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Wallet in Telegram joins xStocks Alliance, expanding xStocks reach to another 100 million users 

We’re excited to announce a new collaboration designed to supercharge the adoption of xStocks, the industry’s gold standard for tokenized equities. Together with Backed, Kraken are today partnering with Wallet in Telegram, a digital asset solution natively embedded into the Telegram app, to bring xStocks to one of the largest consumer platforms in the world.   …

Markets

What the Government Shutdown Means for Pending Crypto ETFs

In brief SEC decisions on applications for spot altcoin ETFs are on hold during the government closure. Analysts have been expecting the agency to approve Solana funds early this month. The regulator is weighing more than 90 applications for funds tracking different cryptos, combinations of tokens and digital asset strategies. Investors expecting U.S. Securities and…

Markets

Ethereum or Solana: Which Hits a New All-Time High First?

In brief Ethereum sits 13.8% from its all-time high versus Solana’s steeper 34.12% climb. Prediction market Myriad places odds at 62% that ETH hits a new high before any major drop. Myriad users are bearish at the moment on a new SOL high. Here’s what the charts are looking like. Goodbye “red September,” hello “Uptober.”…

Technology

Anchorage Digital Expands Institutional Access to Solana DeFi With Jupiter Integration

In brief The integration aims to streamline swaps–crypto-to-crypto trades that bypass centralized platforms–and other DeFi processes within Porto’s dashboard. In an announcement,Anchorage noted the “delicate balance” for institutions interconnecting with DeFi to manage dapps. In July, Jupiter announced the introduction of a new lending product. Anchorage Digital said on Tuesday it will add Solana swap…

Markets

Solana ETF Approval Odds Now a Certainty, Eric Balchunas Says

In brief The SEC’s adoption of generic listing standards has made the 19b-4 review clock irrelevant, shifting the approval process to S-1 registrations. Bloomberg analyst Eric Balchunas said Solana’s S-1 just filed its fourth amendment, signaling that approval could come soon. A Solana ETF could trigger speculative buying but may also face a “sell the…