Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

BlackRock moved roughly 4,044 BTC and 80,121 ETH (~$589 million total) from Coinbase to addresses it controls over three days, according to on-chain analytics from Arkham and Onchain Lens. Transfers included multi-batch deposits (eg. 300 BTC batches and rapid ETH deposits). The buying coincided with strong ETF flows into BlackRock’s products: iShares Bitcoin Trust (IBIT) saw about $43M in net inflows and iShares Ethereum Trust (ETHA) about $50.2M, per SoSoValue. BlackRock’s reported crypto holdings are now near 765,000 BTC and 3.74M ETH, with crypto AUM roughly $70B. The activity reflects rising institutional allocation to digital assets in 2025 and greater on-chain movement by large custodial players. For traders: sizable institutional accumulation can reduce available spot supply, tighten liquidity and support near-term bullish momentum for BTC and ETH while raising short-term volatility. Monitor ETF flow reports, Coinbase custody transfers and on-chain whale activity, and watch price reactions around key levels (BTC near $91k, ETH near $3k) for trade signals.

Bitwise’s Solana ETF (BSOL) recorded zero net inflow on Friday, Nov. 28, marking a pause after weeks of heavy demand. Data from Farside Investors show the halt follows large daily subscriptions earlier in the week—$39.5m on Nov. 24 and $31m on Nov. 25—bringing BSOL’s cumulative assets to $527.9m, the largest among Solana ETFs. Despite Bitwise’s inactivity, the broader Solana ETF complex still attracted $5.3m in total inflows that day: Fidelity’s Solana ETF added $2.4m (cumulative $32.2m) and Grayscale’s Solana ETF added $4.3m (cumulative $77.9m). Analysts view the zero inflow as a temporary recalibration after an aggressive inflow streak rather than a sign of lasting investor flight. Key points for traders: BSOL remains the dominant Solana ETF by assets; short-term flows can be volatile after concentrated subscription days; other issuers continue to receive modest inflows, keeping overall Solana ETF demand positive.

SAHARA, the native token of Sahara AI, plunged about 45% intraday, falling to an intraday low of $0.0346 (Binance) and trading around $0.04426 — roughly 45.6% below its 24‑hour high of $0.08141. The drop occurred shortly after a scheduled token unlock (plotted for Nov. 26, 2025), raising concerns about increased circulating supply and selling pressure; roughly 75% of SAHARA tokens remain locked according to prior analysis. Technical analysis from Bitget Insights cited a rejection of an ascending trendline and a break below horizontal support as bearish signals. Major backers such as Pantera Capital and Polychain are noted investors, but the Sahara AI team has not issued an official response to the price movement. Key implications for traders: elevated short‑term downside risk due to unlocked supply and negative technical momentum; monitor future unlock schedules, on‑chain transfer activity, exchange inflows, and any official communications from the project for signs of capitulation or stabilization.

Bitmine, an operations-focused company centered on Ethereum-based data-as-a-transaction (DAT) infrastructure, has purchased additional ETH to expand its Ether-centric operations. The move increases Bitmine’s ETH holdings and signals a strategic focus on staking and on-chain services tied to Ethereum. The acquisition may fund increased node operations, validator capacity or custodial services within the ETH ecosystem. Key details reported include the fresh ETH buy (amount not specified in the source), the company’s stated emphasis on ETH infrastructure and DAT use cases, and expectations that the firm will scale validator or staking-related activities. Market observers note such corporate accumulation can tighten circulating supply and reflect institutional confidence in Ethereum’s fundamentals. Relevant keywords: Bitmine, Ethereum, ETH acquisition, staking, validator, DAT, crypto infrastructure.

CryptoAppsy is a lightweight iOS and Android crypto tracking app that delivers low-latency market data, portfolio management and smart push alerts designed for both novice investors and active traders. The app aggregates exchange feeds and refreshes prices every five seconds to provide real-time token prices and immediate notifications. Core features include multi-currency portfolio tracking with automatic P/L updates in major fiats (USD, EUR, TRY, and others), a unified panel showing favourites, portfolio value and alerts, curated multilingual news (Turkish, English, Spanish) with filters for portfolio coins, and an Index that lists newly launched tokens as exchanges add them. Additional features highlighted include live broadcasts, weekly event listings, daily reward opportunities, no-registration access, and lightweight performance on older phones. User ratings cited are high (5.0 App Store, 4.5 Google Play). For traders, the key benefits are faster reaction to price moves, timely arbitrage or entry/exit opportunities via smart alerts, and simplified portfolio monitoring to reduce information lag. Standard risk disclaimer applies: this is not investment advice and users should perform their own research.

