In another milestone for the crypto industry, Canada plans to launch spot Solana exchange-traded funds. Bloomberg's ETF expert Eric Balchunas revealed that the Ontario Securities Commission (OSC) officially approved multiple SOL ETFs from top Canadian asset managers, including Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ.
FARTCOIN's April rally faces a potential 30% pullback as weakening breakout momentum and overbought signals raise the risk of a retest toward key support zones.
The entire crypto space is worried about the collapse of the Mantra OM token, which recorded a massive plunge of 95% in price. However, everyone in the crypto community is putting up the various allegations of Insider selling, Rug Pull, Big scam, and Lack of Transparency from the Mantra team.
On April 13, the price of the Mantra (OM) token plummeted from $6.30 to below $0.50, marking a loss of over 90% in a single day. This event wiped out more than $6 billion from Mantra's market cap and shocked the crypto community.
The development was brought to light by Bloomberg's Eric Balchunas, who cited a TD Bank communication indicating that the Ontario
Blockchain intelligence platform Lookonchain says that tokens of the real-world asset (RWA) crypto project Mantra (OM) worth hundreds of millions of dollars were transferred to digital asset exchanges before a massive price crash.
Bloomberg Senior ETF Analyst Eric Balchunas shared that four asset managers are set to launch spot Solana ETFs in Canada on Wednesday.
MANTRA, one of the most well-known & reliable Real-world asset tokens, has suddenly crashed by 95% in a span of just a few hours. This unexpected drop has raised concerns across the crypto space. Prominent Crypto analyst Dr.
Following Mantra's sudden collapse, analysts have warned Pi Network's developers that transparency issues could expose Pi to similar risks.
The OM token crash saw $6 billion lost in value in just 30 minute yesterday. The Terra Luna like collapse has left the investors questioning if all of this was planned. The community notes that there were warning signs that were ignored which led to this massive loss.
Solana (SOL) rebounds 40% from $95 low, reaching $131 amid ETF optimism and growing on-chain activity with 74.8 million active addresses.
Slated for April 16, 2025, this move puts Canada ahead of the curve in the crypto ETF race. Major players Purpose, Evolve, CI, and 3iQ lead the charge.
The crypto market faced a big shock as MANTRA (OM) crashed by more than 90% in a single day, drawing comparisons to the infamous Terra LUNA collapse. But what's even more worrying is that OM isn't showing any signs of bouncing back.
Canada launches world's first staking-enabled spot Solana ETFs on April 16, continuing its leadership in crypto investment products ahead of US regulators.
Canada will launch North America's first spot Solana ETFs with staking on April 16, following OSC approval of four issuers. The post Canada Readies Solana ETF Rollout as Regulators Give Go-Ahead appeared first on Cryptonews.
MANTRA (OM) token crashed 94% amid liquidations and alleged insider actions, with CEO denying wrongdoing and outlining recovery plans including buybacks.
After a 94% crash in MANTRA's price, OM currently trades at $0.618, up 3.71% today. Let's explore OM price prediction and if there's a chance of a 50% rebound after the recent crash.
Arthur Cheong, the founder of DeFiance Capital, has warned of growing cryptocurrency price manipulation, describing the trend as a serious danger to investor trust amid Mantra and Story Protocol token crashes. In an Apr.
Waking up to see a 90% crash of a crypto project is no fun.Especially if we're talking about one of the top RWA projects. Because that's exactly what happened.
Mantra has just gone through a crash that has wiped out most of its value. Here's how on-chain metrics have changed during this collapse.
Canada has outpaced the U.S. with the launch of staking-enabled spot Solana ETFs as interest globally continues to build.
Canada approves Solana spot ETFs with staking features, boosting investor returns.
In the wake of the jarring incident around Mantra, community members are calling for Pi Network to glean valuable lessons from the black swan event. Pseudonymous cryptocurrency analyst Dr Altcoin wants the PiCoreTeam (PCT) to establish key guardrails to prevent a repeat of the OM incident for the Pi Network.
A massive Solana (SOL) transaction has caught the crypto markets attention, with over $105 million worth of SOL moved between unknown wallets in just minutes. According to Whale Alert, 790,427 SOLvalued at $105,406,581was transferred anonymously, sparking speculation about its purpose and potential market implications.
