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FTX Transfers $39.72M in Solana Tokens from Coinbase Prime as Part of Systematic Liquidation Strategy

FTX has initiated the transfer of 252,847 Solana (SOL) tokens valued at approximately $39.72 million from Coinbase Prime. This move forms part of the bankrupt exchange’s strategy to systematically manage creditor obligations while aiming to minimize market disruption. Solana’s recent… Read More »FTX Transfers $39.72M in Solana Tokens from Coinbase Prime as Part of Systematic Liquidation Strategy

XRP Consolidates Near $2.27 Despite Legal Clarity, ETF Developments Awaited

XRP continues trading in a consolidation pattern near $2.27 despite Ripple’s landmark legal victory against the SEC providing regulatory clarity. Market participants appear cautious, awaiting potential exchange-traded fund (ETF) developments that could trigger significant price movements. Following Ripple’s successful resolution… Read More »XRP Consolidates Near $2.27 Despite Legal Clarity, ETF Developments Awaited

Eric Trump Denies Tron Listing Involvement Amid Regulatory Shift Boosting Project’s U.S. Prospects

Eric Trump has publicly denied any involvement in rumored plans for Tron (TRX) to pursue a public listing via a reverse merger with SRM Entertainment, labeling the claims ‘inaccurate’. Despite distancing himself from the specific deal, Eric Trump acknowledged Justin… Read More »Eric Trump Denies Tron Listing Involvement Amid Regulatory Shift Boosting Project’s U.S. Prospects

Federal Reserve Expected to Hold Rates Steady Amid Inflation Concerns, Says Credit Mutuel Strategist

The Federal Reserve is anticipated to maintain current interest rates in its upcoming policy meeting, driven by persistent inflationary pressures and ongoing economic uncertainty, according to Credit Mutuel strategist Francois Rimeu. The central bank’s cautious stance reflects the absence of… Read More »Federal Reserve Expected to Hold Rates Steady Amid Inflation Concerns, Says Credit Mutuel Strategist

Coinbase CEO Advocates for Faster Crypto Regulations to Cement UK as Global Hub

Coinbase CEO Brian Armstrong has intensified calls for the acceleration of cryptocurrency regulatory reforms in the United Kingdom. Engaging directly with UK policymakers, Armstrong aims to expedite the implementation of draft crypto asset legislation currently targeted for full effect by… Read More »Coinbase CEO Advocates for Faster Crypto Regulations to Cement UK as Global Hub

SRM Entertainment Stock Soars 633% Following Strategic Reverse Merger with Justin Sun’s Tron

SRM Entertainment’s stock price surged 633% from $1.48 to $10.84 after announcing a reverse merger agreement with Justin Sun’s blockchain company Tron. The $210 million deal marks a significant shift toward blockchain integration within traditional industries and includes SRM rebranding… Read More »SRM Entertainment Stock Soars 633% Following Strategic Reverse Merger with Justin Sun’s Tron

Circle Mints $100 Million USDC on Algorand, Signaling Institutional Demand for Stable Liquidity

Circle has issued $100 million in USDC stablecoins on the Algorand blockchain, reflecting heightened institutional demand for stable liquidity in cryptocurrency markets. This strategic minting event underscores USDC’s role in supporting market stability and decentralized finance (DeFi) activity without triggering… Read More »Circle Mints $100 Million USDC on Algorand, Signaling Institutional Demand for Stable Liquidity

Significant WLD Token Movement: Whales Withdraw $17.17 Million from Binance

Blockchain transaction tracker Lookonchain reported a substantial withdrawal of Worldcoin (WLD) tokens from cryptocurrency exchange Binance. Two newly created wallets removed a combined total of 18.2 million WLD tokens from the exchange. Based on current valuations, this movement represents approximately… Read More »Significant WLD Token Movement: Whales Withdraw $17.17 Million from Binance

Veteran Trader Peter Brandt Advises Diversification Amid Bitcoin’s Potential New High

Veteran trader Peter Brandt has recommended investors diversify their portfolios by allocating funds to Bitcoin alongside traditional assets like S&P 500 and Nasdaq 100 ETFs. This advice comes as Bitcoin approaches a potential new all-time high, with Brandt emphasizing caution… Read More »Veteran Trader Peter Brandt Advises Diversification Amid Bitcoin’s Potential New High

Bitcoin ETF Inflows Surge Amid Price Rally as Derivatives Signal Caution

Significant inflows poured into US-listed spot Bitcoin ETFs following Bitcoin’s climb to nearly $110,000, marking the largest single-day injection since early June. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, attracting $267 million. This substantial inflow propelled IBIT’s total assets… Read More »Bitcoin ETF Inflows Surge Amid Price Rally as Derivatives Signal Caution

Cantor Fitzgerald Positions Solana as Corporate Treasury Alternative to Ethereum

Investment bank Cantor Fitzgerald has identified Solana (SOL) as a compelling alternative to Ethereum for corporate treasury strategies, citing its technical advantages and expanding enterprise adoption. Companies including DeFi Development Corp., Upexi, and Sol Strategies have integrated SOL into their… Read More »Cantor Fitzgerald Positions Solana as Corporate Treasury Alternative to Ethereum

Bitcoin ETFs Record $11.2 Billion Inflows Over Eight Weeks Amid Steady Price Growth

Bitcoin exchange-traded funds (ETFs) have attracted $11.2 billion in fresh capital inflows over the past eight weeks, demonstrating sustained institutional interest despite modest price appreciation. During this period, Bitcoin’s value increased by approximately 10%, reflecting restrained market movement despite substantial… Read More »Bitcoin ETFs Record $11.2 Billion Inflows Over Eight Weeks Amid Steady Price Growth

XRP Ledger Sees Record Network Activity and Whale Accumulation Amid Market Volatility

The XRP Ledger has experienced unprecedented network activity with daily interacting addresses averaging over 295,000 in the past week. This marks a dramatic surge from the typical 35,000 to 40,000 range, signaling heightened user engagement and transaction volume. Simultaneously, whale… Read More »XRP Ledger Sees Record Network Activity and Whale Accumulation Amid Market Volatility

AI Forecast Projects Cardano (ADA) Surge to $150+ by 2040, Cites Steady Growth

Telegaon has released AI-driven projections indicating significant long-term potential for the Cardano (ADA) cryptocurrency, forecasting a possible rise above $150 by the year 2040. This optimistic outlook is attributed to the platform’s ongoing development and increasing adoption trajectory. According to… Read More »AI Forecast Projects Cardano (ADA) Surge to $150+ by 2040, Cites Steady Growth