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Solana (SOL) just made a major stride toward broader financial adoption as two Solana futures ETFs were listed on the Depository Trust and Clearing Corporation (DTCC). This move is seen as a crucial milestone that could pave the way for a potential spot Solana ETF in the near future. Why DTCC Listing Matters The DTCC…
The price of Pi Network’s native token, PI, has skyrocketed by 54.4% in the past 24 hours, reaching a new all-time high (ATH) of $3. This surge has fueled speculation that PI could soon hit $4. However, technical indicators suggest that a market correction may be on the horizon. PI’s Explosive Growth and Market Trends…
Bitcoin’s sharp price decline has triggered widespread panic in the crypto market, leading to nearly $1.59 billion in liquidations over the past 24 hours. Around 390,000 traders have suffered losses, with long positions accounting for a staggering 90% of the wipeout. One of the biggest liquidations occurred on HTX (formerly Huobi), where a single trader…
The cryptocurrency market witnessed one of its most volatile days on Tuesday, with major assets such as Bitcoin (BTC) and altcoins experiencing steep declines. Despite the broader sell-off, XRP demonstrated resilience, outperforming Bitcoin and other top digital assets. XRP Holds Strong Amid Market Chaos XRP revisited lows of $2.07 on Tuesday after a sharp 14%…
In a significant move to enhance its digital payment ecosystem, PayPal is expanding the integration of its PYUSD stablecoin across more products in 2024. According to a Bloomberg report, the company aims to offer its 20 million merchants a seamless way to transact using PYUSD, reducing currency conversion fees and speeding up payment processing. PYUSD…
Bitcoin (BTC) experienced a sharp decline this week, plummeting from a high of $96,500 on Monday, February 24, to a three-month low of $86,050 on Tuesday, February 25. This steep drop triggered a wave of panic selling among short-term holders, who collectively realized losses of $1.7 billion—the highest since August 2024, when losses surpassed $2.4…
The ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to stir anxiety within the crypto community. Despite recent settlements with Coinbase and Robinhood, Ripple’s case remains unresolved, raising concerns about potential delays in its final resolution. Legal Divide on XRP Lawsuit’s Complexity Legal experts remain divided on the lawsuit’s trajectory….
GameStop is facing calls to allocate its $5 billion cash reserves to Bitcoin as part of a bold financial strategy. Matt Cole, CEO of Strive Asset Management, has sent a letter to GameStop CEO Ryan Cohen, urging the company to embrace Bitcoin to safeguard its financial future. JUST IN: GameStop CEO receives letter urging the…
Dogecoin (DOGE) has experienced a significant downturn, leaving investors grappling with losses. At the time of writing, DOGE is trading at $0.213, marking a 5.17% increase in the past 24 hours. However, the meme coin remains 15.72% lower over the past week, underscoring its ongoing volatility. Declining Network Activity Raises Red Flags While Dogecoin shows…
The cryptocurrency market has been shaken by the recent large-scale liquidation of XRP, as whales offloaded over 370 million tokens in just 96 hours. This massive sell-off has ignited speculation among investors regarding the motives behind such a move and its potential impact on XRP’s price stability. Whales have sold over 370 million $XRP in…