The Latest Breaking News from Solana

Bitcoin at $73K and Solana Under $90: What the Charts Say About Crypto's Correction

The crypto market is deep in a correction, and the sentiment data reflects it. Fear gauges have plunged toward levels historically associated with capitulation selling.

International Business Times · May 28

Bitcoin trades at $73K amid US-Iran tensions; ETF outflows top $2.5 billion in 2 weeks

Bitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liquidations impacted investor sentiment. Over $700 million in crypto was liquidated in a single day, with Bitcoin falling near $73,000. US spot Bitcoin ETFs also saw considerable outflows, totaling over $2.5 billion in two weeks.

The Economic Times · May 28

Bitcoin hovers near $75,400 as recovery momentum weakens below key resistance

Bitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Ethereum and major altcoins also experienced declines. Market sentiment has shifted to extreme fear. Experts suggest Bitcoin needs to reclaim higher levels for a stronger recovery. Global crypto market capitalization has edged down. Geopolitical concerns and…

The Economic Times · May 27

Bitcoin rebounds toward $78,000 on strong Nvidia earnings, steady accumulation

Bitcoin surged nearly 1.5% to around $77,934, buoyed by strong Nvidia earnings and steady buyer accumulation, despite ongoing ETF outflows. Ethereum also saw gains, with major altcoins like BNB and Solana rallying significantly. Experts suggest this rebound indicates resilience and selective strength in the crypto market, with institutional interest remaining…

The Economic Times · May 21

Bitcoin consolidates near $77,000 while US credit downgrade and $648 million ETF outflows weigh on sentiment

Bitcoin hovered around $77,000 amid global economic jitters and significant ETF outflows, totaling $648 million. This pullback, influenced by a US credit rating downgrade and geopolitical tensions, has seen major cryptocurrencies like Ethereum and altcoins experience declines. Markets now await the FOMC minutes for a potential catalyst.

The Economic Times · May 20

Bitcoin trades near $76K as worsening macro conditions and $982 million fund redemptions from last week pressure sentiment

Bitcoin hovered near $76,000 amid worsening global macro conditions and significant fund redemptions, which totaled $982 million last week. Despite a six-week inflow streak ending, crypto market capitalization saw a slight increase, with institutions expected to boost crypto holdings.

The Economic Times · May 19

Bitcoin falls to two-week low of $76.7K as crypto market selloff triggers $661 million liquidations

Bitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearly $661 million in liquidations. Major cryptocurrencies like Ethereum and altcoins saw declines, with analysts citing Bitcoin's rejection near $82,000 and slowing ETF inflows as key factors.

The Economic Times · May 18

Bitcoin slips towards $79K as higher Treasury yields and oil prices pressure trigger risk-off sentiment

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin's pullback is macro-driven, with key resistance at $82,000-$82,500.

The Economic Times · May 16

DeFi Development Pitches ‘Speedboat’ Solana Strategy as Treasury Holdings Surge

DeFi Development (NASDAQ:DFDV) Chief Strategy Officer Dan Kang said the company is positioning itself as an amplified way for investors to gain exposure to Solana, arguing that digital asset treasury companies can outperform the crypto assets they hold when they grow token holdings per share over ti

MarketBeat · May 16

Solana Q1 Earnings Call Highlights

Solana (NASDAQ:HSDT) reported sharply higher first-quarter revenue tied to its digital asset treasury strategy, while a steep decline in the price of SOL drove large non-cash losses and a wider net loss for the period. Chairman, President and Chief Executive Officer Joseph Chee said the company mad

MarketBeat · May 15