The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%.
The price action of XRP is currently consolidating within a narrowing triangle pattern, and it has entered a critical phase. The token, which is currently trading at $2.25, is indicating that it will test its 50 EMA in the next few days; this level may determine the token's short-term trajectory.
Solana (SOL) price has experienced a sharp decline, falling nearly 11% in the past seven days after failing to break the $220 resistance level. Following that rejection, SOL dropped below the critical $200 threshold, reflecting intensified bearish momentum.
Solana (SOL) is facing significant resistance in its attempt to hold above the $200 mark. After briefly rising above this threshold, the price of SOL has dropped below $200, unable to reclaim its previous gains.
Amid the ongoing market uncertainty, Solana (SOL) appears to be losing bullish support and weakening as the market downturn continues. Whale Transfers $45.7 Million Worth of SOL to Binance On January 10, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred a significant 246,064 SOL, worth $45.
Sol Strategies (ticker HODL) is raising CAD $27.5 million to buy more SOL tokens and invest further in Solana staking infrastructure.
Cardano (ADA) has recently experienced a significant price dip, falling below the crucial $1 threshold. This decline comes amid broader market weaknesses, contributing to a 12.39% decrease in Cardano's value over the past 24 hours.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
The price of Solana ($SOL) has been dropping sharply in the past 3 days and accumulates a 12% retreat in the past 7 days. A critical date approaches for this layer-one network as applications for multiple Solana spot exchange-traded funds (ETFs) with the United States Securities and Exchange Commission (SEC) are nearing their deadlines.
Is Solana's $SOL on the verge of a major rally and will it overtake Ethereum's $ETH as the token powering Web3's hottest high-functionality smart contract blockchain? With its current market cap of $92.5 billion, Solana needs to 5x to comfortably beat Ethereum, which currently capitalizes $398 billion of the $3.43 trillion crypto market.
Sol Strategies CEO Leah Wald tells Blockworks she predicts delays in US approval for a Solana ETF while expecting Canada to lead the way. The post Solana ETF approval unlikely in US soon says Sol Strategies CEO appeared first on Crypto Briefing.
The crypto SOL could see a significant increase in 2025, driven by the anticipation of spot ETFs in the United States and the growing interest of retail investors, according to analysts. Despite a recent correction below $200, Solana's fundamentals remain strong.
Solana (SOL) price, one of 2024's top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts. With rising retail investor interest and speculation surrounding a potential U.S.-based Solana exchange-traded fund (ETF), the cryptocurrency is positioned for further growth in 2025.
TL;DR Bio Protocol expands to the Solana blockchain through a collaboration with Wormhole, despite a 64% drop in the price of its token, BIO. The price of BIO has dropped to $0.53, with a loss of over 10% in the last 24 hours, while trading volume has decreased by 15.4%.
With Solana's upgrades looming, is Ethereum prepared to defend its altcoin crown in the coming year?
The cryptocurrency market is in a correctional phase, with over $500 million liquidations made in the last 24 hours. The total value of the industry has now fallen below $3.4 trillion, almost reversing all the early gains of the year.
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Solana price continues to see elevated selling pressure as the sentiment in the crypto industry worsens. Crucial SOL bullish predictions have slipped as the coin has formed several risky chart patterns.
Cardano price has plunged for three consecutive days as the outlook for cryptocurrencies continues to worsen. Cardano (ADA) extended its downtrend, falling to a low of $0.90, its lowest level since Jan. 1 and 33% below its 2024 high.
A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months.
Market analysts predict that Solana (SOL) will outperform Bitcoin (BTC) and Ethereum (ETH) in 2025, amid strong retail adoption and Solana ETF approval.
In a newly released video titled “The next steps for Hydra,” Cardano founder Charles Hoskinson outlined the trajectory of the Hydra scaling solution and provided insights into how independent companies will soon spearhead fresh developments in the ecosystem.
Bio Protocol, the popular decentralized science network, continued its freefall as it expanded to the Solana network. Bio Protocol (BIO) price dropped to $0.52, erasing over 64% of its value from the highest level on Jan.
Cardano has created history with its mind blowing hold over the world. The financial system was revolutionized when Cardano started climbing the ladder.
Cardano has faced significant downward pressure, with its price dropping by 15% in the last 48 hours. The altcoin failed to maintain $1.00 as support, falling below this crucial level.
Fidelity Digital Assets says Ethereum's strong fundamentals give it an edge over Solana from a long-term perspective.
Cardano has been moving similarly to Bitcoin over the last few months and is currently consolidating around the $1 mark. Yet, if BTC corrects in the coming weeks, ADA will likely perform even worse.
Solana (SOL) is poised for potential growth in 2025, driven by increasing retail investor interest and the anticipated approval of a U.S.-based spot Solana exchange-traded fund (ETF).
The cryptocurrency market has declined 3.6% to $3.4 trillion, with Bitcoin struggling amid downside pressure near $93k. BTC dominance has 54.2% as the benchmark asset's market cap hovers around $1.85 trillion. Meanwhile, the top altcoins Ethereum, XRP, BNB and Solana have witnessed corrections to key support areas.
The broader cryptocurrency market is facing liquidation amid a decline in the prices of digital assets. CoinGlass data shows that liquidation across different exchanges amounted to $483.61 million in the last 24 hours.
BTC, ADA Price News: Bitcoin Slumps Further as Traders Await Friday Data
"Cardano has one of the most bullish weekly pattern setups in crypto," one popular analyst claimed.
Cardano experienced a sharp sell-off by whales, leading to a price drop, but analysts maintain a bullish outlook for its long-term potential.
Solana could outperform Bitcoin and Ether in 2025, thanks to a potential US-based spot SOL ETF and retail profit expectations.
Whales sold over 70 million ADA, raising uncertainty as key metrics signal bearish momentum.
Bitcoin (BTC) experienced significant volatility to start the year, several large-cap altcoins managed to outperform the broader market, showing resilience in the face of uncertainty. Among these standout performers were Cardano (ADA), Stellar Lumens (XLM), and Injective (INJ), each posting impressive gains despite Bitcoin's recent pullback.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Investing $100 and making $1,000,000 in a few years sounds like a dream, right? Smart traders can no longer dismiss this vision as Rexas Finance (RXS) soars.
The crypto markets are experiencing notable upward pressure as the bulls fail to defend the immediate support levels. As a result, the Solana price, which had risen above $200, dropped below the levels and is not able to reclaim the lost levels.
Solana is currently trading at $197, marking a 13% decline from the local high it achieved earlier this week. The broader cryptocurrency market is experiencing heightened indecision, with some fear creeping in as Bitcoin struggles to reclaim the pivotal $100,000 level.
Cardano approaches a pivotal moment with the Plomin hard fork, aiming to establish fully decentralized governance through a phased voting process.
As noted by Lookonchain, a Solana trader has turned heads with profits of almost $20 million each from $ai16z and $Fartcoin, and with an 89.07% win rate over the past 30 days. As shown by on-chain data, these profits have been made through a strategy of buying very early into low market cap cryptocurrencies.
The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets.
Whales on the Cardano (ADA) network have accumulated over 10 million tokens in the span of 24 hours as the price of the cryptocurrency started dropping amid a wider crypto market correction.
Amid market uncertainty, ADA, the native token of the Cardano blockchain, appears bearish as whales have been found dumping their holdings. Whales Sell-Off 70 Million ADA Tokens Today, January 9, 2024, a prominent crypto expert posted on X (formerly Twitter) that crypto whales have dumped a significant 70 million ADA tokens.