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Solana slides as Argentina's president faces scandal for promoting crypto token: CNBC Crypto World On today's episode of CNBC Crypto World, a judge in Argentina reportedly investigates the country's president after he promoted a cryptocurrency in a now-deleted post on X. Plus, FTX begins payouts to creditors as its bankruptcy saga winds down.
Solana price plummets as a drop in onchain activity, declining DApps TVL and looming SOL token unlocks approach.
Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.
Solana (SOL) has seen its price decline to levels last seen in November 2024, hitting a low of $161.66 amid a wider crypto crash that has seen Bitcoin (BTC) drop to $94,078.68 and Ethereum (ETH) drop to $2,612.
A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.
BTC has dumped to a two-week low of its own.
Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.
The crypto market is going through a new period of turbulence, and Solana (SOL) is directly suffering the consequences. In 24 hours, the cryptocurrency has dropped by 6.2%, reaching $166.42, its lowest level since mid-December.
Solana price crash is a buying opportunity because the FTX unlock and Libra fallout are temporary dips for the quantum-resistant chain The post After Libra and FTX, Solana Price Crash is Best Time to Buy a Quantum-Resistant Future appeared first on Cryptonews.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Solana (SOL) has struggled to maintain its bullish momentum, shedding 9.3% in the last 24 hours to a low of $166, marking its lowest level since mid-December.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The sentiment has begun to turn bearish for SOL.
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The exposure of this network highlights the urgent need for increased transparency and regulation in the cryptocurrency market to protect investors. The post DefiTuna founder uncovers network exploiting $200 million from meme coin launch on Solana appeared first on Crypto Briefing.
TL;DR Solana has dropped nearly 38% since January, affected by memecoin speculation and a decline in trading volume. The collapse of the LIBRA token and market manipulation have weakened confidence in the network, with insider traders extracting over $200 million. On March 1, 11.
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
The Solana price has dived by 8% in the past 24 hours, dropping to $169 as the cryptocurrency market falls by 3% today.SOL is now down by 16.
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The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.
Solana's price has plunged 9% in the last 24 hours as selling pressure mounts. Solana (SOL) has been among the worst performers in the last 24 hours, down by approximately 9%, according to crypto.news.
