Dragonfly Partner: Strongly bullish on ETH and SOL, both possessing tremendous future potential.
Related
Kyle Samani predicts SOL flippening, claims ‘no one’ uses ETH
Multicoin Capital co-founder Samani expects SOL to surpass Ether’s market capitalization “this market cycle” and argues that “today, no one really uses Ethereum.”
Galaxy Opens Retail Crypto-Backed Credit Lines on Bitcoin, Ethereum and Solana
GalaxyOne clients can borrow cash against Bitcoin, Ethereum, and staked Solana at 8.99% APR without selling a coin.
Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.
Solana Just Got Faster—Is It Bullish for SOL?
Solana has activated the first reduction in its block timing since launch, speeding up transactions on the network.
Opinion: Ethereum is testing a key resistance level; a break above this level could see it rise to $2245.
According to Mars Finance, on July 7th, crypto analyst Alicharts stated that Ethereum is currently testing resistance at the 0.8 MVRV pricing band around $1796. If the daily closing price is above this level and successfully holds as support, it will strengthen the bullish case and could potentially initiate a move towards the Ethereum realization price, namely $2245. Alicharts further points out that a break above both $1796 and $1816 would trigger a bullish breakout. From a technical perspective, such a move would also increase the probability of ETH breaking through the channel top at $1844 and starting its march towards the $2245 realization price.
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding into tokenized assets.