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Solana ETF Update: Several Fund Managers Files Updated Form S-1 With U.S. SEC
The post Solana ETF Update: Several Fund Managers Files Updated Form S-1 With U.S. SEC appeared first on Coinpedia Fintech News Several fund managers have heeded the request from United States Securities and Exchange Commission (SEC) to file amended form S-1 for their respective spot Solana (SOL) ETFs. On Friday, all fund managers seeking to offer spot Solana ETFs filed amended Form S-1. On the top list of fund managers seeking to offer spot Solana ETFs in the United States include Franklin Templeton , Fidelity , VanEck , Bitwise , and Grayscale Investments . As Coinpedia reported earlier this week, the U.S. SEC is likely to respond to the form S-1 in the next 30 days, thus triggering a potential altcoin ETF summer in the subsequent months. Furthermore, Polymarket users predict that there is a 91 percent chance that the U.S. SEC will approve Solana ETFs by the end of 2025. Market Impact on Solana and its altcoins The Solana network has recorded significant growth in the past year to scale its throughput and facilitate mainstream adoption of web3. The imminent approval of spot Solana ETFs in the United States will present a major competition to the Ethereum (ETH) dominance in the crypto market. Furthermore, the Solana network has already attracted several companies that have adopted SOL as a treasury management tool. For instance, SOL Strategies Inc. (CSE: HODL) holds more than 420k Solana coins for its treasury management. The ultimate impact of the rising adoption of Solana by institutional investors is a major bull rally by the end of this year. According to Matt Hougan , CIO at Bitwise, the wider cryptocurrency market is currently in a summer of accumulation ahead of an epic rally by EOY.

coinpedia 2025-06-14 01:21
Bitcoin Could Potentially Reach $119K If Oil Rally Patterns Persist, Analysts Suggest
Bitcoin’s potential surge to $119K is drawing attention due to parallels with historic oil rally patterns, sparking speculative discussions in crypto markets. Despite the buzz, no institutional endorsements or official

CoinOtag 2025-06-14 01:20
Oracle’s share price surged by about 24% in one week
Oracle’s share price surged by about 24% this week, marking its strongest performance since April 2001, as investors reacted positively because of strong earnings and a positive outlook for its cloud business. Nearly all of the gains came in the two trading days following the release of Oracle’s quarterly results, reported CNBC . The last time the company saw a comparable weekly spike was during the dot-com crash in April 2001, when any rebound was short-lived. In contrast, Oracle had seen its share price plunge by almost 50% in the previous quarter. The company is no longer behind in cloud computing. It has found its niche and is attracting customers who want to run AI workloads on its systems “Oracle is in the enviable position of having more demand than it can fulfill” noted Joseph Bonner, an analyst at Argus Research, in a client bulletin on Friday. He advised investors to buy the stock and boosted his 12-month price target from $200 to $235. Oracle Corp shares closed at $215.22 on June 13, 2025. Source: Google Finance On Friday, Oracle shares closed at a record high of $215.22. In its earnings announcement late Wednesday, Oracle reported revenue and profit that beat analysts’ expectations. CEO Safra Catz projected that fiscal-year sales would top $67 billion, above the $65.18 billion consensus forecast from LSEG. Oracle has been racing to catch up with Amazon, Google and Microsoft “The demand is astronomical,” said Chairman Larry Ellison during the earnings call. “But we have to do this methodically. The reason demand continues to outstrip supply is we can only build these data centers, build these computers, so fast.” In the fiscal year ended May 31, the company’s capital spending exceeded $21 billion, a sum greater than its total investment from 2019 through 2024. Catz told investors that spending should climb to $25 billion in fiscal year 2026. By comparison, Google plans about $75 billion in capital outlays this year, and Microsoft aims for $80 billion. Oracle’s roster of cloud customers now includes major AI players such as Meta , OpenAI and Elon Musk’s xAI, all of which rely on Nvidia graphics processors to train generative AI models that can produce text, images and video from simple prompts. This week, Oracle also added startups Baseten, Physical Intelligence and Vast Data to its cloud lineup. “We will build and operate more cloud infrastructure data centers than all of our cloud infrastructure competitors combined,” Ellison added. So far in 2025, Oracle shares have risen about 29%, while the Nasdaq composite has gained less than 1%. Among top U.S. technology firms, Meta is the next best performer this year with a roughly 17% increase. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Cryptopolitan 2025-06-14 01:18
Bitcoin Long-Term Holders Show Strong Accumulation Amid Whale Selling and Resistance Near $112K
Bitcoin’s recent price rejection near $112K contrasts sharply with record-breaking accumulation by long-term holders, signaling a complex market dynamic. While whale wallets continue to offload significant BTC amounts, long-term holders

