Coinbase Moves Big on Solana – Could Futures Trading Lead to a New ATH for SOL?

The price of Solana has recovered by 1.5% today, with its rise to $171 coming as Coinbase begins offering CFTC-regulated SOL futures to traders.SOL remains down by 13% in a week and by 35% in a month, but Coinbase’s news has lifted it from a 24-hour low of $161, which represented a potentially dangerous resistance […]
The post Coinbase Moves Big on Solana – Could Futures Trading Lead to a New ATH for SOL? appeared first on Cryptonews. …

Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea’s Supreme Court Rules

South Korea’s Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren’t considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can’t be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong.
The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea’s Supreme Court Rules appeared first on Cryptonews. …

Coinbase Expands US Crypto Futures Market with CFTC-Regulated Solana Contracts

Coinbase has expanded its crypto futures market with the launch of CFTC-regulated Solana and Hedera futures contracts. The move reinforces its commitment to regulated derivatives trading and aligns with its broader institutional expansion, offering traders diverse futures contracts across major digital assets, including BTC, ETH, and DOGE.
The post Coinbase Expands US Crypto Futures Market with CFTC-Regulated Solana Contracts appeared first on Cryptonews. …

Brazil Approves World’s First Spot XRP ETF by Hashdex

Hashdex has secured approval from Brazil’s Securities and Exchange Commission to launch the world’s first spot XRP ETF, offering investors direct exposure to XRP via Brazil’s B3 stock exchange. The approval could pave the way for further crypto ETFs and signals growing institutional interest in digital assets.
The post Brazil Approves World’s First Spot XRP ETF by Hashdex appeared first on Cryptonews. …

Nigeria Sues Binance for $79.51B in Economic Damages, Seeks $2B in Back Taxes

Nigeria has filed a lawsuit against Binance, seeking $81.5B in back taxes and damages, accusing the exchange of failing to register with tax authorities, violating financial laws, and contributing to the naira’s decline. This marks the third legal action against Binance in the country.
The post Nigeria Sues Binance for $79.51B in Economic Damages, Seeks $2B in Back Taxes appeared first on Cryptonews. …