Cronos

News 2025 July 8, 18:01 (61 days ago )

6h Crypto Highlights: Solana, Bitcoin ETFs, Tether Investments, Market Trends

In a significant move, #DeFi Development Corp has added 47,272 #Solana, bringing its total holdings to $103 million. This acquisition underscores the growing interest in the Solana ecosystem as it continues to attract large investments.

Meanwhile, #Tether has made a strategic investment in blockchain analytics firm Crystal Intelligence. This move is aimed at tackling issues related to the misuse of stablecoins, reflecting the increasing scrutiny on digital currencies.

The overall trading volume in the cryptocurrency market has seen a slump, with #Bitcoin ETFs now driving over 30% of the spot #BTC volume. This shift highlights the growing influence of institutional investors on the market.