2 hours ago
Galaxy Digital has executed a large-scale cryptocurrency swap, exchanging over $100 million worth of Ethereum (ETH) for Solana (SOL) tokens. Over the past two weeks, Galaxy Digital transferred approximately 65,600 ETH, valued at around $105 million, to Binance while withdrawing about 752,240 SOL tokens, worth approximately $98.37 million, from the exchange. In the last seven days alone, the firm has withdrawn $95 million worth of SOL from centralized exchanges. This move suggests a strategic shift from Ethereum to Solana, with market observers noting the bullish potential of Solana relative to Ethereum. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The Defiant
You can visit the page to read the article.
Source: The Defiant
Tags :
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin ETFs Experience Significant Inflow of $381.3 Million as Market Momentum Resurfaces
Bitcoin exchange-traded funds (ETFs) experienced a significant surge in inflows, reflecting the growing investor interest amid fluctuating market dynamics. The recent $381.3 million influx represents a turning point for Bitcoin The Defiant
Circle Launches Real-Time Payment Platform for Global Transfers
The post Circle Launches Real-Time Payment Platform for Global Transfers appeared first on Coinpedia Fintech News Circle has introduced a new payment platform aimed at simplifying cross-border transactions. The platform will connect financial institutions, banks, and digital wallets, allowing them to send and receive payments in real time. It supports regulated stablecoins like USDC and EURC, making international transfers faster, cheaper, and more secure. By bridging traditional finance with digital assets, Circle is taking a big step toward modernizing global payments and boosting the adoption of stablecoin-based solutions in everyday financial services. The Defiant
