Since the success of spot bitcoin ETFs, some investors are hoping Solana could be next. However, there is no regulated futures market in Solana and there is little investor demand. Here’s what investors really want from ETFs. Spot bitcoin and ethereum exchange-traded funds have been a resounding success — and fueled speculation about which cryptocurrency … Read more
Binance Research Says Blockchain Could Speed Up Payments Global payments are cheaper on the blockchain. Blockchain could revive the slow, expensive fiat banking system. According to Binance research, Blockchains provide a unified technological landscape that can efficiently streamline the global payments infrastructure and overcome the fragmented nature of the modern banking system. Report. When a … Read more
The Solana Protocol opens a new market for anti-trading for mining memecoins. The new platform enables short squeezes on Solana Memecoins. Crypto's memecoin market has lost $13 billion since July. Solana Protocol Dumpy.fun is launching a new feature that turns its initial purpose – shorting Solana memecoins – on its head. A new market called … Read more
Solana is now the dominant blockchain for PayPal's PYUSD stablecoin. The double-digit yields offered to PYUSD holders across Solana DeFi have fueled demand. PayPal's strategy of attracting DeFi users with incentives is paying off. Despite Ethereum's 10-month head start, Solana's version of the fintech giant's PYUSD stablecoin has outperformed its Ethereum counterpart. According to DefiLlama, … Read more
Bitcoin was not spared as global markets tumbled on Monday. Investors are spooked by several worrying developments. Outflows of DeFi tokens have increased. Crypto is not a market for the faint of heart, but even diehard investors whitewashed it on Monday as Bitcoin and other tokens gave back months worth of gains. Bitcoin has fallen … Read more