Bitwise’s Solana ETF surpasses $1 billion in assets under management, marking the first such product of its kind.

Jiang Zhuoer, founder of Letbit Pool (B.TOP), stated in a post that both BTC and ETH have broken below their ascending channels. The weekend, a period without ETF buying support, is a weak window for bulls, and a potential downward move may occur.

According to Politico, four sources familiar with the matter have revealed that U.S. House Speaker Mike Johnson plans to meet with Republican mega-donor Elon Musk in Texas this Friday. The meeting comes as Johnson campaigns for Republican candidates across Texas ahead of the midterm elections, marking the latest sign that GOP leaders hope Musk will contribute large sums to help the Republican Party retain control of Congress. Sources noted Musk’s schedule is subject to change, so the meeting could be adjusted at the last minute. Reports indicate the tech billionaire is considering donating at least $100 million to the GOP via his super PAC America PAC for this year’s midterms, though it remains unclear where the funds will ultimately go. Two of the sources added that some Republicans believe Musk is considering allocating part of the funds to key competitive House Republican districts.

Crypto trading app Fomo co-founder Se Yong Park announced that the platform has completed its first round of financing, with 140 angel investors participating. The company’s cap table now includes over 200 angel investors.

According to HTX market data, Bitcoin briefly dipped below $78,000, currently trading at $78,099, with a 2.86% decline in the past 24 hours.

Eugene Epstein, Head of Trading and Structured Products at Moneycorp in Stanford, Connecticut, commented on remarks by Federal Reserve Chair Walsh: “We’ll have to see what impact this will have on next month’s upcoming meeting. But it feels like the fourth, maybe even fifth time I’ve heard him deliver the same speech. Frankly, he does state they’ll focus on inflation, but he’s not offering forward guidance, and inflation isn’t trending in their desired direction.”

The USD/JPY pair continues to rise, hitting the 160 mark, just about a month after the last joint intervention by the U.S. and Japan.