Category: crypto
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Solana inflows hit 6-month low as price fails to break $200
Solana’s spot inflows have dropped to a six-month low of $180 million after the launch of two SOL ETFs on the U.S market. The price of Solana has fallen to around $186, with technical indicators signaling a bearish trend. Exchange data shows increased outflows, indicating waning demand and liquidity.
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Bitwise CIO Matt Hougan compares Solana’s growth to Bitcoin
Bitwise’s CIO Matt Hougan is optimistic about Solana’s growth potential, comparing it to Bitcoin’s early trajectory. He believes that Solana has room to capture more market share in the stablecoin and tokenization sector. Hougan also noted growing institutional interest in Solana, predicting explosive growth similar to Bitcoin.
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Binance announces support for AI16Z token swap to ELIZAOS
Binance supports the rebranding of AI16Z to ELIZAOS, with a token swap starting on November 6, 2025. The swap will convert tokens at a 1:6 ratio, increasing ELIZAOS total supply to 11 billion tokens. This move aims to enhance interoperability for AI-powered applications across various blockchain networks.
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Why is Bitcoin price on track for first red October in seven years?
Bitcoin is on track to have its first negative October in seven years, with a 5.51% decrease in price. Experts attribute this decline to macro uncertainty and significant outflows from Bitcoin and Ethereum ETFs. This October break in the streak of gains may indicate a sign of structural maturity for Bitcoin.
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Valor token becomes 2nd-largest holding in Official Trump meme coin wallet
VALOR, a token on the American Launchpad, is now the second-largest holding in the Official Trump meme coin team wallet, valued at about $240,000. Smart Valor issued VALOR, running on Solana with 1 billion tokens, offering staking and fee reductions. The post sparked debate about Trump’s involvement in the token.
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$35M ASTER transfer allegation against Changpeng Zhao debunked by onchain analysis
Changpeng Zhao denied involvement in a $35 million ASTER token transfer based on manipulated screenshots. Blockchain analysis confirmed the images were fake, with transactions mimicking recent sales. This instance involved fabricated images, unlike previous accusations linked to TST memecoin. Zhao criticized those spreading false information and emphasized the transparency of the blockchain.
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XRP price consolidates under $2.70 amid ETF buzz, can it break out?
XRP price is currently consolidating below $2.70 as investors await clarity on a potential U.S.-listed spot ETF launch by Canary Capital. The resistance at $2.70 remains crucial, with the possibility of a breakthrough leading to new long-term support. The XRP price is currently at $2.50, down 2.1% on the day.
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HumidiFi DEX to launch WET token on Jupiter’s DTF platform
HumidiFi, a top trading platform on Solana, is launching its native WET token on Jupiter’s DTF ICO platform, marking a significant development for both platforms. HumidiFi handles up to 40% of Solana’s DEX volume and has processed over $34 billion in transactions recently. The WET token launch on DTF introduces a new token sale format…
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TRUMP token issuer in talks to buy U.S. arm of Republic
Fight Fight Fight LLC, linked to U.S. President Donald Trump, is in talks to acquire Republic’s U.S. operations. The deal would integrate the TRUMP token into crowdfunding and startup investing. This move follows Coinbase’s acquisition of Echo amid pro-crypto policy shifts. Republic’s investors include Galaxy Digital and Binance’s venture arm. Talks are ongoing, and if…
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Ethereum ETFs return to outflows as ETH struggles to hold $4,000
Ethereum ETFs experienced $81.44 million in net outflows on Oct 29, following two days of inflows. Fidelity’s FETH saw the largest outflow, while BlackRock’s ETHA had the only positive inflow. Technical indicators suggest weakening bullish momentum, with ETH needing to close above $4,000 to regain strength or risk dropping to $3,850 or $3,750.