FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana is also significantly lower, due to FTX’s sister company Alameda currently holding large…
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Following the FTT token, Solana (SOL) in particular is currently suffering a massive price slump. As a report revealed last week, the SOL token is one of the major assets on FTX’s balance sheet. If Binance pulls out of the FTX deal, it could mean a massive sell-off in SOL. Amid concerns about this scenario,…
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After Binance and FTX engaged in a word war on social media – and eventually making amends (well, sort of; Binance said today it’s buying FTX) – Solana got dumped violently. Solana’s native token, SOL, is trading in the red across all time frames, as reported by CoinGecko, lending credence to the bearish claims. When…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration Read more »Sign up for e-EUR – the…
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Circle, the US-based payments company that issues the stablecoin USD coin (USDC), announced its plans to bring its Euro Coin and cross-chain transfer protocol to Solana (SOL) in early 2023. In a Sunday press release, the company said that it aims to expand native support of Euro Coin and access to its new permissionless cross-chain infrastructure on…
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Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Changpeng Zhao announced to sell all FTT tokens, SOL is seeing a massive -12% drop in price over the last 24 hours. Even…
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Prominent digital artist Mike Winkelmann, professionally known as Beeple, is bringing “immersive 3D NFTs” to the Solana blockchain. Stephen Hess, CEO of Solana NFT marketplace Metaplex Studios, announced the news on Sunday at Solana’s Breakpoint conference in Lisbon, Portugal…. Read More: NFT Superstar Beeple Announces Collaboration with Solana – Create Your Own NFT? Read more »Sign up…
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After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working with Solana in order to bring the…
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Solana price prediction remains bullish; however, the double top pattern is acting as a major resistance, keeping SOL’s uptrend limited under $38.20. Solana (SOL) responded favorably to a recent development involving its blockchain network and Google Cloud. In response, Solana’s trading volume blasted past $3 billion, and its price kept a strong uptrend. … Read More: Solana…
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Solana Breakpoint, a four-day conference scheduled from Nov. 4 to Nov. 7, attracted 13,000 people in just one of the four venues it’s being held simultaneously. During the ecosystem’s annual gathering at Breakpoint 2022 in Libson, Solana made a series of launch announcements as it prepares to go mainstream. Cointelegraph’s ground team — present during…
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