🚨 Your Daily Web3 Roundup: The Top News You Need to Know!

News

Michael Saylor’s MicroStrategy has made another Bitcoin purchase, bringing the software company’s total holdings to 531,644 BTC. The MSTR stock has also rebounded amid this announcement, surging alongside the Bitcoin price.

Cryptocurrency exchange Kraken has announced its expansion into traditional finance with the launch of commission-free stock and ETF trading in the United States. The new service is offered through the company’s FINRA-regulated Kraken Securities division. This will allow users to trade over 11,000 U.S.-listed stocks and ETFs directly within their existing Kraken accounts.

Markets

Solana price is eyeing a parabolic rally to $300 according to a top crypto trader. The trader observed that SOL had formed a bullish setup on the CME futures chart and was following Ethereum’s path in 2021 when the largest altcoin rallied to record highs. As the momentum shifts to bullish, let’s explore if SOL can attain this target.

Cardano price seems to be turning the corner after plunging to the multi-week low of $0.50. It has rallied by almost 30% from its monthly low, raising optimism that the bullish trend will continue. This article explores how and when to expect a $10k or $15k investment in ADA surge to grow to $1 million.