Crypto News·
Coinbase now runs nearly 10% of all staked SOL with a newly upgraded, multi client validator architecture it says can update with “near zero downtime.” Coinbase has disclosed that it is now staking roughly 40.48 million SOL (SOL) on Solana,…
Read full articleEthereum is standing at a technical crossroads after slipping below a nearby support zone and revisiting a long-term trend structure that many analysts believe could decide the market’s next major move. While fear has rapidly spread across crypto trading circles following the recent pullback, one prominent market watcher argues that the current setup may actually […]
James Wynn allegedly rug pulled $WORLD memecoin on Solana, pocketing just 3.2 SOL ($260) before claiming his account was hacked. The token had a name that felt deliberate. $WORLD went live on Solana on May 27. Its full name: THE REAL WORLD. Contract address AmpR1bXuz5hVQZ7CTtBbrHW91MB6TDrJ5Np7rupApump on Pump.fun. Minutes after launch, the wallet that created it […] The post From $100M in Unrealised Gains to Rugging for $260 on Solana appeared first on Live Bitcoin News.
Coinbase's listing of DRV could boost its visibility and liquidity, potentially increasing user engagement and market interest in decentralized derivatives. The post Coinbase lists Derive token (DRV) for trading on platform appeared first on Crypto Briefing.
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Crypto ex‑Bitcoin (BTC) and Ether (ETH) ripped through a volatile 12‑hour window, with ETF outflows, Solana…
The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared on BitcoinEthereumNews.com. The post One Trader Moved a $1,000 Position From Solana Into Ozak AI, Targeting 40× Growth Instead of 2× Stability appeared first on Coinpedia Fintech News A recent trade highlights the growing interest in early-stage AI crypto projects as investors seek higher returns than traditional or well-established tokens can provide. One trader reportedly shifted a $1,000 position from Solana (SOL) into Ozak AI ($OZ), aiming for 40× growth rather than the relatively modest gains offered by larger, more stable cryptocurrencies. Why … Source: https://coinpedia.org/press-release/solana-into-ozak-ai-targeting-40x-growth-instead-of-2x-stability/
The post SoFi Introduces SoFiUSD – the First Bank-Issued Crypto Dollar appeared on BitcoinEthereumNews.com. Key Takeaways: SoFi announced the creation of SoFiUSD, the nation’s first stablecoin directly through a U.S. national bank within a banking app. The stablecoin operates on both the Ethereum and Solana networks and allows for a 1:1 dollar redemption, alongside 24/7 transfers. SoFi also wants to take the plunge into FDIC insured tokenized deposits, cross border payments and institutional trading. SoFi is one of the more significant steps in the banking vs crypto wall. The gigantic fintech firm has officially unveiled its stablecoin SoFiUSD, which comes paid in dollars and offers to bring web based payments into the mainstream banking system. It is an implementation that will enable virtually 15 million SoFi members to access a bank-issued digital dollar within their existing savings, investing, loan and payment app. SoFi Pushes Banking Deeper Into Crypto Issuer of SoFiUSD is SoFi
The post David Schwartz’s XRP staking idea tests IRS reward tax rules appeared on BitcoinEthereumNews.com. David Schwartz, Ripple’s former chief technology officer, has renewed debate over how staking rewards should be taxed if XRP Ledger ever adopted a native staking model. Summary David Schwartz says staking rewards minted by a protocol should not be taxed before sale. His comments revive tax questions around XRP staking even though XRPL lacks native staking. The IRS currently taxes proof-of-stake rewards when taxpayers gain dominion and control over them directly. His comments came during a discussion with crypto tax expert Clinton Donnelly about whether staking rewards should face tax before a holder sells them. David Schwartz separates minted rewards from transferred rewards David Schwartz said the tax treatment should depend on how a staking system creates and delivers rewards. In his view, rewards that already exist and are transferred to a user can be treated as taxable income
