NFT News Today TheBittimes.com

Solana is poised for “an epic end-of-year run” as possible Solana ETF launches and a $1.65 billion corporate treasury commitment provide the firepower for a rally. That’s according to Bitwise’s Chief Investment Officer (CIO) Matt Hougan, who said in a Sept. 9   memo to investors that “Solana season” could echo the dynamics that drove Bitcoin and Ethereum to multiple new all-time highs. “When demand exceeds supply, prices typically go up,” he wrote. Several major issuers, including Grayscale, VanEck, Fidelity, and Franklin Templeton, have filed for spot Solana ETFs, with the Securities and Exchange Commission (SEC) rulings due by October 10. At the same time, Galaxy Digital, Jump Crypto, and Multicoin Capital have pledged $1.65 billion to Forward Industries, a new publicly traded Solana treasury company that will buy and stake SOL at scale. Forward Industries has also named Multicoin co-founder Kyle Samani as chairman, positioni...

Fartcoin led the crypto market rebound after US President Donald Trump announced a 90-day pause on most trade tariffs, jolting markets out of a slump. The surprise move reignited risk appetite, prompting surges for all the top 10 cryptos except USDC. As of 3:52 a.m. EST, Bitcoin was up 4.8% to trade at $81,644, Ethereum climbed 7.7%, and XRP 8.8%. FARTCOIN soared 31%, according to CoinMarketCap, while crypto asset manager Bitwise reiterated its call that Bitcoin will hit $200K by year-end. Crypto Market Rebounds As Trump Tariffs Are Paused On Most Nations  The rally by FARTCOIN follows Trump’s announcement that he will pause tariffs on most of the country’s trade partners for 90 days.  In an April 9 Truth Social post , Trump said that the decision was “based on the fact that more than 75 Countries have called Representatives of the United States” to negotiate trade deals. In addition to the pause, Trump has also authorized “a substantially...

The world’s largest crypto index fund manager, Bitwise, has officially filed for a Spot Dogecoin (DOGE) ETF, according to a new SEC filing. Bitwise joins Rex Shares and Osprey as the latest applicant for a DOGE ETF, looking to add to its existing Bitcoin and Ethereum ETF offerings. “When the Trust creates or redeems its Shares, it will do so in blocks of 10,000 Shares (each, a “Basket”) based on the quantity of Dogecoin attributable to each Share of the Trust (net of accrued but unpaid expenses and liabilities) multiplied by the number of Shares (10,000) comprising a Basket (the “Basket Amount”),” the filing reads. JUST IN: Bitwise files for spot Dogecoin $DOGE ETF. — Watcher.Guru (@WatcherGuru) January 28, 2025 The development is currently touted as extremely bullish. Dogecoin in the form of an ETF has been requested for years due to DOGE’s incredible token popularity. If approved by the US SEC, the development can be incredibly bullish for the meme coin, helping it...