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Solana becomes the third-largest blockchain in stablecoin supply, surpassing BNB Chain. Circle’s USDC dominates Solana’s stablecoin market with a 78% share, while Tether’s USDt lags at 12%. Solana’s price has increased by 24% over the past month, with analysts optimistic about potential further growth past $300. Solana, the Ethereum Layer-1 competitor, has registered a 73%…
LayerZero CEO Bryan Pellegrino confirmed a settlement with FTX after two years of spending millions on legal fees. LayerZero has bought out FTX, FTX Ventures, and Alameda from all the agreements with the firm. LayerZero has a massive $107 million in direct cash deposits and is cash-rich, stated Pellegrino. Bryan Pellegrino, the chief executive of…
Native EVM implementation achieves 800 TPS and handles 1M lightweight transactions without relying on external bridges or third-party solutions. Integration supports advanced DeFAI capabilities and on-chain AI inference models, positioning Injective as a leader in next-gen blockchain development. Recent ecosystem growth includes Avalon Mainnet upgrade, INJ 2.0 tokenomics enhancement, and launch of institutional trading portal…
Ethereum’s value against Bitcoin has dropped to 0.03 BTC, a 50% decline from last year, while Bitcoin surged to $109K. Solana’s meme coin craze, including Donald Trump’s official memecoin launch, has drawn investors away from Ethereum. Ethereum’s Taker Buy Sell Ratio at 0.9723 signals seller dominance, despite institutional interest from firms like World Liberty Financial….
South Korea is accelerating crypto regulations, focusing on stablecoins and investor protection to match global trends, says FSC Chairman Kim Byoung-hwan. The government plans to allow corporate real-name accounts for crypto investments, addressing current restrictions and boosting institutional adoption. Upbit faces possible sanctions for KYC violations, with authorities stressing the need for a swift resolution…
KBW report highlights unique strength for BTDR, CLSK, and CORZ in AI ventures, efficient mining operations, and hosting services. For the first time since September 2024, Bitcoin mining difficulty dropped by 2.12% to 108.11 trillion. This ensures network stability despite miner activity changes, aligning with broader market dynamics. Bitcoin mining stocks have once again been…
Tuttle Capital Management is the first firm to file for ten leveraged crypto ETFs at once.Leveraged ETFs use debt to amplify gains but come with higher risks, especially in crypto. Bloomberg’s Eric Balchunas suggests the SEC’s response to these filings will be crucial. Tuttle Capital Management, an investment advisory firm based in Riverside, Connecticut has…
Death cross in EMAs signals potential continuation of bearish momentum in Arbitrum prices. Fibonacci projections indicate $1 psychological target on a breakout rally. Strong demand zone at $0.62–$0.65 holds 7.04M ARB tokens, aiding bullish recovery. With the crypto market gradually turning bearish, the total crypto market cap excluding Bitcoin is down to $1.43 trillion. This…
Dogecoin open interest declines by 8.71%, with the long-to-short ratio at 0.90%. Critical support for DOGE price stands at the $0.30 psychological zone. Broader market stabilization could spark recovery to $0.37772 and beyond. Funding rate rise to 0.0103% reflects remaining bullish willingness despite bearish sentiment. Amid the increasing volatility in the crypto market, as Bitcoin…
Gemini CEO Tyler Winklevoss criticizes Gensler’s return to MIT, stating no institution should collaborate with him after his tenure as SEC chair. Former SEC Chair Gensler returns to MIT teaching AI and fintech. Industry reactions vary, with some supporting the hiring boycott and others proposing alternative strategies to address the issue. Crypto exchange company has…