Bitcoin (BTC) and the broader cryptocurrency market have been rattled by heightened volatility following hotter-than-expected economic data, reigniting inflation concerns. The renewed pressure led to a 2.9% decline in the global crypto market cap, now standing at $3.28 trillion over the past 24 hours.
Franklin Templeton has taken the next step to corner an emerging sector of crypto-based products with Solana, bolstering SOL price forecasts. The post Institutional Money Flows Into Solana – Could Franklin Templeton's Move Push SOL to $10,000? appeared first on Cryptonews.
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Despite the global crypto market's recent rebound to reach $3.16 trillion, the Solana price is facing significant pressure. Solana's current struggle is primarily triggered by pump.fun's massive SOL sell-off.
Taurus selected Solana for its high-speed, low-cost transactions and increasing demand for real-world asset (RWA) tokenization.
Doodles CEO and co-founder Scott Martin opened up about how the NFT brand is shifting gears. First up: a DOOD token launch on Solana.
Pump.fun ecosystem is dominated by AI narrative tokens as other memecoins suffer carnage.
Ethereum price has formed a death cross pattern, risking further downward momentum as whales continue selling. Ethereum (ETH) dropped to $2,600 on Thursday, down by over 35% from its highest level in December last year.
The Ethereum Foundation's DeFi engagement may reshape its financial strategy, but staking could challenge its neutrality in future forks. The post Ethereum Foundation to explore staking after allocating 45,000 ETH to DeFi appeared first on Crypto Briefing.
The dynamics of power are evolving at a breakneck speed in the crypto sphere. Today, it is BNB (Binance Coin) that is making headlines by surpassing Solana (SOL) in terms of market capitalization.
Binance is in the spotlight as online analysts on X question its low reserves and whether the crypto exchange sold its BTC, SOL, and XRP reserves to pay its $4.3 billion fine to the Department of Justice (DoJ). Binance, however, has assured customers that their funds are safe.
TL;DR The Ethereum Foundation has deployed $120 million in Ether to DeFi apps, allocating 45,000 ETH to protocols such as Aave, Spark, and Compound. Aave received the largest allocation with 30,800 ETH, representing the Foundation's biggest investment in DeFi.
Blockchain tracking firm Lookonchain says a crypto whale suddenly withdrew $5 million worth of Solana (SOL) to possibly buy more artificial intelligence (AI) related tokens.
Spot On Chain data has revealed that The Ethereum Foundation supplied 10,000 ETH each to Spark and Aave, valued at approximately $53.4 million. The foundation has supplied 30,800 ETH in total to Aave today, worth a little over $85 million, with 10,000 ETH going to Aave Prime and 20,800 ETH going to Aave Core.
Backpack CEO Armani Ferrante joins the Hashing It Out podcast to discuss the future of crypto exchanges, security, regulation and the evolving Solana ecosystem in 2025.
Early adopters of cryptocurrencies can turn little investments into enormous returns. Hence, the market has always presented a field of amazing possibilities. Early Ethereum ( ETH) investors noticed their holdings skyrocket from just cents to thousands of dollars per token.
Trading for these Solana-based tokens is set to begin on or after 9 AMPT on February 13, 2025, provided liquidity conditions are met. These new additions continue Coinbase's push to expand its offerings, especially within the growing Solana ecosystem.
Ethereum (ETH) has recently experienced a significant surge, catching the attention of both seasoned investors and newcomers. With the cryptocurrency rallying by over 5% in just 24 hours, many are wondering whether this latest price movement is a sign of further growth or a precursor to a pullback.
The cryptocurrency market remains bullish today as well, according to CoinStats.
Taurus, a digital asset firm backed by Deutsche Bank, has launched its enterprise-grade custody and tokenization platform, Taurus-CAPITAL, on the Solana blockchain.
According to its recent disclosure, the Ethereum Foundation (EF) has channeled 45,000 ether, valued at approximately $120 million, into four decentralized finance (defi) platforms.
Few asset classes have created millionaires faster than crypto. Known for their explosive volatility , these digital assets have allowed retail investors to trounce benchmarks like the NASDAQ Composite and S&P 500.
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Current and historical users of OpenSea's platforms will be eligible for SEA as the NFT platform relaunches with fungible token trading.