US trading hours have become the primary driver of a short-term recovery in Bitcoin (BTC), Ethereum (ETH) and XRP. Session-based on-chain data from Velo shows US hours shifted from modestly negative to strongly positive between Nov 24–26, pushing BTC above $90,000, ETH back over $3,000 and XRP up about 14% to roughly $2.18. Europe displayed uneven, muted buying while APAC sessions remained the main source of sell-side pressure (typically between -5% and -7% for the week). The regional imbalance—US net buying vs. Asian net selling—has reduced recent downward momentum but has not restored all prior losses. Key data points: US session gains rose from ~2% to 7.55% (Nov 24–26); Europe peaked near 3.31% but ended the week close to flat; Asia stayed negative most of the week. Traders should watch US session flow, APAC selling pressure, and whether broader market catalysts sustain demand beyond session-driven moves.

CoinShares withdrew its Form S-1 for a proposed Solana Staking ETF on November 28, 2025, stating the planned transaction “was ultimately not effectuated” and confirming no shares were issued or sold. The withdrawal also affected proposed XRP and Litecoin funds. Despite this setback, Solana (SOL) price remained resilient, trading near $137 and holding above key support at $130 while consolidating below $150 resistance. Market technicals were neutral (RSI ~47, MACD flat) and 24-hour volume reached about $4.06 billion. Corporate treasuries have steadily accumulated Solana throughout 2025, pushing total holdings past 16 million SOL by November. Competing staked-SOL products saw strong demand: Bitwise’s staking ETF debuted in October with $223 million on day one, and combined staked-SOL inflows reached roughly $369 million in November. Network fundamentals — including high throughput — and attractive staking yields (estimated 6–8% annually) helped offset the negative headline. Traders should watch $130 support and $150 resistance; near-term price action may stay range-bound as the market digests ETF developments and ongoing institutional accumulation.

Interpol has classified crypto-enabled fraud linked to human trafficking as a global criminal threat after adopting a resolution at its General Assembly. Investigations reveal transnational scam centres that recruit victims with fake high-paying job offers, then coerce them into running voice-phishing, romance scams, investment fraud and cryptocurrency fraud. Victims from more than 60 countries have been trafficked into these centres, which increasingly overlap with drug, firearms and wildlife trafficking. Interpol proposes real-time intelligence sharing, multinational joint operations, targeting of illicit finance and assets, standardized rescue protocols and awareness campaigns for vulnerable groups. The agency led its largest operation in 2024 across 116 countries, yielding 2,500+ arrests. Interpol Secretary General Valdecy Urquiza stressed strengthening collaboration and information sharing to dismantle these networks. The resolution arrives amid Interpol’s continuing pursuit of high-profile crypto suspects and follows prior notices (Purple and Orange) warning about social-media recruitment and trafficking-driven fraud.

XRP’s strong performance in November has produced mixed signals for traders. While the token saw renewed buying interest and notable price appreciation, on-chain metrics and market structure indicate a split between retail enthusiasm and institutional hesitancy. Separately, RLUSD — a new or expanding stablecoin/liquidity instrument tied to the Ripple ecosystem — is drawing attention after announcements of broader distribution and utility, which could affect XRP’s demand dynamics. Key takeaways: XRP recorded a pronounced November uptick, accompanied by higher trading volumes and short-term momentum indicators. However, on-chain flows showed uneven accumulation with spikes in exchange inflows at times, suggesting profit-taking risk. RLUSD’s expansion may increase utility within Ripple-linked rails, potentially creating additional demand for XRP as a settlement or liquidity asset, but it could also provide on-chain alternatives that dilute direct XRP use depending on implementation. Traders should watch liquidity metrics, exchange balances, open interest in derivatives, and sentiment indicators; short-term volatility is likely, while medium-term direction will depend on adoption signals for RLUSD and institutional participation in XRP. Primary keywords: XRP, RLUSD, Ripple, stablecoin, crypto trading. Secondary keywords: volume, on-chain flows, exchange inflows, price momentum.

