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Key takeaways:SOLās futures open interest surged to a 2-year high, reflecting growing institutional interest.Rising competition from other blockchains and neutral funding rates continue to dampen SOLās bullish momentum.Solanaās SOL (SOL) failed to hold its bullish momentum after gaining 10% between ā¦
Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal.The worldās largest trading economies have nearly completed their trade agreement, according to a Wednesday post on Truth Social by US Presā¦
After days of testing a resistance zone at $106,000, Bitcoin has finally broken above the $107,000 mark to confirm a strong bullish momentum that has been building since early June. The breakout, which has seen Bitcoin reclaim $110,000 briefly in the past 24 hours, follows several failed attempts toā¦
By George GloverBitcoin was edging higher on Wednesday, with a cooler-than-expected inflation print likely to help the cryptocurrency to cling onto its recent gains.The world's largest token by market valuation was up 1.3% to $110,020 over the past 24 hours, according to data from CoinDesk. It's nowā¦
U.S. consumer prices rose less than expected in May, with headline CPI increasing 2.4% year-over-year and Core CPI holding at 2.8%, according to Bureau of Labor Statistics data released Wednesday. While headline CPI posted its first uptick since January, the broader inflation trend continued to coolā¦
Bitcoin is once again knocking on the door of price discovery, but researchers at Bitwise Asset Management argue that spot quotations still understate what the network is worth. In their Week 24 Crypto Market Compass circulated late Tuesday, Dr. AndrĆ© Dragosch, Bitwiseās Head of Research for Europe,ā¦
US President Donald Trump took it to his social media platform, Truth Social, to announce that the two leading economic countries have reached a trade deal agreement, which is now in the final stretch of being officially signed.The terms include a total of 55% tariffs for the US and 10% for China. Tā¦
Ethereum has remained firm above key support levels despite the broader market pullback in recent weeks. While many altcoins have shown weakness, ETH continues to trade above the $2,400ā$2,500 zone, signaling strength and positioning itself for a potential recovery. After a volatile start to the yeaā¦
Popular market analyst Ted Pillows has tipped Sui (SUI) for an impending price breakout. Notably, the prominent altcoin has recorded a steady price decline in the past month with an estimated loss of 17.18% within this period. However, Pillows notes the formation of a bullish pattern which indicatesā¦
XRP is currently showing signs of vulnerability as its recent price action is becoming increasingly bearish. After attempting to reclaim upside momentum above $ 2.60 in May, the cryptocurrency has struggled to maintain this run, and its price action over the past few days has brought it close to losā¦
Hong Kongās securities regulator has announced that professional traders can now trade crypto derivatives, allowing a select few to access virtual derivatives markets and advancing professional crypto adoption in Asia. Hong Kong has recently made many efforts to adopt reasonable crypto regulations, ā¦
Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses. In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attā¦