Solana Futures Coming to CME Group Trading giant CME Group is launching futures contracts for Solana (SOL) on March 17th. This gives investors another way to bet on the cryptocurrency’s price. They’ll offer two contract sizes: a smaller one representing 25 SOL and a larger one representing 500 SOL. However, the launch still needs regulatory…
US banks are facing a massive increase in unrealized losses, a worrying sign for the financial sector. Billions in Losses In the last three months of 2024, unrealized losses on bank balance sheets jumped a whopping $118.4 billion, reaching a total of $482.4 billion. This is largely due to rising interest rates, which have lowered…
Economist Alex Krüger, a prominent voice in the crypto world, believes Bitcoin (BTC) might have hit its lowest point after a significant price drop. He suggests that if this is indeed the bottom, BTC could quickly climb back to the $89,000-$92,000 range. Krüger’s Prediction: A Potential Bear Trap Krüger’s analysis points to a potential “bear…
Binance has added RedStone (RED) to its Launchpool, making it the 64th project! This means you can now get in on a multi-chain oracle solution. What is RedStone (RED)? RedStone is designed to provide reliable data feeds across different blockchains, making decentralized finance (DeFi) apps more efficient. Think of it as a super-reliable source of…
Bitcoin’s start to 2025 has been pretty underwhelming. January was mostly sideways, but February started with a bang—a bad one. The price plummeted, falling below $80,000 and marking one of its worst February performances in recent history. Why the Bitcoin Dip? Coinbase analysts David Han and David Duong point to a few key factors: Lack…
Bitcoin’s price took a major tumble recently, dropping over 15% and briefly dipping below $80,000. Let’s break down what happened and who felt the pinch. Short-Term Holders Take the Hit The recent sell-off hit short-term Bitcoin holders (those who bought recently) the hardest. Data from Glassnode shows that these investors experienced massive realized losses. The…
The SEC just gave meme coins a big thumbs-up! They’re officially considered collectibles, not securities. This is huge news for the crypto world. The SEC Changes its Tune For a long time, the SEC was all over crypto, trying to figure out what was and wasn’t a security. Meme coins were in the grey area….
The use of artificial intelligence (AI) in cryptocurrency is no longer a trend; it’s fundamentally changing the crypto game. Let’s look at how AI agents are impacting the crypto world, both the good and the bad. The Rise and Fall of AI Agents AI agents – sophisticated software that handles crypto tasks without human intervention…
Zelle, the popular payment app, is shutting down its standalone app on March 31st. After that date, the app will no longer let you send or receive money. What’s Happening? The company says this is because most people already use Zelle through their bank’s app. Only about 2% of Zelle transactions currently happen on the…
An AI-focused cryptocurrency, Cookie DAO (COOKIE), bucked the recent crypto market downturn after Coinbase added it to its listing roadmap. Cookie DAO’s Resilience COOKIE, currently trading around $0.215, showed little change over the past day and week. This is in stark contrast to the broader crypto market, which saw a 5% drop in the last…
