Brazil approves Solana ETF – Could this be the breakthrough SOL needs?

Quick Summary:

The Brazilian securities and exchange commission has approved the first SOL based ETFs.

How will it impact SOL prices?

The Awesome Oscillator (AO) was below zero as well, which suggests that short-term momentum is lower than long-term momentum, implying that the market is experiencing bearish momentum.

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Article Details

Author / Journalist: Gladys Makena

Category: Crypto

Markets: United StatesBrazilCanada

Topics: Altcoin Ambcrypto News News 1 Social Solana Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 08:30:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21980847

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

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Publisher ID: #103

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