The cryptocurrency exchange M2, regulated as a Multilateral Trading Facility (MTF) and Custodian by the Financial Services Regulatory Authority (FSRA) hacked, resulting in a loss of $13 million from its hot wallets. The exchange, M2 operates on Ethereum, Bitcoin, and Solana. The hackers targeted M2’s hot wallets connected to the
The cryptocurrency market has witnessed a minor bear resistance in the past day, as digital asset prices have dunked. On the other hand, the crypto regulatory landscape has sprung to action as another month begins. A recent report released shows that the US SEC has charged the crypto sector with
Solana’s recent price action has captured market attention as it edges toward the significant $186 resistance level, a price point that has consistently triggered reversals since mid-May. The cryptocurrency’s journey toward the psychological $200 barrier faces mounting technical challenges despite sustained momentum. Solana Technical Indicators Paint Complex Picture The Chaikin
Solana’s latest market performance presents a complex picture of immediate retracement amidst broader bullish signals. The cryptocurrency recently touched $180, marking its highest point since January, before experiencing a correction to the $170 range. Despite this pullback, SOL maintains an impressive 14% monthly gain, aligning with Bitcoin’s upward momentum toward
Solana (SOL) network-based, Solayer Labs, a fast-growing restaking protocol with more than $281 million in total value locked (TVL), has announced the launch of its yield-bearing restaking stablecoin dubbed Solayer USD (sUSD). Backed by the United States short-term Treasury Bills (T-Bills), the sUSD intends to offer the crypto market a
Solana (SOL) has achieved a major milestone, touching the $180 mark for the first time since July, sparking widespread speculation about its potential to reach $200. While this surge demonstrates impressive momentum, technical indicators suggest the possibility of a consolidation phase before further advances. The Chaikin Money Flow (CMF) indicator
Solana (SOL) stands on the cusp of a significant technical development as its 50-day Simple Moving Average approaches a golden cross with the 200-day SMA. This imminent bullish signal could potentially catalyze a push beyond the $200 mark, a level unseen for several months. Technical analysis of the SOL/USD daily
An emerging AI-powered token is drawing interest with its potential to climb from $0.035 to $100. Could this digital asset overtake prominent coins like TRX and Solana in the expected altcoin boom of 2025? With artificial intelligence at its core, this cryptocurrency may be set to revolutionize the industry. The
The crypto market has faced a wave of selling pressure, with many major digital assets slipping into the red over the last 24 hours, leading to a 2% dip in the total market cap. This week has been marked by sharp price swings, as October’s rally began to lose steam
Solana’s recent market performance has sparked both optimism and caution among analysts, with a notable warning emerging about potential bearish signals. Despite a strong 13% weekly gain pushing the price to $174, technical analysis suggests the possibility of a significant market shift. TradingView analyst Ceciliones has identified Solana as a
