Ethereum hits new all-time high after four years as Fed signals imminent rate cut
Key Takeaways Ethereum surged more than 14% to a record high after Powell’s Jackson Hole speech signaled that rate cuts may be near. Bitcoin climbed to $117,000 while altcoins including AERO, Ethereum Classic, SPX6900, and ENA rallied double digits. Share this article Ethereum surged more than 14% on Friday, breaking above its November 2021 record…
VanEck Aims to Take Solana’s Liquid Staking to TradFi Investors Via JitoSOL ETF
Asset manager VanEck has filed to launch a staked solana SOL$196.93 exchange-traded fund (ETF), signaling continued interest in bringing blockchain-native yield-bearing assets to traditional investment rails.The application, submitted Friday as an S-1 registration with the U.S. Securities and Exchange Commission (SEC), is the first of two filings required to list the fund. If approved, the…
Canary Capital Files Amended S-1 For XRP ETF, Boosting Approval Hopes
Canary Capital Group has filed an updated S-1 to the SEC regarding their proposed Canary XRP ETF. The move is seen as a major step toward mainstream adoption of the Ripple-associated token in U.S. markets. Canary Capital Positions XRP for Mainstream Investment After Amended Spot ETF Filing The SEC document shows that the updated registration…
SEC and Ripple officially settle appeals, XRP case moves to final enforcement
Key Takeaways The SEC and Ripple have officially resolved their legal dispute, ending all appeals and clearing the way for final enforcement actions. The settlement confirms Ripple’s $125 million penalty and upholds the court’s clarification that XRP is not a security for secondary market trades. Share this article The long-running legal battle between Ripple Labs…
Circle, Coinbase, Strategy Surge as Crypto Stocks Rally on Possible Rate Cut Hopes
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end.Bitcoin BTC$115,244.11 and ether (ETH) both moved higher following Powell’s…
