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The latest downturn in crypto has resulted in many investors heading for the exits. However, there are signs that in the top two layer one cryptocurrencies, outside of Bitcoin, a bottom could be forming.
Binance is in the spotlight as online analysts on X question its low reserves and whether the crypto exchange sold its BTC, SOL, and XRP reserves to pay its $4.3 billion fine to the Department of Justice (DoJ). Binance, however, has assured customers that their funds are safe.
Blockchain tracking firm Lookonchain says a crypto whale suddenly withdrew $5 million worth of Solana (SOL) to possibly buy more artificial intelligence (AI) related tokens.
Backpack CEO Armani Ferrante joins the Hashing It Out podcast to discuss the future of crypto exchanges, security, regulation and the evolving Solana ecosystem in 2025.
Trading for these Solana-based tokens is set to begin on or after 9 AMPT on February 13, 2025, provided liquidity conditions are met. These new additions continue Coinbase's push to expand its offerings, especially within the growing Solana ecosystem.
Taurus, a digital asset firm backed by Deutsche Bank, has launched its enterprise-grade custody and tokenization platform, Taurus-CAPITAL, on the Solana blockchain.
Few asset classes have created millionaires faster than crypto. Known for their explosive volatility , these digital assets have allowed retail investors to trounce benchmarks like the NASDAQ Composite and S&P 500.
TL;DR FDUSD-FOMO Pay Partnership: First Digital USD (FDUSD) partners with FOMO Pay to enable on-chain stablecoin payments for merchants on Ethereum and Solana blockchains. Merchant Integration: Over 200,000 merchants across Asia will now accept FDUSD, leveraging faster settlement times and reduced fees.
Integration of Taurus-PROTECT and Taurus-CAPITAL provides banks and issuers with secure custody, staking, and scalable issuance of tokenized assets on Solana. The post Deutsche Bank-Backed Taurus Integrates with Solana, Enables Institutions to Enter Tokenized Asset Space appeared first on Cryptonews.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
The line between traditional finance and the world of crypto continues to blur. Franklin Templeton, a giant in asset management with $1.6 trillion under management, takes another step towards integrating blockchain and announces the extension of its tokenized US money market fund (FOBXX) on Solana.
If you're thinking about allocating $2,000 to the cryptocurrency sector, you're in luck, because there are a plethora of great choices right now. It's just a matter of finding the coins that mesh the best with your investing philosophy and your other preferences.
BNB surged 22.2% in a week, outperforming the broader crypto market, while SOL's decline reflects growing market volatility among altcoins.
Franklin Templeton has announced the expansion of its OnChain U.S. Government Money Market Fund (FOBXX) to the Solana blockchain.
Solana (SOL) has been struggling to regain the momentum seen at the close of 2024, with the price oscillating between $180 and $260 since November. Currently, SOL is facing resistance at around the $205 mark, which has been a consistent obstacle for the past week.
Binance Coin (BNB) rallied above $700 and moved ahead of Solana (SOL) after a revival of the Binance Smart Chain ecosystem, complete with new meme token launches.
Amid today's market retrace, BNB is leading the market with a 9% surge and surpassed Solana after flipping the cryptocurrency's market cap. Some analysts suggest BNB's breakout could attempt to reclaim the $700 level and target new highs.
BNB Chain has unveiled a series of major upgrades set for 2025, aiming to significantly enhance transaction speed, reduce costs, and introduce AI-driven features. The post BNB Overtakes Solana to Become 5th Largest Crypto as BNB Chain Unveils 2025 Upgrades appeared first on Cryptonews.
Two dormant Solana whale addresses have reactivated and accumulated $18.6 million worth of SOL tokens while the price consolidates near $200, with one address purchasing 61,319 SOL at $202.53 and another acquiring 30,901 SOL.
If you hold Solana tokens like $BONK, $PENGU, $UFD, $WIF, or $JUP and $RAY, you can now buy them. Also, users can now manage them directly from their mobile.
After submitting a formal request to the CFTC, Coinbase Derivatives would now be ready to list futures on Solana.
First Digital, the group behind the FDUSD stablecoin, has joined hands with FOMO Pay, a licensed Major Payment Institution in Singapore and Hong Kong, to add the stablecoin to FOMO Pay's payment solutions on Ethereum and Solana. The post FDUSD Integrates with FOMO Pay on Ethereum and Solana, Enables Payments to Merchants appeared first on Cryptonews.
In 2021, Solana surged in the cryptocurrency market, escalating from below $2 to a peak of $260. Its velocity, scalability, and the proliferation of decentralized finance made it a leading performer. A new AI-driven cryptocurrency is generating significant attention, claiming a remarkable 9,800% potential return.
Due to a number of planned advancements in the BNB Chain's 2025 roadmap, BNB has surpassed SOL to become the fifth largest cryptocurrency by market cap.
