Author: admin

a16z invested $50 million into Jito, a commitment that could signal huge upsides for the Solana network. The VC firm aims to upgrade infrastructure in the long term, optimizing MEV and guaranteeing efficiency.Still, this partnership isn’t interested in immediate price growth, and we might not see lasting SOL gains for some time. Investors should keep an eye on Solana community sentiment, which could be a key indicator for success.Sponsored Sponsoreda16z Invests in JitoEarlier today, Fortune reported that a16z, a prominent VC firm in the crypto space, invested $50 million into Jito, a massive Solana infrastructure project. This investment is the…

Daylight, a decentralized physical infrastructure network (DePIN) project focused on creating a distributed solar energy grid, has raised $75 million to expand its network of solar coverage in the United States. Daylight offers solar power as a subscription-based service to customers, removing the high upfront cost of purchasing and installing panels and batteries, which can cost consumers over $30,000. The project’s testnet went live in 2024.The network generates revenue through its subscription-based energy service and by feeding excess energy back to the power grid. Customers share in the revenues by earning “sun points” for contributing to the decentralized solar grid, with…

Stellar Lumens (XLM) experienced pronounced volatility during the 23-hour trading session ending Oct. 16, moving within a 5% range between $0.32 and $0.33. After early weakness, institutional buying helped the token rebound toward midday, with volumes signaling renewed corporate participation.The momentum faded late in the session, as XLM fell from $0.33 to just under $0.32 in the final hour of trading, erasing earlier gains. The decline marked a key break below established support levels, highlighting the market’s sensitivity to shifting liquidity conditions.Institutionally, Stellar’s ecosystem advanced as WisdomTree launched Europe’s first physically backed Stellar Lumens ETP, trading across Swiss SIX and…

Coinbase added BNB to its listing roadmap, commemorating a rare direct interaction between the two largest crypto exchanges. The exchange mentioned that this listing may have special caveats, possibly inhibiting regular trading operations. This is a developing situation, which could change radically depending on a few things. Coinbase to List BNBBNB has been on a bit of a roller coaster lately, hitting an all-time high and then backsliding as its blockchain becomes more prominent in the meme coin space. Sponsored SponsoredToday, however, an unexpected development could boost BNB even further, as Coinbase will list the asset soon.However, Coinbase added some…

The Dogecoin price has received a major boost following House of Doge’s announcement of its plans to list on the Nasdaq. The firm revealed that the deal is backed by $50 million, suggesting it could inject fresh liquidity into the Dogecoin ecosystem.  Dogecoin Sees Fresh $50M Liquidity As House of Doge Secures Nasdaq Listing In a press release, House of Doge announced that it has secured a Nasdaq listing through a merger with Brag House Holdings, a deal backed by over $50 million in investment capital, which is a positive for Dogecoin. Brag House will acquire House of Doge in…

In brief Coinbase added Binance’s BNB token to its listing roadmap on Wednesday. BNB is the fourth-largest digital asset by market capitalization. Coinbase delisted the Binance-branded BUSD stablecoin amid regulatory scrutiny in 2023. Coinbase added BNB to its listing roadmap on Wednesday, signaling support for the cryptocurrency issued by its biggest competitor, Binance.Offered to the public through an initial coin offering in 2017, the asset—which can be used for transaction fees on Binance’s platform—is currently the fourth-largest digital asset by market capitalization, worth $164 billion, according to crypto data provider CoinGecko.Although the asset will lack any utility within Coinbase’s ecosystem,…

According to statements made on CNBC, BlackRock’s spot Bitcoin ETF, IBIT, has topped $100 billion in assets under management less than two years after it launched. Related Reading That figure marks one of the fastest rises for any ETF in recent memory. It also puts the world’s largest asset manager squarely at the center of institutional Bitcoin holdings. BlackRock Now Holds A Large Share Of Bitcoin Supply Based on reports, BlackRock holds 804,944 BTC. At current, lower market levels, that stash is worth close to $90 billion. When Bitcoin hit an all-time high last week, the same holding was worth…

BNB trades near key resistance as analysts eye targets at $1,800, $2,500, and $4,500. Futures open interest nears $2.5B, showing demand. Binance Coin (BNB) is nearing a key technical level as market attention turns to whether the price can break out of a long-standing range. The asset is trading within a rising structure on the higher timeframes, and analysts are watching for any clear move above the current resistance. BNB Trades Near Major Resistance BNB is trading around $1,181 at press time, down slightly over the past 24 hours and nearly 10% lower on the week. Even with the…

Bitcoin is facing a pivotal moment after last Friday’s flash crash briefly sent prices tumbling to the $103,000 level, shaking market confidence before a swift recovery. The leading cryptocurrency has since stabilized, consolidating below the $115,000 mark as traders and institutions reassess short-term momentum. While volatility has returned, on-chain and institutional data continue to show underlying strength in Bitcoin’s fundamentals. Related Reading According to a new report from Bitwise, institutional demand remains robust — with 72 publicly known companies collectively holding more than 1 million BTC, valued at roughly $117 billion. This includes major corporate holders, ETFs, and investment funds…

Key takeaways: Bitcoin is down 4.3% in October despite historically strong monthly returns.The CME FedWatch tool shows a 96.7% probability of a 25% interest rate cut, fueling optimism.Inflows into the spot Bitcoin ETFs and equities correlation hint at a potential rebound.Bitcoin (BTC) may be down 4.3% in October so far, but optimism around the month’s historically bullish trend remains intact. Since 2019, Bitcoin’s average October gain has stood near 20%, with a median return of roughly 15%. While this year’s performance currently lags, market participants are looking to macroeconomic policy shifts for potential fuel.According to the CME FedWatch tool, the probability…