In a notable development for the cryptocurrency sector, the Chicago Mercantile Exchange (CME) Group recently announced the launch of Solana futures contracts. This strategic move, driven by increasing client demand, led to a consequential rise in Solana's price, underscoring the market's positive reception of the advancement and its implications for broader institutional acceptance of cryptocurrencies.
Over 30 U.S. states explored public-funded Bitcoin reserves, with at least two jurisdictions close to establishing laws.
Bitcoin is currently priced at $83,779, with a market capitalization of $1.66 trillion and a 24-hour trading volume of $91.22 billion, as price action remains volatile within an intraday range of $78,197 to $84,854, potentially signaling a bull trap as technical indicators point to underlying weakness despite short-term rebounds.
Solana (SOL) is trading at its lowest price level since September 2024, as the entire crypto market struggles with fear and intense selling pressure. Solana has lost over 55% of its value in less than six weeks, erasing the gains from its post-election rally and raising concerns among investors about a potential prolonged downtrend.
Regulatory developments, nation-state exposure, onchain data and TradFi integration are proof that BTC's fundamentals were unaffected by the recent sell-off.
CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects.
The crypto market is in a bloodbath, but Polymarket is not. According to on-chain data from CoinGecko, the global crypto market cap today stands is $2.76 Trillion.
CNBC host Jim Cramer claims that Strategy co-founder Michae Saylor needs a strategic Bitcoin reserve in order to back him up.
Bitcoin price bounced back and moved above the key resistance level of $84,000 after tumbling to a multi-month low of $78,200 on Friday. Bitcoin's (BTC) rebound coincided with a recovery in U.S. equities, which pared back earlier losses.
CME Group to launch Solana futures on March 17, pending CFTC approval
Recent rumors circulated about Binance potentially dumping billions of dollars' worth of Solana and Bitcoin, creating waves in the cryptocurrency communities. Binance has officially responded to these claims, asserting that it has not engaged in such large-scale disposals of cryptocurrencies.
BlackRock, an investment firm with $11.5T AUM, has added its Bitcoin ETF to its $150B model portfolio product.
BlackRock's inclusion of Bitcoin in its portfolios signals growing institutional acceptance, potentially stabilizing and legitimizing the crypto market. The post BlackRock adds Bitcoin ETF into model portfolios with a 1%-2% allocation appeared first on Crypto Briefing.
“Around the $80K price level, we observed a significant portion of short-term investors exiting the market at a loss,” an analyst told Decrypt.
Plus: Bybit fallout, stablecoin wrangling, Ethereum Foundation changes.
BlackRock, the world's largest asset manager, has incorporated Bitcoin into its $150 billion model portfolio framework. The company has added a 1% to 2% allocation of the iShares Bitcoin Trust ETF (IBIT) to its target allocation portfolios, which accommodate alternative assets.
Bitcoin (CRYPTO: BTC) is down 14% over the past seven days, prompting experts to debate about the role receding liquidity is playing in this correction. What Happened: In a detailed thread on X on Thursday, UnlimitedFnds Chief Investment Officer Bob Elliott pointed out that the post-election crypto rally is fading, with many assets completing full round trips from their highs.
Bitcoin has reached a crucial moment in its price action following heightened volatility that has overshadowed the entire crypto market, with major digital assets dropping to key support levels. Despite the sharp bearish performance, BTC's fundamentals remain strong, igniting hope for bullish prospects.
Solana (SOL) gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a near 50% drop.
Bitcoin's sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company's total bitcoin holdings to 1,011 BTC. Over the past six days, Bitdeer has purchased 150 BTC with earlier purchases of 50 BTC each on Feb.
BlackRock, the world's largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb.
TL;DR CME will launch Solana futures on March 17, with contracts of 25 and 500 SOL settled in cash. SOL's price rose 6% following the announcement but remains far from its pre-February crash levels. Analysts warn that the crypto market's recovery could take until April due to a lack of liquidity.
BlackRock, the world's largest asset manager, is incorporating Bitcoin into its $150 billion model-portfolio universe. The firm is adding a 1% to 2% allocation of the iShares Bitcoin Trust ETF (IBIT) to its target allocation portfolios that allow for alternatives, as per a Bloomberg report.
