BlackRock hasn’t filed for a Solana ETF, but ETF analyst James Seyffart says they shouldn’t be allowed to jump in at the last minute after other issuers’ hard work.

BlackRock launching a SOL ETF in first wave would be 'messed up' — Analyst

Bitcoin price could surge in 2025 driven by global money supply growth, ETF 
adoption, and retail inflows.

These three catalysts will help Bitcoin break $122K

On August 7, 2025, the U.S. Securities and Exchange Commission announced an 
official close to its years-long legal dispute against Ripple Labs. The SEC 
and Ripple formally ended the case by filing a joint stipulation to dismiss 
their respective appeals in the Second Circuit. The following opinion 
editorial was written by Alex Forehand and Michael […]

Ripple and SEC End Legal Fight With Joint Dismissal of Appeals

The GENIUS Act is about more than regulating stablecoins; it also lays the 
groundwork for a more stable, credible, and scalable DeFi ecosystem.

DeFi lending starts with stablecoins, and the GENIUS Act makes them stronger | Opinion

Fast food chain Steak ‘n Shake, which is owned by Biglari Holdings (NYSE: 
BH.A; BH), says its same-store sales have jumped 10.7% in Q2 and that bitcoin 
( BTC) has played a part in the company’s success. “In the second quarter of 
2025, Steak ‘n Shake’s same-store sales increased by 10.7%,” the firm wrote in 
[…]

Steak ‘n Shake Touts Bitcoin Adoption as Sales Soar

Bitcoin is trading around key levels after reclaiming the $115,000 mark, with 
bulls firmly in control despite ongoing consolidation below the $120,000 
threshold. The trend remains bullish, supported by steady buying interest and 
strong technical positioning. Related Reading: Bitcoin Miners Avoid Forced 
Selling: BTC Sits 7.4% Above Last Difficulty Bottom Key data shows that the 
correlation between Bitcoin and the S&amp;P 500 has surged to 80%. In this high- 
correlation regime, a continued rally in US equities could provide Bitcoin 
with a tailwind toward new highs, while an equity pullback could amplify 
downside volatility. With the S&amp;P 500 currently in a bullish phase, BTC 
appears to be tracking the same trajectory. Still, market watchers caution 
that such high correlation levels are often short-lived and prone to sharp 
reversals. For now, traders are closely monitoring both equity and crypto 
charts, knowing that any shift in risk appetite across traditional markets 
could quickly ripple into Bitcoin’s price action. S&amp;P 500 Correlation 
Strengthens Bitcoin’s Macro Link According to top analyst Axel Adler, the 
recent 80% correlation between Bitcoin and the S&amp;P 500 underscores how deeply 
macroeconomic forces are influencing the crypto market. In this environment, 
key drivers such as interest rate expectations, liquidity conditions, and the 
broader risk-on/risk-off sentiment are directly transmitted to BTC’s price 
action. Under this regime, a sustained recovery in US equities will likely 
provide a supportive backdrop for Bitcoin. Conversely, if stock markets 
experience a downturn, the negative sentiment could quickly spill over into 
the crypto space, amplifying sell-offs and triggering broader market weakness. 
Adler points out that the current reading is based on a 1-week rolling 
correlation metric, which is inherently volatile. Historically, such 
correlation spikes are rarely sustained for long periods. The present level, 
while significant, is unlikely to hold for more than a few weeks before 
reverting toward its mean. Despite the short-term nature of this spike, the 
analyst emphasizes that the growth of crypto adoption in the US—from 
institutional products like ETFs to corporate treasury allocations—sets the 
stage for a bullish long-term outlook. Still, traders must remain mindful that 
macroeconomic downturns, tightening liquidity, or shifts in Federal Reserve 
policy could rapidly reverse market sentiment. Related Reading: Bitcoin 
Futures Bias Turns Neutral As OI Net Position Hits Zero – Details Bitcoin 
Price Analysis: Bulls Defend Key Support Bitcoin (BTC) is trading around 
$116,565, holding steady after reclaiming the $115,724 support level, which 
coincides with a key horizontal zone from late July. On the 4-hour chart, BTC 
recently broke above the 50-day, 100-day, and 200-day SMAs, signaling short- 
term bullish momentum. These moving averages, now converging near $116,000, 
could act as a strong support cluster if tested again. The immediate upside 
target remains the $122,077 resistance, last tested in mid-July. However, BTC 
has faced selling pressure near $117,000, indicating short-term consolidation 
before a possible push higher. Volume has tapered slightly after the breakout, 
suggesting that buyers may need fresh momentum to sustain the move. Related 
Reading: Bitcoin STH Realized Price Signals Fragile Support: Correction Risk 
Intensifies If BTC holds above $115,724 and the moving average cluster, bulls 
could attempt a breakout toward the $118,000–$122,000 zone. However, rejection 
might trigger a retest of $115,724, with a deeper pullback. Featured image 
from Dall-E, chart from TradingView