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Grayscale Seeks SEC Approval to Launch Solana Spot ETF
Grayscale Investments has filed with the SEC to convert its $134.2M Solana Trust into a spot ETF under ticker GSOL. The move follows successful Bitcoin and Ether ETF conversions, while Solana's price surged 7% on the news amid growing institutional interest.
Tron's TRX Token Hits Record High as Justin Sun Claims Ripple Parity
Tron's native token TRX surged 33% to reach an all-time high of $0.28, pushing its market cap beyond $24 billion. Founder Justin Sun drew parallels with XRP's recent rally as TRX secured its position among the top 10 cryptocurrencies by market value.
Crypto Market Shows Early Signs of Bull Run, According to Technical Analysis
Cryptocurrency analyst Benjamin Cowen identifies promising technical indicators suggesting an upcoming crypto market rally. Analysis of market cap trends and the Advance Decline Index points to potential significant gains, though external factors remain important considerations.
Ethereum Surges Past Bitcoin as XRP Hits Historic Investment Milestone
Ethereum investment products attracted $634 million in fresh capital, surpassing Bitcoin which saw $457 million in outflows. XRP achieved record-breaking inflows of $95 million amid speculation of a potential US-based ETF launch.
Ripple Prepares Historic Stablecoin Launch Under New York Regulation
Ripple is set to launch its RLUSD stablecoin on December 4, pending NYDFS approval, marking its entry into the $190 billion stablecoin market. The launch leverages Ripple's acquisition of Standard Custody & Trust Company and includes partnerships with major players like Bitstamp and MoonPay.
Coinbase and Apple Pay Join Forces to Revolutionize Crypto Purchases
Coinbase integrates with Apple Pay to enable instant cryptocurrency purchases for 60 million U.S. users through Coinbase Onramp. The partnership streamlines fiat-to-crypto conversions while maintaining security standards, marking a significant step toward mainstream crypto adoption.
Coinbase CEO Takes Stand Against Law Firms Hiring Anti-Crypto Regulators
Brian Armstrong announces Coinbase will cut ties with law firms employing former government officials who opposed crypto during Biden administration. The move follows Milbank's hiring of ex-SEC enforcement chief Gurbir Grewal, who oversaw billions in crypto industry penalties.
US Government Transfers $2 Billion in Seized Bitcoin to Coinbase
The US government has moved nearly 20,000 Bitcoin worth $2 billion to Coinbase Prime, marking one of its largest crypto transfers from Silk Road seizures. The transfer sparked market speculation but prices remained stable, while the government still holds substantial cryptocurrency assets.
XRP Surges 433% to Become Third-Largest Cryptocurrency Amid Regulatory Optimism
XRP's market cap reaches a seven-year high of $155.9 billion, fueled by potential RLUSD stablecoin approval and political developments. The cryptocurrency's dramatic rise from $0.51 to $2.72 positions it behind only Bitcoin and Ethereum in market dominance.