Day: June 11, 2025

And of course, this comes with a side of growing faith in Ethereum’s long-term performance and its DeFi exposure. Because nothing says “trust me” like a volatile market! 🙃

Our dear Nate Geraci, the president of The ETF Store, has boldly proclaimed that the Grayscale Digital Large Cap (GDLC) Fund may indeed receive the nod from the U.S. SEC before any spot Solana ETFs. In a recent post on the platform formerly known as Twitter, he rather cheekily noted that it’s “pretty clear where this is all heading.” One can only imagine the drama unfolding behind the scenes, as crypto enthusiasts clutch their pearls in anticipation.

In a recent proclamation that could make even the most stoic of folks crack a smile, Binance announced that Syria has been given a shiny new badge, no longer labeled as a “prohibited country.” Why, it’s like being let out of the naughty corner! Syrian residents can now waltz right in, register, and dive headfirst into the crypto pool.

In a tweet that has all the suspense of a cliffhanger in a soap opera, EGRAG asked: Will the next major cross be a fiery red or a pristine white? The answer, it seems, is crucial, as previous cycle tops and pivotal turning points in XRP’s price action have been eerily aligned with these color-coded signals. Who knew colors could be so dramatic?

According to a recent report from ABC News—because who doesn’t love a good news bite?—local merchants and community workers have begun to embrace BTC payments. When one grocery seller was asked why he had chosen this digital currency, he replied with a grin,

Ethereum has finally broken free from its month-long hibernation, and according to the crystal ball at Glassnode, we now have some fancy technical levels to obsess over. Apparently, there’s a strong support zone between $2,700 and $2,760, where over 2 million ETH are lounging around like they just won the lottery during the recent consolidation period. Talk about a cozy little floor!

Dogecoin was down nearly 4% at 19 cents, while Tron’s TRX slipped 5.5% to 27 cents. XRP, BNB Chain’s BNB, Solana’s SOL, and Cardano’s ADA showed losses as much as 3%. It’s like a crypto version of “Survivor” where only the strong survive. 🏝️

CryptoQuant, the oracle of our times, has unveiled a chart that reveals the monthly contract interactions of USDT (TRC-20) and the total transfer volumes. The data, like a well-timed sonnet, shows a steady crescendo throughout early 2025, reaching a euphoric peak in May, only to plummet dramatically in June. Talk about a rollercoaster ride! 🎢

According to a recent scroll from the oracle known as Bloomberg, the MAS has nudged a number of crypto exchanges to take a long, hard look at their operations. This isn’t just a gentle suggestion; it’s more of a “you’d better do this or else” kind of nudge. The initial warning was delivered with all the subtlety of a sledgehammer at the end of May, followed by a clarifying nudge on June 6, which was basically a polite way of saying, “Get out by June 30, or we’ll have to talk.”