Base launches Solana bridge to expand cross-chain liquidity powered by Chainlink

Bitcoin, Ethereum, and Solana are showing signs of a potential high-time-frame reversal, stabilizing at key structural support levels after weeks of price compression. All three cryptocurrencies printed a bullish engulfing candle, indicating renewed buyer interest. This development suggests a significant shift in market dynamics for these leading assets.

The Commodity Futures Trading Commission (CFTC) has approved spot cryptocurrency trading on regulated U.S. exchanges, a significant move that includes major platforms like CME, Cboe, ICE, and Coinbase in discussions to launch these products. This decision marks a pivotal moment in the U.S. cryptocurrency landscape, enhancing the regulatory framework for digital assets.

Coinbase and Chainlink have launched a Base-Solana bridge, utilizing Chainlink's Cross-Chain Interoperability Protocol, enabling users to trade and interact with Solana-based tokens on Base-based decentralized applications (dapps).

A 2012 video featuring Brian Armstrong pitching Coinbase has resurfaced, showcasing his early vision that contributed to the platform becoming America's largest Bitcoin exchange. The video highlights Armstrong's foresight in the cryptocurrency space, which has evolved significantly over the past decade.

Ether exchange-traded funds (ETFs) have led the market with a significant inflow of $140 million, while Bitcoin and Solana have experienced declines in value. This shift indicates a growing investor interest in Ether amidst a fluctuating cryptocurrency landscape.

The Binance leverage ratio has reached a 30-day low, indicating a decline in speculative trading activity and suggesting increased market stability and lower liquidation risks for investors. This shift reflects a broader trend in the cryptocurrency market as traders adjust their strategies in response to recent volatility.

Huaxia Bank has issued blockchain bonds worth 637 million yuan, which are settled in digital yuan, marking a significant step in China's financial integration of blockchain technology and digital currency.

BitGo has entered into a partnership with Goobit to enhance Bitcoin infrastructure in the Nordic region by integrating custody and trading solutions into BTCX, which is part of Goobit's long-term Bitcoin strategy. This collaboration aims to strengthen the operational framework for Bitcoin transactions and custody in the area.