Crypto News
ATOM Rebounds After Dip, Establishes New Support Level
Tensions in the Middle East continue to shape cryptocurrency markets as ATOM demonstrates remarkable resilience in recent trading. The Cosmos ecosystem token recovered from a significant dip to $3.939, establishing crucial support around the $4.000 psychological level despite broader market uncertainty. Technical analysisATOM-USD demonstrated resilience over the 24-hour period, recovering from a significant dip to $3.939 at 17:00 on June 18 to establish a new support zone around $3.994-$4.000.The overall range of $0.121 (3.05%) reflects moderate volatility, with a notable bullish surge occurring at 20:00 when price jumped 2.16% on above-average volume, establishing resistance at $4.059.The $4.000 psychological level has emerged as a key support zone with multiple tests confirming buyer interest, while the 4-hour chart shows a developing ascending...
Solana Will Flip Ethereum, Anthony Scaramucci Predicts
The SkyBridge Capital founder is leaning into Solana’s “Ethereum killer” narrative—and going against Standard Chartered's recent prediction.Source link
Up 543%: Wall Street Wakes up to Circle’s $44B Boom After GENIUS Act Approval
Data indicates that Circle Internet Financial’s stock has been on a steady climb, experiencing a notable jump after the U.S. Senate approved the GENIUS Act stablecoin legislation. Since its public debut, Circle’s share price has appreciated more than 500% against the U.S. dollar. From $31 to $199: Circle Shares Soar After Senate Embraces Stablecoins TheSource link
CoinDesk 20 Performance Update: Uniswap (UNI) Gains 4.3%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3001.7, up 0.8% (+23.65) since 4 p.m. ET on Wednesday.Seventeen of 20 assets are trading higher.Leaders: UNI (+4.3%) and POL (+2.8%).Laggards: AVAX (-1.9%) and DOT (-0.9%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
SOL Strategies Files to list on Nasdaq
SOL Strategies, a Toronto-listed digital asset firm focused on Solana, filed with the U.S. Securities and Exchange Commission (SEC) to list on Nasdaq, as the company seeks access to the world's largest economy.The company filed a 40-F form, according to a filing on Wednesday. The 40-F form is required from Canadian companies wishing to offer securities in the U.S. If the company gets approved by the SEC it will operate under the ticker STKE, it said.Getting approved by the SEC would grant the company access to Nasdaq, the world's second largest stock exchange.Shares of SOL Strategies closed over 4% higher on Wednesday at Canadian dollar $2.38.SOL Strategies has been ramping up its SOL investment. In May, it acquired 122,524 SOL...