Solana (SOL) has reclaimed the $200 mark after falling to around $155 in late July, following the renewed interest in the market amid the ongoing altcoin season rally. According to CryptoSlate’s data, the digital asset rose by more than 14% in the last 24 hours from $175 to as high as $202 as of press…
Standard Chartered has lifted its year-end price target for Ethereum to $7,500 from $4,000, citing a stronger industry backdrop and new demand from corporate treasuries. Per Reuters, the bank also raised its 2028 projection to $25,000 from $7,500. Ether was trading at about $4,679 on Wednesday, levels last seen in November 2021. The revision marks…
Google search activity for “altcoin” has reached its highest level in five years, matching interest levels last seen during Ethereum’s foundation. The surge coincides with a shift in market structure as Bitcoin’s share of the total crypto market has slipped toward 60% after peaking mid-summer, a pattern that has often preceded periods of stronger performance…
Bitcoin rose 0.5% to $119,000 and Ethereum gained more than 5% to $4,400 after July U.S. CPI showed a 0.2% month-over-month increase and a 2.7% annual rate, with core CPI up 0.3% on the month and 3.1% on the year. The release at 1:30 P.M. Eastern reflected a mixed profile. Headline CPI decelerated on the…
Futures-based exchange-traded funds tied to Solana and XRP have accumulated almost $3 billion in assets under management amid market anticipation for potential spot ETF approvals. The momentum has been fueled by new leveraged products, a surge in derivatives positioning, and demand for yield-oriented structures. Futures Solana ETF (Source: The Block) In early 2025, a leak…
REX Osprey Solana (SOL) exchange-traded fund (ETF) recorded zero trading activity on four of six trading days through August 8, according to Farside Investors data. Trading under ticker SSK, the fund posted no flows on Aug. 1, Aug. 4, Aug. 5, and Aug. 7, with minimal $6.4 million in activity on Aug. 8 and $2.7…
Bitcoin (BTC) trades in a critical range ahead of the Consumer Price Index (CPI) release on Aug. 12. A recent “Bitfinex Alpha” report positioned BTC for either a breakout to new all-time highs or a retracement toward $110,000 support levels. The Aug. 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events…
S&P Global Ratings has issued its first credit rating for a decentralized finance protocol, assigning Sky Protocol a B-minus with a stable outlook. The rating, published August 8, applies to the protocol’s stablecoin liabilities, including USDS and DAI, as well as their interest-bearing versions, but does not extend to governance tokens. The move establishes a…
Bitcoin’s recent rally has seen the leading digital asset breach $122,000, though it still falls short of its July 2025 peak of $123,000. According to CryptoSlate’s data, Bitcoin rose by over 3% in the past 24 hours, reaching a high of $122,321 before slightly retracing to $120,749 at the time of writing. Despite the minor…
The U.S. Securities and Exchange Commission’s approval of in-kind creations and redemptions for spot Bitcoin and Ethereum exchange-traded funds on July 29 has altered how authorized participants interact with these products, permitting direct transfers of digital assets rather than cash. This structural change is expected to reduce tracking error and bid-ask spreads, bringing the operational…