Author: James Wilson

Can Solana price recover after dipping this week, even as VanEck’s new ETF opens another regulated path for investors? Summary Solana price has pulled back sharply, trading well below levels seen a month earlier despite the launch of VanEck’s new ETF. The ETF includes fee waivers, staking plans, and institutional-grade custody, adding another regulated option alongside Grayscale’s earlier product. Analysts say Solana is nearing a support band that will determine whether the decline continues or stabilizes. VanEck has launched its Solana ETF on Nasdaq, giving institutions another route into the Solana market at a time when the token is under…

VanEck, Grayscale launch Solana ETFs; price swings, inflows key Summary VanEck introduced a Solana ETF on Nasdaq Nov. 17, offering institutional access, with initial fees waived and staking rewards passed to investors. Grayscale launched a spot Solana fund in late October, gathering significant assets quickly and sharing staking yield with investors after reducing fees. Solana’s price declined sharply recently amid volatile trading, while analysts expect ETF inflows to hinge on the token’s market direction and critical support levels. VanEck launched its Solana exchange-traded fund on Nasdaq on Nov. 17, providing institutional access to the cryptocurrency, the company announced. The fund…

Amplify has launched the XRP 3% Monthly Premium Income ETF, the first of its kind to track XRP exposure through options strategy. Summary Amplify has launched the XRP 3% Monthly Premium Income ETF The ETF will use an options strategy to give investors XRP exposure and yield The fund will target a 3% monthly return, corresponding to 36% in annual returns. Investors on the stock market have an ever-increasing number of crypto investment options to choose from. On Tuesday, November 18, Amplify ETFs launched the Amplify XRP 3% Monthly Premium Income ETF (XRPM). Touted as a first-of-its-kind product, XRPM will…

Switzerland’s AMINA Bank AG has received the regulatory clearance to offer crypto trading and custodial services to institutional clients across Hong Kong. Summary AMINA Bank has received approval from Hong Kong’s SFC to offer crypto trading and custody services. The bank will offer 13 cryptocurrencies, including Bitcoin, Ethereum, USDC, and Tether, to professional investors. Hong Kong is one of the most tightly regulated yet forward-looking crypto markets in Asia, and AMINA has become the first international banking group to receive the “Type 1 license uplift” from the city’s financial regulators, the bank said in a Nov. 18 announcement. “Hong Kong…

The Trump family is further expanding into crypto, this time with real-world assets and the Saudi crown prince. Summary The Trump Organization will license its name to the luxury hotel in the Maldives The hotel will enable investors to own stakes through tokenized real-world assets Trump-linked firm partnered with a Saudi-based developer, Dar Global, for the hotel deal On Tuesday, November 18, the Trump Organization announced plans to develop a luxury resort in the Maldives, offering ownership stakes through digital tokens. The upcoming resort, set to open in Malé by 2028, will feature approximately 80 ultra-luxury villas. These will include…

Aave has introduced a mobile savings application that mimics banking interfaces to offer users stablecoin access in ways that standard savings accounts typically can’t. Summary Aave’s new mobile app enables users to convert euros and dollars into stablecoins that generate interest. The app offers stablecoin yields that outperform traditional savings accounts and U.S. Treasury bills. By leveraging Apple’s iOS platform, Aave aims to offer up to $1 million in user balance protection. The line between DeFi and TradFi gets blurry According to the decentralized finance protocol, the new app functions on Apple’s iOS platform. It also removes previous obstacles that…

Multiple cryptocurrency wallets that used to store Libra meme token funds have resumed operations after several months of inactivity to buy Solana using stablecoins during market downturns, according to blockchain tracking data. Summary Multiple wallets that were previously inactive after the collapse of the Libra meme token have started buying Solana using stablecoins during market downturns. The wallets, which were tied to a failed token project endorsed by Milei, are under scrutiny due to their association with the token’s rug pull and ongoing legal issues. Major investors bought large amounts of Solana, leading to significant market movement and changes in…

Crypto exchange KuCoin has entered the Australian market with a new office in Sydney as it continues to grow its global footprint. Summary KuCoin has opened a new regional headquarters in Sydney. James Pinch, a former executive at OKX and CMC Markets, has been appointed managing director to lead the Australian operations. KuCoin launched in Thailand earlier this year. According to the official Nov. 17 press release, the Sydney office will serve as the exchange’s regional headquarters while it tries to establish its presence in one of the world’s most closely watched and fast-evolving crypto markets. KuCoin will begin hiring…

Crypto prices continued their downtrend on Tuesday, Nov. 18, as Bitcoin dipped to a nearly 7-month low and altcoins bled, with crypto liquidations topping $1 billion. Summary The crypto market fell over 5% on Tuesday amid the ongoing bear market. Bitcoin’s drop below $90k amid other macroeconomic concerns triggered the losses. The Crypto Fear and Greed Index has dropped to its lowest level since February. Bitcoin (BTC), the world’s largest crypto asset, sharply fell from $95,903 to an intraday low of $89,455, its lowest level since April. Trading at $89,812 when writing, it is down 5.1% in the past 24…

Can Bitcoin regain momentum after forming a death cross, or will the setup echo the extended weakness seen in 2022? Summary Bitcoin has formed a death cross after falling below its 50-day and 200-day moving averages. Analyst Ali Martinez points to historical cycles and MVRV data to outline possible lower levels if weakness continues. Egrag Crypto disagrees, arguing that moving averages have lost reliability and that the market remains intact above long-term support. Bitcoin has entered a technical pattern commonly known as a death cross, as its short-term moving average has fallen below its long-term moving average. The formation appeared…