Cardano’s governance reached a new milestone as its “Cardano Critical Integrations Budget” proposal secured Delegated Representative (DRep) approval in under two days — the fastest DRep-approved proposal in Cardano’s history. Submitted on Nov. 27, the proposal requests a 70 million ADA treasury allocation to fund coordinated, ecosystem-critical integrations. Cardano community member and DRep/SPO Jaromir Tesar highlighted the rapid approval on X (Twitter). At the time of reporting (Nov. 29, 2025), ADA traded near $0.41 with a market cap around $18.75 billion and a short-term support noted near $0.40. The vote signals increased governance efficiency and active DRep participation, underlining Cardano’s model of decentralized treasury management and on-chain decision-making. Traders should note the large treasury withdrawal for development may boost long-term fundamentals, while short-term price movement remains tied to broader market dynamics.

XRP has stabilized above the $2.00 support after earlier dips below $1.80, trading around $2.20–$2.25 and pressured by the 21‑day simple moving average (SMA). Short‑ and mid‑term charts diverge: daily bars sit below downward‑sloping moving averages, while the 4‑hour frame shows price above rising short‑term averages. Doji candlesticks and flat 21‑ and 50‑day SMAs point to indecision and sideways action. Key levels to watch: support at $1.80 and $1.60; resistance at $2.40 (50‑day SMA), $2.80 and $3.00, with an extension target near $3.10–$3.40 if buyers decisively clear the 21‑day SMA and the $2.60–$2.80 zone. For traders, the market remains range‑bound until a clear breach of the 21‑day SMA and the $2.60–$2.80 resistance zone confirms bullish continuation. This is author opinion and not investment advice.

American consumers spent a record $11.8 billion online on Black Friday 2025, a 9% increase from 2024’s $10.8 billion, according to Adobe Analytics. Peak spending hit about $12.5 million per minute between 10:00 and 14:00. Adobe projects total U.S. holiday spending of $253.4 billion for 2025. Salesforce reported $79 billion in global Black Friday sales, with $18 billion from the U.S.; higher prices (up ~7% on average) drove dollar growth while order volumes fell ~1%. Cyber Monday is forecast to surpass Black Friday, with Adobe projecting $14.2 billion in online sales. In-store traffic data is mixed: RetailNext shows a 3.4% nationwide decline, while Pass_by reports a 1.17% increase overall and a 7.9% rise for department stores. Both Adobe and Salesforce highlight growing AI influence on shopping — Salesforce estimates AI and AI agents influenced about $22 billion in global sales between Thanksgiving and Black Friday — suggesting personalization and recommendation engines are accelerating online conversion. Traders should note the e‑commerce acceleration, price-driven revenue growth, concentrated peak-hour activity, and rising AI-driven retail optimization when assessing consumer-facing crypto and payments plays.

Bitcoin’s mining difficulty is forecast to increase at the next adjustment (around Dec. 11, block ~927,360), rising slightly from about 149.30 trillion to 149.80 trillion, according to CoinWarz. This follows a recent drop from 152.2 trillion to 149.3 trillion that produced an average block time just under 10 minutes. Miner revenue pressure remains acute: hashprice — expected miner earnings per PH/s per day — is hovering near record lows (~$38.3 per PH/s/day) and below the rough $40 break-even threshold. Hashprice briefly hit a record low below $35 on Nov. 21. Ongoing industry headwinds include rising energy costs, regulatory restrictions and potential supply disruptions tied to geopolitical scrutiny of major ASIC maker Bitmain by U.S. authorities. Bitmain supplies roughly 80% of ASICs; U.S. probes or restrictions could tighten hardware availability and raise costs. For traders, a rising difficulty amid low hashprice suggests compression of miner margins, potential sell pressure from miners (especially smaller or older-gear operations), and heightened sensitivity of BTC market dynamics to energy/regulatory news. Key data points: next adjustment date (~Dec 11), projected difficulty 149.80T (from 149.30T), current hashprice ~$38.3/PH/s/day, break-even ~ $40/PH/s/day, record low hashprice < $35 on Nov 21, Bitmain ~80% market share.

