Price analysis 11/29: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

Bitcoin (BTC) is trying to sustain above the overhead resistance of $38,000 for the second consecutive day and start the next leg of the uptrend. The excitement among market observers may have increased after the United States Securities and Exchange Commission (SEC) delayed its decision on the a ...

Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's performance comes as the broader cryptocurrency market sentiment deteriorates, thus one needs to analyze whether  ...

Price analysis 11/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given a small window of opportunity for the bears to try and make a comeback. Strong selling has pulled the price below $37,000 on Nov. 27.However, lower l ...

Price analysis 11/24: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that the “next two years are going to be good,” and market activity is likely to pick ...

Solana’s genesis story — Anatoly Yakovenko’s vision for a high-performance blockchain

“I literally had two coffees and a beer, and I had this eureka moment at four in the morning," Solana co-founder Anatoly Yakovenko recalls as he leans back thoughtfully. Speaking to Cointelegraph at the annual Breakpoint conference in Amsterdam, the co-founder recounts a late nig ...

Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and ...

Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating consolidation below $38,000. The prospects for risky assets remain bullish as the United States Dollar Index has started to turn down.&nbs ...

SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather

Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejecti ...

One year on: Top 3 gainers after the ‘FTX crash bottom’

It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several crypto ...

Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws

A recent video from blockchain security firm CertiK made a series of “inaccurate” claims about a potential security vulnerability in Solana’s crypto-enabled Saga phone, Solana Labs has said. In a Nov. 15 post on X (formerly Twitter), CertiK claimed the Saga phone con ...

Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum

Solana (SOL) has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness.In a Nov. 15 CNBC interview, Wood described the Solana network as a major infrastructure player in the wider blockchain eco ...

Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K

On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each chasing after new year-to-date highs.  ...

Price analysis 11/15: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, MATIC, LINK, TON

Bitcoin (BTC) succumbed to profit-booking on Nov. 13 and 14, which pulled the price below $35,000. Corrections are a normal part of every up-move and are considered healthy as they shake out the weak hands and allow the stronger hands to add to their positions. A note of caution to th ...

Why is Solana (SOL) price down today?

Solana's native token (SOL) experienced a remarkable 58.6% surge in just five days, reaching an $64 high on Nov. 11. However, the subsequent two-day retracement of 11.3% to $54 has prompted investors to question whether this signals a fading bullish momentum or merely a temporary price adjustment ...

Price analysis 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCh ...

Why is Solana price up this week?

The price of Solana (SOL) has soared 40% this week to establish a new 2023 high at around $58. That is Solana's best weekly performance since January 2023. Many factors have contributed to the gains, including a general cryptocurrency market uptrend led by Bitcoin ETF euphor ...

Solana price hits a new 2023 high — What’s behind the SOL rally

Solana's native token (SOL) experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling of SOL tokens by FTX's bankruptcy estate. The Delaware Bankruptcy Court approved the sale of the faile ...

Price analysis 11/10: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin (BTC).M ...

Is it altseason? Altcoin 30-day performance and total market cap flash bullish

A wave of green has washed across the entire crypto market, and it won’t be long before traders on X (the social platform formerly known as Twitter) begin to explain that a new altcoins season has arrived. Altcoin season, or ‘altseason’ as the crypto bros say, typica ...

Price analysis 11/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin’s (BTC) rally stalled near $36,000, but the bulls have not hurried to book profits. According to Glassnode analysis, the Long-Term Holder metric, which are addresses holding Bitcoin for at least 155 days, supply is near an all-time high, while the Short-Term Holder, addresses holding coin ...

Blockchain’s positive impact on sustainable development: Solana Breakpoint

Blockchain technology is having a tangible positive influence on environmental stewardship through innovative projects that are retiring carbon credits, generating staking yields to support ecological initiatives and incentivizing communities to monitor and protect natural resources.Cointe ...

Solana price corrects as recent (SOL) rally factors come under question

Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity suppo ...

Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback.However, in an uptre ...

