Key takeaways: Solana’s native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a week, leading traders to question the reasons behind the recent decline and whether SOL might revisit the $142 support level. Despite the price drop, SOL…
Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.io Bitcoin markets have consistently shown greater emotional resilience than traditional equities during multiple global shocks. While some on Wall Street found this “impressive” during the “Liberation Day” sell-off on April 2, such optimism isn’t a glitch — it’s a pattern that extends across digital assets. Let’s…
Solana-focused investment firm Sol Strategies filed a preliminary base shelf prospectus for up to $1 billion, as DeFi Development Corp. revealed it will adopt liquid-staked SOL for its treasury operations. According to a May 27 Sol Strategies announcement, the publicly traded Canadian Solana investment and infrastructure company “will be permitted to make offerings of common…
New York-based Donut Labs has raised $7 million in a pre-seed funding round to build what it claims is the world’s first “agentic” crypto browser — a tool designed to help users interact with blockchain-based applications using artificial intelligence. The round was led by Sequoia, Bitkraft and HackVC, with participation from angel investors including Solana…
Blockchain intelligence platform Bubblemaps has launched the public version of its v2 product, offering new tools to help users detect insider activity and prevent memecoin-related scams. Announced on May 29, Bubblemaps v2 follows a private beta testing period that attracted over 200,000 users. New features include “Magic Nodes,” which uncover hidden wallet connections among tokenholders,…
Bitcoin is poised to rally toward $120,000 after a US federal court blocked the majority of President Donald Trump’s tariffs, a crypto analyst says. “The trade court decision was an epic mic drop, and it’s going to intensify momentum behind Bitcoin,” Swyftx lead analyst Pav Hundal told Cointelegraph. The US Court of International Trade reportedly…
US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained unscathed, despite the stock drops among crypto miners. Uncertainty about the economic outlook looms The minutes of the Federal Open Market Committee’s meeting…
Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Solana (SOL) price tested the $180 resistance level on May 11, but it…
Key point: Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time high after a sharp rally. The report added that a mild retracement or consolidation would be healthy…
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said…