SOL’s path of least resistance tilts toward $50 but onchain data hints at a bottom

SOL price looks bearish on multiple chart timeframes, leading analysts to put a short-term target on $50. Will the “extreme” state of SOL’s MVRV indicator prevent another price crash? Read More at https://cointelegraph.com/news/sol-s-path-of-least-resistance-tilts-toward-dollar50-but-onchain-data-hints-at-a-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

$209B exited altcoins over the last 13 months: Did traders rotate into Bitcoin?

Net selling from altcoins topped $209 billion, far outpacing the sell volumes seen during Bitcoin’s five-month sell-off. Will these traders reposition into Bitcoin? Read More at https://cointelegraph.com/news/dollar209b-exited-altcoins-over-the-last-13-months-did-traders-rotate-into-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

DerivaDEX launches Bermuda-licensed derivatives exchange under DAO governance

The decentralized exchange has begun offering crypto perpetual swaps after receiving a test license from Bermuda’s regulator, operating under DAO governance and formal oversight. Read More at https://cointelegraph.com/news/derivadex-launches-bermuda-licensed-derivatives-exchange-under-dao-governance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound