AltXCrunch

07/05/24 | 21Shares' Solana ETF, Sony's Crypto Exchange, Circle's MiCA Compliance, Justin Sun's Bitcoin Offer, Bitcoin Price Dip


Listen Later

In this episode of AltXCrunch, we dive into the latest in cryptocurrency news. 21Shares has submitted an application for a spot Solana ETF with the U.S. SEC, following VanEck's similar filing. This ETF, if approved, would track the price of Solana and trade on the Cboe BZX Exchange. Meanwhile, Sony Group announces its plans to launch a crypto exchange in Japan, integrating with Sony's ecosystem and offering NFT rewards through Sony Bank. Circle becomes the first global stablecoin issuer to comply with the European Union's MiCA regulatory framework, allowing it to issue USDC and EURC within the EU. Additionally, Justin Sun, the founder of Tron, has offered to buy the remaining Bitcoin held by the German government to minimize market impact. Lastly, Bitcoin's price has dropped below the 200-day moving average for the first time in 10 months, signaling a potential long-term bearish trend. Stay informed with Mackenzie on AltXCrunch, your go-to source for the latest in digital assets.

For any questions or comments, please feel free to share your thoughts with us: https://open.firstory.me/user/clu9fc7oo00h5011h1msqew8g/comments

---

AltXCrunch is powered by ALTINVEST, a state-of-the-art Al based Intelligent Strategic Lending Bot that can maximize lending profit with minimal efforts.
Unlock your passive income 👉 https://reurl.cc/rrma7k



Powered by Firstory Hosting
...more
View all episodesView all episodes
Download on the App Store

AltXCrunchBy ALTINVEST