Month: July 2025

SOL, Solana’s native token, hovered just below $200 early Wednesday after a surge of bullish developments — including a major corporate accumulation and bold analyst projections — renewed momentum in the sixth most valuable cryptocurrency by market capitalization. On Monday, consumer brand platform Upexi Inc. (UPXI) disclosed that it had acquired an additional 100,000 SOL, … Read more

David LaValle, the global head of ETFs at Grayscale Investments, is set to leave the crypto asset manager at the end of July, Unchained reported, citing people familiar with the matter. LaValle joined Grayscale in July 2021 as the firm was grappling with investor dissatisfaction over the widening discount of its flagship Bitcoin Trust (GBTC). … Read more

Need evidence of speculator fervor. Look no further than Coinglass’ crypto derivatives leaderboard, which shows that fartcoin (FARTCOIN), the Solana-based memecoin, is now the 10th largest token based on derivatives open interest. As of writing, notional open interest in futures tied to fartcoin totaled over $1 billion, placing the joke cryptocurrency ahead of well-established coins, … Read more

Galaxy Digital (GLXY) is well positioned to capture upside from the favorable regulatory backdrop for cryptocurrency, Jefferies said in a new research report. Jefferies has initiated coverage of the crypto investment bank with a buy rating, citing the passage of the GENIUS Act in the U.S. as “providing favorable market structure,” for Galaxy’s business. The … Read more

CoinShares (CS) said it received a license under the European Union’s Markets in Crypto Assets (MiCA) regulation, the first crypto asset manager based in continental Europe to qualify. The approval allows the Saint Helier, Jersey-based firm to offer crypto portfolio management services across the 27-nation bloc under a single, harmonized regulatory framework. Operations are already … Read more