum Plunge as Crypto Liquidations Near $1.7B
In brief The crypto market retreated sharply Monday morning, with the total market cap dropping to $3.98 trillion. More than 390,000 traders were liquidated, with longs making up the bulk of the $1.68 billion in losses. Dogecoin dropped by 10%, leading losses among the top 10, while Bitcoin held relatively firm in comparison to altcoins amid volatile macro conditions Crypto …
Read More »First US Multi-Asset Crypto ETF Begins Trading With Bitcoin, Ether, XRP, Solana, Cardano – Bitcoin.com News
First US Multi-Asset Crypto ETF Begins Trading With Bitcoin, Ether, XRP, Solana, Cardano Bitcoin.com News New Grayscale ETF holds multiple cryptocurrencies together, combining bitcoin, Solana and others CNBC SEC approves Grayscale’s multi-crypto fund with XRP, SOL and ADA theblock.co Dogecoin, XRP Spot ETFs See Record First-Hour Trading Volumes As SEC Announces New Listing Standards Yahoo Finance Bullish Leads Crypto Exchange Rally After Fed Rate …
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