The Solana price has plunged by 8% in the past 24 hours, yet some analysts are now saying it could sink even lower. The post Solana Price Forecast – Crypto Expert Predicts How Low SOL Will Fall by Next Spring appeared first on Cryptonews.
The world's biggest asset manager added a 1% to 2% allocation to its target allocation portfolios.
Solana was trading higher even as most digital assets sank further into negative territory on Friday.
Solana price crashed to a multi-month low on Friday before stabilizing after a whale stepped in to buy the dip. Solana (SOL) bottomed at $126.
Texas moves to create a Bitcoin reserve, a step that could influence other states and reshape crypto adoption nationwide.
Bitcoin slides below $80K for the first time since November as policy uncertainty, security concerns, and market shifts take hold.
Bitcoin, the world's leading cryptocurrency, has recently experienced a significant downturn, leaving investors and analysts alike wondering whether its ongoing bull run will continue or if a correction is on the horizon. After hitting a high of $109,350 in January 2025, the price of Bitcoin has now fallen below $80,000, raising questions about the future direction of the market.
Punitive tariffs against Mexico, Canada and China could go into effect on Tuesday.
Earlier this week, BlackRock's spot bitcoin ETF IBIT saw a record $418.1 million worth of net outflows amid an apparent market correction.
A sharp decline in cryptocurrency sentiment, dubbed a “mega nuke” by analysts, has gripped the market as Bitcoin (CRYPTO: BTC) fell below $79,000 on Thursday evening, down 24% from its January peak of $109,590. Major altcoins including BNB (CRYPTO: BNB), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE) all fell down between 12 and 15%.
The announcement came amid a downturn in the crypto markets and caused a spike in SOL's price as markets struggle to recover lost ground.
As of Dec. 31, the bitcoin miner had $274.5 million in cash and cash equivalents and bitcoin on its balance sheet.
TL;DR BlackRock has included the Bitcoin ETF (IBIT) in its model portfolios, with an allocation of 1% to 2%, marking a milestone for the institutional adoption of cryptocurrencies. This move could attract significant demand towards IBIT, as financial advisors typically follow these predefined strategies to manage client funds.
The arrival of institutional investors has been both a blessing and a curse for long-term Bitcoin holders.
Cryptos like ONDO, OM, and XYZ are showing recovery, while Solana and Cardano face declines in the market. #partnercontent
Bitcoin's mega sell-off presents a rare chance to dollar-cost-average into a position as key onchain indicators suggest BTC trades at a discount.
The crypto market is shaking. Bitcoin shows a Fear & Greed index plunging to 10 — an unprecedented level of extreme fear since the winter of 2022.
Bitcoin has lost crucial support levels as the market struggles to find demand, allowing bears to gain momentum. Analysts are calling for further corrections, with fear dominating sentiment across the crypto market.
Bitcoin and other prominent cryptocurrencies are often called “volatile investments.” This is true, but it also tells a very incomplete version of the story that is taking place.
Amid a 23% weekly correction in Solana price, Binance has clarified it hasn't sold tokens despite social media speculation triggered by market makers withdrawing substantial SOL from the exchange.
Chicago-based derivatives trading giant CME Group has officially confirmed that Solana (SOL) futures are slated to be launched on March 17.
It's a truth universally acknowledged—at least by those with an internet connection—that Bitcoin is both the future of finance and a catastrophic mistake, depending on who you ask. The topic is discussed with almost religious fervour, drawing true believers, hardened sceptics and the politely baffled in equal measure.
Bitcoin, Ethereum, and Ripple prices have crashed this week as Donald Trump's tariff threat complicated the Federal Reserve's approach to rate cuts. This crash has led the crypto market to shed over $1 trillion in value from its peak in 2024.
Bitlayer, a Bitcoin (CRYPTO: BTC) Layer-2 developer, has partnered with five blockchains—Base, Starknet (CRYPTO: STRK), Arbitrum (CRYPTO: ARB), Sonic (CRYPTO: S) and Plume Network to connect Bitcoin's $1.9 trillion market to their ecosystems using its BitVM Bridge. Announced at ETH Denver, this integration allows Bitcoin holders to transfer assets across these networks, enabling uses like lending, staking, and liquidity provision.