Thursday, June 25

Business

SOL Negative Funding Rate Highlights Falling SOL Demand

Key takeaways:Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions.Rival networks like Base and Hyperliquid pose direct threats to Solana by aggressively capturing DEX market volume.Solana’s native token SOL (SOL) faced a 15% correction following a…

Tor Project Launches Web3 Campaign for Internet Freedom

A coalition of privacy and internet freedom advocates led by the Tor Project has announced a new crypto funding campaign to support censorship-resistant digital infrastructure.The first-of-its-kind Web3 crowdfunding campaign for internet freedom tools will support 10 nonprofit projects working across…

Bitcoin Miners Gain Strategic Role in AI Infrastructure

Bitcoin miners are emerging as an important part of the AI infrastructure supply chain because they control large amounts of power capacity and data center real estate that are increasingly difficult to secure, according to a new research note from…

Bitcoin Traders Target K As Key Support Zone: Here’s Why

Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone.Sell pressure has increased in the derivatives markets and the daily bid-ask ratio fell to -0.03, showing sellers…

PenCom, NLC move against pension non-remittance by employers

The National Pension Commission (PenCom) and Nigeria Labour Congress (NLC), Lagos State Council, have agreed to tackle the persistent non-remittance of pension contributions by employers in both the public and private sectors, warning that employers’ failure to meet obligations would…

XRP Risks 50% Dip to alt=

XRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.Key takeaways:XRP/USD’s bear pennant pattern on the three-day chart points to a possible 52.5% drop…

SWDC says operation license not for construction of new tracks

The South-West Development Commission (SWDC) has explained that the rail operating and track access license it attained covers operations on existing Nigerian tracks in the South West region, and not construction of new tracks in the region. SWDC clarified its…

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