CoinOtag 2025-06-14 01:17
$CERO at Risk of Delisting from Nasdaq
$CERO at Risk of Delisting from Nasdaq

CoinOtag 2025-06-14 01:15
Anthony Pompliano to Buy Bitcoin at Scale: Will ProCapBTC’s $750M Plan Succeed?
Pompliano’s ProCapBTC aims to raise $750M to acquire large amounts of Bitcoin. Columbus Circle Capital 1 to merge with ProCapBTC, enabling a major Bitcoin treasury move. Trump’s pro-crypto stance fuels fresh interest in digital assets and crypto market growth. Anthony Pompliano, a prominent digital assets entrepreneur and podcast host, is reportedly set to become CEO of ProCapBTC, a new investment firm aiming to acquire large amounts of Bitcoin . ProCapBTC plans to raise $750 million by merging with Columbus Circle Capital 1, a special purpose acquisition company (SPAC) backed by investment firm Cohen & Company. JUST IN: Anthony Pompliano in talks to lead public firm seeking $750 million to buy #Bitcoin : Financial Times pic.twitter.com/aIN2obsbDb — Bitcoin Magazine (@BitcoinMagazine) June 13, 2025 The funding breakdown includes $500 million in equity and $250 million in convertible debt. Sources close to the matter indicate that the deal could be announced as early as next week, although final terms have not been confirmed. If completed, the transaction would mark one of the largest Bitcoin-focused treasury initiatives in recent months. Cohen & Com… The post Anthony Pompliano to Buy Bitcoin at Scale: Will ProCapBTC’s $750M Plan Succeed? appeared first on Coin Edition .

Coin Edition 2025-06-14 01:15
Cardano Founder Hoskinson Proposes Swapping $100 Million Of ADA For Bitcoin And Stablecoins
Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens from the project’s treasury into Bitcoin (BTC) and stablecoins to enhance liquidity and boost the growth of Cardano’s decentralized finance (DeFi) ecosystem. “We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins incumbent in Cardano, so USDM and USDA, as well as ADA-backed stablecoin synthetics like IUSD, and convert some of it into Bitcoin to prime Bitcoin DeFi,” Hoskinson opined on a recent YouTube live stream . Hoskinson suggested that strategically diversifying treasury holdings could help improve Cardano’s low stablecoin-to-DeFi ratio, which currently stands at under 10%, with roughly $32 million in stablecoins and $330 million in total value locked (TVL). This pales in comparison to rivals like Ethereum and Solana, which currently boast 190% and 110%, respectively. The goal is to get Cardano’s ratio of stablecoin issuance and TVL to around 33% to 40%. In fact, he claimed that the stablecoin situation is “killing Cardano” and that the proposal would generate “non-inflationary revenue” and help build the Cardano DeFi economy. Hoskinson indicated that Cardano’s $1.2 billion treasury, or 1.7 billion ADA, could safely allocate 5–10% into stablecoins and Bitcoin without any significant impact. He then dismissed claims that a $100 million sale would negatively affect the price of ADA, calling the skeptics “inexperienced,” before asserting that the sale would be absorbed by Cardano’s trading volume: “Hundreds of millions of dollars of ADA change hands on a daily basis, and the markets are deep enough that it could absorb within 30 to 90 days using TWAPs, OTCs, and other mechanisms, a hundred million dollar sale without moving the ADA price in any significant fashion.” The proposal includes proposals for yield-generating instruments and potential governance structures, including an elected board to manage the decentralized Cardano sovereign wealth fund (SWF). According to Hoskinson, the SWF is similar to how nations like Norway invest sovereign wealth into assets for future benefits. The generated income could be used to buy back ADA, which could spur demand for the token and boost its market price. ADA has tanked 7% over the past 24 hours to $0.6377, according to crypto data provider CoinMarketCap. The fall comes as the wider crypto market plummets in the wake of Israel’s airstrikes on Iran .