A strategic initiative for the future of Ethereum
Ethereum (CRYPTO: ETH) continues to trade sideways but is building momentum with speculation around incoming Ethereum staking ETFs. Cryptocurrency Price 24-Hour Trend Ethereum (CRYPTO: ETH) $2,656 +2% Bitcoin (CRYPTO: BTC) $95,900 +1% XRP (CRYPTO: XRP) $2,45 +2.6% Trader Notes: Inmortal expects Ethereum to grind upward gradually, avoiding major dips or retraces.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently experienced an uptick in price, following a dip to $2,132. At the time of writing, ETH is trading at approximately $2,728, marking a notable recovery of 5.5%.
Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run. If approved, 21 Shares would break new ground, so it's not surprising that the 24-hour trading volume for $ETH has shot up by ~35% alongside the news spreading.
TL;DR FDUSD-FOMO Pay Partnership: First Digital USD (FDUSD) partners with FOMO Pay to enable on-chain stablecoin payments for merchants on Ethereum and Solana blockchains. Merchant Integration: Over 200,000 merchants across Asia will now accept FDUSD, leveraging faster settlement times and reduced fees.
Ethereum Foundation allocated 45,000 ETH (worth $120M) into Aave, Spark, and Compound to earn passive yield through DeFi rather than selling assets.
Integration of Taurus-PROTECT and Taurus-CAPITAL provides banks and issuers with secure custody, staking, and scalable issuance of tokenized assets on Solana. The post Deutsche Bank-Backed Taurus Integrates with Solana, Enables Institutions to Enter Tokenized Asset Space appeared first on Cryptonews.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
The line between traditional finance and the world of crypto continues to blur. Franklin Templeton, a giant in asset management with $1.6 trillion under management, takes another step towards integrating blockchain and announces the extension of its tokenized US money market fund (FOBXX) on Solana.
The Cboe BZX Exchange has submitted a proposal to the Securities and Exchange Commission to allow staking for the 21Shares Core Ethereum ETF. What Happened: The request, filed through Form 19b-4, aims to modify the ETF's structure so that Ethereum (CRYPTO: ETH) held within the fund can participate in staking activities.
Bitcoin and ethereum have diverged in recent months, with the bitcoin price soaring as ethereum struggles
Community members celebrated as the Ethereum Foundation deployed 45,000 ETH to decentralized finance protocols Aave, Spark and Compound.
Ethereum's recovery is shaping into a potential five-wave impulse, with key resistance at $3,349. If price clears $2,881, further upside toward $3,500 is possible.
If you're thinking about allocating $2,000 to the cryptocurrency sector, you're in luck, because there are a plethora of great choices right now. It's just a matter of finding the coins that mesh the best with your investing philosophy and your other preferences.
For the first time this month, Ethereum (ETH) has recorded a series of spot inflows, signaling renewed investor interest in the leading altcoin.
BNB surged 22.2% in a week, outperforming the broader crypto market, while SOL's decline reflects growing market volatility among altcoins.
Franklin Templeton has announced the expansion of its OnChain U.S. Government Money Market Fund (FOBXX) to the Solana blockchain.
Solana (SOL) has been struggling to regain the momentum seen at the close of 2024, with the price oscillating between $180 and $260 since November. Currently, SOL is facing resistance at around the $205 mark, which has been a consistent obstacle for the past week.
Binance Coin (BNB) rallied above $700 and moved ahead of Solana (SOL) after a revival of the Binance Smart Chain ecosystem, complete with new meme token launches.
Amid today's market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency's market cap. Some analysts suggest BNB's breakout could attempt to reclaim the $700 level and target new highs.
BNB Chain has unveiled a series of major upgrades set for 2025, aiming to significantly enhance transaction speed, reduce costs, and introduce AI-driven features. The post BNB Overtakes Solana to Become 5th Largest Crypto as BNB Chain Unveils 2025 Upgrades appeared first on Cryptonews.
This DeFi activity could be seen as a way to appreciate the value of Ethereum Foundation's treasury without selling assets.
While there are several theories about the cause of this, many revolve around Ethereum's scaling path, adopting L2 structures that interfere with the burn mechanisms designed to prevent this.