Solana's price surged nearly 9% over three days following Morgan Stanley's update to its spot Solana ETF filing, which introduced a 0.14% fee and named staking providers. This fueled optimism for institutional investment and staking rewards exposure. Technical analysis shows Solana approaching a key resistance zone near $75, with mixed analyst views on a breakout. Heavy leverage clustered around $75 could trigger liquidations if breached, while $70 remains crucial support. Macro factors like U.S. dollar strength and crypto market sentiment could influence the next moves.
Bitcoin and major altcoins gained as oil prices eased and hopes for an Iran-U.S. deal boosted sentiment. Bitcoin is trading between key support near $60,000 and resistance around $66,000 to $68,000, with analysts warning of a bearish chart pattern th...
U.S. spot Bitcoin ETFs experienced $227 million in outflows last week, led by Grayscale's $156 million withdrawal, as traders reduced leverage amid rising Bitcoin inflows to exchanges and cautious institutional sentiment. Despite these outflows, Bitc...
A newly created wallet deposited 6.68 million USDC into Hyperliquid and opened $48 million in 20x leveraged short positions on Bitcoin, Solana, and Ethereum. The position includes 430.64 BTC, 181,245 SOL, and 4,280 ETH, heavily weighted towards Bitco...
South Korea's Toss Bank and the Solana Foundation have launched a proof-of-concept program to explore using blockchain technology for international remittances. The initiative aims to assess whether blockchain can make cross-border payments faster an...
A newly created wallet deposited 6.68 million USDC to open 20x leveraged short positions totaling nearly $48 million on Bitcoin, Ethereum, and Solana. This large bearish bet signals expectations of price declines in these major cryptocurrencies. Bitc...
