Franklin Templeton is moving closer to launching its highly anticipated Solana ETF after submitting its final Form 8-A filing to the U.S. SECa key step that typically signals a product is ready for market debut. Exchanges often begin trading shortly after this form is approved, suggesting that Franklin Templetons Solana ETF could go live very soon. The timing comes just after the firm successfully launched its XRP ETF on the NYSE earlier this week. The upcoming Solana ETF, set to trade under the ticker SOEZ on NYSE Arca, has faced several regulatory delays throughout the year. The SEC pushed...

For years, prediction market startups and their investors believed a simple strategy would shield them from state gambling laws: register as a federally regulated Designated Contract Market (DCM), operate under the Commodity Exchange Act (CEA), and let federal preemption handle the rest. That assumption was upended when a federal court in Nevada ruled that contracts paying out on the outcome of sporting events are not swaps under the CEA and therefore fall outside the Commodity Futures Trading Commissions jurisdiction. Judge Andrew Gordon emphasized that his ruling wasnt a narrow statutory...

XRP delivered one of its strongest sessions in weeks, climbing 13% as both exchange volume and on-chain payments spiked simultaneously. Unlike typical speculative swings or oversold bounces, this move stemmed from a coordinated surge in real transactional activity across the XRP Ledger. The rally began precisely at the lower boundary of XRPs long-running declining channel, where buyers stepped in aggressively enough to print the largest bullish candle since early November. This injected fresh momentum into the market and pushed the price toward the mid-channel region, temporarily slowing the...

MicroStrategys long-standing strategy of leveraging equity markets to accumulate Bitcoin is entering its most challenging phase yet. The companys market premium over its Bitcoin holdings has collapsed toward parity, raising doubts about whether Michael Saylors highly leveraged model can continue to function as intended. Recent filings show MicroStrategy holding 649,870 BTC at a cost basis of roughly $48.4 billion, but investors are no longer assigning the high valuation multiples that once fueled accretive expansion. With mNAV falling below 1x in Novembermeaning shares now trade around or...

Crypto payments firm MoonPay has received regulatory approval from the New York Department of Financial Services (NYDFS), obtaining a New York Trust Charter that allows the company to safeguard customers digital assets and offer over-the-counter (OTC) trading services. The approval marks a major milestone for MoonPay as it moves deeper into institutional-grade compliance and strengthens its position within the U.S. digital asset ecosystem. With the new charter, MoonPay can now custody digital assets on behalf of clients and facilitate direct OTC trades without relying on centralized...

Polymarket is facing intense criticism after its official Traders account deleted a controversial post widely condemned as racist. The post threatened to revoke affiliate Polybaddie badges from users in India, Turkey, and Nigeria, accusing them of LARPing as egirls, and included the ethnic slur jeet. The message quickly ignited outrage across X, where traders, influencers, and industry figures slammed the platform for unprofessional behavior and discriminatory language. The post, intended to crack down on fake Polybaddie profiles, told accounts from the targeted regions to get your last slop...

Saudi Arabia has officially entered the global quantum computing race with the installation of its first quantum computer, intensifying discussions about future cybersecurity risks for Bitcoin and other blockchain networks. Saudi Aramco, the state-controlled energy and chemicals giant, revealed that a 200-qubit quantum machine from France-based Pasqal is now operational at its Dhahran data center. Designed for industrial use cases like energy modeling and advanced materials research, the system is the most powerful Pasqal has delivered to date. Pasqal CEO Loc Henriet called the deployment a...

Kraken is expanding its consumer offerings with the launch of a new Bitcoin rewards debit card designed for users in the European Union and the United Kingdom. The Krak Card, powered by the Mastercard network, gives users 1% cash back on every purchase, with rewards paid in Bitcoin or their local fiat currency. The card integrates directly with the Krak peer-to-peer payments app, enabling seamless global payments using more than 400 supported digital assets at any Mastercard-accepted merchant. According to Krakens Global Head of Consumer Mark Greenberg, the company aims to make everyday...

The Monad price soared more than 53% as its highly anticipated mainnet launch drew strong market attention. MON quickly gained traction after going live, with buyers reacting to the networks rollout and its impressive performance capabilities. The activation showcased Monads high-speed scaling, attracting new users and pushing the token out of its prolonged consolidation phase. Following the launch, the Monad chart reflected a significant structural shift. MON broke cleanly above its multi-week descending channel, signaling renewed bullish momentum. Strong daily candles emerged as short-term...

Ethereum continues to show strength in 2025 as its price hovers above $2,900, supported by a market cap of roughly $353.71 billion and a circulating supply of about 120.69 million ETH. As the second-largest cryptocurrency, Ethereums transition to proof of stake (PoS), rising institutional interest, and constant network upgrades keep driving adoption. Large investments from institutions, ETF issuers, and Web3 companies have significantly influenced Ethereums distribution, shifting ownership patterns as staking and major wallet holders play bigger roles in determining the direction of ETHs...