After a massive price crash, the overall cryptocurrency market has experienced a significant upside move in the last 24 hours. Amid this, Solana (SOL) the world’s fifth-biggest cryptocurrency has gained massive attention from crypto enthusiasts following its substantial price surge. Breakout in Solana (SOL) During the price crash, SOL reached the lowest level of $109.66....Read More
In this market downturn, traders and investors have liquidated over $1.08 billion worth of long and short positions in the last 24 hours. This massive liquidation has created fear across the cryptocurrency landscape. Whales/investors transfer 2.38M SOL to CEXs Amid this fear, investors and whales have transferred a significant 2.38 million Solana (SOL) worth $307...Read More
The world’s largest cryptocurrency exchange, Binance, has hinted at something big by adding Hamster Kombat ($HMSTR) to its platform. This news has thrilled the crypto community, sparking curiosity and enthusiasm among traders and investors. The Hamster Kombat community has been eagerly waiting for the airdrop and exchange listing. Listing on Binance After its recent listing...Read More
Jan van Eck, the CEO of VanEck, recently made some bold predictions about Bitcoin. He thinks Bitcoin might hit $350,000 in a near future. What makes him think that? Van Eck says Bitcoin could reach half of gold’s total market value. He also thinks Bitcoin’s future could be even brighter, with a potential price of...Read More
In this bearish market sentiment, short sellers are highly active and are creating more short positions compared to long buyers. This is the third consecutive day of this week where the overall market continues to experience downside momentum. Amid this selling pressure, short sellers believe that Ripple’s native token XRP won’t reach the $0.619 level,...Read More
The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade...Read More
Solana (SOL) the world’s fifth-biggest cryptocurrency has outperformed Ethereum (ETH) in terms of price surge and trading volume over the last 30 days. Today, on August 1, 2024, a blockchain media outlet Wu Blockchain made a post on X (previously Twitter) stating that Solana has surpassed Ethereum in monthly Decentralized Exchange (DEX) trading volume. Solana...Read More
The partnership between The Open Network and Trust Wallet is capturing the community’s attention. This integration will help the 100 Million users of Trust wallet to send and receive Ton tokens. This collaboration aims to support both projects and their communities. Let’s explore what this means for these projects and their users. Collaborative Benefits This...Read More
Nader Al-Naji, the founder of BitClout, now known as Decentralized Social (DeSo), is facing serious charges. The SEC and the US Attorney’s Office for the Southern District of New York have charged him with fraud and selling unregistered securities. Misuse of Funds and False Claims The SEC claims Al-Naji raised $257 million through BitClout’s native...Read More
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time,...Read More
One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration....Read More
The team behind one of the famous Donald themed tokens called MAGA revealed their faces during Bitcoin conference 2024 at Nashville. This is the first time some meme coin team has shown their faces to the world. Let’s explore what this means for the MAGA token and for the investors. Hidden faces behind meme coins...Read More
On July 25, the Jito Foundation made a splash with a major update that could transform staking and restaking on Solana. This new code release has the potential to shake up the entire blockchain landscape! Why Jito’s Restaking Code Matters Here’s why this is exciting – Jito’s code could enable Solana based apps to use...Read More
Franklin Templeton has recently endorsed Solana sparking speculations about a potential spot Solana ETF. Just yesterday, Franklin Templeton’s Ethereum ETF debuted, attracting $13.2 million in initial inflows. Moreover, its Bitcoin ETF holds assets exceeding $450 million. Franklin Templeton Next To File Spot Solana ETF? “Besides Bitcoin and Ethereum, there are other exciting and major developments...Read More
Hamilton Lane, a global investment firm with over $920 billion in assets under management, has taken a bold step into the world of blockchain. The firm is launching its Senior Credit Opportunities Fund (SCOPE) on the Solana blockchain through a partnership with Libre, an institutional Web3 infrastructure provider. This move marks a significant milestone in...Read More
Popular analyst Lark Davis took to his latest video and said that Bitcoin holders might not be ready for what’s coming. Looking at the charts, Bitcoin is showing strong signs of reaccumulation. According to him, Bitcoin, which is currently around $68,000, recently had a breakout and is targeting $72,000 as the next critical resistance level....Read More
