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Blockchain News
Fidelity Investment in Solana Rumors Emerge
Summary
Unconfirmed reports indicate Fidelity Investments might be in the process of registering a Solana fund in Delaware, although official verification is currently absent, leaving…
Solana’s Price Range Tightens
Summary
Price Consolidation & Uncertainty: Solana's price is stuck in a tight range ($120.76 support, $131 resistance) reflecting broader market uncertainty and a recent 36%…
Trump-Linked World Liberty Financial Concludes $550 Million Token Sales
Summary
World Liberty Financial (WLFI), a DeFi project linked to the Trump family, has completed a second token sale, bringing its total raised from two sales to $550 million.…
Pi Network Coin Supply Reduced Due to Network Mechanisms
Summary
Pi Network experienced a reduction in its coin supply to 6.99 billion, prompting community speculation about a coin burn.
The reduced supply is likely due to standard…
Ethereum dominates stablecoins as USDC and USDT add $850 billion in circulation.
Summary
Ethereum remains the premier blockchain for stablecoin transactions, holding substantial reserves of USDC and USDT and demonstrating continued leadership in digital dollar…
SEC Weighs Commodity Status for XRP in Ripple Settlement Discussions
Summary
SEC Considers Reclassifying XRP as a Commodity: In ongoing settlement discussions with Ripple, the SEC is reportedly evaluating reclassifying XRP as a commodity, potentially…
Abu Dhabi Firm MGX Invests $2 Billion in Binance Exchange
Summary
Abu Dhabi's MGX invests $2 billion in Binance. The technology investment firm acquired a minority stake, marking Binance's first institutional investment.
The UAE's…
Maker [MKR] Navigates Price Swings
Summary
Maker (MKR) is currently testing the $1,300 support level, a region where significant investor accumulation has previously occurred. The ability of this level to hold will…
Solana Eyes Mainstream Finance as ETF Approval Sets
Summary
Solana is battling a "meme coin" image problem that overshadows its powerful blockchain tech.
A Solana ETF approval is imminent, promising to inject serious institutional…
Blockchain Association Wants Congress to Eliminate the IRS Defi Regulation
The Blockchain Association and 75 firms are urging Congress to repeal an IRS law that deems DeFi software as brokers. They claim that the law requires needless data collection and may push…