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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…

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Binance will reportedly keep its over 400 of its workers based in Singapore, 
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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.