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Coindoo
2w
165
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Invesco and Galaxy Digital File for Solana ETF Under Ticker ‘QSOL’
- Invesco and Galaxy Digital filed a registration statement with the SEC for the Invesco Galaxy Solana ETF, which could trade under the ticker symbol QSOL on the Cboe BZX Exchange.
- Key players in the ETF structure include Invesco Capital Management LLC as the fund sponsor, The Bank of New York Mellon as the administrator, Galaxy Digital managing Solana (SOL) tokens, and Coinbase Custody Trust Company, LLC as the custodian of the underlying SOL assets.
- The filing reflects a trend of expanding crypto ETF offerings beyond Bitcoin and Ethereum, with Solana attracting interest for its high-speed, low-cost transactions.
- If approved, QSOL would offer direct exposure to Solana as one of the first U.S.-listed products, potentially paving the way for mainstream accessibility to Layer 1 tokens through traditional investment vehicles.
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Newsbtc
2w
369
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Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push
- Dogwifhat (WIF) surged 24% in the past 24 hours, surpassing $0.85, as Bitcoin surpassed $107,000, with a quick recovery from levels under $0.72.
- Active wallets handling WIF increased by 20%, and daily volume exceeded $70 million, bringing the meme coin closer to the $1.00 mark.
- The Dogwifhat network witnessed a surge in trading volume, surpassing $700 million in the last two days, positioning it as the 45th largest token by market cap.
- Technical analysis suggests a breakout for WIF, with the coin breaking out of a descending wedge on the 4-hour chart. Traders eye a move towards $0.90 and potentially $1.00, with support linked to Bitcoin and the Solana ecosystem.
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TronWeekly
2w
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Solana 18.3% Stability: A Bullish Indicator for Future Growth
- Solana is showing great growth potential in the cryptocurrency market due to its speed, low fees, and strong technical indicators.
- Only 18.3% of weeks in the past two years have crossed the weekly low, indicating strong market stability and support for future growth.
- The data suggests that there is substantial upside potential for Solana, with 87.8% of weeks experiencing larger price movements.
- Analysts recommend optimal entry points for investors, suggesting that mid-level declines in Solana's price could be good opportunities for long positions.
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Bitcoinsensus
2w
391
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Solana Hits Make-or-Break Zone at $143 as ETF Buzz and Whale Moves Stir Market
- Solana has surged by 16% since June 22, reaching a pivotal zone at $143 that could determine future price action.
- Despite the recent rally, Solana remains bearish on weekly and monthly timeframes with losses.
- An ETF filing by Invesco and Galaxy Digital, along with whale movements of $1.3 billion in SOL, have influenced Solana's market dynamics.
- Technical analysis suggests that if $143 can turn into support, Solana may revisit $150; otherwise, a drop to $133 could occur.
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TronWeekly
2w
295
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Litecoin Forecast 2025: Analysts Predict LTC Could Surge Toward $186
- Litecoin (LTC) is currently trading at $84.81, with a marginal 0.31% intraday dip and trading volume at $341.76 million.
- Analysts predict a potential upside towards $100.56 if bullish support holds, with price projections for 2025 ranging from $100.04 to $186.58.
- Prominent crypto analyst Naveed suggests a bullish reversal for LTC, projecting a short-term upside target at $100.56.
- Experts foresee strong growth for Litecoin in 2025, with price targets varying between $100.04 and $186.58, potentially surpassing its all-time high.
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TronWeekly
2w
126
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Ethereum Price Outlook: Head & Shoulders Pattern Signals $5.8K Surge
- Ethereum is currently trading at $2,431.98, marking a 1.41% daily decline with decreased trading volume.
- Technical analysis indicates a potential bullish reversal, pointing towards a price surge up to $5,800, supported by a 'Head and Shoulders bottom' pattern.
- Expert predictions for Ethereum's future in 2025 vary widely, with bullish forecasts exceeding $5,256.26 and more conservative estimates near $2,906.67.
- Despite conflicting forecasts, Ethereum's technical patterns and support levels suggest a possible bullish trend, although market sentiment remains uncertain.
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TronWeekly
2w
217
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PENGU Price Forecast: Falling Wedge Eyes Potential Toward $0.017
- PENGU forms a bullish falling wedge pattern, signaling a potential trend reversal and breakout.
- PENGU price stability near $0.009595 with a 4.9% weekly gain showcases growing momentum and investor confidence.
- Projected price targets between $0.015 and $0.017 suggest up to 57% upside potential if bullish momentum continues.
- PENGU is drawing increased interest in the crypto market with a potential bullish breakout scenario and recommendations for long positions above $0.0108 for potential gains.
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TronWeekly
2w
186
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MELANIA Price Dumps 60% As Team Cashes Out $35.7 Million
- The MELANIA token team strategically sold off over 82 million tokens, cashing out approximately $35.76 million by distributing them across 44 wallets to avoid detection.
- This massive sell-off has led to a significant drop of over 60% in MELANIA's price over the last 60 days, sparking concerns about transparency and insider activities within the project.
