
Solana Foundation signs MOU with Dubai’s Virtual Assets Regulatory Authority :
Solana Foundation announced on Tuesday that it signed a MOU with Dubai’s VARA, reflecting growing collaboration in the MENA region.
This collaboration aims to foster crypto innovation through talent development programs, data sharing, workshops, advisory sessions and provide support for a Solana Economic Zone in Dubai.
Solana price posts mild gains following this news on Tuesday.
Solana (SOL) price posts mild gains, trading around $160 at the time of writing on Tuesday, as the SOL Foundation signs a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA). This collaboration reflects Solana’s growing ecosystem and confidence in the region, which supports a bullish long-term outlook.
Solana’s growing ecosystem
The Solana Foundation announced on Tuesday that it has signed a Memorandum of Understanding with Dubai’s VARA. This collaboration aims to foster crypto innovation through talent development programs, data sharing, workshops, advisory sessions and provide support for a Solana Economic Zone in Dubai.
“This partnership helps Solana founders plug directly into that momentum,” says Solana on its X post.
Earlier on Monday, a fertility services provider in Asia, NewGenIvf Group Limited, announced its plans to invest $30 million in Solana staking. The firm had invested $1 million in Bitcoin back in December 2024.
“The decision to scale our investment from our initial $1 million Bitcoin position to this substantial $30 million Solana commitment reflects our growing conviction in digital assets as a legitimate asset class,” says Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen.
Despite this announcement and collaboration, the Solana price posts mild gains in the short term, trading at around $160 on Tuesday. However, in the long term, this indicates a bullish outlook for the Solana price, as it suggests growing confidence in the SOL ecosystem and broader adoption.
Solana’s technical outlook shows weakness in momentum
Solana’s price broke and closed below an ascending trendline (drawn by connecting multiple lows since early April) on May 28 and declined by 9.30% over the next two days. However, it stabilized at around $157 during the weekend. At the time of writing on Tuesday, it trades slightly higher, approaching the 200-day Exponential Moving Average (EMA) at $163.22.
If the 200-day EMA at $163.22 holds as resistance, SOL could extend the decline to retest its May 6 low of $141.41.
The Relative Strength Index (RSI) on the daily chart reads 45, below its neutral level of 50, indicating slight bearish momentum. The Moving Average Convergence Divergence (MACD) shows a bearish crossover. It also shows a red histogram bar below its neutral level, indicating the continuation of a downward trend.
However, if SOL breaks and closes above the 200-day EMA at $163.22, it could extend the recovery to retest its next daily resistance at $184.13.
$SOL

LINK/USDT//@version=5
strategy("MAYFAIR FX SCALPER", overlay=true)
// Settings for VIP MFX Ultimate Scalper [Mohs Mayfair]
h = input.int(14, 'Lookback Window', tooltip='The number of bars used for the estimation. Recommended range: 3-50')
alpha = input.float(0.25, 'Relative Weighting', step=0.25, tooltip='Relative weighting of time frames. Recommended range: 0.25-25')
x_0 = input.int(12, "Start Regression at Bar", tooltip='Bar index on which to start regression. Recommended range: 5-25')
atr_length = input.int(7, 'ATR Length', minval=1, tooltip='The number of bars associated with the Average True Range (ATR).')
nearFactor = input.float(1.9, 'Near ATR Factor', minval=0.5, step=0.1, tooltip='Recommended range: 0.5-2.0')
farFactor = input.float(5, 'Far ATR Factor', minval=1.0, step=0.25, tooltip='Recommended range: 6.0-8.0')
confirmToggle = input.bool(true, title="Enable Confirmation")
confirmationValue = input.float(29, title="Confirmation Threshold", tooltip='Threshold value for confirmation')
// Libraries
import jdehorty/KernelFunctions/2 as kernels
// Helper Functions
getBounds(_atr, _nearFactor, _farFactor, _yhat) =>
_upper_far = _yhat + _farFactor * _atr
_upper_near = _yhat + _nearFactor * _atr
_lower_near = _yhat - _nearFactor * _atr
_lower_far = _yhat - _farFactor * _atr
_upper_avg = (_upper_far + _upper_near) / 2
_lower_avg = (_lower_far + _lower_near) / 2
[_upper_near, _upper_far, _upper_avg, _lower_near, _lower_far, _lower_avg]
kernel_atr(length, _high, _low, _close) =>
trueRange = na(_high[1]) ? _high - _low : math.max(math.max(_high - _low, math.abs(_high - _close[1])), math.abs(_low - _close[1]))
