Franklin Templeton has filed for a Solana ETF, aiming to track SOL’s market performance while allowing share purchases with cash or crypto and staking holdings for rewards. Franklin Templeton Files for Solana ETF With SEC Franklin Templeton, through its affiliate Franklin Holdings LLC, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) […] Source CryptoX Portal
Top Stories of The Week Bybit exchange hacked, over $1.4 billion in ETH-related tokens drained Cryptocurrency exchange Bybit has been hacked for over $1.4 billion in liquid-staked Ether, Mantle Staked ETH and other ERC-20 tokens, according to pseudonymous onchain security analyst ZachXBT, who spotted the incident shortly after it occurred. Following the exploit, the onchain sleuth warned users to blacklist addresses associated with the hack. Bybit co-founder and CEO Ben Zhou confirmed the incident and provided an update on the security breach. Zhou confirmed that a transfer was made from…
A perennial inquiry among financial circles—from bitcoin enthusiasts to gold stalwarts—centers on the U.S. national debt’s vertiginous climb to $36.51 trillion by Feb. 22, 2025. Contrary to the specious assertions of certain commentators who simplistically blame tax reductions, the crux lies in three interlocking forces: expansive fiscal outlays, unrelenting shortfalls between revenue and expenditures, and […] Source CryptoX Portal
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Kanye West, legally known as Ye, plans to introduce a meme-inspired cryptocurrency named YZY — a move that comes even after he publicly condemned such tokens as manipulative and driven by empty buzz. Ye Follows CZ on X Causing Binance Listing and Doginal Link Whispers The polarizing music icon, Ye, whose Yeezy brand will reportedly […] Source CryptoX Portal
Este artículo también está disponible en español. A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000 or even $73,000 in the coming weeks. Related Reading Bitcoin Faces Critical Support Test At $93,000 Technical analysis shows that Bitcoin has been fluctuating between an upper resistance…
A vast majority of Latin American cryptocurrency users—95%—plan to expand their holdings in 2025, according to a Binance Research survey of more than 10,000 investors in Argentina, Brazil, Colombia, and Mexico. The findings show that 40.1% of respondents are expecting to buy more crypto within the next three months, 15.3% are looking to do so in the next six months, and 39.7% within 12 months. Only 4.9% have no plans to keep on investing this year. Latin America led the world in crypto adoption in 2024, growing by 116%, according…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Pi Network crashed after the mainnet launch, leading to a $6 billion wipeout in the first two days. Pi Network (PI) was trading at $0.76 on Saturday, down from the mainnet launch price of $2. Here are the four main reasons why the Pi coin price crashed. Pi coin price chart | Source: CMC Pi Network prices crashes amid scam accusations A key reason why the Pi coin price crashed is that Ben Zhou, Bybit’s chief executive officer, attacked it of being a scam. He cited a Chinese report that…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…