Browsing tag
“Choice means the right for a wallet developer to institute a block list,” Austin Federa, the Solana Foundation’s head of communications, said during the panel. “Almost every wallet in every ecosystem filters out spam NFTs and spam tokens. Users always have the ability to reveal something if they want to, but the core network needs […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a […]
Raising millions of dollars appears not to require a working product, a white paper, a long-term plan or even a meme picture in some parts of the crypto market. These days, a simple post on X announcing a so-called presale can attract millions of dollars in Solana’s SOL token. Source link
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace. Source link
“The weekend was filled with both fear and greed as BTC was driven down to $64,500 lows,” Singapore-based QCP Capital wrote in a note on Telegram. “BTC has since bounced back above $67,000, and we’ve seen heavy BTC put selling, which suggests that ‘fear’ has dissipated in BTC, and investors are happy to buy the […]
The firm is floating the Pantera Solana Fund to investors, stating it has an opportunity to buy up to $250 million of SOL tokens at a 39% discount below a 30-day average price of $59.95, Bloomberg said, citing documents sent to potential investors last month. Source link
The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses, thereby creating a liquidation cascade. A similar build-up in late December peaked at $1.37 billion – preceding a drop from $120 to $83, or […]
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours. Source link
Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview. Source link