External news feeds 6/2197

Is Solana Preparing For Rally To $180? SOL’s Social Sentiment Hits Historic Positive Levels

Solana (SOL) is attempting to reclaim a key support level amid the recent market recovery, with bullish sentiment seemingly returning to the Altcoin. Some analysts suggested that its momentum could propel the cryptocurrency to the next crucial…

South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities.The lawsuit was officially dismissed in a…

Crypto Market Cap Evolution Shows Diverging Trends Among Top Digital Asset

The crypto market continues to evolve as shifts in market capitalization among major digital assets reflect both investor sentiment and fundamental developments. A recent analysis from CryptoQuant provides a closer look at how top crypto have…

GameStop stocks hit restrictions on NYSE after short volume rockets 234%

The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze.GameStop (GME) short sales volume — the total number of shares…

EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility

The European Union’s insurance authority has proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of their crypto holdings as part of a measure to mitigate risks for policyholders.The new proposal…

France’s state bank earmarks $27M for crypto with ‘strong French footprint’

France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects.Bpifrance said in a March 27 press release that it would back newly formed projects…

Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details

Avalanche (AVAX) has been one of the standout performers in recent weeks, surging more than 53% since March 11 as bulls attempt to kickstart a broader recovery rally. The strong rebound follows a brutal correction in which AVAX lost over 72% of its…