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
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
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
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
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
Ripple CLO Speaks Out on Meme Coin Classification by SEC Stuart Alderoty Breaks Silence on SEC’s Categorization Ripple’s Chief Legal Officer, Stuart Alderoty, has recently made headlines by sharing his thoughts on the latest actions taken by the United States Securities and Exchange Commission (SEC) regarding meme coins. In a
The True Story Behind the Volatility of Bitcoin and Other Cryptocurrencies Understanding the Volatility Bitcoin and other prominent cryptocurrencies are often called “volatile investments.” This is true, but it also tells a very incomplete version of the story that is taking place. The volatility of cryptocurrencies stems from a variety
LTC Price Plummets: What Does This Mean for Investors? Market Volatility Strikes Again Litecoin (LTC) has taken a major hit in the past 24 hours, dropping by 7.4% as the market’s selling spree continues. This downward spiral comes on the heels of a similar trend that began after the close
Bitcoin: A Rollercoaster Ride of Price Volatility The Recent Downturn Bitcoin, the renowned cryptocurrency that has been making headlines for its unprecedented growth over the past year, is now experiencing a severe downturn. Just a few days ago, it was trading above $96,000, but today it slipped below $80,000 for
Summary of Morocco’s M2 Money Supply YoY Data On February 28, 2025, Morocco reported a year-on-year (YoY) M2 money supply growth of 7.9%, slightly down from the previous figure of 8.1%. Despite the modest decline of 2.469% in growth rate, the impact on the national and global economy is considered
The Bitcoin Market: Noise, Fear, and Potential Value The current state of the Bitcoin market The Bitcoin market has always been filled with noise and fear. With its volatile nature and unpredictable price fluctuations, it is no wonder that investors and traders alike are constantly on edge. However, despite the
Sharp Decline in U.S. GDP Growth Surprises Economists The Atlanta Fed GDPNow has released its latest data, indicating a significant economic contraction in the United States. The actual GDP growth rate stands at -1.5%, a substantial decline from the previous 2.3% and far below the forecast of 2.3%. This staggering
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