Key takeaways SOL is up 7% in the last 24 hours and is now trading above $220. The coin could rally towards the $240 resistance as the broader market bounces back from recent lows. SOL tops the $220 resistance level The cryptocurrency market has turned things around following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, hit the $119k level a few hours ago, allowing altcoins to rally higher. Solana’s SOL added more than 7% […]
Bitcoin has surged to its highest level in over two months, above $119,000. The rally is a direct reaction to the US government shutting down operations. The shutdown is expected to create a “positive liquidity impulse” for markets. The political paralysis in Washington has become the crypto market’s rocket fuel. Bitcoin has surged to its highest level in over two months, blasting past the $119,000 mark as the US government officially shut down its operations, a dramatic development that traders […]
UK seizes 61,000 Bitcoin worth $7B in one of the world’s largest crypto fraud cases. Zhang and Ling plead guilty to laundering funds tied to a $5.6B Chinese investment scam. Civil battle looms over seized Bitcoin as victims and UK government vie for recovery. Two individuals accused in one of the largest cryptocurrency fraud cases in UK history have pleaded guilty to charges of laundering criminal funds using Bitcoin. Yadi Zhang, 47, also known as Zhimin Qian, admitted to possessing […]
SEC operations could be hampered, delaying crypto ETF approvals for Solana and Litecoin. Limited staff during shutdown may stall key regulatory reviews and deadlines. Delays can dampen investor confidence and trigger market volatility in altcoins. The possibility of a US government shutdown is stirring unease in the cryptocurrency world, particularly around the fate of eagerly awaited Solana (SOL) and Litecoin (LTC) ETFs. The Securities and Exchange Commission (SEC), which oversees approval of these investment products, could see its operations severely […]
Perp DEX tokens lost more than $1.3 billion in market value over the past day. ASTER, AVANTIS, and APEX drop up to 35%. Analysts anticipate significant rallies in October. Cryptocurrencies displayed weakness on Tuesday, with most currencies losing momentum after yesterday’s momentary jumps. The global cryptocurrency market capitalization plunged 1% in the past 24 hours to $3.89 trillion. Meanwhile, perpetual tokens underperformed the broader market. CoinGecko data shows Perp coins dropped 6.2% (or $1.35 billion) of their valuation within the […]
Chainlink and Swift enable tokenized fund workflows via existing banking systems. UBS pilots new Chainlink-Swift system, avoiding costly infrastructure upgrades. Global institutions can connect with crypto using their tested rails. Chainlink and Swift have deepened their collaboration with a new system designed to help financial institutions manage tokenized fund processes using existing infrastructure. The initiative integrates Swift’s global messaging network with the Chainlink Runtime Environment (CRE), enabling subscription and redemption workflows for tokenized assets without requiring firms to overhaul their […]
Ethereum signals strength as BitMine accelerates ETH treasury strategy. The ETH price bounced from lows of $3,800 last week and is holding above $4,100. Bitmine’s buying leads the corporate world’s interest in Ethereum, and tailwinds such as spot exchange-traded funds approval could catalyse gains to above $5,000. While cryptocurrency markets continue to witness price turmoil, Ethereum has held above the key level of $4,000, with ETH likely to explode as investors reignite altcoin season talk. The latest developments in the […]
Key takeaways SOL has dropped below $210 after starting the week bullish. The coin could drop below $200 if the bullish trend fails to gain momentum. SOL fails to surpass the $220 resistance level SOL, the native coin of the Solana blockchain, has lost less than 1% of its value in the last 24 hours. At press time, it is trading at $208 per coin. The negative performance comes after SOL and the broader crypto market had a positive start […]
Bitcoin is on track to close September with a rare positive gain of 4.5 percent. Historically, a green September has preceded an average Q4 rally of over 50 percent. If the pattern holds, Bitcoin could be eyeing the 170,000 dollar region by year-end. In a powerful and rare defiance of its own grim history, Bitcoin is on the verge of closing the books on a positive September. This is no small feat. The month has long been the cruelest on […]
Poland’s new crypto law imposes strict KNF licensing and heavy penalties. Industry warns rules could stifle innovation and push firms abroad. The president’s decision may determine Poland’s crypto market future. Poland has moved closer to enacting one of Europe’s strictest cryptocurrency laws, drawing sharp criticism from industry leaders and sparking a heated political debate. The legislation, framed as an interpretation of the European Union’s Markets in Crypto-Assets (MiCA) regulation, aims to strengthen oversight and protect investors but has raised concerns […]