Author: James Wilson
Cboe BZX Exchange has officially filed form 19b-4 for a new Solana exchange-traded fund with the U.S. Securities and Exchange Commission. The filing with the SEC sees Cboe officially add Fidelity’s proposed Solana (SOL) ETF to the growing list of altcoin related applications before the U.S. securities watchdog. With form 19b-4, Cboe is looking for SEC’s approval of a proposed rule change that will see the exchange list and trade shares of the Fidelity Solana Fund. Application for a nod from the regulator follows the registration of a Solana trust with the CSC Delaware Trust Company. Fidelity Investments now joins…
Coinbase has announced its support for Celo’s migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during the upgrade. Celo’s move to Layer-2 aims to leverage Ethereum’s (ETH) robust security and expansive ecosystem while retaining its hallmark features, such as low transaction fees and fast settlement times. This strategic shift is expected to enhance scalability, reduce costs, and improve interoperability with Ethereum-based applications. Celo is transitioning from a Layer 1 blockchain to an Ethereum Layer 2.…
The Asia Web3 Alliance Japan has submitted a proposal to the U.S. Securities and Exchange Commission’s Crypto Task Force, advocating for a strategic collaboration on tokenization and Web3 regulation. The proposal sent to the SEC calls for a joint effort between the SEC, Japan’s Financial Services Agency, the Ministry of Economy, Trade and Industry, and the Bank of Japan to establish regulatory clarity and foster interoperability between the two markets. The initiative highlights several key objectives, including the development of a harmonized token classification framework to distinguish between tokenized securities, utility tokens, and non-security digital assets. It also proposes a…
Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty. Just days after the SEC dropped its case against XRP (XRP) creator Ripple, the company has confirmed it is also dropping its counter-appeal. In a post on X, Alderoty said both parties had not only agreed to withdraw their respective appeals but had also settled on a reduced fine, cutting the original $125 million penalty to $50 million. “The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI’s adoption and AI-driven blockchain solutions fuel speculation on its price soaring to $2. Lightchain AI’s presale has already raised over $17.9 million at a price of $0.007, highlighting strong investor confidence in its AI-powered blockchain vision. With its rapid adoption and technological advancements, many believe a $2 price target is not just possible but inevitable. The question now is; when will it happen? As market conditions shift and demand for AI-driven crypto solutions rises, Lightchain AI continues…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Learn what’s shifting in Ethereum analysis, what’s behind PI coin’s fall, and how BlockDAG’s SpaceDev deal and $30m grants shape the next era of blockchain. Ethereum’s chart is starting to show signs of life, and the latest Ethereum (ETH) analysis breaks down why some analysts think a trend reversal might be close. That shift in sentiment comes as other projects face headwinds, like the PI coin price sliding after Binance left it off a key listing vote. But not…
Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds. The protocol has since disabled borrowing across all cauldrons and is working with blockchain security firms to track the stolen funds, according to a company statement. The attack, which blockchain security firm PeckShield first flagged, targeted the integration between GMX decentralized exchange and Abracadabra’s lending contracts. “The full damage of the attack is currently being assessed. We are working together with Guardian Audits, GMX, and other security peers to identify the execution…
Cardano price has remained in a tight range over the past few weeks as market participants await the next catalyst. Cardano (ADA) was trading at $0.760, down by 43% from its highest level in December last year. It has underperformed other popular coins like Mantra (OM) and Cronos (CRO) this month. Cardano has three main catalysts that could propel it to $2 in the coming months. First, there are signs that whales are accumulating the coin in anticipation of more gains ahead. Data shows that whales have acquired over 240 million ADA coins in the past week, valued at over…
XRP has stalled this week even after Ripple CEO Brad Garlinghouse shared his views on how Ripple will compete with SWIFT. Ripple (XRP) was trading at $2.40 on Tuesday, holding steady over the past few days. The price is about 28% above its lowest level this month. In an interview with Fox Business host Maria Bartiromo, Garlinghouse said he was confident that Ripple would become a viable rival to SWIFT over time. He argued that SWIFT has been around for over 50 years and that its technology is due for disruption. SWIFT, which handles over $150 trillion annually, is often…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Tesla’s $800 billion market wipeout isn’t about technology; it’s a stark lesson in the power of reputation, something Graphite Network has been building around from day one. Tesla’s market capitalization has taken a brutal $800 billion hit, dropping nearly 50% from $1.5 trillion in December 2024 to about $760 billion by March 10, 2025, according to data from Nasdaq. The culprit? Elon Musk’s polarizing political moves and statements, which have tanked sales and spooked investors despite Tesla’s tech and…