Key highlights: Kristin Smith says there is still time for the CLARITY Act to pass before the August recess. The Solana Institute President noted that concerned parties are working around the clock to clear any grey areas. However, criticisms against the bill have reached sky-high levels with TradFi leading the vanguard. Despite falling optimism for […]
Category: News
Key highlights: Plasma (XPL) climbed 13% over the past 24 hours, extending a bullish trend that began after a market structure shift on June 17. Open interest increased 10% to $153 million as traders reacted to the rollout of Plasma One and growing adoption of the network’s stablecoin ecosystem. Technical indicators point to $0.1233 as […]
Key highlights: The Bitcoin price reached a multi-year low of $58k. The BTC price triggered a massive $1 billion liquidation event. The current market correction is driven by the inflation report, tech stock plunge, and changing investor sentiment. The Bitcoin price has tumbled to almost two-year lows at $58k, triggering a severe sell-off in the […]