ZyCrypto 2025-06-14 01:14
Circle Stock Surges Amid Stablecoin Expansion While GameStop and SharpLink Face Market Uncertainties
Circle’s stock surged dramatically this week, highlighting renewed investor confidence in stablecoins amid significant industry developments. Meanwhile, GameStop’s shares declined following a large convertible note offering, reflecting investor uncertainty about

CoinOtag 2025-06-14 01:14
There Is No ‘Easy Road’ For Regulation Despite CFTC’s Pro-Growth Stance, Commissioner Caroline Pham Says
Caroline Pham, the current Acting Chair of the Commodity Futures Trading Commission (CFTC), says there will be no “easy road” ahead despite the regulator taking a new “pro-innovation” stance toward digital assets. Caroline Pham Throws Cold Water on Bad Actors in New Remarks Speaking with Yahoo Finance at the Coinbase 2025 State of Crypto Summit in New York City on Thursday, Pham clarified that just because members of the cryptocurrency community are bullish about the agency’s new growth-friendly stance does not mean the agency will let bad actors off easy. We have to Uber-ize crypto, according to CFTC acting chairman @CarolineDPham . What she means: pic.twitter.com/cDijBJIUVL — Yahoo Finance (@YahooFinance) June 12, 2025 “There is no easy street for anybody, and regulators aren’t easy,” Pham said. “Just because we are pro-innovation and pro-growth does not mean that you’re going to get away with breaking the law. This is where I’m talking about not twisting the law to criminalize an asset class or technology, but I’m talking about lying, cheating, or stealing.” “Fraud is always illegal,” she added. “Those are criminals who deserve to be caught, punished, and held accountable.” Pham also expressed her enthusiasm for U.S. President Donald Trump’s pick to spearhead the CFTC , Brian Quintenz, as he makes his way through the nomination process. “I’m so excited for Brian to come and for him to come and bring his leadership to the CFTC,” Pham said. The CFTC Faces Drastic Departures of Officials Pham’s comments come as the federal watchdog faces a major staffing shakeup. Four CFTC commissioners have announced their departure in recent months under the new Trump administration. In May, former Commissioner Summer Mersinger left the agency to take on a new role as CEO of the Blockchain Association . Meanwhile, Pham herself is set to depart the CFTC once Quintenz formally begins his tenure sometime this year. No future CFTC commissioners have been announced by Trump, though given the aforementioned officials’ upcoming exits, it appears highly likely that he will do so in the near future. The post There Is No ‘Easy Road’ For Regulation Despite CFTC’s Pro-Growth Stance, Commissioner Caroline Pham Says appeared first on Cryptonews .

cryptonews 2025-06-14 01:07
Ripple Integrates USDC Seamlessly into XRP Ledger
Ripple integrates USDC into the XRP Ledger, enhancing XRPL's utility. This development boosts liquidity and simplifies various financial operations. Continue Reading: Ripple Integrates USDC Seamlessly into XRP Ledger The post Ripple Integrates USDC Seamlessly into XRP Ledger appeared first on COINTURK NEWS .

