Uncategorized

SOLANA HITS $211 & OUTPREFORMS CRYPTO MAJORS!

SOLANA HITS $211 & OUTPREFORMS CRYPTO MAJORS!SOL begins to outperform again in majors, nears $212. SEC, CFTC give guidance for crypto adoption. Strategy buys $449m BTC. Metaplanet to raise $3.8b pref stocks to buy BTC. BMNR buys 17k more ETH, 39k ETH in last week. ETHZilla to deploy $100m in ETH with EtherFi. ETH Foundation…

Business

Coinbase’s New Futures Index Tracks Bitcoin, Ethereum—Plus ‘Mag 7’ Stocks Like Nvidia

In brief Coinbase unveiled a hybrid index called Mag7 + Crypto Equity Index Futures. The futures index tracks Coinbase shares, “Magnificent 7” tech stocks, and Bitcoin and Ethereum ETFs. The product will be available through “partner platforms,” Coinbase said. Coinbase is debuting futures in the U.S. that will simultaneously give traders exposure to cryptocurrencies and…

Markets

Bitcoin, XRP and Solana Bounce Back: Here’s What’s Going On

In brief Bitcoin and other major cryptocurrencies posted gains Tuesday morning, driven by expectations of a rate cut. Experts further attributed the recent uptick to a weakening U.S. dollar, Metaplanet’s 1,009 BTC acquisition, and rise in open interest. Analysts noted that a hawkish commentary post-rate cut decision from the Fed could trigger volatility spikes. The…