Bitcoin Capital launched a Bonk (BONK) exchange-traded product (ETP) on Switzerland’s SIX exchange, marking a step toward institutionalised exposure to memecoins. The listing coincides with renewed interest following Dogecoin’s U.S. ETF activity. BONK surged 9.24% on the week, outpacing Bitcoin and pushing the BONK/BTC pair up 4.57% after five losing weeks. Analysts at COINOTAG report roughly 4.1 trillion BONK tokens in large buy orders around the listing, suggesting significant smart-money participation. However, caution persists: Grayscale’s Dogecoin ETF (GDOG) saw a weak debut with only $1.4 million in first-day volume and $2.16 million net inflows, highlighting uncertain demand for memecoin ETPs. The article notes the wider memecoin sector remains depressed from 2024 highs (examples: PEPE down ~83%, FLOKI down ~85%, WIF down ~92%), emphasising high volatility and downside risk despite short-term rotation into high-beta assets. Traders should watch ETP inflows, BONK/BTC performance, and regulatory developments; the listing improves accessibility and legitimacy but does not remove inherent memecoin risk.

On the eve of 21Shares’ U.S. spot XRP ETF (ticker: TOXR) beginning trade, on-chain data shows a synchronized, large-scale decline in XRP balances across major exchanges. Total exchange-held XRP fell to 15.86 billion — a drop of 6.5 billion XRP (29%) since February. Major outflows included 6.22 billion from Upbit, 2.56 billion from Binance and 1.77 billion from Bithumb; several other platforms reported roughly 50% declines. Some exchanges reported anomalous inflows or address reclassifications (Coincheck +550M XRP; OKX spike attributed to reclassification). Coinbase, KuCoin, Paribu and SwissBorg showed near-total XRP withdrawals. The ETF will track the CME CF XRP–USD Reference Rate and offers spot exposure without direct custody; it follows recent U.S. XRP ETF launches (Grayscale, Franklin Templeton) that saw strong initial flows (GXRP $67.36M, XRPZ $62.59M on day one). XRP price was $2.19 at press time (+0.75% 24h, +13.6% 7d; market cap ~$132B). Technical levels flagged by analysts: bullish above $2.60 and $3.40, bearish if price closes below the 21 EMA. For traders: monitor exchange balances, ETF inflows/outflows and the key technical levels — large exchange withdrawals can tighten liquidity and amplify price moves around ETF demand events.

GeeFi (GEE) completed Phase 1 presale in roughly 12 days, selling all 10 million Phase 1 tokens and raising $500,000, with $320,000 raised in the final week. Phase 2 has begun at $0.06 per GEE, showing an immediate ~20% uplift; project materials cite a planned listing price of $0.40. GeeFi markets a non-custodial multi-chain wallet (Android available, iOS forthcoming), a GeeFi HUB and DEX, and a staking program advertised with up to 55% APR. The team claims support for 14+ networks, a referral bonus of 5% in GEE, and ongoing development since 2023. Analysts referenced in the release project aggressive upside (examples include claims of GEE reaching $2), and predict rapid progression to Phase 3. Separately, Solana (SOL) faced selling pressure, down about 3% as it struggles to clear resistance near $144 amid debate over a proposed cut to staking rewards and despite ETF-related inflows reported elsewhere. The piece is a paid press release and advises readers to perform independent due diligence.

Bitcoin faces sustained selling pressure around $90,000 as short- and mid-term indicators turn bearish. On-chain data shows a whale sold 500 BTC (≈$45.37M), crystallizing a loss of about $10.5M after buying at ~$111,899 per BTC in October. Short-term holders realized roughly 10,200 BTC in losses while long-term holders realized over 2,237 BTC, signaling depth and duration to the downturn. Technicals are weak: BTC trades below the 20-, 50-, 100- and 200-day moving averages and the DMI shows -DI (~41) >> +DI (~16), indicating dominant downward momentum. Support near $86,497 is possible if losses continue; upside resistance tests include EMA20 (~$92,942) and EMA50 (~$100,131) should mega whale buying absorb selling pressure. Notably, the largest wallets (“mega whales”) accumulated a net ~103,000 BTC over three days, returning balances to mid-October levels — treating the dip as a buying opportunity. U.S. spot Bitcoin ETFs posted modest inflows, suggesting institutional dip-buying interest remains but hasn’t yet restored market confidence. For traders: expect continued volatility and asymmetric order flow — short-term bearish bias until technicals and realized selling abate, while concentrated accumulation by mega whales and ETF inflows create potential medium-term bullish catalysts if buying persists.