Binance, one of the worlds largest cryptocurrency exchanges, is expanding its trading lineup with the addition of three new spot trading pairs: BABY/EUR, ONDO/TRY, and PAXG/USDC. The announcement, made via Binances Chinese official X account, also confirmed that trading bot services will be enabled for the new pairs to enhance the trading experience.
Mantra CEO John Mullin addressed the recent collapse of the OM token in an AMA session.
Yesterday, MANTRA (OM) suffered a staggering 90% crash, and it's still spiraling down today. Most notably, OM charts and indicators seem as bad as the 2022 Terra LUNA collapse, if not worse.
A closely followed trader believes that the layer-1 protocol Solana (SOL) may have just flashed a strong bullish reversal signal. Pseudonymous trader Inmortal tells his 231,500 followers on the social media platform X that Solana appears to have set a massive bear trap earlier this month when the price of SOL briefly dropped below $100.
Ondo Finance (ONDO) is showing renewed strength, up more than 4% in the last 24 hours, with trading volume jumping nearly 13% following the collapse of MANTRA's OM token. This shift in capital appears to be favoring other RWA-focused projects like ONDO, which is now gaining momentum across several technical indicators.
As the dust settles from the recent crash of OM, the native token of the Mantra blockchain, speculation and finger-pointing continue to ripple through the crypto community. The token lost nearly 90% of its value in a single day, plummeting to as low as $0.50 before stabilizing slightly at $0.66 at the time of writing.
The liquidation heatmap of Solana showed that the $150 resistance would likely be challenged soon.
Solana is currently struggling to reclaim a key point of control within its trading range, leading to a weak rejection and signs of bearish compression.
Canada approves Solana spot ETFs, includes staking for higher yields.
Spot Solana exchange-traded funds (ETFs) are set to launch in Canada on April 16, according to Bloomberg analyst Eric Balchunas. In an X post on April 14, the analyst shared a private client note from TD Bank, a Canadian financial institution, claiming the Ontario Securities Commission (OSC) greenlighted asset managers Purpose, Evolve, CI and 3iQ to issue ETFs holding Solana (SOL).
Canada and the United States have taken divergent paths in their regulatory approaches to crypto-based exchange-traded funds (ETFs). Canada is reportedly getting ready to launch spot Solana ETFs, which will include staking via TD, this week after regulators gave the go-ahead to multiple issuers.
OM token's sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity.
Solana's first spot exchange-traded funds in North America are set to go live this week in Canada. According to Eric Balchunas, senior ETF analyst at Bloomberg, Canada is ready to welcome its first spot Solana (SOL) spot ETFs.
Story token has experienced major volatility, which caused concerns over a repeat of the Mantra crash.
Made in USA coins are gaining momentum this week, with Solana (SOL), Ondo Finance (ONDO), and Story Protocol (IP) standing out as top contenders. Solana leads the charge with a 30% rebound and renewed institutional interest.
Blockchain investigator ZachXBT has spotlighted two individuals, Reef Finance founder Denko Mancheski and X user Fukugo Ryōshu, as potentially linked to the sudden 90% crash of Mantra's OM token on April 13.
After Bitcoin and Ethereum ETFs, Canada is all set to launch the world's first-ever spot Solana ETFs (Exchange-Traded Funds) on April 16, 2025, making it a big moment not just for Canada, but for the global crypto space.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Canada is poised to debut the world's first spot Solana exchange-traded funds (ETFs) on April 16 after the Ontario Securities Commission (OSC) approved listings from four major issuers: Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ.
Canada is set to launch the world's first spot Solana ETFs after receiving regulatory approval from the Ontario Securities Commission (OSC). The green light allows several issuers, including Purpose, Evolve, CI, and 3iQ, to list their Solana ETFs.
Here's the top headlines in crypto in the past 48 hours including BTC, Mantra's OM crash and more.
In a significant transaction reported on-chain, over $105 million worth of Solana (SOL) was moved in mere minutes, igniting interest in the crypto market.
Switzerland-based trading firm Laser Digital, which is part of the Nomura Group, has denied any involvement in the Mantra token flash crash that saw OM lose lose 90% of its value.