Donald Trump themed memecoin, MAGA, just shot up by 20% after a shoutout from Elon Musk on X. That’s right ! MAGA is trading at $7.08, up by a crazy 20.22% in just 24 hours. Elon Threw MAGA to the Spotlight Elon Musk, the man behind Tesla, posted a meme image on X with “Make...Read More
On July 19, a United States court granted Binance the approval to invest customer funds in US Treasury Bills. According to the order from the United States District Court for the District of Columbia, Binance can invest “certain” customer funds through a third-party investment manager. Binance must ensure that it does not invest these funds...Read More
The court has postponed the case of money laundering against Binance in Nigeria until October 11. Binance faces four allegations of tax evasion in Nigeria. These include allegations of not registering for tax with Nigeria’s Federal Inland Revenue Service. In addition to tax evasion, Nigerian authorities have accused Binance and its two executives, Tigran Gambaryan...Read More
Justin Sun, the well-known entrepreneur and founder of Tron, has made headlines again. This time, he’s made a significant move with Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Justin Sun has allegedly withdrawn 14,436 ETH from the well-known crypto exchange Binance. This move has sparked curiosity and speculation in the crypto...Read More
Bitcoin is currently at $60,000 and attempting to reclaim the crucial range lows above the current levels. While there are positive signs, there is still more work to be done to confirm a sustained bullish trend. On Crypto Banter’s Kyle Doops Trading Show, the analyst presented a list of coins hitting key support levels, stressing...Read More
Whenever we talk about trend setters in Crypto, meme coins come in the first place! In the fast paced world of digital currency, there are only a few coins that are making real waves this month. These coins are showing impressive presales, innovative solutions, and incredible growth potential. Let’s explore three crypto coins that could...Read More
Good News for XRP Lovers as Ripple Joins CME Group and CF BenchmarksXRP lovers received good news on the early morning of July 12. Starting July 29, the XRP Dollar reference rate and indices will be included in the CME Group and CF Benchmarks. Being listed here is a huge milestone for Ripple. XRP Twitter...Read More
Bitcoin’s price has been stuck below $58,000 for a long time. Despite being in a bull market, Bitcoin isn’t moving up, and both market and non-market factors are to blame. Impact of US CPI The US Consumer Price Index (CPI) rose by 3% in June. Analysts see this as a bullish signal for Bitcoin, but...Read More
In January 2018, XRP hit an all-time high of $3.317. Since then, it has never come close to that price again. We have been observing for a long time that the SEC vs. Ripple case has halted XRP’s growth. XRP has a lot of community support, but it just needs regulatory backing now. The legal...Read More
The market has experienced significant volatility over the past 48 hours, leading to unstable conditions in both Bitcoin and the altcoin market. This volatility has particularly impacted Solana, leading to notable liquidations. As a result, a strong battle has been observed between buyers and sellers. Concurrently, various on-chain metrics for Solana have taken bearish positions,...Read More
Hamster Kombat has become a new Crypto sensation by gathering a jaw-dropping 239 million users in just 81 days! This viral hit, celebrated by Telegram founder Pavel Durov, is set to introduce millions to blockchain tech through its upcoming token launch on the TON blockchain. Since its launch in March 2024, this P2E game has...Read More
We have seen Ripple’s $XRP take investors on a wild ride with huge highs and tough lows. No coin in the top 10 has dropped more from its all-time high (ATH) than $XRP. It’s down 86% from its peak of $3.40 in 2018, and its last big surge was in early 2021. However, Ripple has...Read More
Solana’s meme coin, Billy who is just one month old now, has just skyrocketed past the $100 million mark, now sitting pretty at a whopping $115 million. This coin claims to be the cutest dog in the meme world and was launched on Pump.fun in early June, Billy has quickly become the second-largest token on...Read More
Analysts across the cryptocurrency space believe that one major update, paired with strong bullish sentiment, could trigger an explosive move for XRP similar to the one seen in 2017. Egrag Crypto took to his X handle and set a minimum target of $6.4 for the cryptocurrency. Despite recent market fluctuations, the monthly candle formation is...Read More
