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🔵 CoinMarketCap Daily Timestamps:

0:00 - Solana Mainnet Back Online After High-Profile Outage, But SOL Suffers.

The outage has derailed the dramatic bull run that SOL had embarked on.

The Solana mainnet is back online — almost 20 hours after suffering a high-profile outage. “Resource exhaustion” in the network was blamed for the disruption, which caused denial of service. Solana bills itself as the world’s fastest blockchain, but it struggled to cope with a surge in demand that peaked at 400,000 transactions per second.

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1:17 - Coinbase Now Plans to Raise $2 Billion in Debt Offering.

The exchange said the increase was linked to substantial market interest.

Coinbase has announced that it now intends to raise $2 billion through a debt offering — up from an initial sum of $1.5 billion. The exchange said the increase was linked to substantial market interest. According to the Economic Times, at least $7 billion of orders poured in for the junk bonds. Some $1 billion in senior notes due in 2028 are being sold, which will attract interest at a rate of 3.375% per year. And another $1 billion due in 2031 have been offered, with an interest rate of 3.625% per year.

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2:21 - Bitcoin 'Breaking Out' as Price Surges Above $47,000

'If this was a deviation, the coming months are going to be so much fun,' CoinMarketCap analyst Phoenix wrote.

Bitcoin has managed to break through $47,000 — a level regarded as a crucial level of resistance that stood in the way of further price gains. With the world’s biggest cryptocurrency trading at $47,545 as of 11am UTC on Wednesday, there is optimism that bullish momentum may be returning after last week’s market crash, which came on the day El Salvador adopted BTC as legal tender.

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🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.

Founded by Brandon Chez in May 2013, CoinMarketCap or CMC has quickly grown to become the most trusted source by users, institutions, and media for comparing thousands of crypto assets and is commonly cited by CNBC, Bloomberg, and other major news outlets.

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