Cardano’s governance proposal requesting a 70 million ADA “Critical Integrations Budget” has secured 53.14% support from delegated representatives (DReps) and is trending toward approval ahead of the December 30 deadline. The fund — backed publicly by Charles Hoskinson and major ecosystem entities (Input Output HK, EMURGO, Intersect, Midnight) — aims to onboard tier‑one stablecoins, institutional custody, analytics, bridges and price oracles to boost DeFi and real‑world asset activity. Voting snapshot: 2.94 billion ADA (53.14%) in favor, 7.89 billion ADA abstaining, 173.56 million ADA (3.14%) against, and ~2.59 billion ADA (43.72%) not yet voted; Constitutional Committee members have not yet voted. Market reaction: ADA traded around $0.41 after a 2% intraday drop, down from a weekly high of $0.44. Derivatives data from Coinglass shows $43M in long positions vs $40M in shorts; a concentrated $22M short cluster sits at $0.44, creating a significant resistance/sell‑wall. Analysts say ADA is unlikely to clear $0.45 without higher volume; the $0.44 liquidity pocket could cause either a volatile breakout (squeezing shorts) or a strong rejection. Key keywords: Cardano, ADA, governance vote, sell‑wall, derivatives, Coinglass, Hoskinson, treasury budget.

BlackRock’s spot bitcoin ETFs have become the firm’s top revenue source, driven mainly by the U.S. listed IBIT (launched January 2024) and Brazil’s IBIT39. According to Cristiano Castro, BlackRock Brazil’s business development director, allocations to the bitcoin ETFs are approaching $100 billion across products. IBIT reached roughly $70 billion in assets in a record 341 days, drawing over $52 billion in net inflows in its first year and generating an estimated $245 million in annual fees as of October 2025. IBIT now holds over 3% of bitcoin’s circulating supply. BlackRock has also increased internal exposure: its Strategic Income Opportunities Portfolio raised its IBIT stake by 14%. Company growth is attributed to broad global distribution and heightened institutional interest after U.S. approval of spot bitcoin ETFs. Castro noted that outflows from retail-driven price drops are normal and ETFs offer liquidity for flow management. No comment was available from BlackRock at the time of reporting.

Solana (SOL) held above $135 after 21Shares withdrew its Solana staking ETF application, a move that briefly dented sentiment but did not derail bullish positioning. Derivatives data show traders added roughly $12.5 million in notional bullish leverage to defend the $135 support; open interest rose 1.7% while the 8-hour funding rate flipped positive at 0.0027%, indicating bulls paid premiums to maintain long exposure. Long-to-short ratios hovered near 1.0, suggesting leverage additions came from longs covering rather than short accumulation. ETF flows reversed on Friday with $5.3 million of inflows after Thursday’s $8.3 million outflow, ending a one-day drawdown in a 22-day inflow streak since SEC approvals earlier in the year. Technically, SOL trades inside a falling wedge; a confirmed breakout above the upper trendline (daily close above ~$143 and breakout past $150–$152) could target $200–$220 (≈62% upside from current levels). Downside risk includes a retest near $120 (~29% downside). Key takeaways for traders: derivatives show active bullish defense via leverage and positive funding, ETF flows remain net supportive after a quick reversal, and technicals signal a defined breakout target if resistance is cleared. This is market reporting, not investment advice.

The European Central Bank (ECB) has formally rejected adding Bitcoin (BTC) to its official reserves, saying the cryptocurrency fails to meet reserve criteria for liquidity, safety and long-term reliability. The decision underscores the ECB’s preference for traditional reserve assets such as gold and foreign currencies. The ruling comes as the EU readies its Markets in Crypto-Assets (MiCA) framework, due for full implementation in 2025; regulators and analysts expect MiCA to standardize oversight of exchanges, stablecoins and custody, which may boost institutional confidence but is unlikely to change the ECB’s stance immediately. The article notes Europe accounted for roughly 12% of global crypto transaction volume in 2024 (Chainalysis data) and cites expectations that clearer rules by mid-2025 could enable more compliant digital products, particularly fully backed euro stablecoins. Key takeaways for traders: ECB’s public rejection reinforces a conservative regulatory tone in Europe, may limit near-term institutional reserve buying of BTC, and keeps macro-driven volatility in focus; MiCA implementation is a medium-term catalyst that could incrementally increase institutional participation in regulated crypto products.

