David Sacks Confirms Selling Crypto Holdings Before Joining Trump Administration
White House AI and Crypto Czar David Sacks has confirmed that he sold all his cryptocurrency holdings before taking up his role in the Trump administration. Some of the assets the official previously owned included Bitcoin (BTC), Ethereum (ETH), and…
Bitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first…
Solana DEX Trading Volume Drops to $2.61B, Lowest Since Mid-December
Solana DEX’s trading volume dropped to $2.61 billion on February 16, continuing its downward trajectory and reaching its lowest level since mid-December. While Raydium’s volume plunged by over 45% and Orca’s fell by nearly 30% in the past week, Meteora…
Solana Price Craters 40% From January High as Meme Coin Bubble Bursts
Solana (SOL) has been downtrending and retracing heavily over the past month. The asset has declined 40% since its Jan. 19 all-time high of $293, and the trend seems set to continue as meme coin mania fades. Moreover, SOL is…
These Crypto Assets Are Seeing the Biggest Surge in Social Media Buzz
Over the past few weeks, the crypto community has witnessed the unveiling of several events and incidents; however, only a select few have dominated the discussions across social media. The market intelligence platform Santiment has outlined cryptocurrencies that are seeing…
Helius Labs CEO Defends Solana Amid Criticism Over Meme Coin Frenzy
The Solana blockchain has come under fire, with critics calling it a breeding ground for speculative assets. However, Helius Labs CEO Mert Mumtaz argues that the chain is being unfairly blamed for trends that exist across all networks. The Meme…
Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates
The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and analyzed by CryptoQuant, the number of Binance Pay users tripled…
3 Reasons Why the Solana (SOL) Price Crashed by 20% Weekly
TL;DR Solana (SOL) fell below $140 amid a broad crypto correction, whale sell-offs, and other setbacks. Despite the drop, the asset’s oversold RSI (15.9) and market optimism signal a possible rebound and buying opportunity. The Potential Factors Solana (SOL) was…
Bitcoin, Ethereum, Ripple, and Solana See Widespread FUD
The cryptocurrency market is facing intense fear, uncertainty, and doubt (FUD), with sentiment around several top assets at extreme bearish levels. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) have all suffered significant declines, pushing traders into panic mode,…
Sonic Introduces Its Mobius Mainnet to Serve as a Seamless Extension of Solana
Sonic, the first chain extension built on Solana, launched its Mobius mainnet today (February 27). The blockchain solution aims to extend Solana’s capabilities, enhance scalability, and provide a dedicated layer for high-volume decentralized applications (dApps). Mobius Goes Live According to…