Major US Bank SoFi now helps Solana community deposits. This means 13.7 million customers of the financial institution can ship SOL straight to their SoFi crypto accounts from exterior wallets. The US-chartered financial institution introduced the replace on X, stating customers should buy, promote and maintain SOL contained in the SoFi app. SoFi 🤝Solana. Simple….
January’s PPI (Producer Price Index) printed +2.9% year-over-year (YoY) towards a +2.6% forecast, with core PPI surging +3.6% versus +3.0% anticipated, sending US equities decrease and reviving stagflation speak throughout crypto and macro communities. The Producer Price Index measures wholesale-level inflation. This is what companies pay earlier than prices go via to customers, making it…
Mutuum Finance, a decentralized lending and borrowing cryptocurrency protocol at present working on the Sepolia testnet, has reported surpassing $150 million in testnet whole worth locked (TVL). The workforce additionally introduced ongoing growth exercise, together with a brand new function scheduled for launch subsequent week. Mutuum Finance (MUTM) The MUTM token is at present priced…
Over $8.72 billion in Bitcoin and Ethereum choices expire immediately, marking February’s largest derivatives occasion. The expiring choices place the crypto market at a important inflection level, with volatility elevated and sentiment fragile. February’s $8.72 Billion Expiry Crossroads: Will Bitcoin and Ethereum Face the Pain Trade? Bitcoin accounts for the lion’s share of the publicity,…
Twitter co-founder Jack Dorsey mentioned that his firm, Block, will cut back its workforce by almost half, slicing greater than 4,000 staff and shrinking the corporate from over 10,000 workers to simply underneath 6,000. The firm is reportedly shedding workers grow to be of AI instruments doubtlessly making them redundant. AI-Driven Layoffs Continue In a…
NVIDIA Stock simply delivered a record-breaking This fall with $68.1 billion in income, 73% year-over-year development, and earnings per share of $1.62 that crushed estimates. JPMorgan, amongst others, wasted no time elevating its value goal from $250 to $265. Yet on February 26, the inventory fell almost 7% from its session high of $197 to…
The MicroStrategy inventory value couldn’t proceed its upswing regardless of the corporate persevering with to purchase extra Bitcoin. Its newest $40 million buy, on February 23, got here simply because the inventory started sliding once more. But that wasn’t the whole story. While MSTR inventory dipped by over 9% on February 24, a 16% bounce…
Popular crypto investigator ZachXBT reveled his hyped insider buying and selling investigation, and it centered round Axiom, a decentralized buying and selling terminal that lets customers commerce crypto immediately from their very own pockets with out giving up custody. His mysterious viral post earlier this week sparked greater than $2 million in bets on Polymarket,…
By Federico Variola, CEO of Phemex On February 11, Coinbase launched Agentic Wallets, the primary pockets infrastructure constructed particularly for AI brokers. The similar week, Stripe launched machine funds utilizing USDC stablecoins. Visa, PayPal, and Mastercard all introduced or expanded agentic commerce initiatives. In the span of some days, the biggest funds firms on this…
Stablecoins are starting for use as a default strategy to transfer cash digitally, particularly for companies that want quick transfers, clear data, and predictable settlement. It’s exhibiting up within the numbers too. Circle’s USDC circulation has been climbing sharply, and current reporting factors to reserve-income development tied on to that increasing stablecoin footprint. Morph plans…