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Solana has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market.Top reasons driving the SOL prices lower today include:An underwhelming crypto executive order by US President Donald Trump.Negative funding rates.A descending channel…
Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses and might struggle to recover above the $145 resistance.SOL price started a fresh decline below the $165 and $150 levels against the US Dollar.The price is now trading below $150 and the 100-hourly simple movin…
Wallets belonging to the defunct crypto exchange FTX and bankrupt trading firm Alameda Research unstaked over 3 million Solana tokens, its largest SOL unlock since it started selling off company tokens in November 2023.On March 4, blockchain analytics firm Lookonchain flagged FTX and Alameda’s walle…
Ark Invest bought 38,865 Coinbase shares, worth $8 million, for its Next Generation Internet exchange-traded fund (ARKW) on Monday and offloaded $8.2 million worth of its own spot Bitcoin ETF (ARKB) as the crypto market fully retraced the crypto reserve-fueled weekend Trump pump amid fresh concerns …
Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.SOL price started a fresh decline below the $162 and $150 levels against the US Dollar.The price is now trading below $150 and the 100-hourly simple moving average.Th…
The CEOs behind crypto exchanges Coinbase and Gemini argue that Bitcoin may be the only cryptocurrency that meets the criteria for being a US reserve asset.“Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,” Gemini’s Tyler Winklevoss said in a March 3 X p…
The bull party that started yesterday didn’t last long, as bitcoin and most altcoins erased a massive portion of the gains charted in the past few hours.Naturally, this has triggered a substantial liquidation wave that has taken over 180,000 traders by surprise. The largest-single liquidated order t…
President Trump’s announcement on Sunday that he plans to establish a federal cryptocurrency reserve sent digital asset markets soaring. However, it also reignited concerns over potential conflicts of interest, this time involving David Sacks, the venture capitalist who serves as Trump’s crypto and …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. President Trump's Crypto Strategic Reserve announcement on Sunday — naming BTC, ETH, XRP, SOL and ADA — reignited crypto bull market hopes after last w…
Right after Bitcoin logged its worst month since June 2022, the orange coin got a jolt by the US President. 👀 Bitcoin Rises on ReserveBitcoin prices pulled sharply higher on Sunday after Donald Trump finally announced what many had been waiting for. The creation of a strategic crypto reserve is on…
Bitcoin and the broader crypto market have seen a notable bullish turnaround in the past 24 hours, fueled by President Donald Trump's announcement of the five tokens he expects to include in the long-promised strategic crypto reserve.That has revived investor interest in the Deribit-listed call opt…
U.S. President Donald Trump’s intentions of establishing a national strategic reserve of solana , cardano and XRP sent the assets rocketing as much as 60% on Sunday. Still, traders express caution until plans are more concrete.“The current upward momentum might see a correction in the short term, a…