Hyperliquid confirmed a scheduled unlock of 1.75 million HYPE tokens for developers and core contributors — roughly $60.4 million at current prices — as part of its pre-announced vesting plan near the one-year anniversary of its large airdrop. The team reiterated there are no investor allocations because Hyperliquid raised no venture capital. On-chain data show minimal immediate outflows from vested wallets, and the market reaction was muted (HYPE dipped ~4.6%). HYPE has fallen about 42% from its September all-time high of $59.40 and trades below its 200‑day moving average after heavy October volatility, including a 54% single-day drop. Analysts noted the unlock was largely priced in; however, developer allocations can still create periodic selling pressure if contributors choose to liquidate. Hyperliquid’s DEX and custom Layer‑1 for high-throughput perpetuals report strong revenue and unusually high throughput (claimed handling of ~$330 billion monthly volume), and the project completed a major 270 million token airdrop in November 2024. Key actors referenced include pseudonymous developer iliensinc and analyst Arthur Hayes. Actionable takeaways for traders: watch vesting schedules, on-chain wallet flows and volume metrics; the transparent tokenomics (no investor unlocks) reduce the chance of a surprise, large-scale dump, but short-term volatility around team or contributor sells remains possible.

Buyback activity in the crypto market surged over the past 30 days, with protocols repurchasing more than $183 million in total. The top three projects by buyback volume were HYPE ($81.02M), ASTER ($52.88M) and PUMP ($22.46M). Other notable buybacks included MPLX ($8.43M), GMX ($6.12M), RAY ($4.73M), LINK ($3.21M), JUP ($2.65M) and AAVE ($1.96M). Reporters note most buybacks are funded from protocol revenues. ASTER is highlighted for combining aggressive buybacks with token burns. Buyback velocity has accelerated month-on-month, especially among Layer‑2 and next‑generation DeFi protocols, with some projects recording up to 40% increases versus the prior 30 days. Traders should watch buyback-driven supply reductions and tokenomics changes, which can create short-term price support and influence liquidity and market sentiment. This is not investment advice.

This week’s deal roundup highlights corporate moves across sectors that could affect market sentiment. Key items: CAE saw a 1.3% share rise amid takeover speculation for the Canadian aerospace and defense firm. Naver Financial plans to acquire South Korea’s Dunamu (crypto exchange operator). Bed Bath & Beyond continues asset-sale and restructuring activity as it manages liabilities. Sinclair, NatWest Group and other firms also reported notable deal-related developments and strategic transactions. The story collection covers M&A rumors, strategic acquisitions, divestitures and restructuring steps — all items that may influence investor positioning, sector volatility and short-term trading flows.

Black Swan Capitalist founder Versan Aljarrah argues that gold and XRP both serve as vehicles for personal financial sovereignty. Citing a Tucker Carlson interview with gold wholesaler Chris Olson about government control over wealth and tax burdens, Aljarrah frames gold as a long-standing neutral store of value and XRP as its digital counterpart. He highlights XRP’s features—fast settlement, low fees, cross-border value transfer, and inability of protocol-level freezing—as aligning with the principle of individual control over assets. The piece positions XRP alongside gold for traders seeking assets perceived as outside traditional banking and state control. Disclaimer: this is opinionated content and not financial advice.

The UK Financial Conduct Authority (FCA) has added a stablecoin-specific cohort to its Regulatory Sandbox, inviting firms that plan to issue stablecoins under the forthcoming UK framework to test products in a controlled environment. Participants will work with FCA Innovation Case Officers, test with consumers, use proprietary data and supply real-world evidence to inform the FCA’s final rules. The move aims to provide regulatory certainty—similar to the EU’s MiCA approach—boosting institutional confidence from banks and fintechs in tokenised money and consumer protection. Concurrently, WEMADE announced the Global Alliance for Korean Won Stablecoin (GAKS), partnering with Chainalysis, CertiK and remittance firm SentBe to build a KRW-backed stablecoin and StableNet infrastructure. The alliance focuses on security, compliance and cross-border remittances by combining threat detection, security audits and remittance rails. Together these developments underscore a global push toward compliant, institutional-grade stablecoin infrastructure and could accelerate adoption and integration between crypto and traditional finance.

