Bitcoin and several major altcoins are trying to start a recovery, but they are likely to be met with significant selling pressure at higher levels.
The five straight days of spot Ether ETF outflows come amid recent data suggesting weakening retail participation in the asset.
Stablecoin payments firm RedotPay said it became a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures.
Favorable policy shifts, growing ETP access, and stablecoin momentum could be the key themes for the crypto market coming into Q4, analysts told Cointelegraph.
SOL price fell to $192 on Thursday, but an upcoming ETF decision may kickstart institutional investor demand and reset Solana’s price momentum.
The exchange-traded fund (ETF) is the second multi-asset cryptocurrency investment vehicle approved for trading in the United States.
Solana futures’ open interest rose to new all-time highs of 72 million SOL as the technical structure displayed weakness, putting $120 back in play.
M2 Capital invested $20 million in Ethena’s ENA token as the protocol’s TVL neared $15 billion, with growing institutional backing from global crypto investors.
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