Solana (SOL) Faces Major Price Decline The current state of Solana Solana (SOL) is currently at its lowest level since September 2024, as the entire crypto market is experiencing fear and intense selling pressure. In less than six weeks, Solana has seen its value drop by over 55%, completely wiping
The Rise of Pi Network: An Overview The Buzz Around Pi Network Pi Network has been a hot topic in the cryptocurrency community ever since its much-anticipated mainnet launch on February 20. While other digital currencies have been experiencing a market downturn, Pi has defied the odds by soaring 80%
The Crypto Market: A Dive into Polymarket Market Analysis The crypto market has been experiencing a bloodbath recently, with prices plummeting and investors panicking. However, amidst this chaos, Polymarket seems to be standing strong. According to on-chain data from CoinGecko, the global crypto market cap today stands at a staggering
The Ethereum Foundation (EF) made headlines recently with the announcement of the Silviculture Society, a 15-member advisory council formed in response to leadership controversy within the organization. This new council, comprised of a diverse group of Ethereum builders, is united by a singular mission: to safeguard the project’s core values.
BlackRock Includes Bitcoin in Portfolios What Does This Mean for the Crypto Market? BlackRock, the world’s largest asset manager, has made a significant move by including Bitcoin in its model portfolios. This decision signals a growing acceptance of cryptocurrencies by institutional investors, which could potentially stabilize and legitimize the volatile
Introduction TL;DR CME will launch Solana futures on March 17, with contracts of 25 and 500 SOL settled in cash. SOL’s price rose 6% following the announcement but remains far from its pre-February crash levels. Analysts warn that the crypto market’s recovery could take until April due to a lack
Bybit CEO Ben Zhou Calls Pi Network a Scam Clarification on Pi Coin Listing Bybit CEO Ben Zhou recently made headlines when he called Pi Network a scam and stated that Bybit will not be listing the Pi coin. This statement caused quite a stir in the cryptocurrency community, as
February 28, 2025, 18:00 – In a slight yet notable shift, the Baker Hughes Total Rig Count in the United States has ticked upward from 592 to 593, marking a change of 0.169%. This modest increase, while noted under the “Low Impact” category, has implications for both the U.S. and
U.S. Oil Production Continues Steady Growth as Rig Count Inches Upwards In the latest data released on February 28, 2025, the Baker Hughes Oil Rig Count in the United States recorded a modest rise to 489 from the previous count of 488, indicating a slight upward shift in oil production
The Future of Bitcoin: Bull Run or Correction? Bitcoin Price Volatility Bitcoin, the world’s leading cryptocurrency, has recently experienced a significant downturn, leaving investors and analysts alike wondering whether its ongoing bull run will continue or if a correction is on the horizon. After hitting a high of $109,350 in
BlackRock’s spot bitcoin ETF IBIT sees record outflows Market Correction Causes $418.1 Million Worth of Net Outflows Earlier this week, BlackRock’s spot bitcoin ETF IBIT experienced a significant downturn with a record $418.1 million worth of net outflows. This massive outflow of funds came as a result of an apparent
Ethereum’s upcoming Pectra upgrade faces unexpected challenge Testing on the Holesky testnet disrupted by incorrect deposit contract addresses On February 24, Ethereum’s highly anticipated Pectra upgrade encountered an unforeseen obstacle during testing on the Holesky testnet. The issue was described by Tim Beiko, Ethereum Foundation Protocol Support Lead, on February
The Impact of Institutional Investors on Long-Term Bitcoin Holders The Blessing and Curse of Institutional Investors The arrival of institutional investors has been a hot topic in the world of Bitcoin trading. For long-term Bitcoin holders, this development has brought both benefits and challenges. While the influx of institutional money
February 28, 2025 – Economic Overview In its latest report, Sri Lanka’s Balance of Trade has shown a significant improvement, with the trade deficit narrowing to -732.7 million USD in February 2025. This presents an upward shift from the previous figure of -822.7 million USD and beats the forecasted deficit
February 28, 2025 – Uruguay’s unemployment rate has risen to 8.1% as of late February, marking a significant increase from the previous month’s 7.4% and surpassing the forecasted rate of 7.5%. This development underscores a 9.459% increase in unemployment, prompting both local and global market players to reassess their economic
Overview of Russia’s M2 Money Supply As of February 28, 2025, the growth in Russia’s M2 money supply remained stable at 19.2% year-on-year, unchanged from the previous period and slightly surpassing the forecasted growth of 18.8%. This data release indicates a steady monetary environment, suggesting the central bank’s ongoing measures
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