Author: driver789
Solana’s SOL (SOL) is down 72% from its all-time high of $295 and well below the $188 level seen during its spot exchange-traded funds (ETFs) launch in October 2025. Since early December 2025, spot SOL ETF inflows have slowed while the price retraced sharply over four months. At the same time, Solana’s onchain volumes and revenue metrics continue to rank higher against competitors, raising questions on whether SOL’s longer-term price prospects tilt toward a return to its all-time high. SOL ETF resilience aligns with network useSpot SOL ETFs launched in late October 2025, drawing over $100 million in average net inflows…
Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital assets into the bank’s traditional financial infrastructure.Nisha Surendran, who heads Citi’s digital asset custody product buildout, described the initiative in a speech at the World Strategy Forum on Thursday as an effort to “make bitcoin bankable.”That begins with institutional-grade key management and wallet infrastructure. But, Surendran said, the ambition is broader: to bring bitcoin into the same custody, reporting and control frameworks that clients already use for traditional assets.“We will be offering our clients a single service model across crypto, securities…
Blockchain infrastructure company Alchemy has launched a system that allows autonomous AI agents to buy compute credits and access its blockchain data services using onchain wallets and USDC on Base.According to the company’s announcement, the initial release allows AI agents to directly query blockchain networks, check nonfungible token (NFT) ownership, view wallet balances across multiple chains and access live token price data, with additional networks and services planned.If an agent exhausts its prepaid compute credits, Alchemy issues a payment request that can be automatically settled in USDC (USDC) on Base, allowing the agent to continue operating without human intervention.The company said…
Most crypto funds have been losing investors lately. XRP hasn’t gotten that memo. While Bitcoin and Ethereum exchange-traded funds have faced weeks of steady outflows, XRP-linked products have quietly been doing something different — attracting fresh money even on the market’s worst days. XRP Takes Half Of All New Altcoin ETF Money According to Canary Capital CEO Steven McClurg, XRP is capturing roughly 50% of all new capital flowing into altcoin ETFs. That’s a commanding share of a market that includes several competing assets. Solana comes in second, drawing around 30% of fresh inflows, while Hedera accounts for the remaining…
Ethereum price trades near $1,950 as the Binance buy/sell ratio hints at a potential shift in derivatives positioning. Summary Ethereum price sits near the lower end of its weekly range after a sharp monthly decline. Binance Taker Buy/Sell Ratio has climbed toward neutral after weeks of sell-side pressure. A move above $2,200 is needed to challenge the current downtrend structure. Ethereum (ETH) trades at $1,947 at press time, down 4% in the past 24 hours. Price is sitting near the bottom of its seven-day range of $1,815.54 to $2,099.16. Over the last month, ETH has fallen 35%, and it is…
U.S. Attorney Jeanine Ferris Pirro said federal authorities have frozen and seized more than $580 million in cryptocurrency tied to Southeast Asian scam networks, marking a major escalation in the government’s campaign against cross-border crypto fraud. The funds were restrained through the Justice Department’s Scam Center Strike Force, a task force formed in November to target cryptocurrency investment and confidence schemes linked to Chinese transnational criminal organizations. Officials said the groups use social media platforms and text messaging to target U.S. victims and siphon billions of dollars each year. Recent estimates place annual losses to Americans near $10 billion. “In…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum network dominance is turning out to be constructive rather than speculative as the blockchain expands beyond its Decentralized Finance (DeFi) stance. After dominating as a leader in on-chain finance, the network is now leading AI innovation. AI Innovation Accelerates On The Ethereum Network As the blockchain landscape expands, the Ethereum network is taking the spotlight in terms of Artificial Intelligence (AI) innovation. A recent report indicates that the blockchain is emerging as the primary hub for on-chain AI agents, suggesting an expansion beyond its roots in…
Key takeawaysThe EU’s new crypto tax rules do not introduce new taxes but expand tax transparency by ensuring that crypto transactions are reported and shared across member states.Reporting obligations fall primarily on crypto-asset service providers, requiring them to collect user identity information, tax residency details and transaction data in a standardized format.Information reported by platforms will be automatically exchanged among EU tax authorities, reducing cross-border reporting gaps for crypto users.The framework aligns with the Organisation for Economic Co-operation and Development’s global crypto reporting standard, increasing compatibility with non-EU jurisdictions.The European Union is set to significantly enhance its monitoring of cryptocurrency…
The Ethereum Foundation is taking a decisive step to strengthen decentralized finance (DeFi) on ETH and launching a new initiative. This move signals a renewed strategic focus on scaling DeFi adoption, improving protocol security, and fostering sustainable growth across lending, trading, and on-chain financial services. Why Boosting Developer Support And Ecosystem Funding In a key development, the Ethereum Foundation is launching a renewed and more ambitious protocol to strengthen DeFi within the ETH ecosystem. Ethereum Daily has revealed on X that the initiative is being framed as a Defipunk approach, which is centered on building financial infrastructure that is truly…
The U.K. Gambling Commission is exploring allowing crypto payments for licensed betting operators, as part of a broader push for regulations that help fight illegal markets and foster innovation.Executive Director Tim Miller said the regulator wants to examine a “potential path forward” for crypto payments in the U.K., at the Betting and Gaming Council’s Annual General Meeting. Miller cited growing consumer demand and evidence that crypto-related searches are driving some players to unlicensed sites.The gambling commission’s announcement comes after the U.K. government laid the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025 before Parliament in December. If approved, the…