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news-imageJanuary 31, 2025

FX Guys Surges to Stage 2 With $1 Forecast While Chainlink and Solana Struggle to Deliver

FXGuys raises $2.6M in presale, forecasted at $1. With staking, Trade2Earn, and trader-focused features, it outpaces Chainlink and Solana in DeFi.
Publisher: Crypto Daily
Sentiment: Positive
LINK
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Positive
cover-imageBenzinga
January 31, 2025

Chainlink Up 23% In A Month: What Is Going On With LINK?

Chainlink (CRYPTO: LINK) has surged 23.4% over the past month, but technical analysts remain skeptical about the coin's short-term prospects. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $25.48 $16.3 billion +2.7% -2.4% Avalanche (CRYPTO: AVAX) $35.54 $14.6 billion +3.2% -2.9% Stellar (CRYPTO: XLM) $0.4188 $12.8 billion -3.7% -4.9% Trader Notes: Crypto analyst Michael van de Poppe believes Chainlink will be crucial for banks integrating DeFi in the coming years.

Negative
cover-imageInvezz
January 31, 2025

Solana's rideshare service Teleport announces shutdown

In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has announced its closure. The company shared the announcement via its official website and X account, marking the end of an ambitious venture to integrate decentralized technologies into the everyday transport sector.

Positive
cover-imageCrypto Economy
January 31, 2025

Apollo and Securitize Launch Tokenized Private Credit Fund On Solana

TL;DR Apollo and Securitize have launched a tokenized private credit fund, ACRED, providing institutional and accredited investors with access to Apollo's diversified global credit strategy. The fund operates on multiple blockchain networks, including Solana, Ethereum, and Avalanche, leveraging Wormhole's interoperability.

Positive
cover-imageInvezz
January 31, 2025

Coinbase files for self-certification to launch Solana futures

Coinbase, one of the leading cryptocurrency exchanges, has taken a significant step towards expanding its derivatives offerings by filing for self-certification to list Solana (SOL) futures contracts. This filing with the US Commodity Futures Trading Commission (CFTC) aims to introduce Solana futures contracts on Coinbase Derivatives, the company's subsidiary focused on futures trading.

Positive
cover-imageCrypto news
January 31, 2025

Coinbase to list Solana on derivatives platform

Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives. The Solana futures market is set to introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700.

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