IntoTheBlock wrote on X that long-term bitcoin holders showed confidence last week, increasing their holdings despite concerns about recent transactions involving Mt. Gox and German government addresses.
Solana (SOL) outperformed the rest of the major cryptocurrencies this week, gaining 9% over the past seven days, while Bitcoin and Ethereum fell more than 4% and 2% respectively over the same period. "This performance is supported by a number of specific endogenous catalysts in the Solana ecosystem, including major technology launches and VanEck's first US Solana Spot ETF filing," said Coinbase analysts David Duong and David Han. According to a weekly report released by Coinbase on Friday, a num...