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SEC Confirms Review Acceleration for XRP, ADA, and SOL ETF Filings Amid Regulatory Softening
SEC Confirms Review Acceleration for XRP, ADA, and SOL ETF Filings Amid Regulatory Softening

Quick Take Summary is AI generated, newsroom reviewed. SEC fast-tracks XRP, ADA, and SOL ETF reviews after Grayscale GDLC precedent. Review covers filings from Grayscale, VanEck, Bitwise, and Franklin Templeton. XRP benefits from legal clarity post-SEC settlement. ADA and SOL ETFs remain under consideration with minor procedural delays.References X Post Reference

coinfomania·2025/10/12 13:57
Whale Faces $15.5M Loss on $74M Solana Investment
Whale Faces $15.5M Loss on $74M Solana Investment

A whale loses over $15.5M after buying $74M in Solana at $220 average since Oct 1.Heavy Bet on Solana Turns SourWhale’s Holdings Tracked Across Two WalletsCommunity Reacts to Bold Strategy

Coinomedia·2025/10/12 09:15
Flash
  • 14:43
    Altcoin Season Index drops to 34
    BlockBeats News, October 12, according to Coinmarketcap data, the Altcoin Season Index has dropped to 34. Previously, on September 20, it once rose to 78, with last week's average at 59 and last month's average at 68. The index shows that in the past 90 days, about 34 projects among the top 100 cryptocurrencies by market capitalization have outperformed bitcoin. Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to bitcoin over the past 90 days.
  • 14:42
    Traders are betting on a bitcoin rebound next week
    BlockBeats News, October 12, according to Cointelegraph, Bitcoin price fluctuated around $112,000 at the weekly close on Sunday, with traders anticipating a rebound in Bitcoin price in the coming days. Data from Cointelegraph Markets Pro and TradingView showed that after a $1.9 billion crypto liquidation event, volatility has decreased. Although Bitcoin failed to achieve a significant rebound, market participants believe that next week may see stronger performance. The trading information platform TheKingfisher pointed out that the market may see a liquidity grab near $114,000, while traders are holding a large number of short positions on BTC. The weekend is a good time to trigger BTC range liquidations. Despite the $1.9 billion liquidation in the crypto market, the bullish uptrend for Bitcoin can still remain intact.
  • 14:42
    Founder of Equation: Closed XPL long positions, reduced SOL long positions by half
    BlockBeats News, on October 12, Formula News founder Vida posted on his personal channel, stating, "I have closed my XPL long position and reduced my SOL long position by half, only to profit from the rebound after last night's second dip. I don't want to take uncertain trades." In the current market environment, I prefer to hold the meme contract with a $10 million FDV bought yesterday for the long term, expecting to hold it for several months without issue, as it has a clear floor value and is resistant to declines, while major coins lack clear bottom support." Previously reported, Vida posted on his personal channel this morning, stating, "Once again went long on $4 million worth of SOL at an average price of $175.8; $500,000 worth of XPL at an average price of $0.395. This is equivalent to 1/10 of my bullets. There is no certainty in this position, it's just a gamble. My bet is: the market will quickly recover after the US stock market opens on Monday, just like every previous time there was negative news over the weekend." The crypto market has now dropped an average of 30%, pricing in an abnormal 5% drop in the S&P 500 at Monday's open. But if the S&P 500 doesn't drop as much as expected on Monday, sentiment will quickly recover."
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