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Asset Managers Amend Solana ETF Filings to Include Staking as Approval Looms
Seven firms, including Fidelity, Franklin Templeton, and Grayscale, filed amended S-1 forms for Solana ETFs with staking integration. ETF analyst Nate Geraci expects approval in the next two weeks, potentially by mid-October. The move could boost institutional adoption of Solana (SOL), enhancing yields through staking rewards. Major asset managers have submitted amended filings for spot Solana ETFs, incorporating staking feat…
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Crypto Liquidations Surge to .8B as Market Cap Drops 0B in 24 Hours
Crypto liquidations hit $1.8 billion in the past 24 hours, mostly long positions. Bitcoin falls below $110,000, down over 3%; Ethereum dips under $4,000. Analysts cite overleverage, macro uncertainties, and historical September weakness. The cryptocurrency market experienced a sharp downturn on Thursday, with total liquidations exceeding $1.8 billion over the past 24 hours, according to data from CoinGlass. The majority of th…
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Pioneer Hash's new mining contracts make it easy
As the digital economy continues to grow, the way crypto assets are acquired is undergoing profound changes. Users are no longer satisfied with the high barriers to entry and complexity of traditional mining models, but are turning to more efficient, environmentally friendly, and intelligent cloud mining platforms. In this global competition for technology and resources, Pioneer Hash stands out. With its green energy drive, global computing pow…
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Ethereum Dips Below ,000 Amid Macro Jitters and Slowing ETF
Ethereum traded as low as $3,999 on Thursday before recovering to $4,037, reflecting a 2.91% decline over the past 24 hours. The price drop triggered over $1.7 billion in altcoin liquidations, with ETH accounting for $212.9 million. Spot Ethereum ETFs recorded only $110 million in net inflows this September, a sharp drop from $3.8 billion in August. On-chain data indicates over 420,000 ETH withdrawn from exchanges this week, signa…
FTX Sues Genesis Over Fraud
FTX Recovery Trust initiates legal action in Delaware bankruptcy court against Genesis Digital Assets and affiliates. The suit targets $1.15 billion in transfers allegedly made using commingled customer funds under Sam Bankman-Fried’s direction. This clawback effort aims to bolster creditor recoveries amid ongoing FTX bankruptcy proceedings. The FTX Recovery Trust has filed a complaint against Bitcoin mining company Genesis D…
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