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Bitwise Plants Its Flag In ETF Staking With Chorus One Buyout

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Crypto asset manager Bitwise just made one of its boldest moves yet. The company has acquired Chorus One , a staking infrastructure firm that manages more than $2.2 billion in assets across dozens of blockchain networks. The deal brings 50 Chorus One employees into Bitwise’s growing onchain division, where several billion dollars in crypto assets are already being staked by clients. Financial Terms Undisclosed Chorus One has been in the staking business since 2018. Over those years, it built a client base that includes family offices, large funds, exchanges, high-net-worth individuals, and custodians — the kind of institutional relationships that take years to earn. Its founder and CEO, Brian Crain, will stay on in an advisory role as the rest of the team folds into Bitwise Onchain Solutions. Reports say the financial terms of the deal were not made public. Bitwise did not disclose how much it paid. What is clear, though, is what the company gets out of it. The acquisition exte...

Solana Price Prediction: ETF Inflows Fuel SOL Push Toward $90 Barrier

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Solana (SOL) is attempting to stabilize after weeks of selling pressure, with price action now centered around a critical technical zone that could determine its next directional move. Related Reading: MoneyGram Joins Cardano’s Midnight As Federated Mainnet Validator After falling from recent highs near $86, the Solana price rebounded from support around $75–$76 and climbed back above $80, drawing renewed attention from traders and institutional investors watching for signs of a broader recovery. Recent market data shows Solana price in a consolidation phase, where improving derivatives positioning and fresh ETF inflows are beginning to offset weak sentiment caused by declining network activity and external market shocks. ETF Inflows Signal Institutional Re-Engagement A key catalyst behind the latest recovery has been renewed institutional demand. U.S. spot Solana ETFs recorded approximately $3.78 million in net inflows on February 24, reversing a stretch of outflows that had coi...

Why Is the Crypto Market Surging Today? Breakout Momentum Builds Ahead of U.S. Data

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The crypto market is showing renewed strength after several days of volatility, with prices rebounding as traders reposition ahead of key U.S. economic data. A mix of technical recovery, macroeconomic expectations, and market structure dynamics has helped digital assets regain momentum. After recent selling pressure drove prices toward critical support levels, buyers stepped back in, triggering a broad recovery led by Bitcoin and several high-performing altcoins. The move comes as investors increasingly focus on upcoming U.S. labor market data. Market Rebound Signals Bearish Exhaustion The total cryptocurrency market capitalization has added tens of billions of dollars over the past 24 hours, climbing back toward the $2.3 trillion region after earlier losses. Analysts point to signs of bearish exhaustion, with stabilizing price action suggesting that sellers may be losing control in the short term. Bitcoin reclaimed the $65,000 level and continues to trade within a multi-week cons...

Bitcoin Sees “Most Aggressive” Institutional Selling Ever, Analyst Says

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The founder of Capriole Investments has highlighted how Bitcoin is currently facing the most net selling pressure from institutions in history. Bitcoin Is Observing An Exit From Institutional Entities In a new post on X, Capriole Investments founder Charles Edwards has discussed the latest trend in the behavior of institutional entities on the Bitcoin network. To gauge institutional activity, Edwards has used the spot exchange-traded funds (ETFs) and treasury companies as a proxy. Spot ETFs are investment vehicles that trade in traditional markets and allow for indirect exposure to BTC. Similarly, treasury companies hold BTC on their balance sheet, making their stock price tied to the cryptocurrency’s movements. Traditional institutional entities are typically wary of blockchain infrastructure, so they tend to take one of the regulated, indirect routes into the asset. Now, here is the chart shared by the analyst that shows how the monthly rate-of-change (ROC) in the combined ETF...

XRP At Risk? Large Holders Stir The Market, Increasing Near-Term Turbulence

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The broader cryptocurrency market saw a sharp drop today, and the price of XRP took a big hit, falling to the $1.35 level. After a period of downside action, current on-chain activity is weakening, which is hinting at a continuation of the current bearish environment for the leading altcoin. A Spike In XRP Whale Transfers XRP’s price is facing heightened bearish pressure following a sharp market pullback on Monday, capping its upward attempts. In the meantime, the activity of large holders is once again drawing attention to the altcoin’s short-term price outlook.  According to a verified CryptoQuant author and analyst, Darkfost, these investors’ activity currently raises short-term risk for the altcoin as data shows a noticeable uptick in whale transactions and sizable wallet movements. Significant capital repositioning by major holders frequently precedes times of increased volatility, particularly in a market already dealing with brittle sentiment. Darkfost has mainly attri...

Solana Hit Hard: $27 Million Exploit Triggers Wave Of Shutdowns

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Operating within the Solana ecosystem, the platform had become a familiar tool for tracking DeFi activity before events took a sudden turn. Step Finance’s sudden shutdown is a sharp example of how a single security failure can end a project’s life faster than many thought possible. Reports say the team decided to stop all work after what it called an unrecoverable breach of treasury accounts. The move covers the main dashboard and several linked businesses, and token holders are left sorting out the fallout. Security Breach Shuts Down Services Based on reports, the treasury loss involved coins that had been unstaked and then moved off-platform. CertiK flagged that 261,854 SOL was taken during the incident, a sum worth roughly $27 million at the time. That kind of hit is not the same as a user-level contract exploit; this was a direct blow to the group’s cash and reserves. The team explored options, including outside funding and potential sales, but did not find a deal that would...

Solana Beggar Scores $442K From AI Agent Error – Details

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A man asking for just a few coins ended up hitting the jackpot. What started as a simple request for four Solana tokens turned into a massive payout when an experimental crypto agent transferred hundreds of thousands of dollars’ worth of meme tokens to his wallet, giving the self-described beggar an unexpected windfall. Lobstar Wilde, an AI agent run by an OpenAI staffer, appears to have emptied a meme-token wallet in a single public move that stunned parts of crypto Twitter and on-chain watchers. Reports say the agent sent roughly $441,780 worth of tokens to an X user who only asked for four Solana coins to pay for an uncle’s medical treatment. The transfer, and the agent’s later flippant replies, raised questions about how much power a script should have over real money. Agent Sent Money By Mistake To Solana Beggar According to on-chain records and social posts , the Lobstar Wilde account publicly showed the transfer and then posted mocking messages about the recipient’s ...