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Solana’s cheap fees are turning out to be a curse — for now
Solana’s cheap fees are turning out to be a curse — for now

Solana is popular due to its cheap fees, but it’s become a little too popular with a certain crowd

Blockworks·2024/04/09 18:34
Circle launches USD Coin on Ethereum zkSync
Circle launches USD Coin on Ethereum zkSync

Cointelegraph·2024/04/09 17:48
Bitcoin long-term holder begin to ease off profit-taking: Glassnode
Bitcoin long-term holder begin to ease off profit-taking: Glassnode

Long-term holder profit taking is tapering off after bitcoin reached its March all-time high above $73,000, according to a Glassnode report.However, the market is in a price discovery phase, where price corrections are historically commonplace, the report added.

The Block·2024/04/09 16:28
Bitcoin analysis eyes CPI as whales 'pressure' BTC price below $69K
Bitcoin analysis eyes CPI as whales 'pressure' BTC price below $69K

Bitcoin faces some familiar whale games into the U.S. economic reports as BTC price fails to find support above $70,000.

Cointelegraph·2024/04/09 14:58
Top Solana-based memecoins register price declines
Top Solana-based memecoins register price declines

The top ten memecoins native to the Solana network registered declines over the past 24 hours.Sol, the native cryptocurrency of the Solana network, has fallen by over 3% in the past day.

The Block·2024/04/09 14:43
Monad Labs raises $225 million in funding round led by Paradigm
Monad Labs raises $225 million in funding round led by Paradigm

Layer 1 blockchain developer Monad Labs has finalized a $225 million round led by Paradigm. Coinbase Ventures, Electric Capital and Greenoaks also participated in the round, among others.

The Block·2024/04/09 13:55
Flash
13:04
Major Bank Ratings | Goldman Sachs: Lowers BMW's target price to 84 euros, maintains "Buy" rating
Golden Ten Data June 18|On Tuesday, BMW significantly lowered its 2026 performance guidance, citing weak demand in the Chinese market and restructuring provisions for its European operations. BMW reduced its automotive business EBIT margin forecast by 300 basis points and cut its automotive business free cash flow forecast by 2 billion euros. Dragged down by this news, BMW's share price plunged over 8% in a single day, reaching its lowest level in nearly six years. However, the Goldman Sachs analyst team pointed out that despite the seemingly negative news, they believe the share price drop is an overreaction. Goldman Sachs lowered BMW's target price from 107 euros to 84 euros, but maintained a "buy" rating.
13:04
The Federal Reserve Board proposes requiring certain payment stablecoin issuers to establish customer identification programs
The Federal Reserve Board has proposed requiring certain payment stablecoin issuers to establish effective customer identification programs. The proposal mandates stablecoin issuers to implement customer identification requirements comparable to those imposed on banks and credit unions. This proposal was jointly issued by the Federal Reserve Board and four other agencies. The public may submit comments within 60 days after the proposal is published in the Federal Register.
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