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Solana Digital Asset Treasury (DAT) company Helius is considering buying at least 5% of Solana (SOL), equivalent to more than $6 billion. The company will acquire Solana once it meets market capitalization and regulatory requirements, said Joseph Chee, who leads the SOL treasury strategy. In an interview with Hong Kong Economic Times, Chee noted that…
The Binance Smart Chain (BSC) ecosystem saw corrections on Thursday, with flagship token BNB and several newly-popular meme coins retreating after a burst of speculative activity earlier this week. Data from GMGN showed BNB fell 3.4% to $1,270, reversing gains from a recent rally above $1,300. “Binance Life,” a meme coin that became the focus…
Crypto market is showing mixed signals today as Bitcoin broke through $122,000, holding above $120K after a 0.41% gain, while Ethereum slipped below $4,500 following a minor 0.2% drop. Layer 2 tokens led gains with Mantle up 19% and Arbitrum up 1.2%, while AI, Meme, and DeFi sectors also posted moderate advances. Meanwhile, activity on…
The short-term Elliott Wave analysis for Nvidia (NVDA) indicates that the cycle from the September 18 low is unfolding as a leading diagonal. Starting from that low, wave ((i)) concluded at $184.55, followed by a pullback in wave ((ii)) that ended at $173.12, as depicted in the 30-minute chart. The stock then surged in wave…
Binance co-founder Changpeng Zhao has launched a $1 billion fund through YZi Labs to accelerate growth across the BNB Chain ecosystem. The fund targets long-term builders in sectors such as decentralized science (DeSci), AI, DeFi, trading, and tokenized real-world assets. Despite BNB’s 28% weekly decline to $1,299, network activity remains robust. Daily transactions recently hit…
Plasma (XPL) has pulled back nearly 15% in the past 24 hours, but growing network adoption and strong on-chain activity continue to support a bullish Plasma price prediction. Just days after launching its mainnet, Plasma has already climbed to the 5th largest DeFi chain, with $6.4 billion in total value locked (TVL). At the same…
Pepe has outperformed the wider meme coin sector amid significant whale accumulation, a testament to bullishness for Pepe price predictions. The meme coin surged 2.5% during Monday trading, outpacing the CoinDesk Memecoin Index’s 2.24% gain over the same period. With markets anticipating another 50 bps in rate cuts before year-end, the macro backdrop continues to…
Dunamu, the operator of the South Korean crypto exchange Upbit, will have to overcome five legal hurdles if it is to complete its much-vaunted merger with the tech giant Naver, according to a new report. Naver is the country’s biggest and most prominent internet firm, South Korea’s answer to Google. Upbit, meanwhile, has cornered some…
The UK will appoint a dedicated official to support the country’s transition to blockchain-based financial infrastructure, according to remarks prepared by Economic Secretary to the Treasury Lucy Rigby. According to Bloomberg, the new role, referred to as a “digital markets champion,” will be tasked with coordinating private sector initiatives around tokenization of wholesale financial instruments….
On-chain metrics point to the early-month bounce as a potential reversal from September’s 18% decline, adding weight to bullish Shiba Inu price predictions. The meme coin is seeing fresh capital inflows, with new addresses interacting on-chain spiking to their highest level in nearly two and a half months. New SHIB wallet addresses. Source: Glassnode. Long-term…