Crypto News

Solana's native token, SOL SOL, is trading at $140.46, down 1.41% over the past 24 hours, after recovering from a sharp 4.9% decline that took the price from $142.91 to $135.96, according to CoinDesk Research's technical analysis model. The asset has since stabilized between $140 and $142, with support forming at $140.40.Solana’s ecosystem continues to grow, with recent announcements including support for wrapped Bitcoin (WBTC) on the network. Analysts remain divided on the outlook, with some pointing to a potential move toward $200, while others expect a retracement to the $123–$135 range.Technical Analysis HighlightsSOL declined 4.9% from $142.91 to $135.96, establishing a 7.08-point trading range.The asset recovered to form a consolidation pattern between $140 and $142.High-volume support appeared at $140.40...

While bitcoin experienced a choppy ride on Friday, Circle Internet Group’s stock, CRCL, leapt another 22% during the day’s session. In just the last fifteen days—or ten trading sessions on the New York Stock Exchange (NYSE)—CRCL has skyrocketed 674% in value. CRCL Rockets 674% in 10 Trading Sessions Kicking off at $31 per share onSource link

ARK Invest unloaded another round of shares of Circle (CRCL) across its ETFs just two weeks after the stablecoin issuer's high-profile IPO.The biggest cut came from the flagship ARK Innovation ETF (ARKK), which sold 490,549 shares, or about 1.8% of the portfolio. ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) also reduced exposure, selling 75,018 and 43,608 shares, respectively. Making the total sales worth about $146.3 million, based on the June 20 closing price of $240.28 per share. This marks the third and biggest wave of CRCL share selling since the IPO. Previously, it sold $50 million and $44.7 million worth of shares. The move follows a massive rally in Circle's stock, which debuted at $31...

Cardano’s ADA ADA token came under pressure Saturday, falling to $0.5818 and extending its weekly losses despite renewed focus on the network’s Leios upgrade. ADA declined 3.77% over the past 24 hours, with volume spiking 38.39% above the 7-day average, according to CoinDesk Research's technical analysis model. On Thirsday, Input Output Global (IOG), the research arm behind Cardano, reiterated its vision for the upcoming Leios upgrade via a thread on X. The team explained that Leios is designed to optimize transaction processing and resource utilization, especially during peak block activity. The design introduces new mechanisms like endorsements to maintain security and data availability while boosting overall throughput.Leios was first introduced in November 2022 as a new family variant of Cardano’s...

Rekt began life as free Ethereum NFT drop and now is a rising drink brand, with cans hitting 7-Eleven stores this week.Source link