🌅 Altseason Heats Up, Coinbase Soars, and Solana Wallets Surge While Bitcoin Waits Its Turn
⚡ CryptoTrendz - 📌 Hottest Topics in the Last Few Hours!:
Solana surges with 11M wallets holding SOL, while altcoins roar and USDT dominance dips.altseason may be here. Coinbase jumps 20% ahead of S&P 500 entry. Jack Dorsey fuels global Bitcoin education. Bitcoin nears highs, but overheating fears rise. ✨Take a closer look:
🔖 Solana & Altcoins:
🔹Solana network activity is booming, with 11 million wallets now holding at least 0.1 SOL (source).
🔹DeFi and network trends point to further SOL price rallies (source).
🔹Altcoins are on fire, with roaring returns and shrinking USDT dominance-classic signs that ‘altseason’ is kicking in (source).
🔹Solana meme coins are back, as traders flip $332 into $190K on Gooncoin (source).
🔖 Major Companies & Investments:
🔹Coinbase stock exploded 20% as it prepares to join the S&P 500, boosting its public profile (source).
🔹Robinhood snapped up WonderFi, a Kevin O’Leary-backed crypto firm, for $179 million (source).
🔹Galaxy Digital reported a $295 million Q1 loss ahead of its Nasdaq US listing (source).
🔹Coinbase also invested in a Canadian stablecoin issuer, expanding its reach (source).
🔖 Market Sentiment & Economics:
🔹Bitcoin is one rally away from new highs, but euphoria is causing some to warn of an overheated market (source).
🔹Tom Lee says economists predicting an imminent recession are ‘dead wrong,’ bringing optimism to investors (source).
🔹The US dollar could fall hard against the yuan during ongoing trade negotiations, according to Goldman Sachs (source).
🔹Still, PIMCO claims the US remains a safe haven thanks to its ultra-liquid Treasury market (source).
🔖 Regulation & Education:
🔹The fate of the US stablecoin bill is in question, with debates on its next steps and whether the Senate bill is already dead (source).
🔹Another story explores what’s really happening with Senate stablecoin legislation (source).
🔹Jack Dorsey granted $1 million to My First Bitcoin, aiming to expand global Bitcoin education (source).
🔹Plutus launched PLUS on Base, ushering in tokenized loyalty rewards (source).
🔖 XRP & Tether News:
🔹Two major Fibonacci levels could see XRP hit $8.40 and $27 if momentum holds (source).
🔹XRP open interest surged 41%, with over $1 billion added in just one week, fueling speculation (source).
🔹Tether bought $459 million in Bitcoin to fund a new BTC treasury company (source).
🔖 Other Highlights:
🔹Avalanche saw a 21% surge, hitting record-breaking address activity (source).
🔹The Under Exposed Episode 25 dropped, offering fresh perspectives on the crypto space (source).