
Phoenix Exchange Adds SOL as Collateral for Perpetual Futures Trading
The Solana-based perpetuals exchange now allows traders to use SOL as margin for their positions, removing the need to convert the token to stablecoins before trading.
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The latest crypto coverage from the TrustFinance editorial desk.

The Solana-based perpetuals exchange now allows traders to use SOL as margin for their positions, removing the need to convert the token to stablecoins before trading.

Securities and Exchange Commission Chairman Paul Atkins has announced the agency will proceed with crypto-asset regulation under its current legal powers following the legislative failure of the CLARITY Act in the Senate.

The cryptocurrency exchange has lowered volume thresholds and reduced spot trading rates for users on its Coinbase Advanced platform, aiming to attract more active traders globally.

The price of XRP fell sharply after the CLARITY Act failed a key procedural vote in the U.S. Senate, erasing a 'regulatory premium' that had built up in anticipation of clearer rules for digital assets.

Institutional crypto platform BASIS.pro is expanding into real-world assets and AI-powered finance through new partnerships, while also launching an automated reward restaking feature for its users.

The price of Bitcoin fell after the U.S. Senate narrowly voted against a key cryptocurrency regulation bill. Broader market caution ahead of an anticipated Federal Reserve interest rate hike also contributed to the downturn.

XRP experienced its largest single-day percentage loss since February, dropping more than 10% as part of a widespread downturn that also saw declines in Bitcoin and Ethereum.

The self-custodial crypto wallet has integrated the Reality protocol, expanding its real-world asset offerings with access to hundreds of tokenized U.S. stocks and ETFs on the Arbitrum and Morph chains.

Cryptocurrency exchange BingX has announced a strategic shift to become a multi-asset trading platform, integrating traditional financial products like stocks, forex, and commodities with its existing crypto services.