Solana News

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%.

Through the partnership, Sharps will use Coinbase Prime for secure custody and over-the-counter trading of its Solana assets.

Ethereum led losses among the top 10 cryptocurrencies by market capitalization, falling as much as 3.2%.

Ethena said JupUSD will be integrated into key areas of the Jupiter ecosystem, including Jupiter Perps and Jupiter Lend.

CEO Brian Armstrong suggested that other states, including California, Wisconsin, New Jersey, and Maryland, should also reconsider their legal challenges and regulatory barriers to allow staking services.

Meme token Dogecoin saw the steepest decline among the top 10 cryptocurrencies, falling 4.3% in the last 24 hours.

With a market capitalization of about $180 billion, BNB now ranks ahead of XRP, whose value stands at roughly $178 billion.

Retail sentiment on Stocktwits trended in ‘extremely bullish’ territory amid ‘high’ levels of chatter.

The company said its Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF are the first U.S.-listed spot crypto ETPs to enable staking.

With the launch of its new product, Galaxy will now be competing against the likes of Robinhood and eToro.

Spot market volumes have rebounded amid Bitcoin’s rally, according to on-chain analytics firm Glassnode.

A shutdown would freeze congressional work, including Senate consideration of the digital asset market structure bill.

The pullback comes ahead of the August release of the Personal Consumption Expenditures price index, due later this Friday.

The SEC filing indicates that the ETF would weight companies based on market capitalization and crypto holdings and allocate up to 15% to PIPEs within liquidity constraints.