Solana (SOL) fell below $140 (around $137 in the latest update) even as Solana-focused ETFs continue to attract significant institutional capital. ETF AUM climbed to about $888.3m with cumulative net inflows of $618.6m; Bitwise’s BSOL accounts for the largest cumulative inflows (~$527.8m) while Grayscale’s GSOL led recent daily inflows (~$4.33m). Some issuers (notably 21Shares’ TSOL) showed outflows or redemptions on certain days, producing intermittent negative flows. Trading volume has been modest (~$30m on the cited day). Price performance is weak — roughly a 2% 24-hour loss, about a 30% decline over 30 days, and only ~8% recovery in the last 7 days. Technicals from earlier reporting showed SOL trading below short-term moving averages (7-, 20-, 50-day) with RSI recovering from oversold but still under 50. On-chain signals such as rising TVL in some Solana DeFi projects point to underlying network utility, but macro volatility and BTC/ETH swings are exerting downward pressure. For traders: ETF inflows imply institutional accumulation and can provide a support floor near the average ETF cost basis (~$150), yet failure to reclaim and hold $140–$152 (20-day MA) with volume leaves SOL exposed to further short-term downside toward support near $135. Monitor ETF flow updates (especially 21Shares and large accumulators like Bitwise), on-chain TVL trends, and volume-led price confirmation before assuming a trend reversal.

Arthur Hayes, co‑founder of BitMEX, warned that most newly launched Layer‑1 (L1) blockchain tokens will fail long term, naming Ethereum (ETH) and Solana (SOL) as the primary exceptions. In an Altcoin Daily interview Hayes said many L1s experience early price pumps driven by venture capital and speculation rather than sustainable fundamentals. He singled out Monad (MON) — backed by Coinbase Ventures — which rose about 45% post‑ICO to roughly $0.037 with a market cap near $398 million, but he expects a steep correction because of a high fully diluted valuation and low circulating supply. Hayes argued Ethereum’s ecosystem, supported by Layer‑2 solutions like Arbitrum and Optimism, positions ETH for institutional web3 adoption. He said Solana remains the second‑largest L1 but needs new catalysts after meme‑coin driven growth slowed. Hayes also listed Bitcoin (BTC), Zcash (ZEC) and Ethena (ENA) among his long‑term picks. Key takeaways for traders: elevated downside risk for small‑cap, VC‑backed L1 tokens; potential short or sell opportunities on recently hyped ICOs such as MON; relative resilience and institutional preference for ETH (and to a lesser degree SOL); and attention to on‑chain adoption metrics and fully diluted valuations when sizing positions.

CoinShares has withdrawn its Form S-1 filings with the U.S. SEC for a proposed Solana staking ETF and separate XRP and Litecoin spot ETF applications, citing a saturated U.S. single-asset ETF market, commoditization of ETPs and limited margin opportunities. The asset manager — with over $10 billion AUM and a leading position in Europe’s ETP market — will pause U.S. launches while continuing to offer a Solana staking ETP in Europe. CoinShares made the move ahead of a planned Nasdaq listing tied to a $1.2bn SPAC merger with Vine Hill Capital and will redirect U.S. efforts toward higher-margin products (crypto equity exposure, thematic baskets, actively managed strategies) over the next 12–18 months. No shares were sold under the withdrawn registrations. The withdrawal contrasts with robust inflows into existing Solana ETFs: market trackers report more than $613m of recent inflows into SOL products, and Bitwise’s BSOL reportedly bought ~93,167 SOL (~$13.15m) in one hour. Seven Solana ETFs are already trading, with several more under SEC review. Analysts point to rising on-chain metrics (transaction volume, active users) and futures open interest as supportive of SOL demand, which could generate upward price pressure if inflows persist. CoinShares’ exit reduces near-term U.S. issuance competition, potentially opening opportunities for other issuers — especially for XRP and LTC funds where regulatory clarity and competing proposals are progressing. Key takeaways for traders: monitor SOL ETF flows and futures open interest for potential bullish momentum; watch SEC filings and approvals for XRP and LTC ETFs as catalysts; expect reduced immediate U.S. supply pressure from CoinShares but continued institutional demand for Solana exposure.