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21Shares files S-1 for spot Solana ETF in the US
21Shares files S-1 for spot Solana ETF in the US

Quick Take 21Shares is the second firm in as many days to file to launch a SOL exchange-traded fund in the U.S. Like VanEck, the firm also believes Solana’s native token should be treated as a commodity. The SEC’s Enforcement Division has already said SOL is a security — which may be a serious roadblock to launching these funds, experts say.

The Block·2024/06/28 16:40
Crypto Analyst Compares 2024 to 1995, Forecasts Bitcoin Bubble on the Horizon
Crypto Analyst Compares 2024 to 1995, Forecasts Bitcoin Bubble on the Horizon

Bitcoin prices could be poised to trade upwards again despite continuing to downtrend this month, according to analysts who are eyeing the Federal Reserve’s next move.

Cryptopotato·2024/06/28 16:10
Flash
14:51
BlackRock: Bitcoin May Be Viewed as a Supplementary Investment Tool
Odaily reported that BlackRock posted on X, stating that Bitcoin's role in investment portfolios is evolving and may be considered a complementary diversification tool. BlackRock believes that a moderate allocation (typically around 1-2%) could influence the portfolio's return potential while maintaining appropriate risk tolerance.
14:43
EF researcher Justin Drake: Vitalik will join the Strawmap architecture team, and Ethereum block rewards will further decrease
Foresight News reported that Ethereum Foundation researcher Justin Drake posted on Twitter about several recent developments, including: Justin Drake has agreed to provide pro bono consulting for a potential $100 million Ethereum public goods fund, with further details to be announced soon. In addition, a team of five people, including Vitalik and Justin Drake himself, will join the architecture team for the Strawmap roadmap draft. Finally, an EIP aimed at reducing Ethereum block rewards will soon be released. This EIP will ultimately lower the Ethereum block reward to 0.25 ETH, and block rewards will no longer be issued when the amount of Ethereum staked exceeds 50% of the total supply.
14:43
US Stock Movement: Carnival Cruise drops over 10% as adjusted Q3 profit guidance falls short of expectations
Glonghui, June 23 — Carnival Cruise (CCL.US) once fell by more than 10%, hitting a low of $27; currently, the decline has narrowed to about 6.5%. According to reports, Carnival Cruise predicts that profit in the third quarter will be lower than expected, as the ongoing impact of rising fuel prices under geopolitical tensions continues to drag on the cruise operator’s profit margin. The company expects adjusted earnings per share for the quarter to be about $1.35, below analysts’ expectations of $1.42. (Glonghui)
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