The first-ever Solana staking ETF in the US is now on the verge of launch, according to top ETF analysts closely tracking the regulatory process. The ETF, proposed by provider REX Shares, is generating buzz in the crypto industry after updated filings suggest that all regulatory hurdles may have been cleared. SEC Comfortable with Solana ETF Structure Analysts note that the U.S. Securities and Exchange Commission (SEC) appears to be on board with REX Shares’ unique approach. Instead of using the standard 19b-4 filing process required for most crypto-related ETFs, REX opted for an alternative method under the ’40 Act,…
Author: Blockto Team
A new report reveals that more than one in four South Koreans aged 20 to 50 now hold cryptocurrency, with a growing number viewing digital assets as a key part of their financial planning—especially for retirement. Crypto Investments Gain Ground in Korea’s Middle-Aged Population According to the Hana Institute of Finance’s latest study, titled 2050 Generation’s Virtual Asset Investment Trends, 27% of Koreans aged 20–50 own crypto, with their holdings making up an average 14% of total financial portfolios. The study found that Koreans in their 40s lead participation at 31%, followed by those in their 30s (28%) and 50s…
Cardano (ADA) price has caught the attention of crypto investors once again, as it shows signs of recovery amid a broader market bounce. Traders and analysts are now eyeing the $2 mark, with some even predicting a potential surge to $2.60 if certain conditions are met. Cardano Price Surges Amid Crypto Market Recovery As of the latest update, Cardano price surged by over 1.6%, trading around $0.5640, even though its 24-hour trading volume dropped by 13% to approximately $417 million. In the last 24 hours, ADA has fluctuated between $0.546 and $0.564, suggesting a period of consolidation. Despite the daily…
The political tensions between Elon Musk and former President Donald Trump have resurfaced after Musk launched a scathing critique of Trump-backed tax and spending reforms. Musk called the new Senate tax bill “utterly insane and destructive”, warning that it could severely harm the U.S. economy and clean energy progress. Musk Condemns GOP Bill for Attacking Clean Energy In a recent X post, Elon Musk expressed outrage over the Senate’s proposed tax and spending bill, claiming it favors outdated energy sectors like coal while cutting critical support for electric vehicles (EVs), wind, and solar industries. “This bill will destroy millions of…
Ethereum (ETH) whales are aggressively accumulating tokens, signaling confidence in a potential price recovery. However, key on-chain metrics suggest this optimism may be premature, raising questions about ETH’s short-term upside. Major Institutions Accumulate Millions in ETH Whales have made multi-million-dollar acquisitions in recent hours. Notably, SharpLink Gaming acquired 1,989 ETH worth $4.82 million via an OTC deal, increasing its total ETH holdings to nearly 190,467 ETH. Another wallet, 0x1fc7, added 1,888 ETH (worth $4.56M) and immediately staked it into Ethereum’s Beacon Chain. These high-volume purchases underline long-term institutional confidence in Ethereum’s future. Despite this, ETH’s price remains stagnant near $2,428,…
Dogecoin (DOGE) price is showing strong signs of a potential breakout, surging over 1.5% today to $0.1619. According to top analysts, if DOGE successfully breaks above the critical $0.17 resistance, it could trigger a rally of up to 130%, setting sights on $0.39. Dogecoin Price Performance: Weekend Recovery Sparks Optimism Despite a flat performance over the last week, DOGE’s weekend rebound has renewed market interest. Currently trading near $0.162, Dogecoin has touched a 24-hour high of $0.1634 and a low of $0.1575. However, the trading volume has dropped 31% to $546.63 million, suggesting cautious participation. Still, the Relative Strength Index…
Only Elite Bitcoin-Holding Firms May Survive 2025 Shakeout As Bitcoin treasury companies become a defining trend of 2025, a recent report from venture capital firm Breed warns that only a handful of these firms are likely to survive a looming “death spiral”. A Bitcoin treasury company’s long-term success depends on its ability to maintain a premium over its net asset value (MNAV)—the total assets minus liabilities per share. The death spiral refers to a vicious financial cycle where a decline in Bitcoin’s price leads to a drop in MNAV, driving the company’s stock price closer to its true NAV. This…
New Crypto Futures Contracts Expand Access for Retail Traders Robinhood, the popular trading platform, has expanded its crypto derivatives offering by launching micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP in the United States. The new contracts allow users to trade with smaller capital commitments, enhancing flexibility for retail investors and positioning Robinhood as a growing player in the crypto futures space. Micro contracts require significantly less collateral than standard futures, making it easier for traders to take directional positions or hedge their portfolios. With this launch, Robinhood aims to capitalize on rising interest in cryptocurrency trading, particularly…
Canadian Firm Adds 478 BTC in Major Strategic Purchase Bitcoin Treasury Corporation (BTC Corp), a Toronto-listed firm, has officially completed the first phase of its strategic Bitcoin acquisition plan, adding 478.57 BTC for $51 million. With this latest buy, the company’s total holdings have surged to 771.37 BTC, reinforcing its role as a rising institutional player in the crypto treasury space. “This brings the company’s total BTC holding to approximately 0.0000634 BTC per fully diluted share,” the company reported. This calculated move reflects growing interest from publicly traded firms in using Bitcoin as a treasury reserve asset amid global inflation…
Coinbase Outperforms S&P 500 in June 2025 Surge Coinbase (COIN) has emerged as the top-performing stock in the S&P 500 index for June, rising 43% during the month. This performance surpasses the S&P 500’s broader 5% monthly gain, cementing the crypto exchange’s role as a key player amid evolving market dynamics. The surge marks Coinbase’s strongest monthly performance since November, lifting its stock to a new high of $382 before a slight correction brought it to $353 by Friday’s close. In after-hours trading, it settled slightly lower at $351, reflecting modest profit-taking after a strong run. GENIUS Act Boosts Stablecoin…