Top Cryptocurrency Trends & News: SOL Faces Major Unlock; Strategy Acquires 20,356 BTC

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Headlines

SOL Set for $2B Unlock on March 1; VC Profits Soar

Solana’s largest token unlock (1.12M SOL, worth $20B) occurs on March 1, potentially increasing sell pressure. Analysts note institutions like Galaxy Digital bought SOL at $64 during FTX auctions, securing massive unrealized gains.

Strategy Buys 20,356 Bitcoin

Strategy (formerly MicroStrategy) added 20,356 BTC at an average price of $97,514.

BTC Dips Below $91K

BTC briefly fell under $91,000 (-5.68% 24H) on OKX.

YZi Labs Invests in AI Startup Vana; CZ Joins as Advisor

YZi Labs’ January investment in Vana includes Binance’s CZ as an advisor. Details remain undisclosed.


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FAQ

Q: What’s the impact of SOL’s token unlock?
A: Increased circulation may heighten sell pressure, especially from low-cost institutional holders.

Q: How does Citadel’s entry affect crypto markets?
A: Enhanced liquidity and legitimacy, aligning with pro-crypto political trends.

Q: Why did Dubai approve USDC/EURC?
A: To facilitate regulated digital payments and asset management in DIFC.

Q: What’s Metis’ ReGenesis plan?
A: A roadmap to integrate AI into Web3, positioning Metis as an Ethereum L2 innovator.