SOL Hits $161 After ETF News, Is It Just Hype?

Key takeaways: The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted. Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally. Solana’s native token, SOL (SOL), surged 7% on Monday after confirmation that the first-ever Solana exchange-traded fund (ETF) featuring staking capabilities would launch on…

Senator Lummis Seeks to Waive US Taxes on Small-Scale Crypto Activity in Budget Bill

U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs much of President Donald Trump’s agenda, trying to reduce tax consequences stemming from fundamental cryptocurrency activities. Lummis sought on Monday to insert language into Congress’ “Big Beautiful Bill” that would, among other things, waive taxes…

Bitcoin Rally Above $110K Depends on 3 Factors

Key takeaways: Bitcoin (BTC) has remained within a tight range since Wednesday, marking six consecutive days with price fluctuations under 3%. This unusually low volatility has prompted traders to speculate whether a breakout could be influenced by a weakening US dollar, particularly as the country’s fiscal position continues to deteriorate. While the US dollar’s movement…

Where Are We In the Bitcoin Cycle? Analyst Lyn Alden Shares Her View

Bitcoin has been stuck just above $100,000 for months and the question now is whether that level marked the top of the cycle, or if there’s still room to run. In our latest interview, macro analyst Lyn Alden breaks down where we might be in the current Bitcoin cycle, and why this one could look…

Bitcoin Might Test $104,500 Before Hitting New Price Highs

Key points: Bitcoin is facing selling near $109,000, but the shallow pullback suggests the uptrend may resume. BNB and HYPE are showing strength, having broken above their immediate resistance levels. Bitcoin (BTC) has started the week on a soft note, with the bears trying to pull the price below the $107,000 level. Bitcoin remains on…

First US Staked Crypto ETF Launches, Offering Solana and Yield

The first US staked cryptocurrency exchange-traded fund (ETF) will launch on Wednesday, allowing investors to hold Solana (SOL) and earn yield through staking. Two days after Cointelegraph reported that the REX-Osprey Solana and Staking ETF could launch imminently, issuer REX Shares confirmed on Monday that the fund is set to debut. As the name suggests,…

XRP Price Must Flip $2.30 to Restore Bullish Momentum, Path to New All-Time Highs

Key takeaways: Increasing institutional demand for XRP ETPs and persistent whale accumulation back the bullish case for XRP price. XRP must close above $2.30 on the daily chart to secure a push toward $3. XRP (XRP) price displayed indecision on June 30, down 0.8% over the last 24 hours to trade at $2.17. XRP price…

XRP Price Must Flip $2.30 to Restore Bullish Momentum, Path to New All-Time Highs

Key takeaways: Increasing institutional demand for XRP ETPs and persistent whale accumulation back the bullish case for XRP price. XRP must close above $2.30 on the daily chart to secure a push toward $3. XRP (XRP) price displayed indecision on June 30, down 0.8% over the last 24 hours to trade at $2.17. XRP price…

Bitcoin Dices With Liquidity as the Q2 Close Looms

Key points: Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus. Fed Chair Jerome Powell is due for replacement, leading to hyper-bullish bets on risk assets. Bitcoin (BTC) dipped toward $107,000 after the June 30 Wall Street open as analysis eyed a major new “short squeeze.” BTC/USD…

Launches Tokenized Stocks on Arbitrum, Develops Own Blockchain

Digital brokerage Robinhood (HOOD) is extending its crypto footprint with a slate of new offerings, including developing its own blockchain network based on Arbitrum and launching tokenized stocks trading, the company announced on Monday. The firm today has debuted its stock token offering, issued on the Ethereum layer-2 Arbitrum, for European users, giving access to…