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Solana’s price fell to a 14-month low after a 20% crash, but with the RSI in the oversold zone and investor support intact, the altcoin may be poised for a recovery.
Bitcoin has dropped below the $75,000 mark, signaling a bearish phase. However, futures data and positive funding rates suggest market optimism persists despite the dip.
Bitcoin has faced a steep decline below $80,000, wiping out $25 billion in gains. The altcoin's recovery depends on holding key support and overcoming bearish market sentiment.
Altcoins may see major volatility this week with over $328 million worth of tokens set to be released in the market.
Quick Take Teucrium Investment Advisors LLC is launching a leveraged XRP ETF on Tuesday, which is the first XRP-based ETF in the U.S. market. Multiple U.S. issuers have filed for spot XRP ETFs, which are still being reviewed by the SEC. One analyst said the likelihood of spot XRP ETFs being approved this year has grown, but demand for such funds remains uncertain.
- 14:28BTC Breaks Through $95,000Market data shows that BTC has broken through $95,000, currently trading at $95,000.01, with a 24-hour increase of 0.73%. The market is highly volatile, so please exercise risk management.
- 14:28Eigen Foundation Launches Community Incentive and Grant Program, Plans to Allocate 40 Million EIGEN Tokens by 2025According to official news, the Eigen Foundation has announced the launch of a community incentive and grant program aimed at supporting the long-term development of the EigenLayer ecosystem through EIGEN tokens. By 2025, they plan to allocate 40 million EIGEN tokens for two grant programs: Open Innovation Grants and Strategic Grants. It is reported that at the end of each quarter, the grant team of the foundation will compile a transparency report, which will be verified by the committee to ensure that all grants align with the annual plan and are deployed responsibly and diligently.
- 14:27Dubai Trump Tower to Accept Cryptocurrency PaymentsAccording to Watcher.Guru on platform X, Dubai Trump Tower will accept cryptocurrency payments.