The crypto ecosystem in Venezuela is a product of ongoing economic collapse and international sanctions pressure, according to the TRM Labs team.
The guide was a good-faith primer on crypto custody basics and best practices, including different forms of wallet storage and common risks.
The first SOL ETF was launched in July, followed by Bitwise’s SOL ETF in October, which recorded $57 million in first-day trading volume.
Bitfinex said the recent 66% slide in spot trading volumes echoes lulls seen before next leg in the cycle.
Strategy remains in the Nasdaq 100 as MSCI considers excluding firms whose crypto holdings exceed 50% of total assets.
SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation.
The company is considering multiple paths to ensure liquidity for new investors eyeing a stake in the private stablecoin business.
Bitcoin briefly topped $94,000 following Strategy’s largest investment since July, but investor risk appetite remained muted even after the widely expected US interest rate cut.
Bitcoin and several major altcoins have turned down from their respective overhead resistance levels, indicating that the bears are still very active at the range highs.
Relaxing the current rules for traditional retirement funds and pension plans could attract trillions of dollars of capital flows into crypto.