Solana News

The partnership also expands Galaxy’s multi-year institutional work with State Street, following ETF collaborations in 2024.

The feature allows immediate trading of newly created Solana tokens without a separate Coinbase listing.

Overall crypto market capitalization declined 1.6% to $3.2 trillion.

The Commodity Futures Trading Commission (CFTC) said the move meets one of the goals set by President Donald Trump to regulate crypto.

In a post on X, investment analyst and Bitcoin supporter Simon Dixon said he philosophically agrees that the value altcoins may go to zero.

Bitcoin shorts accounted for about $226 million of the liquidations.

Around $864 million in long positions were liquidated in the last 24 hours, while $75 million in short bets were wiped out.

In a post on X, CryptoQuant founder Ki Young Ju forecast that altcoin projects without ETFs or DATs are at higher risk.

Retail sentiment across the top 10 cryptocurrencies by market capitalization deteriorated over the past day.

TRX, ETH, and XRP posted small gains, while Dogecoin, Solana, and Cardano declined.

10x Research warned that no strong catalyst has emerged for Bitcoin in 2025, making a confident bullish stance difficult.

According to CryptoQuant analyst Carmelo Alemán, ongoing selling by mid-sized holders in the 1,000–10,000 BTC price range is preventing a definitive confirmation of trend reversal.

XRP and DOGE led large-cap tokens higher ahead of new Grayscale ETFs expected to launch later in the day.

Bitcoin alone accounted for over $1 billion in forced liquidations, with Ethereum and Solana following.

Bitcoin spot ETFs recorded $75.47 million in inflows on Wednesday, with IBIT contributing more than $60 million.

BlackRock’s iShares Bitcoin Trust saw $523 million in net outflows on Tuesday, marking the ETF’s largest day of outflows since its January 2024 debut.

More than half of that $1 billion was from bets on Bitcoin, totaling around $570 million.

The ETF’s debut did not manage to lift Solana’s price amid broader weakness in the cryptocurrency market.

Crypto liquidations surpassed $500 million in 24 hours, led by Bitcoin and Ethereum.

CoinGlass data shows that long positions made up the majority of the $1.1 billion in liquidations.

Block said the integration will simplify cross-border payments and improve settlement efficiency while maintaining the user-friendly interface that Cash App is known for.

The broader cryptocurrency market dropped 1.2% over the past day, with a total market capitalization of around $3.5 trillion.

Burry said he spent $9.2 million on Palantir put options, not $912 million as the media reported.

The total crypto market capitalization slipped to approximately $3.6 trillion amid $373 million in liquidations.

Bitcoin ETFs have seen over $2 billion in withdrawals since October 29, the second-worst streak on record.

The use of AI has posed a threat to the workforce, rendering some positions superfluous, while the rising capital expenditure needs of big tech companies have also prompted them to trim jobs.

Solana’s price fell 1.4% over the week despite surging retail optimism and major institutional developments.

The broader crypto market saw $860 million in liquidations, led by Bitcoin and Ethereum.

Bitcoin accounted for roughly $370 million of total liquidations, while Ethereum saw $189 million wiped out.

Most retail traders polled on Stocktwits expect the Federal Reserve to cut rates, with 61% expecting a 25-basis-point reduction.

Pump.fun said it acquired the Padre trading terminal to improve multichain trading capabilities and user experience.

Bitcoin was the top trending ticker on Stocktwits on Friday morning, followed by MSTR’s stock and Ripple’s XRP token.

Solana Company’s holdings of Solana tokens have declined by as much as $75 million over the past week.

Glassnode noted that with ETF inflows weakening and volatility spiking, the market is in a “reset phase” and that its recovery hinges on renewed demand.

According to on-chain analysis firm Glassnode, the Bitcoin options markets show net premium concentration between $115,000 and $130,000, suggesting traders remain positioned for upside.

According to on-chain analysis firm Glassnode, Friday’s wipeout after Trump’s tariff threat to China triggered the largest futures liquidation in Bitcoin’s history.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.

Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.

Stocktwits data showed that the number of retail investors tracking the stock increased by 25% over the past day, while message volume increased 72%.