🔍 CryptMarket Analysis — 28-09-15

The crypto market continues to face intense risk-off sentiment as regulatory scrutiny intensifies and macroeconomic concerns mount. Over $1 billion in liquidations were reported, with Bitcoin, Ethereum, and Solana leading high-profile selloffs. Institutional buyers are retreating, PIPE deals falt... ... Read full CryptMarket Analysis — 28-09-15

Solana treasury Sharps Technology eyes $100 million share buyback

Solana treasury Sharps Technology eyes $100 million share buyback

Solana digital asset treasury (DAT) Sharps Technology said Thursday it wants to acquire up to $100 million of the company's outstanding common stock."This new stock repurchase program will enable the company to repurchase its shares in the open market and in negotiated transactions," the company sai…

Thailand set to broaden ETF lineup beyond Bitcoin: Bloomberg

Thailand set to broaden ETF lineup beyond Bitcoin: Bloomberg

Thailand plans to expand its exchange-traded fund offerings to include cryptocurrencies beyond Bitcoin, according to the country's securities regulator, Bloomberg reported today.Thailand's Securities and Exchange Commission is drafting new rules to allow multi-asset crypto ETFs, including those beyo…

Solana (SOL) Price Rebounds From $205 Dip as Institutions Accumulate and $232 Target Emerges

Solana (SOL) Price Rebounds From $205 Dip as Institutions Accumulate and $232 Target Emerges

Solana (SOL) shook off a swift sell-off to $205 on Tuesday, rebounding above $209–$216 as institutional-sized wallets scooped the dip while over-levered retail longs were flushed. The slide coincided with U.S. shutdown jitters across risk assets, but crypto quickly mirrored equities’ intraday recove…

Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’?

Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’?

Following a massive Q3 performance, Solana (SOL) has kicked off “Uptober” with a bounce, attempting to reclaim a crucial area as support to continue its bullish rally. Some analysts have suggested that the cryptocurrency is ready to challenge the recent highs and enter a new price discovery phase.So…

SOL Strategies to Purchase 80k SOLs Extra; Solana Price Aims for $320

SOL Strategies to Purchase 80k SOLs Extra; Solana Price Aims for $320

SOL Strategies Inc. , a Canadian investment company focused on accumulating Solana , announced on Wednesday its closure of an upsized private placement. The company reported that it raised C$30 million after selling nearly 4.4 million shares for C$6.85 per unit.With the proceeds locked, the company …

Solana may have an edge over Ethereum in staking ETFs, says Bitwise CEO

Solana may have an edge over Ethereum in staking ETFs, says Bitwise CEO

Bitwise CEO Hunter Horsley says Solana may gain an edge over Ethereum in the staking exchange-traded fund (ETF) market, pointing to its design as more favorable for investors.Speaking with Cointelegraph editor Andrew Fenton at Token2049 in Singapore, Horsley argued that Solana’s quicker unstaking pe…

Memecoins attract users, but platforms reap the profits: Report

Memecoins attract users, but platforms reap the profits: Report

Memecoins may attract new users to blockchains, but the profits largely flow to the platforms that launch and trade the tokens, according to a new report from Galaxy Research.The study released on Wednesday shows that while most traders lose money in a short-term gambling market, infrastructure prov…

$298 Million in Solana Moved Despite ETF Odds Hitting 100%

$298 Million in Solana Moved Despite ETF Odds Hitting 100%

Solana has seen its price shift to the downside on Tuesday amid rising whale activities. It appears that surging whale movements have contributed to the price declines, as they have been spotted dumping their Solana on major crypto exchanges, according to data shared by on-chain tracking platform, W…

The Daily: Dormant bitcoin whale wakes up after 12-year slumber to 830x gains, Andre Cronje’s Flying Tulip raises $200M, and more

The Daily: Dormant bitcoin whale wakes up after 12-year slumber to 830x gains, Andre Cronje’s Flying Tulip raises $200M, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Monday! Polymarket puts U.S. government shutdown odds above 65%, but BofA sees only minor fallout — a small GDP drag, muted market reaction, and limited impact on crypto compared to d…

Bitcoin and Ethereum ETFs Lose $1.7 Billion as Institutions Retreat

Bitcoin and Ethereum ETFs Lose $1.7 Billion as Institutions Retreat

Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States reversed course sharply last week, shedding more than $1.7 billion.This shift came amid Bitcoin and Ethereum price volatility during the past week as both assets shed more than 8% during the reporting period.Bitcoin and Ethe…

Hyperliquid-based Hyperdrive loses $782,000 after smart contract exploit

Hyperliquid-based Hyperdrive loses $782,000 after smart contract exploit

A Hyperliquid-based lending protocol, Hyperdrive, lost about $782,000 worth of tokens following a smart contract exploit Saturday night, in the third notable security incident affecting the popular Layer 1 network. The attacker drained two Hyperdrive pools, the protocol's Primary USDT0 Market and Tr…