The weak action happened despite SOL exchange-traded products booking their second strongest weekly inflow on record driven by the new ETFs, CoinShares said.
With the acquisition, Ripple aims to provide quickly-deployable wallets to boost fintech and corporate crypto payments, president Monica Long said in an interview.
The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.
Nasdaq reprimanded TON Strategy, a major holder of TON, for failing to obtain shareholder approval before issuing stock to finance a $272.7 million purchase.
The blockchain firm’s native token debuted Monday with strong activity on Binance and Korean exchanges, following a $18 million Series A raise in September.
The broker said the company's full-cap bitcoin strategy is maturing, as preferred equity drives accretion and a new S&P credit rating expands its investor base.
The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.