VanEck introduces third American Solana Staking ETF

TLDR VanEck introduces the third US Solana staking ETF, VSOL, alongside Bitwise and Grayscale. VSOL is offering strike rewards and waiving the 0.3% management fee until February 17 or $1 billion in assets. Fidelity’s Solana ETF (FSOL) is about to launch, further increasing competition in the Solana ETF market. Grayscale’s Dogecoin ETF could debut on […]

White House Revises Rule on IRS Access to Offshore Crypto Data

Will the White House proposal give the IRS broader access to offshore crypto data as agencies push for stricter tax oversight? Summary The White House is reviewing a proposal that would give the IRS access to U.S. taxpayers’ crypto activities on foreign platforms. This move follows a previous administrative report that recommended alignment with global […]

Bitcoin hemorrhages $1.38 billion as traders rush to bearish bets, while Ethereum hits even harder

Sui, Litecoin and Cardano attracted modest inflows despite broader market weakness. In digital asset investment products, $2 billion left the market last week, the largest outflow since February. It was also the third straight week of negative flows, bringing the combined total to $3.2 billion. CoinShares attributed the downturn to continued uncertainty over monetary policy, […]

Ethereum Breaks the $3K Bottom as Bears Push for Additional Downsides

The Ethereum price did not stay above $3,150 and caused long-term losses. ETH is down more than 5% and could struggle to recover above $3,200 in the near term. Ethereum started a new decline after failing to stay above $3,150. The price is trading below $3,100 and the 100-hourly Simple Moving Average. A major bearish […]

BNB drops below $900, but on-chain data shows a hidden bullish divergence

On the surface, the chart for BNB looks bleak. It is testing a key support level around $900, down more than 30% from October highs, and technical weakness appears to be accelerating. However, this USD price drop can be a misleading picture. While the entire crypto market is selling off in a broad ‘risk-off’ move, […]

121 billion Shiba Inu coins from exchanges, where do they go with falling prices? | Bitcoinist.com

Trusted editors content reviewed by leading industry experts and seasoned editors. Advertising Disclosure New On-Chain Data Shows There Were 121 Billion Shiba Inu (SHIB) Coins moved from crypto exchanges within 24 hours, extending a series of major withdrawals recorded during this month. The movement takes place at a time when the SHIB price is strugglingwhich […]