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Figure Markets, Pantera Snap Up Final Pieces of FTX’s Solana (SOL) Stash: Report
Figure Markets, Pantera Snap Up Final Pieces of FTX’s Solana (SOL) Stash: Report

Pantera Capital previously aimed to secure $250 million in March to buy FTX Solana tokens, winning a discounted batch the very next month.

Cryptopotato·2024/05/25 05:16
Lightspeed Newsletter: Solana investors have ETFs on the brain
Lightspeed Newsletter: Solana investors have ETFs on the brain

Also, a Solana memecoin creator was recently hospitalized with third-degree burns after pulling a stunt intended to pump his token

Blockworks·2024/05/25 01:58
Flash
02:32
CryptoQuant founder: Bitcoin's capital rotation into altcoins has basically disappeared, and the logic of "alt season" may have changed
According to Odaily, Ki Young Ju, founder of CryptoQuant, stated that the phenomenon of capital rotation from Bitcoin to altcoins, which once fueled altcoin rallies, has basically disappeared. He pointed out that since 2021, the trading volume of altcoins paired with BTC has shrunk significantly, and the structure of the market has changed considerably. Ki Young Ju believes the era of "Bitcoin rises driving broad gains in altcoins" may have come to an end. In the future, altcoins may rely more on their own fundamentals, application scenarios, and independent capital inflows to drive price increases.
02:28
Analyst: Gold Prices Next Week Will Be Highly Dependent on Data, Beware of a Sharp Decline Risk
```htmlGolden Ten Data reported on June 20 that market analysts expect gold to remain volatile next week, as investors await the release of the US Core Personal Consumption Expenditure (Core PCE) Price Index to seek clues on the Federal Reserve’s rate path. Stephen Innes, Managing Partner at SPI Asset Management, stated: "As the Federal Reserve currently appears more adaptive and increasingly sensitive to upcoming inflation data, every important economic data release will have an impact, but Core PCE will be the key event for the gold and rates markets. Next week will be highly data-dependent." Innes also said that if the inflation reading is stronger than expected, it could boost the US dollar, raise yields, and increase the risk of gold prices testing the $4,000 per ounce threshold. Gold investors should prepare for heightened volatility and beware of the possibility of further sell-offs.```
02:12
Jake Chervinsky: CME Group suing the CFTC is a major misjudgment
Hyperliquid Policy Center CEO Jake Chervinsky stated that the CME Group's lawsuit against the US Commodity Futures Trading Commission (CFTC) is a major misjudgment and an unnecessary mistake. He also quoted CFTC Chairman Mike Selig's view that vested interests are always afraid of the future, but the public should not fear vested interests.
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