Here’s what happened in crypto today

The price of Solana dropped 8% over 24 hours and is currently at a critical level of $165, triggering a liquidation of over $400 million in leveraged positions.

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to Lightning…

Bitcoin (BTC) is fighting for the bull trend as the new week begins as the market acts within a crucial zone.After closing the weekly candle at just below $27,000, BTC/USD is attempting to cement support as a stubborn trading zone holds.The stakes are already high — last week saw a flash dip below $26,000 and…

Ethereum's long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS) is upon us as the Merge looms in less than 10 hours. There's plenty to consider for the wider cryptocurrency space — and here's what you need to know.What is the Merge?The Ethereum blockchain will transition away from its energy-intensive consensus mechanism PoW as its execution…

The rate and reach of cryptocurrency adoption in recent years signals the dire need for modern regulations that simultaneously safeguards investors and enables innovation to flourish. As it stands, most crypto tokens fall within a regulatory gray area as they don’t fit within the confines of the traditional financial system — so why should they…

The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC)…

Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.” 455 Total views 5 Total shares Own this piece of history Collect this article as an NFTA bankruptcy judge overseeing the bankruptcy case for crypto lending platform…

Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. 1636 Total views 18 Total shares Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView…