Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the broader tone stayed firmly negative. Bitcoin ETFs Extend Losing Streak to Eight Days as Blackrock Loses $528M The selling pressure in crypto ETFs is no […]
James Wynn allegedly rug pulled $WORLD memecoin on Solana, pocketing just 3.2 SOL ($260) before claiming his account was hacked. The token had a name that felt deliberate. $WORLD went live on Solana on May 27. Its full name: THE REAL WORLD. Contract address AmpR1bXuz5hVQZ7CTtBbrHW91MB6TDrJ5Np7rupApump on Pump.fun. Minutes after launch, the wallet that created it […]
The post From $100M in Unrealised Gains to Rugging for $260 on Solana appeared first on Live Bitcoin News.
Coinbase now runs nearly 10% of all staked SOL with a newly upgraded, multi client validator architecture it says can update with “near zero downtime.” Coinbase has disclosed that it is now staking roughly 40.48 million SOL (SOL) on Solana,…
The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Crypto ex‑Bitcoin (BTC) and Ether (ETH) ripped through a volatile 12‑hour window, with ETF outflows, Solana…
The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared on BitcoinEthereumNews.com.
The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared first on Coinpedia Fintech News A recent trade highlights the growing interest in early-stage AI crypto projects as investors seek higher returns than traditional or well-established tokens can provide. One trader reportedly shifted a $1,000 position from Solana (SOL) into Ozak AI ($OZ), aiming for 40× growth rather than the relatively modest gains offered by larger, more stable cryptocurrencies. Why … Source: https://coinpedia.org/press-release/solana-into-ozak-ai-targeting-40x-growth-instead-of-2x-stability/
The post SoFi Introduces SoFiUSD – the First Bank-Issued Crypto Dollar appeared on BitcoinEthereumNews.com.
Key Takeaways: SoFi announced the creation of SoFiUSD, the nation’s first stablecoin directly through a U.S. national bank within a banking app. The stablecoin operates on both the Ethereum and Solana networks and allows for a 1:1 dollar redemption, alongside 24/7 transfers. SoFi also wants to take the plunge into FDIC insured tokenized deposits, cross border payments and institutional trading. SoFi is one of the more significant steps in the banking vs crypto wall. The gigantic fintech firm has officially unveiled its stablecoin SoFiUSD, which comes paid in dollars and offers to bring web based payments into the mainstream banking system. It is an implementation that will enable virtually 15 million SoFi members to access a bank-issued digital dollar within their existing savings, investing, loan and payment app. SoFi Pushes Banking Deeper Into Crypto Issuer of SoFiUSD is SoFi
BlackRock's significant Bitcoin investment signals growing institutional trust, potentially stabilizing and boosting the cryptocurrency market's trajectory.
The post BlackRock deposits $517M in Bitcoin to Coinbase Prime, boosting market confidence appeared first on Crypto Briefing.
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.
