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Coinbase’s market insights report signaled the start of an altcoin season, with Ethereum (ETH) leading the charge at $4,640, up 2.1% daily, per CoinMarketCap. The report cites surging trading volumes, altcoin market dominance reaching 39.7%—a seven-month high—and renewed interest in DeFi and Layer-2 solutions as key drivers. Ethereum’s dominance stems from robust on-chain activity: daily active addresses hit 1.3 million, …

U.S. Securities and Exchange Commission (SEC) postponed its ruling on spot Solana (SOL) exchange-traded fund (ETF) proposals from Bitwise, 21Shares, and Canary Capital, setting a new deadline of October 16, 2025. The SEC invoked its maximum 60-day extension to evaluate market integrity, investor protections, and Solana’s legal classification as a commodity or security, per filings. Solana’s price fell 6% to …

Ethereum (ETH) is on the verge of a new all-time high, trading at $4,640, just 2.5% below its November 2021 peak of $4,762, per CoinMarketCap data. The rally, part of a broader crypto surge, is driven by institutional inflows, macroeconomic optimism, and booming DeFi and NFT activity, with traders eyeing a breakout. Key catalysts include robust institutional buying, with funds …

cryptocurrency market slumped, with Bitcoin (BTC) dropping 2.8% to $118,800 from a $124,457 peak, and Ethereum (ETH) falling 3.1% below $4,640. Altcoins like Solana (SOL), XRP, and Dogecoin (DOGE) saw losses of 4–7%, amid $1.05 billion in liquidations, per posts on X. Total market cap slid 2.4% to $4.1 trillion, driven by macroeconomic fears, profit-taking, and regulatory concerns. A hotter-than-expected …

New York Assemblymember Phil Steck introduced Assembly Bill 8966, proposing a 0.2% excise tax on cryptocurrency and NFT transactions, effective September 1, 2025, if passed. The bill, currently under review by the Assembly’s Ways and Means Committee, aims to fund substance abuse prevention programs in upstate New York schools, leveraging the state’s thriving crypto sector. The tax applies to digital …