Solana surged 11% to $88.89, leading crypto rebound after weekend liquidations. Market recovered $32B. Key resistance at $105, support at $76. SoFi enabled deposits, Tether Gold volume hit $78M.
A real cost comparison of three gold buying methods in Taiwan shows jewelry stores charge up to 8.4% round-trip spread, while on-chain gold token PAXG costs as little as 1.2% and trades 24/7.
Grayscale says Ethereum, Solana, BNB Chain, and Canton Network are best placed to benefit if the CLARITY Act brings clearer digital asset rules.
Hyperliquid climbed more than 20% over the past week, briefly nearing $42. Commodity-linked perpetuals, especially oil and silver, drove activity, while whale leveraged positions topped $3.6 billion across the platform.
Metaplanet, a Tokyo-listed company, said it plans to raise about $137 million through a third-party allotment, with proceeds aimed mainly at increasing its Bitcoin holdings.
Shiba Inu formed a short-term golden cross on the 2-hour chart, holding above support amid improving altcoin sentiment. Total crypto open interest rose $108 million in 24 hours, but SHIB needs to break the daily 50-MA near $0.00000489 for bullish confirmation.
Bloomberg ETF analyst Eric Balchunas said BlackRock’s spot Bitcoin ETF IBIT has outperformed gold ETF GLD by 33 percentage points since March, with $4.2 billion flowing into IBIT and $9 billion leaving GLD.
Ethereum traded near $1,980 on Feb. 16 after losing the $2,000 level. The article points to a bearish pennant, weaker futures demand, and continued spot ETF outflows as reasons $1,500 may come before $2,500.
