- *Cryptocurrency Prices:* - *Binance Coin (BNB)*: $598.80 with a 1.65% increase - *Binance Staked SOL (BNSOL)*: $153.30 with a -0.45% decrease - *Exchange-Traded Products (ETPs):* - *21SHARES Binance Coin ETP*: available on European exchanges like XPAR and XFRA, with prices around €35-36 - *Market Activity:* - Binance's cryptocurrency market capitalization for BNB is $84.54 billion
To stay up-to-date on Binance trends, consider checking financial news sources like Reuters or visiting Binance Square for the latest news and opinions. Would you like more information on Binance or cryptocurrency trends ⁴? #solana #BNSOL #bnb
Here's the latest news on Bitcoin, Dogecoin, and Solana:
BITCOIN#bitcoin - Bitcoin's price surged above $93,000 earlier due to strong ETF inflows, with long-term holders increasing their collective wealth by $26 billion this month. - The cryptocurrency saw a 2% price uptick in the last 24 hours, with over $40 million in positions exited, making it the most liquidated coin in the period. - Bitcoin's funding rates turned negative recently, but a price correction pushed the price level back above $92,000, starting a psychological market short squeeze ¹ ².
DOGECOIN#DOGE - Dogecoin's price jumped nearly 9% over the last 24 hours to $0.172, following Bitcoin's surge above $90,000. - DOGE's 24-hour 6% gain is the highest among the top 10 cryptos by market cap, with investors optimistic about potential ETF filings. - The US SEC's acknowledgment of Grayscale's ETF filings for Dogecoin has contributed to the price increase ³ ¹ ⁴.
Solana#solana - Solana's price tumbled to $180, down over 9% since the US SEC acknowledged XRP and DOGE ETF filings, with bears dominating the SOL derivatives markets. - $400 million active short contracts dwarf $138 million long positions, indicating a potential prolonged downtrend. - However, an overextension of bearish bets could set the stage for a short squeeze, potentially driving prices up ⁴. #bitcoin #solana
Here are some of the latest news and updates in the crypto industrynd
Recent Hacks and Security Concerns - Solana's Loopscale pauses lending after $5.8 million hack, restoring loan repayments while disabling some functionalities.
Market Trends and Updates - Bitcoin ETFs see record $3 billion inflows after 5 weeks, indicating a significant momentum shift in the crypto market. - Crypto sentiment recovers, but weekend liquidity risks remain a concern due to structural weaknesses. - Semler Scientific buys another $10 million worth of Bitcoin, increasing its yield by 23.5% year-to-date.#MarketRebound Regulatory Developments#TrumpVsPowell - Senator Cynthia Lummis questions the Federal Reserve's decision to withdraw crypto banking rules, calling it "not real progress." - SEC Chair Paul Atkins hints at crypto market growth, suggesting an overhaul of regulations.#BTCvsMarkets
New Projects and Launches - Stripe opens testing for a new stablecoin product following its Bridge acquisition. - First XRP ETF goes live in Brazil, sparking speculation about potential adoption in the US.#DOGE - Deloitte predicts $4 trillion tokenized real estate on blockchain by 2035, reshaping property investment ¹ ² ³.