Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming
Solana’s price rebounds to $145 amid rising institutional demand, with CME futures hitting 1.75M contracts. Analysts predict long-term growth, potentially reaching $1,000 due to strong fundamentals.
Ethena Lab’s USDe Saga Ends: BaFin Forces 42-Day Redemption Plan After Regulatory Standoff
Ethena Labs agrees with BaFin on a 42-day redemption plan for USDe stablecoin holders in the EU, ending August 6. Post-deadline, claims shift to Ethena (BVI) Ltd in the British Virgin Islands.
Ethereum ‘death cross’ flashes for the first time since 2022 ETH price crash
Ethereum shows a bearish ‘death cross’ on its two-week chart, similar to a 2022 pattern that led to a 40% price crash, signaling potential downside risks.
zkLend Shuts Down: $200K Recovery Fund for Users
zkLend, a Starknet-based lending protocol, shuts down after a $9.5M exploit and ZEND token delistings. The team allocates $200K from its treasury to support affected users via a recovery fund.
Bitcoin’s ‘bull pennant’ targets $165K as BTC exchange flows hit 10-year lows
Bitcoin’s bull pennant pattern suggests a potential 54% rise to $165K, with exchange flows at 10-year lows indicating strong long-term holding sentiment among investors.
Binance Adds Newton Protocol (NEWT) After Airdrop Reveal
Binance adds Newton Protocol (NEWT) to Earn, Futures, and Margin trading following a $90M funding boost. A 10% airdrop of NEWT tokens is set for June 24, with significant community interest.
Mastercard & Chainlink Join Forces, 3B+ Can Spend Crypto Directly
Mastercard partners with Chainlink to enable 3B+ cardholders to buy crypto directly on-chain via DEXs, eliminating intermediaries and simplifying fiat-to-crypto conversions.
US home mortgage regulator considers Bitcoin amid housing crisis
The US Federal Housing Finance Agency is exploring how cryptocurrency holdings could help mortgage applicants qualify for loans amid declining mortgage applications and a housing crisis.
Private Permissioned XRPL Infrastructure Records Tokenized Asset Settlement for Euros News ETHNews
ECB trialed XRP Ledger in a private network for tokenized bond settlement. Axiology’s system used XRP code for bond operations without public validators. XRP price shows modest recovery at $2.20.
Bitcoin vs. sovereign bonds: Why are some investors making the shift?
Investors are shifting from sovereign bonds to Bitcoin due to inflation concerns, Fed policies, and Bitcoin’s strong performance as a hedge against economic instability.
