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news-imageFebruary 9, 2025

Crypto: Solana On Track For A Revolutionary ETF After Bitcoin And Ethereum!

While Bitcoin and Ethereum have paved the way for ETFs, it is now Solana that is set to write a new chapter. The SEC has just ignited an unexpected fuse: the agency has started the countdown for the approval of a Solana ETF.
Publisher: Cointribune
Sentiment: Positive
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Positive
cover-imageBenzinga
March 12, 2025

Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?

The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

Neutral
cover-imageCointelegraph
March 12, 2025

SEC postpones ruling on Fidelity Ether ETF options

The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity's Ether (ETH) exchange-traded fund (ETFs). The agency has given itself until May 14 to approve or disapprove of Cboe BZX's request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.

Positive
cover-imageCointelegraph
March 12, 2025

Cboe BZX files Solana ETF application on behalf of Franklin Templeton

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton's proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards. “Not staking the Fund's SOL would amount to waiving the Fund's right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.

Negative
cover-imageBitcoin
March 12, 2025

Hyperliquid Absorbs $4M Loss as Whale Nets $1.8M Profit in Ethereum Trade

A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform's liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid's Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.

Positive
cover-imageBitcoin Magazine
March 12, 2025

Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy

Bitcoin Magazine Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Video-sharing platform Rumble boosts its Bitcoin holdings with a 188 BTC purchase, reinforcing its commitment to a Bitcoin treasury strategy. This post Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Nik.

Positive
cover-imageBitcoinist
March 12, 2025

Solana Inflation Set To Plummet Below 1%—Quorum Reached

In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.

Positive
cover-imageCrypto Economy
March 12, 2025

ALR Miner Lead Earn up to $28,800 with Solana

The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.

Negative
cover-imageCointelegraph
March 12, 2025

Will Ethereum price bottom at $1.6K?

Ethereum's native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts.

Positive
cover-imageBenzinga
March 12, 2025

Strike CEO Jack Mallers Predicts Bitcoin Could Become The Dominant Store Of Value

Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: BTC) growing dominance in the global store of value market, valued at approximately $400 to $500 trillion. What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers stated that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.

Negative
cover-imageCointribune
March 12, 2025

Solana's Revenue Plummets 93% in Just Two Months

The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.

Positive
cover-imageThe Motley Fool
March 12, 2025

These Are the Most Important 4 Words the President Said About Bitcoin

On March 7, President Donald Trump was in attendance at the White House cryptocurrency summit, where he announced the formation of a Strategic Bitcoin Reserve. That repository, should it actually be formed, will contain Bitcoin (BTC 0.62%), and the similar Digital Asset Stockpile will contain other cryptocurrencies.

Neutral
cover-imageBitcoin
March 12, 2025

Bitcoin Stalls Even as Inflation Cools

The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.

Positive
cover-imageBitcoin
March 12, 2025

Rumble Buys 188 BTC as Part of $20M Bitcoin Treasury Strategy

Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.

Positive
cover-imageBenzinga
March 12, 2025

After Vladimir Putin Said 'Nobody Can Ban Bitcoin', The Bank Of Russia Is Looking To Allow Crypto Purchases

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin's directives, the initiative targets "particularly qualified" investors—individuals with over 100 million rubles ($1.02 million) in securities and deposits or annual income exceeding 50 million rubles ($510,000)—and companies already classified as qualified investors.

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