News

Quick Take Solana treasury firm SOL Strategies has been selected to provide staking for VanEck’s upcoming U.S. spot Solana ETF. The staking will be made through SOL Strategies’ Orangefin validator that it acquired last December.

Quick Take Global crypto investment products have seen $2 billion in outflows — the largest weekly decline since February — according to asset manager CoinShares. The massive withdrawals were largely driven by renewed monetary policy uncertainty, with shifting expectations around U.S. rate cuts weighing heavily on investor flows, Head of Research James Butterfill said.

Quick Take Analysts at Bernstein argue that the recent bitcoin sell-off stems from fear of a four-year cycle peak rather than weakening fundamentals. Institutional ownership, ETF absorption, and Strategy’s capital access point to a short consolidation instead of a deep drawdown, they said.

Robert Kiyosaki defended Bitcoin and Ethereum as “people’s money,” countering Warren Buffett’s criticism, while slamming traditional US financial markets.

Gold buff Peter Schiff urged investors to “sell Bitcoin and buy gold” as BTC price breaks below $93,000, amid continuous selling pressure in the market.

Quick Take Sharps booked $404 million in digital-asset value at quarter-end, but at today’s Solana price, its holdings are worth far less. The company’s market cap has dropped well below the implied value of its SOL token holdings.

Quick Take El Salvador’s Bitcoin Office shows that it bought 1,090 BTC on Monday, bringing its total holdings to 7,474 BTC. However, it is unclear whether El Salvador bought 1,090 BTC from the market as its deal with the IMF required the country to cease new purchases.

Quick Take On Monday, British authorities said they are looking to recover 42 bitcoin and other crypto at today’s value. Joseph James O’Connor reportedly hacked into more than 130 X accounts as part of a bitcoin scam, including accounts held by Apple, Uber, Kanye West, and Bill Gates