Trump Media & Technology Group, the company behind Truth Social, has made a very bold move. They’ve done so by filing for a cryptocurrency Exchange Traded Fund (ETF) with the Securities and Exchange Commission (SEC). This would be the social media giant’s second crypto ETF application in under two weeks....
CoinShares wants a Solana ETF. Great. Additional opportunities for people to get familiar with crypto. Before you dive in, we’d like to discuss some of the more dangerous realities – ones the corporate press isn’t telling you. Sure, everyone wants more staking rewards— like, a lot— but that’s seeing the...
The cryptocurrency community has been abuzz ever since this latest development in the ongoing ETF saga hit the wires. With today’s announcement, CoinShares—the foremost firm in the world for digital asset investment—has joined the fray in earnest. Similar to Nasdaq and Cboe, they have filed a Form S-1 with the...
Naturally, everybody is clambering over each other about the apparently imminent Solana ETF. CoinShares has filed, analysts are (cautiously) optimistic and the price of SOL is, uh… doing whatever it’s doing. But before you pop the champagne, let's pump the brakes and ask the question nobody seems to be asking:...
Earlier this month, European digital asset manager CoinShares filed for a Solana exchange-traded fund (ETF). This news follows recent Form D filing with the U.S. Securities and Exchange Commission (SEC) posted Friday. Notably, CoinShares is raising the stakes by applying for a Solana ETF. With this move, they join a...
You're seeing the headlines, right? ETH ETFs are surging! BlackRock is pushing them hard! And as all the big players are clamoring to get in, hoping to find the next Bitcoin-level moonshot. But wait a minute, though. Beneath the surface of these shiny new ETFs lies a fundamental flaw that...
The glossy ads are everywhere. BlackRock wants you to diversify. They want you to access the future. It’s all a plot to sell you their ETH ETF. While Wall Street rejoices over its successful attempts to “democratize” crypto, another reality is taking shape. This new narrative is definitely a departure...
The world of crypto is rarely straightforward. Miles O’Connor, seasoned crypto analyst and voice of BlockOpulent.com, dives deep into a perplexing trend: ETH exchange-traded fund (ETF) inflows are surging, yet the price isn't mirroring that enthusiasm. What gives? It's a question that demands a nuanced understanding of Ethereum's unique ecosystem,...
Bitcoin (BTC) is painting a picture of indecision right now as it’s locking in a Doji candlestick pattern on the weekly chart. This pattern indicates a tug-of-war between buyers and sellers, with market participants unsure about the short-term trajectory of the cryptocurrency. Traders, on the other hand, are watching a...
Ethereum was trading at $2,508 on June 14 and was down 0.88% in the past 24 hours. Nonetheless, in spite of this slump, Ethereum has largely held above the key $2,500 support level. The asset held very steady during that time frame, despite pulling back from local tops around $2,870.According...
