Solana network inflows surge — Will SOL price follow?
Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to...
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Cardano Enters Brazil Through Major University Collaboration
The Cardano Foundation has formally announced a new partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), a top-ranked Brazilian university renowned for its contributions to research and development. The collaboration, revealed on April 15, will concentrate on the advancement and practical application of blockchain technology, specifically...
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Bitcoin, Ethereum, Dogecoin Steady Amid Stock Meltdown As Fed Chair Jerome Powell Signals Crypto Rules Relaxation: Popular Analyst Identifies Key Support Level For ETH
Leading cryptocurrencies traded flat on Wednesday as Federal Reserve Chair Jerome Powell’s positive comments regarding the industry. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) 0.88% $84,097.68 Ethereum (CRYPTO: ETH) -0.11% $1,584.40 Dogecoin (CRYPTO: DOGE) +0.70% $0.1548 What Happened: Bitcoin reached a high of $85,428.28...
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Cathie Wood’s Crypto Shuffle: Pours $5.2 Million Into Newly Listed Solana Staking Fund, Dumps Bitcoin ETF And Buys Robinhood Dip
On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably acquiring shares in Robinhood Markets Inc. (NASDAQ:HOOD), ARK 21Shares Bitcoin ETF (BATS:ARKB), and 3iQ Solana Staking ETF. The Robinhood Trade Ark Invest’s flagship fund, ARK Innovation ETF (NYSE:ARKK), purchased 60,266 shares of Robinhood Markets Inc. on Wednesday. The trade, valued at approximately $2.45 million, was made as...
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Solana Eyes Market Shift: Key URPD Indicator Forms The Largest Supply Cluster
Over the past week, Solana has maintained a notable bullish performance, rising by more than 20% after a recent drop to the $100 support zone on April 9. While SOL has recovered its upward trend, key metrics show a major area of interest in its price dynamics for a...
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XRP Vs. Dogecoin: Analyst Reveals Price Action Levels For The Heavy Hitters
Crypto analyst Mindfully Lost has revealed price action levels for XRP and Dogecoin. He mentioned the resistance and support levels to keep an eye out for these heavy hitters amid this market downturn. Price Action Levels For XRP And Dogecoin In a TradingView post, Mindfully Lost stated that the...
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Crypto Con Hits The High Office: Minister’s X Account Hacked
UK Government Minister Lucy Powell’s X account was hacked on Tuesday morning in a cryptocurrency scam for a phony “House of Commons” digital currency, multiple news sources disclosed Wednesday. Hackers Create Fake Government Cryptocurrency The cyberattackers put up a number of posts on Powell’s authenticated account stating “$HCC” was...
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Republican States Pause Lawsuit Against SEC Over Crypto Authority
A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, after the parties noted the SEC’s new leadership. The state AGs, all Republicans, filed the lawsuit alongside the DeFi...
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OKX Returns to US Market Following $505M DOJ Deal
OKX announced on Tuesday that it is reopening its U.S. crypto exchange and introducing a new Web3 wallet for American users. The move follows a $505 million deal with the U.S. Department of Justice (DOJ) earlier this year. The Launch Details “We’re officially launching in the U.S. with our...
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Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop?
Solana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline...
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