3 reasons why Ethereum price is underperforming altcoins

Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether's 17% return over the last 30 days falls short of Bitcoin's (BTC) impressive 27% gain during the same period.Regulatory hurdles ...

Will the next crypto bull run be dominated by L1s, L2s or something else?

The long-awaited “crypto spring” may be upon us as Bitcoin (BTC) and other cryptocurrency markets rise in anticipation of a full-on bull market. Over the recent crypto winter, many different projects have been growing, gaining users and building new networks. Some of these, like Polyg ...

Multichain inside job? And SOL surges 80% in a month: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A trader managed to exploit the brief opening of the Multichain cross-chain bridge, which was frozen si ...

Price analysis 11/3: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin (BTC) soared above $35,000 on Nov. 2 and that may have sucked in the aggressive bulls who speculated that the next leg of the up-move was beginning. However, the price quickly turned around and fell back below $35,000 signaling that the breakout may have been a fake move.A mild cor ...

Boba Guys, Shopify users showcase adoption of Web3 tools – Solana Breakpoint

Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint.The four day conference hosted in Amsterdam in 2023 attracted a wide variety of bu ...

‘We were worried about ecosystem startups’ — Solana CEO on FTX collapse

The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout. Speaking exclusively to Cointelegraph at the latest edition of the Solana Breakpoint conference hosted in Amsterdam, So ...

‘I just bought SOL’ — Arthur Hayes after Solana price rebounds 500%

Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency.Fam I have something embar ...

Solana gains 80% in a month as Firedancer goes live on testnet

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer.SOL reached over $41 on Nov. 2 touching highs it hasn’t seen since August last year, Cointelegraph Markets Pro dat ...

Ethereum futures premium hits 1-year high — Will ETH price follow?

Ether (ETH) price has declined by 14.7% since its peak at $2,120 on April 16, 2023. However, two derivatives metrics indicate that investors have not felt this bullish in over a year. This discrepancy warrants an investigation into whether the recent optimism is a broader response to Bitcoin (BTC ...

Price analysis 11/1: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin (BTC) skyrocketed 28.5% in October, its second-best monthly gain of the year behind the 40% rally in January. After the strong showing in October, the next question on investors’ minds is, could the bullish momentum continue and Bitcoin extend its recovery going forward?Bernstein s ...

Crypto funds see largest weekly inflows in more than a year: Coinshares

Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an October 30 report from asset management platform Coinshares. Inflows were $326 million for the week ending October 27, dwarfing the $66 million recorded over the previous week. ...

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course.However, the path higher may not ...

VanEck predicts a 10,600% Solana price rally by 2030

Solana, a competitor to Ethereum’s layer-1, has demonstrated impressive strength as SOL’s price surged above $32 this week. Analysts anticipate further price gains, and VanEck has shared significant price forecasts.A report on Solana from the asset management company VanEck has outlined di ...

Price analysis 10/27: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a sharp rally, if the price does not give up much ground, it may cause FOMO and ignite another round of buying. That could push the markets further into overboug ...

Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap fou ...

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level.Chainlink (LINK) tok ...

Price analysis 10/25: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin (BTC) easily soared above the $31,000 to $32,400 resistance zone on Oct. 23, which came as a suprise to many market participants. Usually, the price tends to consolidate or hesitate near stiff overhead resistance levels but that was not the case this time around.Market participants ...

Price analysis 10/20: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Bitcoin (BTC) rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States Securities and Exchanges Commission for a new spot Bitcoin ETF may have acted as a bullish trigger.In another po ...

Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows.While Starknet and zkSync only recorded increases of 3% and 6%, respectively, the likes of Ethereum, Polygon ...

Solana wind down ‘deemed a necessity’ after low fees, says Lido Finance

Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization.The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer ...

Price analysis 10/16: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

After two successive weeks of gains, the S&P 500 Index (SPX) started the week on a positive note. This suggests a risk-on sentiment which is a bullish sign. The volatility is likely to pick up as 11% of the S&P 500 companies are expected to report results this week.The risk-on sent ...