ta.rma(trueRange, length)
// Envelope Calculations
yhat_close = kernels.rationalQuadratic(close, h, alpha, x_0)
yhat_high = kernels.rationalQuadratic(high, h, alpha, x_0)
yhat_low = kernels.rationalQuadratic(low, h, alpha, x_0)
yhat = yhat_close
ktr = kernel_atr(atr_length, yhat_high, yhat_low, yhat_close)
[upper_near, upper_far, upper_avg, lower_near, lower_far, lower_avg] = getBounds(ktr, nearFactor, farFactor, yhat_close)
// Colors and Transparency Adjustments
red_far = input.color(color.new(color.red, 75), title='Upper Boundary Color: Far')
red_near = input.color(color.new(color.red, 90), title='Upper Boundary Color: Near')
yhat_green = input.color(color.new(color.green, 60), title='Bullish Estimator Color')
yhat_red = input.color(color.new(color.red, 60), title='Bearish Estimator Color')
green_near = input.color(color.new(color.green, 90), title='Lower Boundary Color: Near')
green_far = input.color(color.new(color.green, 75), title='Lower Boundary Color: Far')
// Plots for VIP MFX Ultimate Scalper
p_upper_far = plot(upper_far, color=red_far, title='Upper External Heat Zone', linewidth=1)
p_upper_avg = plot(upper_avg, color=red_near, title='', linewidth=1)
p_upper_near = plot(upper_near, color=red_near, title='Upper External Heat Zone', linewidth=1)
p_lower_near = plot(lower_near, color=green_near, title='Lower Internal Heat Zone', linewidth=1)
p_lower_avg = plot(lower_avg, color=green_near, title='', linewidth=1)
p_lower_far = plot(lower_far, color=green_far, title='Lower Internal Heat Zone', linewidth=1)
// Fills with Adjusted Transparency
fill(p_upper_far, p_upper_avg, color=red_far, title='Upper Boundary: Farmost Region')
fill(p_upper_near, p_upper_avg, color=red_near, title='Upper Boundary: Nearmost Region')
fill(p_lower_near, p_lower_avg, color=green_near, title='Lower Boundary: Nearmost Region')
fill(p_lower_far, p_lower_avg, color=green_far, title='Lower Boundary: Farmost Region')
// Buy and Sell Conditions for VIP MFX Ultimate Scalper
buyCondition = ta.crossover(close, lower_near)
sellCondition = ta.crossunder(close, upper_near)
// Confirmation Condition
confirmationCondition = confirmToggle ? (close > confirmationValue ? 1 : 0) : 1
// Filter false signals by ensuring signals are near the zones
validBuyCondition = buyCondition and (close < lower_near * 1.05)
validSellCondition = sellCondition and (close > upper_near * 0.95)
Bitcoin: The Digital Gold of the Future Economy
Introduction
Bitcoin (BTC), the world’s first decentralized digital currency, has transcended its origins as a cryptographic curiosity to become a global economic phenomenon. Since its creation in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin has sparked intense debate, revolutionized financial systems, and offered promising yet controversial alternatives to fiat currencies. As we step further into the digital age, the role of Bitcoin is poised to expand, bringing both opportunities and challenges to global finance.
1. The Rise of Bitcoin: A Brief Overview
Bitcoin was launched in the aftermath of the 2008 global financial crisis, with a vision to create a peer-to-peer, trustless monetary system free from government and central bank manipulation.
Key Milestone: In May 2010, Bitcoin was used for the first known real-world transaction when Laszlo Hanyecz paid 10,000 BTC for two pizzas.
Price Evolution: From $0 in 2009 to an all-time high of $68,789 in November 2021. As of May 2025, it trades around $67,000, showing resilience and renewed institutional confidence.
Visual Suggestion: A line graph showing Bitcoin's price from 2009 to 2025 with key milestones annotated.
2. Institutional Adoption: A New Era of Legitimacy
In recent years, institutional adoption has driven Bitcoin’s credibility.
BlackRock, the world's largest asset manager, launched a Bitcoin Spot ETF in January 2024, drawing billions of dollars in investment.
Tesla, MicroStrategy, and Block Inc. have Bitcoin on their balance sheets.
In a statement, Larry Fink, CEO of BlackRock, said: “Bitcoin has the potential to revolutionize finance by providing a transparent and secure store of value.”
Fact: Over $50 billion flowed into Bitcoin ETFs within the first 6 months of 2024.
(Source: Bloomberg Crypto, January 2025)
3. Bitcoin as a Hedge Against Inflation
In an era of devalued fiat currencies and monetary expansion, Bitcoin offers a limited-supply alternative.
Fixed Supply: Bitcoin’s total supply is capped at 21 million coins.
Comparison with Gold: Like gold, Bitcoin is mined and scarce, but it’s portable, divisible, and borderless.
