DeFi Dev Corp Acquires Additional 47.2k Solana: What Next for SOL Price?

The post DeFi Dev Corp Acquires Additional 47.2k Solana: What Next for SOL Price? appeared first on Coinpedia Fintech NewsDeFi Development Corp. (NASDAQ: DFDV), a company focused on building a Solana treasury strategy, has announced an additional acquisition of SOL. The U.S.-based company acquired an additional 47,272 SOL coins for about $7.03 million. As a result, DeFi Development Corp now holds a total of 690,420 SOL coins, currently worth around $102.7 million. The company …

Eigen Labs Sends Home 25% of Its Employees to Focus on a16z-backed EigenCloud

The post Eigen Labs Sends Home 25% of Its Employees to Focus on a16z-backed EigenCloud appeared first on Coinpedia Fintech NewsEigen Labs, the blockchain company behind the EigenLayer (EIGEN) protocol that pioneered the crypto restaking feature on the Ethereum (ETH) network, has sent home 29 employees, which represents 25 percent of its workforce. The company made the strategic move to reorient and shift its focus to the research and development of EigenCloud. According to Sreeram …

Are You Selling Your Bitcoin to Institutions? Top Reasons to Reconsider and Hold BTC

The post Are You Selling Your Bitcoin to Institutions? Top Reasons to Reconsider and Hold BTC appeared first on Coinpedia Fintech NewsOver the past year, there’s been a massive shift in Bitcoin’s ownership whereinthe institutional players are increasingly accumulating BTC. this trend has been accelerated soon after the approval of spot ETFs in January 2024. On the other hand, many retail investors, tempted by short-term profits or scared by volatility, are offloading their BTC holdings. But …

ReserveOne to Launch $1 Billion Bitcoin-Dominated Digital Asset Reserve

The post ReserveOne to Launch $1 Billion Bitcoin-Dominated Digital Asset Reserve appeared first on Coinpedia Fintech NewsReserveOne, a newly formed firm inspired by the proposed U.S. strategic Bitcoin Reserve, has announced plans to go public through a SPAC merger with M3-Brigade Acquisition V Corp. (NASDAQ: MBAVU). ReserveOne plans to hold a diversified crypto portfolio led by Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), among others. The newly formed company plans to …

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