Solana TVL drops 40% as SOL price risks further losses to $110
Solana’s (SOL) price trades 52% below its all-time high of $295 on Jan. 19. The 41% drawdown over the last month accompanies a 40% drawdown in the total value locked…
TradFi stablecoins will find it hard to win market share — Bitwise CIO
Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise.“TradFi stablecoins will find it harder than they…
Ripple partners with BDACS for XRP, RLUSD custody in South Korea
Ripple Labs has signed a strategic partnership with BDACS, a South Korean digital asset custody provider, to support institutional custody for XRP and Ripple USD.The partnership, announced on Feb. 26,…
Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan
Bitcoin mining company Core Scientific unveiled plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave. The announcement followed the company’s fourth-quarter 2024 earnings report,…
Cointelegraph Bitcoin & Ethereum Blockchain News
Understanding Bitcoin solo mining Solo mining involves an individual miner independently validating Bitcoin transactions and adding new blocks to the blockchain without collaborating with others in a mining pool.This process…
Is BTC price about to fill a $78K Bitcoin futures gap?
Bitcoin may finally reach a key downside target from last year as BTC/USD edges ever closer to old all-time highs.In fresh X analysis on Feb. 27, trader and analyst Rekt…
THORChain swap volume explodes past $1B after Bybit hack
THORChain, a crosschain swap protocol, is experiencing a surge in activity following the $1.4 billion exploit of cryptocurrency exchange Bybit.On Feb. 26, the protocol processed $859.61 million in swaps, marking…
Suspicious outflows detected from wallet linked to Mask Network founder
Onchain cybersecurity platform Cyvers detected suspicious outflows from an address linked to Mask Network founder Suji Yan on Feb. 27.According to Cyvers, the flagged addresses received approximately $4 million in…
How low can the Bitcoin price go?
Bitcoin’s (BTC) price has taken a major hit this week, with analysts speculating on its next move after a tumultuous period. As of Feb. 27, the cryptocurrency is down 3%…
Here’s what happened in crypto today
Today in crypto, California Democratic Party Representative Sam Liccardo is reportedly preparing to introduce the MEME Act in the US House of Representatives, which would ban the issuance of memecoins…