🚨 Breaking: Crypto and Blockchain News That Matters!

News

🌐 Grayscale Seeks to Convert Digital Large Cap Fund into ETF, Files S-3 Form

Investment giant Grayscale is set to make waves in the investment world with its proposal to launch a new exchange-traded fund (ETF). In a stunning development, Grayscale Investments submitted an S-3 form to the US Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an ETF. Significantly, the investment firm’s strategic move is a crucial step in its vision of integrating digital assets with mainstream investing, providing investors with more streamlined access.

🏛 US Government To Unveil Crypto Holdings: Will XRP, SOL, ADA Make the List?

The US government’s strategic crypto reserve has been a hot topic of discussion, sparking expert opinions and debates. While President Donald Trump has already signed an executive order for a Bitcoin reserve, the fate of XRP, SOL, and ADA hangs in balance. However, the Trump administration’s upcoming disclosure of its crypto holdings is expected to bring clarity to the inclusion of altcoins in the US reserve. Notably, the US Department of the Treasury and other government agencies are expected to expose their Bitcoin and other crypto holdings this week. Let’s unveil this crucial move’s potential implications on the US crypto and financial landscapes.

Markets

🚀 Bitcoin Price is Primed Breakout Amid Bullish Macroeconomic Outlook

Bitcoin (BTC) price has been hovering in the $80K to $85K region for some time, with no signs of a recovery. However, many investors are optimistic about a BTC and crypto recovery due to the improving macroeconomic conditions, especially the recent uptick in the Global Liquidity Index.

🔍 Is Solana Price Set for $200 or Will It Drop to $100?

As the crypto market recovers, Solana (SOL) remains under significant bearish pressure following a steep drop over the last month. The price of SOL lost roughly 10% last week, driven by intense market sell-offs. Currently, SOL is trading below the critical $130 support level. With a solid rejection at the $145 resistance, there is ongoing uncertainty among traders about whether the next major target will be $200 or $100.