Many provisions of the legislation, which received overwhelming support in the state House and Senate, take effect on Oct. 1.

Connecticut governor approves law prohibiting crypto use in government

The U.S. Securities and Exchange Commission is moving closer to a more 
structured system for crypto exchange-traded products (ETPs) and has issued 
new guidance aimed at bringing more clarity to the registration process. In a 
statement released July 1, the…

SEC lays out disclosure rules for crypto ETFs as it eyes clearer listing path

Binance will reportedly keep its over 400 of its workers based in Singapore, 
despite a crackdown on unlicensed crypto firms in the region after the June 30 
deadline passed. According to a recent Bloomberg report, the world&#8217;s largest 
crypto exchange…

Binance keeps over 400 Singapore-based employees despite the crypto crackdown: report

Solana started a fresh decline and retested the $145 support zone. SOL price 
is now recovering and might aim for a fresh increase above the $150 zone. SOL 
price started a fresh decline after it failed to clear $160 against the US 
Dollar. The price is now trading below $150 and the 100-hourly simple moving 
average. There was a break above a key bearish trend line with resistance at 
$147 on the hourly chart of the SOL/USD pair (data source from Kraken). The 
pair could start a fresh increase if it clears the $152 resistance zone. 
Solana Price Trims Gains Solana price struggled to continue higher above $160 
and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the 
$155 and $152 support levels. It even dipped below $150 and tested the $145 
zone. A low was formed at $144 and the price is now correcting some losses. 
There was a move above the 23.6% Fib retracement level of the downward move 
from the $160 swing high to the $144 low. Besides, there was a break above a 
key bearish trend line with resistance at $147 on the hourly chart of the 
SOL/USD pair. Solana is now trading below $150 and the 100-hourly simple 
moving average. On the upside, the price is facing resistance near the $150 
level. The next major resistance is near the $152 level. It is close to the 
50% Fib retracement level of the downward move from the $160 swing high to the 
$144 low. The main resistance could be $155. A successful close above the $155 
resistance zone could set the pace for another steady increase. The next key 
resistance is $160. Any more gains might send the price toward the $165 level. 
Another Decline in SOL? If SOL fails to rise above the $150 resistance, it 
could start another decline. Initial support on the downside is near the $145 
zone. The first major support is near the $142 level. A break below the $142 
level might send the price toward the $136 zone. If there is a close below the 
$136 support, the price could decline toward the $125 support in the near 
term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace 
in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for 
SOL/USD is above the 50 level. Major Support Levels – $145 and $142. Major 
Resistance Levels – $152 and $155.

Solana (SOL) at Crossroads — Bounce Likely If $142 Remains Intact

Korean virtual asset investors show a clear preference for Bitcoin ( BTC) as a 
primary holding, gradually diversifying into altcoins and stablecoins as they 
gain experience, according to a new study. Crypto Investors Typically Hold Two 
Coins A new study from the Hana Financial Research Institute highlights a 
significant trend among Korean virtual asset investors: […]

Crypto Grows Up: Koreans Shift From Speculation to Strategy

Figma has filed to go public in the US, disclosing it holds $69.5 million 
worth of Bitcoin ETFs and has $30 million in USDC ready to purchase Bitcoin.