📰 Featured News
⚡ Ethereum: institutional withdrawal and bullish signals
Large withdrawals of ETH from exchanges suggest institutional conviction and possible upcoming bullish pressures. A healthy correction from levels of US$3,700 is interpreted as part of a consolidation of momentum.
📉 Bitcoin stagnant near US$114,000
Bitcoin faces key resistance at that level. Institutional accumulation continues, but BTC dominance has ceded ground to altcoins.
🪙 Winning altcoins
Litecoin (LTC) rose by 14.4%.
Mantle (MNT) recorded an increase of 20%.
A token outside the top 100 called MYX Finance (MYX) surged an impressive 465% in 24 hours.
Dogecoin (DOGE) rebounded 4% to US$0.206, with high open interest in futures anticipating a potential breakout towards US$0.24.
📱 Solana launches the blockchain mobile “Seeker”
Solana began the distribution of its new smartphone integrated with blockchain technology to 50 countries, with 150,000 pre-orders. It could replicate the success of the Saga and integrate new memecoins like SNORT.
📈 Development of institutional crypto funds
Crypto hedge funds like Fasanara Digital and Edge Capital report gains of 7%–8% so far this year, reflecting the growing institutional demand for digital assets.
💼 Coinbase issues convertible debt
Coinbase announced a private offering of convertible bonds for US$2 billion, as part of a strategy to strengthen its balance sheet amid increased market volatility.