Quote: "Bitcoin is a hedge against the irresponsibility of central banks." — Jack Dorsey, CEO of Block Inc.
4. Financial Inclusion and Borderless Transactions
Bitcoin offers potential solutions to financial exclusion:
1.4 billion adults globally remain unbanked (World Bank Global Findex Report 2021).
Bitcoin wallets and mobile access allow participation in global finance without traditional banking.
Use Case: In countries like Nigeria and Kenya, Bitcoin is widely used for remittances and online business.
Visual Suggestion: World map highlighting top regions using Bitcoin for remittances.
5. Lightning Network and Technological Advancements
Bitcoin’s scalability challenges are being addressed through Layer 2 technologies like the Lightning Network.
Lightning Network: Allows for instant, nearly free BTC transactions.
Capacity (as of May 2025): Over 6,000 BTC ($402 million) locked in Lightning.
Quote: "The Lightning Network is Bitcoin’s Visa moment." — Elizabeth Stark, Co-Founder of Lightning Labs
6. Regulatory Clarity and Global Recognition
Governments are increasingly offering legal frameworks for cryptocurrencies.
El Salvador made Bitcoin legal tender in 2021.
The UAE, Singapore, and Switzerland have created crypto-friendly regulations attracting startups and investors.
In the U.S., the Crypto Framework Act 2024 was passed to regulate digital assets with transparency and investor protection.
Visual Suggestion: Bar chart comparing Bitcoin regulation statuses (friendly, neutral, hostile) across top economies.
7. Bitcoin and the Environment: A Changing Narrative
Bitcoin mining has been criticized for its energy use, but the landscape is shifting:
Cambridge Bitcoin Electricity Consumption Index (CBECI) reports a 58% renewable energy share in Bitcoin mining in 2024.
Hydro-powered mining farms in Canada and geothermal mining in El Salvador are becoming the norm.
Fact: Bitcoin mining now uses more renewable energy (58%) than global tech data centers (43%).
(Source: Bitcoin Mining Council Q4 2024 Report)
8. Nation-State and Sovereign Bitcoin Adoption
The idea of nation-states adopting Bitcoin is gaining traction.
El Salvador issued Volcano Bonds in 2023 to fund Bitcoin-based infrastructure.
Argentina and Venezuela witness growing grassroots Bitcoin usage amid hyperinflation.
Quote: “We are buying one Bitcoin every day.” — Nayib Bukele, President of El Salvador, Dec 2023
9. Future Outlook: Challenges and Opportunities
Opportunities:
Integration with decentralized finance (DeFi)
Bitcoin as a central bank reserve asset
Expansion into tokenized real-world assets (RWA)
Challenges:
Volatility remains a deterrent for some
Regulatory unpredictability in key jurisdictions (e.g., China, India)
Cybersecurity and wallet recovery concerns
Visual Suggestion: SWOT Analysis chart for Bitcoin
Conclusion
Bitcoin stands at a historical crossroads. As technological innovation converges with financial disruption, Bitcoin offers a rare blend of decentralization, scarcity, and programmability. While not without its challenges, its evolution from a niche digital asset to a potential global store of value is undeniable. Whether Bitcoin becomes the backbone of a new financial order or remains a hedge against it will depend on innovation, regulation, and adoption in the years ahead.
References
World Bank Global Findex Database, 2021
Bitcoin Mining Council, Q4 Report 2024
Bloomberg Crypto, January 2025
Cambridge Bitcoin Electricity Consumption Index (CBECI)
CoinDesk, “BlackRock’s Spot Bitcoin ETF Hits $20B in Assets”, April 2025
CNBC Interview with Larry Fink, January 2024
Lightning Labs Blog, 2024
IMF Digital Currency Report 2023
FC Barcelona Fan Token Social Data
In the last 24 hours, the social media sentiment score for FC Barcelona Fan Token was 3, and the social media sentiment towards FC Barcelona Fan Token price trend was Bullish. The overall FC Barcelona Fan Token social media score was 0, which ranks 1087 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with FC Barcelona Fan Token being mentioned with a frequency ratio of 0%, ranking 855 among all cryptocurrencies.
In the last 24 hours, there were a total of 84 unique users discussing FC Barcelona Fan Token, with a total of FC Barcelona Fan Token mentions of 21. However, compared to the previous 24-hour period, the number of unique users decrease by 7%, and the total number of mentions has decrease by 40%.
On Twitter, there were a total of 1 tweets mentioning FC Barcelona Fan Token in the last 24 hours. Among them, 100% are bullish on FC Barcelona Fan Token, 0% are bearish on FC Barcelona Fan Token, and 0% are neutral on FC Barcelona Fan Token.
On Reddit, there were 0 posts mentioning FC Barcelona Fan Token in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
All social overview
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