Steve Muchoki

1 week ago | coinpedia.org | Steve Muchoki

The crypto market recorded more FOMO traders amid ongoing correction, signaling wider market optimism. More than $10 billion in crypto options will be recorded over the weekend, triggering further volatility. The cryptocurrency market recorded more than $841 million in total forced liquidations during the last 24 hours leading to Friday, May 30, during the late North American trading session.

1 week ago | coinpedia.org | Steve Muchoki

On-chain data shows AVAX price has established a robust support level above $22. The wider altcoin market continued to record bearish sentiment as Bitcoin price dropped to $105.5k. As the total crypto market dropped over 3 percent in the past 24 hours, following the Bitcoin (BTC) price drop below $106k on Thursday, Avalanche (AVAX) price followed in tandem.

1 week ago | coinpedia.org | Steve Muchoki

The case against Binance alleged that the exchange enabled trading of unregistered crypto securities. The dismissal of the lawsuit was signed by lawyers for both entities as shown by court filings. BNB price has been forming a bullish continuation pattern amid ongoing crypto correction. The United States Securities and Exchange Commission (SEC) voluntarily dismissed the lawsuit against Binance, Binance U.S., and cofounder Changpeng Zhao (CZ) on May 29, 2025.

1 week ago | coinpedia.org | Steve Muchoki

SOL Strategies has continued to accumulate more Solana coins through leveraging equity markets. Solana price has significantly benefited from the rising demand from institutional investors. SOL Strategies Inc. (CSE: HODL) announced an additional purchase of Solana (SOL) coins to strengthen its balance sheet. The Canadian company announced on Thursday that it acquired an additional 26,478 SOL coins for $4.7 million at an average price of about $177.

1 week ago | coinpedia.org | Steve Muchoki

The CAR memecoin has attracted significant speculation due to its backing by the Central African Republic. The presidential decree stated that land concessions in the set zone will be accessible only via CAR memecoin. CAR price has been teasing entering price discovery amid anticipated altseason. Faustin-Archange Touadéra, the President of the Central African Republic, signed a decree to tokenize more than 1,700 hectares of land in the county.