CoinTurk News 2025-06-14 01:05
SEC selects four new officials with crypto experience
The U.S. Securities and Exchange Commission announced four senior appointments on Friday, including two officials with experience in crypto. The initiative signals a friendlier approach to digital assets by the Commission under Chairman Paul Atkins. According to the SEC, Jamie Selway will take over the role of Director of the Division of Trading and Markets as of June 17. Effective June 8, Brian T. Daly will assume the role of Director of the Division of Investment. SEC eyes crypto veterans for positions This is a really big deal for the regulated ‘Blockchain’ sector. ⁦ @SECGov ⁩: Names Jamie Selway ( @JSelway3 ⁩) as Director of Trading & Markets Many issues related to ‘Crypto’ are the concern of ⁦ @FINRA ⁩ or ⁦ @CFTC ⁩ Great appointment! https://t.co/24lfnOavvL — Dave Hendricks (@davehendricks) June 13, 2025 Daly joins the agency from Akin Gump Strauss Hauer & Feld LLP, where he was a partner in the company’s investment management practice. According to his official biography, he has experience in digital assets, cryptocurrencies, blockchain, and traditional financial services, including hedge and credit funds. The Financial Times previously quoted Daly regarding the SEC’s decision to reverse a Biden administration guidance known as SAB 121, which called for banks to treat digital assets held for customers as liabilities on balance sheets. He argued that the old rule allowed all the responsible bank broker-dealers and financial intermediaries the sector relies on to be crypto custodians. He also noted that custody services were a predicate to everything for financial institutions when offering crypto services to customers. Daly said he was optimistic about the new SEC day and eager to work with Chairman Atkins and other colleagues. He aims to ensure regulatory compliance with investment advisers and fund managers while tailoring rule-making within the SEC’s statutory authority. The SEC acknowledged that Selway previously served as a partner at Sohron Advisors, advising clients on capital markets issues. According to his LinkedIn profile, he also served as an advisor to multiple financial technology companies and was briefly the global head of institutional markets at Blockchain[dot]com from 2018 to 2019. “Chairman Atkins is bringing about a new day at the SEC. I thank him for selecting me to lead Trading and Markets at this exciting and pivotal time. Together, we will promote the SEC’s mission and enable innovation to the benefit of our nation’s investors.” – Jamie Selway . The regulator also announced on Friday that Erik Hotmire will return as chief external affairs officer and director of public affairs, effective June 16, 2025. Atkins believes Hotmire’s experience will help market participants and investors understand the SEC’s priorities and actions clearly. He previously served as former senior advisor and spokesman to the then-SEC chair Christopher Cox and senior advisor to the SEC’s Division of Enforcement. Kurt Hohl has been named chief accountant, with nearly 40 years of accounting and auditing experience, effective July 7. The agency said acting chief accountant Ryan Wolfe will return to his role as chief accountant in the Division of Enforcement. Holh has also served as acting chief accountant since January 2025 and also concurrently served as chief accountant of the Division of Enforcement. Atkins aims for friendlier approach towards crypto Atkins was sworn in as the agency’s new chairman on April 22, three months after former chair Gary Gensler left the post. Since assuming his position, he has promised a friendlier approach to digital assets. The SEC held its inaugural Crypto Task Force roundtable in March to debate the future regulation of digital assets. A16z crypto General Counsel Miles Jennings said at the time that he doesn’t think anyone could credibly argue that the last administration’s approach to the industry accomplished any of the SEC’s objectives. He also highlighted that it did not lead to investor protection, capital formation, or efficient markets. Miles urged the agency to do better because its approach at the time was clearly a failure. He said Gensler had been more wary of the industry, calling most cryptocurrencies securities and bringing many charges against big crypto players. KEY Difference Wire helps crypto brands break through and dominate headlines fast

Cryptopolitan 2025-06-14 01:02
California Doctor on the Run After Being Sentenced to Prison for Medicare Fraud
One physician in California has skipped town after manipulating the Medicare system to defraud the government of nearly $1.5 million. According to a new Department of Justice (DOJ) press release , 61-year-old Medicare provider Lilit Gagikovna Baltaian of Porter Ranch, CA, has been sentenced, in absentia, to four-and-a-half years in prison for healthcare fraud. The DOJ says the fugitive issued false certifications in Los Angeles from 2012 to 2018, costing the government $1.497 million. “From approximately January 2012 to July 2018, she falsely certified patients to receive home health care from at least four Los Angeles area home health agencies. These certifications were used by the home health agencies to fraudulently bill Medicare. In some instances, Baltaian pre-signed blank, undated physician certification forms knowing that the home health agencies would falsify the forms to make appear that she had seen the Medicare beneficiaries and made clinical findings to support the need for home health care, when she had done neither. Baltaian received cash payments related to these referrals and also separately billed Medicare for signing the fraudulent certifications.” Though Baltaian pleaded guilty to a count of healthcare fraud in November of last year, the physician fraudster has since disappeared, presumably on the run from the law. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post California Doctor on the Run After Being Sentenced to Prison for Medicare Fraud appeared first on The Daily Hodl .

The Daily Hodl 2025-06-14 01:01

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