Solana is shedding its memecoin reputation as big banks move billions into its ecosystem
Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari....
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The Ethereum Foundation is facing a wave of high-profile departures as its internal shakeup deepens
The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum....
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Coinbase, MARA Holdings Plunge 4%, But Why Is HOOD Not Going Down?
Crypto stocks, such as Coinbase (NASDAQ:COIN) and MARA Holdings (NASDAQ:MARA), are down 4% on Monday, with Robinhood Markets Inc. (NASDAQ:HOOD) showing notable relative strength. HOOD Holding Major Fibonacci Support Robinhood is sitting between the 0.236 Fibonacci retracement at $75.45 and 0.382 Fib at $78.86. This compression zone needs to...
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XRP Down 2% Again: What Is Going On?
XRP (CRYPTO: XRP) is down over 2% on the day, but a prominent trader says the altcoin remains in an interesting spot. Why XRP Is Looking Interesting In a May 18 podcast, pseudonymous trader Cryptoinsightuk said Bitcoin (CRYPTO: BTC) still has not broken critical market structure despite rising bond...
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‘We’ll Have An Announcement’: White House Crypto Chief Hints At Strategic Bitcoin Reserve Bombshell
President’s Council of Advisors for Digital Assets member Patrick Witt confirmed a Strategic Bitcoin (CRYPTO: BTC) Reserve announcement is coming. Strategic Bitcoin Reserve Progress Behind The Scenes Witt said in an interview with Scott Melker on Sunday that Deputy Chief Harry Jung has led the charge on the Strategic...
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Bitmine Buys 71,672 ETH, But Tom Lee Says Oil Is The ‘The Biggest Headwind’
BitMine Immersion Technologies Inc. (NASDAQ:BMNR) purchased 71,672 Ethereum (CRYPTO: ETH) worth $157 million last week, while Tom Lee identified surging oil prices as culprit for ETH’s weakness below $2,200. Tom Lee Buys The Dip Below $2,200 Bitmine’s purchase was a sharp increase from the previous week’s 26,000 token haul....
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Why Is Bitcoin Depot Stock Plunging Today?
Bitcoin Depot Inc. (NASDAQ:BTM) on Monday announced that it filed for voluntary Chapter 11 protection after tighter regulations and mounting litigation costs pressured operations. Collapsing transaction volumes pushed the company into crisis, forcing it to shut down its entire Bitcoin ATM network. Regulatory Pressure Intensified Pressure on the company...
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Circle May Have ‘The Cards’ In Stablecoin Race If CLARITY Act Passes: Report
Circle (NYSE:CRCL) has gained a potential long-term advantage after lawmakers advanced the Clarity Act, according to Bernstein. Bernstein analysts said the compromise language in the bill effectively blocks a “yield arms race” where stablecoin issuers compete by offering higher interest rates to attract deposits. That distinction matters for Circle...
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Michael Saylor Ups Bitcoin Holdings To 4% Of Supply As Strategy Buys For $2 Billion
Strategy Inc. (NASDAQ:MSTR) purchased 24,869 Bitcoin (CRYPTO: BTC) for approximately $2.01 billion at an average price of $80,985 per coin last week, bringing total holdings to 843,738 BTC. Strategy Now Holds Over 4% Of Bitcoin Supply Strategy’s total Bitcoin holdings now represent more than 4% of Bitcoin’s 21 million...
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Is This Bitcoin Bear Market Rally Different From The Rest? The Answer May Surprise You
Bitcoin (CRYPTO: BTC) is trading below the key $78,000 level as analysts debate whether the latest rally is a recovery, or another classic bear market trap. Why Analysts Say This Isn’t “Different” In a May 18 podcast, Benjamin Cowen argued that bear markets rarely move in straight lines. Instead,...
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