Tag: News

Options Corner: Monetary Policy Turmoil Hands Over A Contrarian Case For Coinbase

A plummeting cryptocurrency market has hit blockchain-adjacent enterprises hard, with Coinbase Global Inc (NASDAQ:COIN) being one of the more prominent victims. Because the company’s success is directly tied to the health of cryptos, it wasn’t surprising that COIN stock plunged. However, the bigger issue is the Federal Reserve, which...
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The Second XRP ETF Hits US Markets Today: Here’s How It’s Going So Far

The third-largest non-stablecoin cryptocurrency has another exchange-traded fund tracking its performance going live today on Wall Street. After Canary Capital’s launch last week, Bitwise’s XRP ETF hit the New York Stock Exchange under the XRP ticker as of this morning. The company behind the asset described it as a...
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Analyst Calls Cardano A ‘Ghost Chain’ Amid Disappointing Network Metrics

Cardano’s price action has been trending downwards alongside the rest of the crypto market, but the on-chain side of things shows the blockchain activity is failing to keep pace with expectations for a top-tier blockchain.  Recent weeks have shown sluggish participation across key network indicators, and the stagnation has...
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This New Solana ETF By Canary Wants To Make Crypto Income A One-Click Affair

Canary Capital Group has launched a new exchange-traded product that aims to capture the growing interest in Solana and yield-generating crypto strategies. Canary Marinade Solana ETF (NASDAQ:SOLC) has been positioned as a way for investors to gain spot exposure to SOL, the native token of the Solana (CRYPTO: SOL) blockchain, while...
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