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Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week. Source: https://cointelegraph.com/rss Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex
Crypto ETF summer has arrived with America’s first staked Solana ETP and increased odds for other spot altcoin funds, according to analysts. Source: https://cointelegraph.com/rss Analysts raise chance of SOL, XRP and LTC ETF approval to 95%
Aave Labs founder Stani Kulechov says traditional finance has largely moved on from banks into fintech, and blockchain could be the sector’s next move. Source: https://cointelegraph.com/rss TradFi could move onchain due to ‘horrible banking experiences’
Other crypto firms are also reportedly considering applying for a national bank charter, following in the footsteps of Anchorage Digital Bank, which received a license in 2021. Source: https://cointelegraph.com/rss Circle applies for US trust bank charter to manage its USDC reserve
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition. Source: https://cointelegraph.com/rss SOL price rallies to 1 after ETF news, but is the rally sustainable?