Solana becomes ecosystem partner of Dubai free zone

The Solana Foundation became an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones within the United Arab Emirates. According to the announcement from Oct. 15, with its blockchain platform, Solana will provide technical and business develop ...

Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However ...

Cryptocurrency Market Shows Resilience Amid Economic Worries on September 15

On September 15, there was a positive momentum in the cryptocurrency market, even in the face of hotter-than-anticipated economic data and inflation concerns. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX) maintained their positive performance. ...

Solana (SOL) Price Surges Despite FTX’s Asset Liquidation Approval

Despite a US court granting FTX permission to liquidate its assets, the price of Solana (SOL) has surged by 4.62% to reach $18.90, with a market capitalization of $7.79 billion. FTX is gearing up to liquidate a portfolio of assets valued at $3.4 billion, with significant holdings in Solana (SOL), Bi ...

Solana’s Bold Vision: Rebuilding Trust and Scaling Fairness for the Future

Solana's Roadmap for Rebuilding Trust After a Challenging Year In an effort to move past the repercussions of FTX's collapse last year, Solana, a layer-1 smart contract blockchain, is charting its course for the next five years. Anatoly Yakovenko, co-founder of Solana, outlined a long-term value ...

FTX’s Asset Liquidation: Solana (SOL) and Dogecoin (DOGE) Price Analysis

The bankrupt crypto exchange FTX is under scrutiny again, as it may receive court approval as early as September 13 to liquidate approximately $3.4 billion in assets. This development has raised concerns in the crypto community about the potential for a massive market crash. However, FTX's court ...

Solana Holders on Edge as FTX’s $628 Million Liquidation Looms

The Peril of Holding Solana Amidst FTX's Imminent Liquidation Reports suggest FTX is preparing to offload $628 million worth of Solana. Anticipated market repercussions could drive Solana's price down to the $5-$8 range. Investors with holdings in SOL may be expo ...

Bitcoin Retreats from $26,400 High: Cryptocurrency Market Recap

Crypto analyst Michaël van de Poppe has shared his perspective on Bitcoin (BTC), suggesting the potential for a final corrective move downward in the cryptocurrency's price. In a recent video addressed to his substantial YouTube following of 162,000 subscribers, Van de Poppe posits that Bitcoin migh ...

Bitcoin Retreats from $26,400 High: Cryptocurrency Market Recap

Bitcoin recently surged to a multi-day peak surpassing $26,400, though this ascent proved to be short-lived, as the cryptocurrency has since retraced to its familiar position below $26,000. The broader altcoin market is also displaying slight declines today, with assets like Binance Coin (BNB), C ...

Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

The bulls tried to shake Bitcoin (BTC) from its slumber on Sept. 7 but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” u ...

Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sep. 1. Typically, a volatility squeeze is followed by an expansion in volatility but it is difficult to predict the direction of the breakout with certainty. CoinGlass data shows that Bitcoin has fallen for six consecut ...

Visa taps into Solana to widen USDC payment capability

Global payments processor Visa has rolled out support for USD Coin (USDC) payments settled on the Solana blockchain as its stablecoin offering begins to expand.Visa revealed that it is carrying out live and completed pilots with issuers and acquirers, moving millions of USDC tokens between ...

Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares

Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins including Ether (ETH), suggesting it's the “most loved altcoin amongst investors” according to CoinShares.In a Sep. 4 Digital Asset Fund Flows weekly report,&nbs ...

Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON

The United States' equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a m ...

MakerDAO co-founder proposes fork of Solana codebase for native chain

MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase, and not the Ethereum Virtual Machine despite its long-running ties with Ethereum. MakerDAO’s native chain o ...

Price analysis 9/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin’s (BTC) volatility has increased over the past few days. The price soared on Aug. 29 after Grayscale scored a victory over the United States Securities and Exchange Commission (SEC). However, the euphoria was short-lived as the price gave back all the recent gains on the news that the SEC ...

Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained as analysts cautioned that the victory did not guarantee the approval of a spot Bitco ...

Bitcoin Slips Below $26K as Fed’s Powell’s Hawkish Remarks Impact Market

Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks Bitcoin (BTC) has slipped below $26,000 on Friday as investors have digested U.S. Federal Reserve Chair Jerome Powell's continued com ...

Solana Gains Momentum with Shopify Integration, Aiming for Dogecoin’s Crypto Ranking

Solana (SOL) Market Capitalization Closes in On Dogecoin After Shopify Integration Solana (SOL) price raced to a 4% price increase on Thursday, August 24, after Shopify added support for USDC Via Solana Pay. Derivatives ...

Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a ...

Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Bitcoin continues to frustrate investors with its tight-range consolidation, giving no clue about the possible direction of a breakout. Typically, the longer the range, the stronger the eventual breakout from it. Therefore, traders should be on their toes to latch on to the breakout when it ...

NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum

Non-fungible token project y00ts is again switching blockchain networks, only four months after bridging the majority of its NFTs from Solana to Polygon. DeLabs, the NFT firm behind y00ts, announced via its X (Twitter) account on Aug. 9 it will soon be migrating to Ethereum in li ...

Cypher Protocol freezes smart contract after an estimated $1M exploit

Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit.On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had therefore frozen its smart contrac ...

Price analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks.However, after the kn ...

Price analysis 7/31: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, LTC

The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.However, this bullish mood did not b ...

Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT

The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets.The crypto ...

Solana game developer Automata announces mass layoffs

Solana game developer Automata (ATMTA) will undergo “a significant headcount reduction” to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise just 45 staff, compared to 235 in late 2022.According to the July 24 announcement on Discord, Mich ...

Price analysis 7/24: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, MATIC

Bitcoin plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions.Although the near term looks bearish, l ...

Price analysis 7/21: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT

Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed by a sharp increase in volatility. The only problem is that it is difficult to predict the ...

Solana records 1 outage in first half of 2023, 100% uptime in Q2

Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation.On July 20, the Solana Foundation released its latest performance report stating it has improved the networ ...

Aptos’ new user growth hits 900% after integration with social media app Chingari

The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous month, up to nearly 90,000 onboarding on-chain daily.  ...

Price analysis 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATIC

Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests ...

Price analysis 7/14: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, LTC, MATIC, DOT

Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase.In ...

Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?

Solana’s (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the United States Securities Exchange and Commission in the case contesting XRP’s (XRP) position as a security. The token recorded gains of 48.09%, reaching a peak of $32.40 as ...

Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 b ...

Bitcoin price gathers strength as SOL, AVAX, FIL and EOS prep for a breakout

Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago.  ...

Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, ...

Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

The United States equity markets have witnessed a solid year so far. The Nasdaq Composite has soared 31.7%, its best first-half performance since 1983. Similarly, the S&P 500 Index’s (SPX) 15.9% gain is its best first half since 2019. This suggests that risky assets remain in demand.In ...

Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bitcoin (BTC) witnessed a volatile trading session on the last day of the quarter. The bulls were trying to maintain Bitcoin’s price above $31,000 but they received a jolt on a Wall Street Journal report which stated that the United States Securities and Exchange Commission (SEC) had returned app ...

Solana’s Cardinal shuts down, citing economic conditions

Solana’s Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should be made by Aug. 26. Cardinal Labs was an infrastruc ...

Price analysis 6/28: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and Exchange Commission in the past. However, BlackRock’s filing has ...

Price analysis 6/23: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

The rush to apply for a spot Bitcoin (BTC) exchange-traded fund (ETF) rejuvenated the bulls, but this news is likely to boost the price only to a certain distance. As the price moves up, the risks of a crash increase if none of the ETF applications are approved. Trading firm QCP Capital, for exam ...

Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

The S&P 500 Index (SPX) has gained for five consecutive weeks, the first such instance since November 2021. In comparison, Bitcoin (BTC) is trading well below its local high of $31,000, made on April 14. This shows a clear divergence between the performance of the two asset classes.Som ...

