Tag: Sol

Solana (SOL) Starts to Retreat From Highs as Momentum Shows Early Fatigue

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana (SOL) Cools Off After Rally While Market Eyes a Resistance Break

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana (SOL) Strengthens Above $135 as Market Sentiment Shifts Back Toward Bulls

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana (SOL) Slips Toward Key Support While Markets Brace for Next Big Move

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

New XRP and SOL ETFs from REX Shares to launch tomorrow

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Key Takeaways REX Shares is launching 2X leveraged ETFs for Solana (SOLX) and XRP (XRPK) providing daily double exposure to their respective assets. The ETFs use swaps and options to achieve 200% leverage, are managed by Tuttle Capital Management, and do not invest directly in spot SOL or XRP. Share this article New leveraged long XRP and Solana ETFs from REX Shares will start trading tomorrow after receiving listing and registration approval from the Cboe BZX Exchange, according to a Monday announcement. T-REX 2X $SOL and $XRP ETFs are launching…

CoinShares Unexpectedly Withdraws Staked SOL ETF Application

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Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed, according to the SEC filing, which states: “The Registration Statement sought to register shares to be issued in connection with a transaction that was ultimately not effectuated. No shares were sold, or will be sold, pursuant to the above-mentioned Registration Statement.” The first staked Solana (SOL) ETF, issued by REX-Osprey, debuted in the United States in June,…

Is the SOL price recovery done for now?

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SOL’s (SOL) recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch. Key takeaways: Solana TVL drops 20% in November, with a 16% decline in network fees, signaling weak network demand. SOL’s bear flag projects a deeper price correction to $100. SOL recovery at risk amid weak onchain activity As Cointelegraph reported, spot Solana exchange-traded funds (ETFs) ended their streak of net inflows, recording their first single-day net outflow of $8.2 million on Wednesday.   Related: Solana treasury backs ‘double disinflation’ plan amid 30%…

Malicious Chrome Plugin Skims SOL Without Draining Wallets

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A malicious Google Chrome browser extension is letting users trade on Solana, while quietly skimming a fee from every swap into the creator’s wallet. According to a Tuesday report by cybersecurity company Socket, the Google Chrome extension allows users to trade on Solana (SOL) from their X social media feed. Unlike typical wallet-draining malware that tries to steal the entire balance, Crypto Copilot “injects an extra transfer into every Solana swap, siphoning a minimum of 0.0013 SOL or 0.05% of the trade,” Socket found. On the back end, Crypto Copilot…

Upexi Treasury raises $23M to expand SOL holdings

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Key Takeaways Upexi, a company focused on Solana, raised $23 million in a private placement to expand its SOL holdings. The private placement featured common stock and warrants, priced above the at-the-market rate per Nasdaq rules. Share this article Upexi, a Solana-focused treasury company, today raised $23 million through a private placement offering to expand its SOL token holdings. The company acquires, holds, and stakes SOL tokens to provide digital asset exposure through equity securities. The private placement was priced above the at-the-market price under Nasdaq rules and included common…