- The team executed the sell-off by placing open market sell orders, adding and removing liquidity on exchanges discreetly to convert tokens into approximately 244,934 SOL.
- The project's credibility has been questioned following this insider sell-off, adding to previous concerns about transparency and intentions. The token's price has fallen by 5.5% in the last 24 hours, with weekly and monthly prices down by 16.6% and 39.5% respectively.
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Bitcoinsensus
2w
147
Image Credit: Bitcoinsensus
Ninth Solana ETF Bid Filed by Invesco and Galaxy
- Invesco and Galaxy Digital have filed to launch a Solana exchange-traded fund (ETF), becoming the ninth issuer in the race for a U.S.-listed spot SOL ETF.
- The firms registered the “Invesco Galaxy Solana ETF” as a statutory trust in Delaware on June 12, aiming to offer regulated exposure to Solana.
- Invesco, a global investment management firm, and Galaxy Digital, a crypto-native financial services company, have previously collaborated on Bitcoin and Ethereum ETFs and are now extending their partnership to Solana.
- The increasing interest in Solana ETFs is exemplified by various major players, such as Grayscale, VanEck, Bitwise, 21Shares, Canary Capital, Franklin Templeton, and Fidelity, filing for Solana-based ETFs. The SEC is reviewing technical details, and Bloomberg analysts estimate a 90% chance of approval for both Solana and Litecoin ETFs in 2025.
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TheNewsCrypto
2w
400
Shiba Inu Price Prediction: SHIB Aims for $0.000016 as Troller Cat Sells Fast at $0.00003684 Ahead of Friday’s 35.01% Price Jump – Act Now!
- Shiba Inu shows signs of recovery with an 8% breakout, eyeing bullish territory.
- Troller Cat, a new meme coin, gains attention with huge potential and presale success.
- SHIB aiming for $0.000016 with key resistance at $0.0000134, while TCAT presents 13x gains.
- TCAT's features include staking, Game Center Beta, and potential 35.01% price jump.
- Both coins attract investors, but TCAT offers higher gains and unique utility.
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TronWeekly
2w
47
Image Credit: TronWeekly
Toncoin (TON) Cost Basis Data Shows Strongest Support Zone as $2.01-2.05
- The strongest support zone for Toncoin (TON) is at the price range of $2.01 to $2.05, with 1.32 billion TON held.
- Additional support or resistance zones include $2.18 to $3.87, which depend on market direction.
- Glassnode's heatmap reveals high investor activity at selected TON price levels.
- The cost basis data from Glassnode provides insight into key price areas where investors are concentrated, potentially establishing support or resistance levels.
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Coindoo
2w
343
Image Credit: Coindoo
Solana Rebounds After $1B Liquidation Shock, Ecosystem Expands
- Solana's token dropped to $127, the lowest level since April, but rebounded to $146 after a ceasefire announcement.
- Over $1 billion in crypto liquidations were triggered by Middle East conflict fears, impacting Solana and other cryptocurrencies.
- Solana's market cap declined by 4%, but its trading volume increased by 12%, indicating higher on-chain activity.
- The ecosystem saw growth with the surge in Solana's perpetual DEX volume, launch of a Solana-based digital dollar, and other ecosystem updates.
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TronWeekly
2w
104
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Toncoin (TON) Eyes Rebound as Price Holds Above $2.89 Support
- Toncoin (TON) is holding steady at $2.89, showing signs of accumulation above the $2.83 support level.
- A potential breakout above $3.00 could trigger a short-term rally towards $3.39, $3.60, and $3.90.
- Converging moving averages indicate increasing pressure and a possible trend reversal for Toncoin.
- Sustained support and rising volume may push TON towards higher resistance levels at $4.54 and beyond.
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Newsbtc
2w
348
Stablecoins Approach $250 Billion, Anchoring 8% Of Global Crypto
- Stablecoin issuance has continued to rise over the past 90 days, with billions of dollars being added weekly, totaling around $250 billion, anchoring almost 8% of the global crypto market.
- Tether (USDT) dominates the stablecoin market with over 66% share, followed by USDC and DAI. The demand for a reliable dollar peg is a key driver behind the surge in stablecoin supply.
- Bitcoin and stablecoins collectively account for about 74% of the overall crypto market. Despite Bitcoin's price stabilization, there are indications that a potential altcoin season might emerge in the third quarter of 2025.
- Analysts suggest that the sizeable stablecoin liquidity and prevailing uncertainty among retail and major players could pave the way for an impending altcoin rally. Investors are currently holding onto stablecoins awaiting clear market signals.
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TronWeekly
2w
117
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XRP’s Technical Setup Points to Breakout Soon, Bulls Eye New All-Time Highs
- XRP has been trading between $2.00 support and $2.40 resistance, with steady buying near $2.00.
- Bitcoin's surge to $105,000 and positive regulatory news increase optimism in the cryptocurrency market.
- Technical patterns suggest XRP is poised for a potential breakout soon, with indications pointing to new all-time highs.
- Investors anticipate a breakout in XRP that could propel it to fresh all-time highs, with key resistance levels to watch and positive signals from the Ichimoku Cloud indicators.
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