Crypto News
Solana Holds Above $157 as Bulls Regain Control After Sharp 6% Reversal
Solana (SOL) saw a sharp pullback after touching a high of $163.65, shedding nearly 6% before recovering to trade above $157 by Tuesday morning. The price action reflects heightened market volatility as bulls and bears vie for control near key psychological levels.Despite the correction, institutional interest in SOL appears undeterred. Canary Capital’s recent filing for a spot Solana ETF and the launch of WalletConnect’s token on the network underscore the growing adoption of the ecosystem. On-chain data also supports this narrative, with rising daily active addresses and a 26% increase in transaction volumes.Analysts remain cautiously optimistic, with some pointing to $165 as the next resistance level to watch. Long-term projections remain bullish, bolstered by Solana’s expanding developer base and ecosystem...
BitMEX Concludes Alts & Meme Trading Arena with 50,000 USDT Prize Pool
BitMEX has concluded its Alts & Meme Trading Arena, with the 50,000 USDT prize pool fully claimed. The event saw significant user participation. (Read More)Source link
BitMEX Plans System Downtime for Maintenance on June 14, 2025
BitMEX will undergo scheduled maintenance on June 14, 2025, from 02:00 to 07:00 UTC, affecting all trading services. The platform will resume in cancel-only mode. (Read More)Source link
Ctrl Alt Secures VARA License to Operate as Virtual Assets Service Provider in Dubai
Ctrl Alt, a tokenization infrastructure platform, has officially received its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP), becoming the first VASP authorized to conduct issuer-related services. This license enables Ctrl Alt to offer Broker-Dealer and Issuer services, allowing the company to create, manage, and distributeSource link
CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital
CoreWeave’s (CRWV) stock surged 25% on Tuesday and climbing another 5% pre-market, bringing its year-to-date gains to a staggering 276%, following news of a $7 billion infrastructure deal with Applied Digital. The AI cloud-computing startup signed two 15-year lease agreements with Applied Digital for 250MW of IT load at the Ellendale, North Dakota data center campus.The first 100MW will go live in Q4 2025, followed by a 150MW facility in mid-2026. CoreWeave also holds options for up to 300MW of additional capacity. Applied Digital’s Ellendale campus is designed to host 400MW of critical IT load and over 1GW of power capacity is under review. CEO Wes Cummins hailed the agreement as a major step in cementing Applied Digital’s role in...