The crypto market is reeling after a $300 billion wipeout—the harshest selloff in months—driven by risk-off sentiment ahead of the U.S. PCE inflation release and macro uncertainty. Major assets like Bitcoin, Ethereum, and Solana tumbled sharply, triggering over $1 billion in liquidations. The... ... Read full CryptMarket Analysis — 28-09-03
Solana (SOL) shook off a swift sell-off to $205 on Tuesday, rebounding above $209–$216 as institutional-sized wallets scooped the dip while over-levered retail longs were flushed. The slide coincided with U.S. shutdown jitters across risk assets, but crypto quickly mirrored equities’ intraday recove…
Following a massive Q3 performance, Solana (SOL) has kicked off “Uptober” with a bounce, attempting to reclaim a crucial area as support to continue its bullish rally. Some analysts have suggested that the cryptocurrency is ready to challenge the recent highs and enter a new price discovery phase.So…
SOL Strategies Inc. , a Canadian investment company focused on accumulating Solana , announced on Wednesday its closure of an upsized private placement. The company reported that it raised C$30 million after selling nearly 4.4 million shares for C$6.85 per unit.With the proceeds locked, the company …
Bitwise CEO Hunter Horsley says Solana may gain an edge over Ethereum in the staking exchange-traded fund (ETF) market, pointing to its design as more favorable for investors.Speaking with Cointelegraph editor Andrew Fenton at Token2049 in Singapore, Horsley argued that Solana’s quicker unstaking pe…
Memecoins may attract new users to blockchains, but the profits largely flow to the platforms that launch and trade the tokens, according to a new report from Galaxy Research.The study released on Wednesday shows that while most traders lose money in a short-term gambling market, infrastructure prov…
Solana has seen its price shift to the downside on Tuesday amid rising whale activities. It appears that surging whale movements have contributed to the price declines, as they have been spotted dumping their Solana on major crypto exchanges, according to data shared by on-chain tracking platform, W…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Monday! Polymarket puts U.S. government shutdown odds above 65%, but BofA sees only minor fallout — a small GDP drag, muted market reaction, and limited impact on crypto compared to d…
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States reversed course sharply last week, shedding more than $1.7 billion.This shift came amid Bitcoin and Ethereum price volatility during the past week as both assets shed more than 8% during the reporting period.Bitcoin and Ethe…
A Hyperliquid-based lending protocol, Hyperdrive, lost about $782,000 worth of tokens following a smart contract exploit Saturday night, in the third notable security incident affecting the popular Layer 1 network. The attacker drained two Hyperdrive pools, the protocol's Primary USDT0 Market and Tr…
The crypto market is watching October closely as the SEC faces deadlines for multiple ETF applications, including XRP ETFs. Analysts say an approval could trigger a “supply shock” in XRP’s market, where available tokens on exchanges are already at historic lows. Coinbase’s XRP inventory, for example…