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Although Solana (SOL) has dropped below the crucial $150 support level, the decentralized finance (DeFi) project is witnessing bullish sentiment in the short term. Indeed, the $150 position has been viewed as crucial to help the cryptocurrency attain a new all-time high. Notably, despite benefiting from the overall market trajectory, Solana remains among the standout cryptocurrencies of the recent rally, having gained interest amid the surge in blockchain projects, particularly meme coins launched on the platform. Additionally, the crypto has maintained a bullish sentiment despite network issues such as congestion, which have since been resolved. Picks for you $15 billion -revenue payment provider reintroduces cryptocurrencies 2 hours ago Solana trader turns $49,000 into $2 million in 5 hours 4 hours ago 2 cryptocurrencies to reach $100 billion market cap in May 4 hours ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 5 hours ago ...

Genesis Global Capital has petitioned the U.S. Bankruptcy Court for the Southern District of New York for permission to conduct a massive sale of its assets. The company, a subsidiary of the embattled Genesis Global Holdco, is targeting the liquidation of approximately $1.4 billion worth of Grayscale Bitcoin Trust (GBTC) shares. Genesis Global Capital filed a new motion with the U.S. Bankruptcy Court for the Southern District of New York seeking authorization to sell approximately $1.6 billion in trust assets, including Grayscale GBTC valued at approximately $1.4 billion and Grayscale Ethereum Fund… — Wu Blockchain (@WuBlockchain) February 4, 2024 According to a Feb. 2 court filing, Genesis and its debtor affiliates have declared that disposing of the shares is a critical step in maximizing estate value and efficiently managing its assets. The development comes as the overall cryptocurrency market undergoes severe fluctuations. The ability to swiftly convert these investm...

A wallet associated with Ethereum co-founder Vitalik Buterin has been flagged sending 400 ETH worth $600,000 to Coinbase. Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million. Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worth an estimated $632,000 from Vitalik’s wallet to Coinbase on Sept. 25. @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago. Notably, Ethereum’s co-founder has deposited a total of 2,421 $ETH to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days. More details: https://t.co/tiJwn0omkk… https://t.co/C3BqRmsUau pic.twitter.com/8v1jmadwaM — Spot On Chain (@spotonchain) September 25, 2023 According to Spot On Chain, Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past 10 days. The blockchain an...