How to use Solana Saga to buy and sell crypto

Solana Saga, the Web3 mobile phoneSolana launched its Web3 mobile phone, the first of its kind, in April 2023. The phone packs all the usual functionalities users have come to expect from a smartphone and tops it up with a Web3 experience. It includes a decentralized application (DApp) store and ...

Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This en ...

Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors rema ...

Bakkt follows Robinhood, eToro in delisting major altcoins: Report

New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to a Fortune report, trading of Solana (SOL), Polygon (MATIC), and Cardano (ADA) has been suspended.The decision follows last week's lawsuits ...

Price analysis 6/14: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

The United States equities markets rose after the Consumer Price Index print on June 13 came in below expectations, but Bitcoin and the altcoins failed to recover. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news.&n ...

Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

After the tough sell-off seen in the past week, the cryptocurrency markets will be looking for some support from the macroeconomic data this week. The all-important United States consumer price index report on June 13 will be followed up by the Federal Reserve’s policy decision on June 14.  ...

ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

The United States securities regulator has in recent lawsuits designated a slate of cryptocurrencies as securities, including Algorand (ALGO) and Flow (FLOW), which hit all-time price lows following the declaration.On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and ...

SOL is not a security, says the Solana Foundation

The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission's classification of its native token, Solana (SOL), as a security. "The Solana Foundation disagrees with the characterization of SOL as a security," reads a statement from J ...

Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, i ...

Elliptic integrates ChatGPT to bolster crypto risk detection

Cryptocurrency risk management firm Elliptic has integrated ChatGPT to ramp up its efficiency in detecting crypto threats – a move which comes amid other crypto firms reporting mixed results in its implementation.Elliptic provides risk assessments to crypto users regarding transactio ...

Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings, which was ...

Solana Co-founder Draws Parallels with Apple, Aims to Create a User-Friendly Financial Internet

He said the company is developing a new generation of "financial internet," but it needs to be as widely accessible as possible A similar principles are followed by Apple Solana co-founder Raj Gokal thinks Solana could repeat Apple's success and becom ...

Circle’s Euro Coin Stablecoin (EUROC) Joins Avalanche Ecosystem for Seamless Transactions

Circle announced that its Euro Coin Stablecoin (EUROC), pegged to the euro, is supported by the Avalanche ecosystem. This will allow any transactions with EUROC between the Avalanche and Etherium networks. EUROC Stablecoin appeared ...

Solana Developers Introduce Open-Source ChatGPT Plugin for Seamless Blockchain Interaction

The Solana blockchain developers unveiled an open-source plugin for the ChatGPT neural network that allows users to interact directly with the Solana network from within the ChatGPT interface. According to Anatoly Yakovenko, co-founder and CEO of Solana Labs, the support of ...

Bitcoin Blockchain Surpasses Competitors as the Second Largest NFT Network, Led by Bitcoin Ordinals Collection

He received more than $170,000 in rewards With only about 750 Th/s According to the expert, with such mining complexity such a thing is only possible once every nine years An unknown solo miner was able to mine a block of bitcoins tonight, May 23, at ...

Bitcoin Blockchain Emerges as Second Largest NFT Network, Led by Bitcoin Ordinals Collection

Secondary sales here totaled $167.47 million for the month And the Bitcoin Ordinals collection holds the lead See the detailed report from CryptoSlam The popularity of non-interchangeable tokens in the Bitcoin network has declined slightly lately. But ...

Coinbase Expands Services in Singapore, Offers USDC Purchases and Staking Rewards

American cryptocurrency exchange Coinbase continues to develop its international presence - the site introduced new services for customers from Singapore. Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions. They will also be ...

Solana (SOL) Exchange Rate Breaks Key Support Line, Indicating Correction Ahead

The Solana (SOL) exchange rate has finally broken below the upward support line, which had previously persisted on the chart for 128 days This bearish breakout indicates that the Solana growth phase that began in January is now over. If that is indeed the case, we are looking at a correction in t ...

