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A massive amount of Solana (SOL) tokens worth nearly $1 billion, representing 13% of the circulating supply, is set to be unlocked on November 10. A large portion of Solana validators have halted staking of SOL (47 million SOL, valued at $845 million) in preparation for withdrawal within the next
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Despite positive expectations that the legal battle between Ripple and the SEC may end in Ripple's favor, XRP's price has shown little reaction and is facing downward pressure as whale movements involving over $190 million have been observed. Whale Alert has flagged several transactions on November
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Circle, the company behind the USDC stablecoin, is bringing Euro Coin (EUROC) to Solana and extending its cross-chain protocol to the blockchain. Euro Coin, or EUROC, is fully backed by euros rather than US dollars, offering reliability comparable to USDC. According to the launch announcement on June 16, EUROC adheres
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The crypto market has kicked off the week with high drama between Sam Bankman-Fried of FTX and CZ of Binance. While the outcome remains uncertain, FTT and Solana ecosystem tokens are experiencing significant declines. FTX Faces Withdrawal Pressure, FTT and Solana Tokens Suffer Following CZ's public acknowledgment that
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The US government has announced the seizure of a massive stash of Bitcoin connected to the Silk Road black market, which was dismantled a decade ago. US Seizes 50,000 Bitcoin Linked to Silk Road On the evening of November 7th, the US Department of Justice revealed that it had
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Neon Labs, the solution providing an EVM (Ethereum Virtual Machine) bridge on Solana, is set to launch its infrastructure by the end of this year. Neon Labs plans to complete the integration of the EVM infrastructure on Solana by December 12, 2022, according to CEO Marina Guryeva. The EVM is
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Let’s dive into 68 Trading’s analysis of potential trading opportunities in the crypto market for the upcoming week. Recap of Last Week’s Trades Hello everyone, Coin68 Trading had a successful week, accurately predicting Bitcoin’s early-week correction and capturing the Altcoin wave during the latter half of
Bitcoin (BTC) and the broader crypto market continue their recovery streak that began at the end of October, reaching a 7-week high. Price Movements of Leading Cryptocurrencies as of 09:20 AM on November 5, 2022. Source: Coin360 As of the morning of November 5, Bitcoin (BTC) has surged to
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A key supporter of Polkadot has asserted that the DOT token should not be classified as a security under U.S. law. In a Twitter post on the evening of November 4, the Web3 Foundation—the organization that initially funded the development of Polkadot—stated that DOT is no longer
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Ethereum's founder, Vitalik Buterin, has shared the latest updates on the roadmap for Ethereum following the successful Merge upgrade. Nearly two months after the Merge transitioned Ethereum to a Proof-of-Stake consensus mechanism, Vitalik Buterin has released new details regarding the development roadmap for the world’s second-largest cryptocurrency.
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In a continuation of Solana's strategy to bridge the gap between the digital and physical worlds, the blockchain platform has announced an exciting new collaboration. After opening physical stores and unveiling a custom smartphone, Solana is now partnering with renowned sneaker brand ASICS and the Move-to-Earn project STEPN
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Google Cloud’s latest move to integrate Solana’s blockchain data onto its BigQuery platform has sent SOL prices soaring overnight. Google Cloud Brings Solana Data to BigQuery On the evening of November 5th, Google Cloud teased a partnership with Solana, which immediately triggered a surge in SOL’s price.