Crypto News
Solana Hits Highest Price This Month Amid Coinbase Upgrades, Canadian ETF Launches
Solana is outpacing Bitcoin, Ethereum, XRP, and other major coins right now, rising to its highest price so far this month Thursday.Source link
VanEck Onchain Economy ETF Receives SEC Nod, Eyes May 14 Debut
The fund will hold between 30 and 60 assets linked to the blockchain economy. Source link
Dollar Reined in After First Currency Control Free Week in Argentina
The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of 1,160 pesos per dollar. The rate, which is closer to the stronger side of the established fluctuation band, has spurred speculation about a possible interventionSource link
China Is Fueling Crypto Crime, From North Korea to Mexican Cartels: TRM
Crypto’s most notorious criminals share a common link: They rely on a small clique of underground Chinese bankers to survive, new research shows.Source link
Solana Surges 4.5% as Canada Launches First Spot ETFs
Global economic tensions and trade policy uncertainties continue to create volatility in the crypto market, with SOL navigating these challenges better than many alternatives. Solana token's price rose more than 4% on Thursday, while the broader market gauge, CoinDesk 20, rose about 3%. The $125-$127 range for SOL has emerged as a critical support zone that successfully rejected multiple downside attempts, while the $133.50-$133.60 area represents significant resistance, according to CoinDesk Research's technical analysis model. Blockchain data shows over 32 million SOL (more than 5% of the total supply) accumulated at the $129.79 level, establishing it as a crucial pivot point for future price action.Technical Analysis HighlightsSOL established a well-defined support zone between $125-127, which successfully rejected multiple downside attempts.The...