Crypto Events Calendar: May 8-13

Start of fintech summit in UAE, Saga smartphone launch and PEPE listing on new exchange; That and much more in our announcement Today, May 8, is Monday, which means it's time for our regular column, the crypto events calendar.. As a reminder, in this article y ...

Credibly Neutral Receives $5.5 Million Investment from Ethereum, Polygon, and Solana Co-Founders

Athereum, Polygon and Solana co-founders invested in the startup The company plans to invest in cryptocurrency software projects Cryptocurrency venture capital firm Credibly Neutral received a $5.5 million investment.. The project was funded by a group of inve ...

Google Cloud’s Blockchain Node Engine to Add Support for Polygon Solution

Google Cloud's Blockchain Node Engine service is expanding its capabilities by adding support for the Polygon second-layer solution, thanks to a strategic partnership with Polygon Labs. This new development will allow developers to deploy Polygon nodes quickly and easily using Google Cloud's infr ...

Solana’s Recent Price Movement and Potential Future Growth

On April 17, Solana hit a new high this year, but bounced off the high of the current range. What does this mean for SOL. SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique consensus mechanism that is a combination of Proof-of-Stake (PoS) and Proof-o ...

IntoTheBlock Report Reveals Withdrawal of $1.8 Billion Worth of Ethereum from Staking

A new report from cryptanalytics platform IntoTheBlock says that by the start of the week, Ethereum holders had applied to withdraw 868,631 ETH worth more than $1.8 billion from staking. Approximately 63% of the ethers pending the completion of the withdrawal operation pr ...

Cryptocurrency Market Gains Momentum as Investors Regain Risk Appetite

Investors have regained their appetite for risk. This can explain the growth of the cryptocurrency market during the week. The rise in the price of bitcoin catalyzes the demand for altcoins. Even Shapella is not a hindrance. ...

Top Altcoins Showing Maximum Increase: Woo, Arbitrum, RNDR, SOL, and INJ

The editors of BeInCrypto compiled a top list of altcoins that showed the maximum increase for the week from April 7 to April 14 Woo Network (WOO) at the forefront of successful altcoins According to the results of the technical analysis of the daily chart, the WOO rate h ...

Solana’s Saga Smartphone for Cryptocurrency Integration

Solana has recently launched its Saga cryptocurrency smartphone, which is expected to hit the market on May 8th. This unique smartphone is manufactured by OSOM, and has a 6.67-inch OLED screen with a refresh rate of 120Hz, 12GB of RAM, and 512GB of storage. The smartphone also features a finge ...

Understanding the Prospects and Challenges of Tron, Solana, and ETH2 in the Crypto Market

Upon analyzing the latest trends concerning Tron, Solana, and ETH2, it becomes clear that many of the predictions have already been successfully implemented. However, certain aspects can only be noticed through numerical designations. To provide a better understanding, it would be helpful to pres ...

Solana Price Analysis: Is a Drop to $17.60 Inevitable?

Solana (SOL) Loses Momentum, It Will Only Get Worse Solana's (SOL) recent surge above the short-term resistance level was short-lived, indicating a potential early update of the lows for the cryptocurrency. A recent report by BeInCrypto shed light on the fact that the S ...

Technical Analysis Predicts a Bullish Breakout for STEPN (GMT) Token

The current market situation of the STEPN (GMT) rate is being analyzed as it is trading within a short-term channel. The market analysts are predicting a positive move in the price as it is expected to break out of the current pattern in a bullish manner. In the last year, the STEPN (GMT) applica ...

Oasis Recovers $140 Million Stolen in Wormhole Attack with Help of White Hat Hackers

Oasis, a decentralized platform, announced that it had successfully retrieved a substantial amount of funds that were stolen by hackers during the Wormhole gateway breach, thanks to the efforts of white hat hackers. The Wormhole Bridge served as a crucial link between Solana network and other popula ...