Cantor initiated coverage of the three largest solana SOL treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday. The broker has a $45 price target for DeFi Development, a C$54 objective for Sol Strategies, and a $16 price target…
Bitcoin BTC miners are facing mounting pressure as the network’s hashrate and difficulty continue to climb, tightening margins even as bitcoin’s price holds steady, according to TheMinerMag’s monthly report. The network’s mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Transaction fees in June fell…
XRP price rose amid news that Purpose Investments is set to launch a spot XRP spot exchange-traded fund. The Purpose XRP ETF is set to launch on the Toronto Stock Exchange on June 18, 2025. XRP is among several altcoins awaiting spot ETF approval in the United States. XRP price surged by nearly 7% as…
Asset manager Purpose Investments is set to launch a spot XRP XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts. The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18,…
Litecoin LTC rallied more than 2% on Monday, gaining ground as investors eye a possible spot exchange-traded fund (ETF) approval and navigate a shaky geopolitical backdrop. LTC rose from $85.05 to $88 in a 24-hour period, an uptrend marked by higher lows and heavy volume. The rise coincides with growing expectations that the U.S. Securities…
Crypto analyst X Force has drawn the crypto community’s attention to a key fractal from 2023, which paints a bullish picture for the Bitcoin price. However, the analyst suggested that a drop to $90,000 could still be on the cards for BTC, although that won’t invalidate the macro setup. Key Fractal Shows Bitcoin Price Is…
Bitcoin Magazine Trump Media Files to Launch Bitcoin and Ethereum ETF Trump Media & Technology Group has filed a registration statement with the U.S. Securities and Exchange Commission to launch the Truth Social Bitcoin and Ethereum ETF, B.T. The ETF will directly hold Bitcoin and Ether, with an initial allocation of 75% Bitcoin and 25%…
Bitcoin Magazine Michael Saylor and Pakistan’s Crypto Minister Bilal Talk Bitcoin and Global Investment Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister of Crypto Bilal Bin Saqib, held a conversation recently with the Executive Chairman and CEO of Strategy, Michael Saylor, about Bitcoin and its potential role in Pakistan’s economy. BREAKING: Pakistan’s Finance Minister and…
SUI SUI traded at $3.1110 on Monday, rising 3.85% over the past 24 hours following a multi-hour uptrend that pushed the token through key resistance levels. The asset hit a session high of $3.1554 before settling just above $3.11, with strong volume supporting the breakout attempt. Michaël van de Poppe called SUI “super interesting as…
ETH holdings among the 1,000–10,000 wallet cohort now exceed 16 million. ETH-focused funds saw $583 million in inflows last week alone. Price remains in the $2,150–$3,600 range despite a 90% rally over two months. Ethereum has seen a dramatic surge in accumulation activity among its largest holders, with wallets holding between 1,000 and 10,000 ETH…
