
April 18th, 2025
WazirX already launched two bounty programs. One involves a $10,000 prize money in Tether for information that leads to freezing the stolen funds. The second is a “white hat recovery” bounty of 10% of the recovered fund.
As a result of the Terra blockchain exploit report and the blockchain suspension, the ASTRO token price collapsed by a staggering 60% from around $0.045 to as low as $0.01313 earlier today.
Jake Chervinsky, the CLO at Variant Fund, said that there is no reason to believe that SOL is not security.
The US SEC has toned down on crypto regulation thus giving the impression of an upcoming resolution with Ripple on XRP institutional sales.
Trump’s rival and independent presidential candidate Robert F. Kennedy Jr. has also gained popularity in the crypto sector. During the Bitcoin Conference event, he announced big plans for Bitcoin, including its integration into the US economy.
The SEC is changing its previous position, specifically regarding the classification of various digital tokens.
Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage.
In the pre-market on Monday, Coinbase and other Bitcoin mining firms saw their stock prices rally anywhere between 3.5-4.5%.
BlackRock urged its customers to refrain from conducting any transaction that they find fraudulent.
The potential approval of a Solana ETF by the SEC could further enhance its market position, although regulatory challenges remain.
Meanwhile, the 11 spot Bitcoin ETFs in the US have continued to see rising demand. Since their launch in January, these funds have accumulated a net inflow of $17.54 billion.
Apart from Clement, Coinbase has welcomed Christa Davies, the outgoing financial chief at Aon, and Chris Lehane, a former Democratic consultant-turned-businessman, to its board.
The launch of the spot Bitcoin ETFs in the United States has been a highly successful event with assets under management close to $55 billion within six months of launch.
The rising adoption of Web 3.0 projects and meme coins on the Solana ecosystem has helped bolster the SOL’s bullish outlook.
Industry experts believe that SOL is an appealing candidate for future ETFs due to its unique market position and technological advancements.