A fast-growing Solana-based crypto platform is advertising a New York director of legal affairs role paying $1 million to $5 million a year, even as the market remains weak and Bitcoin is down about 50% since October. The company launched in 2024, says it processes more than $300 million in daily transactions, and is facing […]
The post Is Ethereum Overtaking Bitcoin in Institutional Interest? appeared on BitcoinEthereumNews.com.
Recent data from July 8 reveal a shift in institutional interest between cryptocurrencies, with Bitcoin exchange-traded funds (ETFs) experiencing significant outflows, while Ethereum ETFs saw a consistent period of growth and inflows. Bitcoin ETFs faced net outflows amounting to $84.86 million on this day, marking a substantial withdrawal from the market. Continue Reading:Is Ethereum Overtaking Bitcoin in Institutional Interest? Source: https://en.bitcoinhaber.net/is-ethereum-overtaking-bitcoin-in-institutional-interest
The post Solana Price Tests Key Resistance Between $79 and $85 appeared on BitcoinEthereumNews.com.
The post Solana Price Tests Key Resistance Between $79 and $85 appeared first on Coinpedia Fintech News Solana is testing a resistance zone between $79 and $85, where about 105 million SOL previously changed hands, according to the source’s URPD data. The range is significant because many holders may choose to sell near their breakeven prices, increasing resistance. The next moves will depend on whether SOL breaks above this zone or is … Source: https://coinpedia.org/crypto-live-news/solana-price-tests-key-resistance-between-79-and-85/
The post Solana Trading Volume Falls to 2026 Low as Negative Sentiment Peaks appeared on BitcoinEthereumNews.com.
The post Solana Trading Volume Falls to 2026 Low as Negative Sentiment Peaks appeared first on Coinpedia Fintech News Solana’s trading volume has fallen to its lowest level of 2026, while negative sentiment reached its highest daily level of the year, according to the source. The decline comes despite continued interest in tokenized stocks and real-world asset (RWA) activity on the network. Weak trading activity and bearish sentiment highlight slowing market participation. Investors will … Source: https://coinpedia.org/crypto-live-news/solana-trading-volume-falls-to-2026-low-as-negative-sentiment-peaks/
The post Bank of Japan may speed up rate hikes. Will it help or work against bitcoin? appeared on BitcoinEthereumNews.com.
The Bank of Japan (BOJ) may raise its benchmark interest rate rapidly this year, as the yen slides, eventually pushing it above 2%. That’s the latest warning from a former Bank of Japan official Tsutomu Watanabe, an economics professor at the University of Tokyo who left the central bank in 1999, according to Bloomberg. As of now, the official rate is at 1%, the result of recent hikes, and the 10-year benchmark government bond yield hovers above 2.8%, the highest in at least three decades, according to data source TradingView. Meanwhile, the Japanese yen continues to slide despite recent hikes and hardening Japanese government bond yields. It has depreciated by 60% to 162.36 per U.S. dollar since early 2021, a major decline for one of the most traded currencies in the world. Also, it has dropped 3% so far this year. Faster potential interest rate hikes by the BOJ m
The post Bitcoin Price Drop Looks Mild Despite 51% Bear Market Drawdown appeared on BitcoinEthereumNews.com.
Key Insights CoinGecko says the current Bitcoin bear market is the mildest on record, with a 51.2% decline. Market analyst CW says Bitcoin whales are buying both spot and futures during the pullback. Crypto Patel says Bitcoin’s bearish quarterly close puts focus on the $36,000 support level Bitcoin price drop has reached 51.2% from its all-time high, but new data from CoinGecko shows this is still the smallest bear market decline in Bitcoin’s history. At the same time, some market watchers say large holders are buying, even as the market remains under pressure. Bitcoin Price Drop is Still Smaller Than Past Bear Markets Bitcoin price drop in the current market has reached 51.2% from its record high of $124,773. Even though that is a big fall, fresh data from CoinGecko shows the decline is still smaller than every major bear market that came before it. CoinGecko compared the curre
The post Bitcoin Steady at $62K Despite Iran-Israel Strike Escalation appeared on BitcoinEthereumNews.com.
IRAN-ISRAEL News Bitcoin held above $62,000 on Thursday even as the latest round of U.S. strikes against Iran pushed the conflict into a sharper phase. The largest cryptocurrency traded at $62,009, down just 1.2% over 24 hours yet up 1.6% on the week, a strikingly muted reaction for an asset that once shed 5% on a single Middle East headline. Our reading of the tape is that the market absorbed the escalation without the panic seen in earlier legs of the conflict. Traders continue to flag $60,000 as the line that matters: defending it through further military action would confirm that the recent calm is structural rather than luck. The war premium showed up most clearly in energy. Brent crude climbed roughly 1% to $78.80 a barrel, a third straight session of gains, after Washington completed another wave of strikes and both sides raised the prospect of closing the Strait of Hormuz,
The post Bitcoin Spot ETFs Swing to $84.9M Net Outflow in a Single Session appeared on BitcoinEthereumNews.com.
Bitcoin News United States spot Bitcoin exchange-traded funds swung back to a net outflow of $84.9 million over the past 24 hours, reversing the modest $21.5 million inflow booked one session earlier. The one-day whipsaw underscores how quickly regulated institutional demand can fade in the current tape. Fund-flow data shows the reversal was broad rather than isolated, with capital leaving several of the largest vehicles at once. For Bitcoin, the reading extends a stop-start rhythm that has defined recent weeks, where heavy redemptions repeatedly overwhelm limited inflows and leave the directional conviction of professional allocators difficult to read. The redemptions were led by the two heavyweight products in the category. BlackRock’s IBIT, the largest spot Bitcoin fund by assets, shed $59.1 million on the day, while Grayscale’s legacy GBTC lost a further $63.7 million. Th
The post Harry Hwang Warns Compliant Solana Order Flow Lanes Could Concentrate Institutional Liquidity appeared on BitcoinEthereumNews.com.
Key Takeaways Moneygram recently became a Solana validator to master node operations before ledger integration. Apprehension grows over compliant order lanes as Solana risks centralizing liquidity into 1 approved route. Flowra’s PBP framework will next let institutional nodes block 100% of toxic MEV via programmable policies. Moneygram’s Strategic Infrastructure Staging Ground Global remittance giants have traditionally operated as consumers of network infrastructure. Moneygram’s deployment of an active Solana validator node—and its integration into the Solana Developer Platform (SDP)—marks a notable shift. Moneygram is no longer just using the tracks; it is helping run the engine. Yet as traditional financial institutions (TradFi) step into permissionless consensus layers, they face significant engineering, security and economic friction. Harry Hw
