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Solana's SOL cryptocurrency experiences an astounding 650% surge, sparking optimistic predictions of further growth, with analysts eyeing targets from $90 to an ambitious $1,000.

Coinbase's formal plea for specific crypto industry regulations has been officially declined by the SEC, prompting the exchange to contest the decision in court, citing an "abdication of duty."

FSOC's annual report underscores the urgent need for congressional action in regulating cryptocurrency. Highlighting risks and uncertainties, it calls for legislation to ensure stability in financial markets

US accounting standards are evolving, impacting how companies disclose cryptocurrency holdings. The FASB's new rules, effective December 2024, require fair value reporting, benefiting companies like MicroStrategy and enhancing transparency

Tether takes decisive action, freezing wallets utilizing Tornado Cash due to precautionary measures. 41 wallets linked to sanctioned individuals immobilized, reinforcing Tether's commitment to a secure stablecoin ecosystem

Cryptocurrency Market Update: Stable Funding Rates Below 0.1%, Recent Price Drop Shakes Out Overleveraged Bulls. Notable Decline in Top 25 Cryptos' Futures Open Interest (Velo Data)