Solana (SOL) Price Eyes Breakout as Stablecoin Liquidity Surges to $10.2B

Solana consolidates near $250 with a potential breakout targeting $285-$315. Solana’s USDC supply surged by $250M, pushing liquidity to $10.2B. $243 acts as critical support, while $262.12 and $285 are immediate resistances. Neutral RSI with potential reversal supports a positive price trend. . Despite the short-term surge in selling pressure in the crypto market, Solana…

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Phemex Exchange Suspected of $37 Million Hack

Cybercriminals continue their assault on the crypto industry, with Phemex now in the crosshairs. The attack involved multiple blockchain networks, highlighting vulnerabilities across the entire ecosystem. Crypto hacks have surged 21% from last year, according to blockchain analysis firm Chainalysis with North Korean hacking groups responsible for $1.3 billion of the stolen funds. Cybercriminals have…

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Coinbase Taps Trump Campaign Manager, Ex-Senator for Advisory Board

Coinbase is reinforcing its political and regulatory strategy by bringing in a mix of seasoned leaders, including former US Senator Kyrsten Sinema, a strong advocate for crypto-friendly policies. Alongside her, Chris LaCivita, a key strategist from Trump’s 2024 campaign, Bill Dudley, has joined the council. Coinbase, the first publicly traded company exchange has made a…

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XRP vs Bitcoin: Crypto Leaders Debate over US Reserves

Prominent Bitcoin supporters accused Ripple of lobbying against the creation of a strategic Bitcoin reserve. They also alleged that the company is investing millions to ensure XRP’s inclusion in any government-backed digital asset stockpile. Pro-XRP lawyer Bill Morgan disputed claims about Ripple’s control of XRP. Just as signed the executive order for creating a digital…

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French Prosecutors Target Binance in Major Financial Crime Investigation

Binance faces mounting pressure in France following executive departures and compliance failures, leading to market withdrawal in 2024. The exchange confronts parallel legal challenges globally, with US prosecutors targeting anti-money laundering violations and sanctions breaches. Regulatory crackdown extends industry-wide as authorities worldwide demand stricter compliance, impacting major crypto platforms. In a surprising move, French investigators…

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Dogecoin Plunges 10%, Nears $0.30 Crossroads: Is Downfall Imminent?

Dogecoin faces a potential breakdown below the $0.30 psychological support amid a 10% daily decline. Momentum indicators show bearish pressure, though RSI divergence hints at a potential reversal rally. Whale activity surges, with 588 transactions over $1 million in 24 hours, boosting network activity. Historical data suggests an 84% average January return, but broader market…

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