Price analysis 6/17: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

The world is interested in crypto. In the United States and European Union, individual investors have shown they are intrigued by its possibilities, while emerging economies are leveraging it to expand access to financial services. This, of course, is attracting the focus of legislators who want to both tap into crypto’s potential and ensure investors

Airdrops from two cat-themed memecoins may have paid off the entire pre-order value of the Solana ‘Chapter 2’ mobile device.

Blockchain network congestion, explained Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing delays.When there are more pending transactions than the network can handle, blockchain networks get congested. Limited block sizes and the length of time required to construct a new block are the causes

Data from blockchain intelligence firm Flipside Crypto show that 50% of DAI, Maker’s decentralized stablecoin, is now on Compound (COMP). While the figure seems a positive factor for COMP’s growth, it shows a concerning trend for DAI.Since June, the amount of DAI on the Compound Decentralized Finance (DeFi) protocol rapidly surged. As of August, nearly…

Trevor Jones, the artist who composed Picasso’s Bull — an NFT that sold for a record $55,555 on NIfty — originally thought that NFTs were destined to fail. The Winklevoss-backed marketplace for non-fungible tokens (NFTs) and digital art Nifty Gateway recorded its largest-valued NFT transaction to-date during an auction two weeks ago.On July 23, artist…

Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims. 138 Total views 4 Total shares Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs.In the second

Dogecoin founder Billy Markus noticed a suspicious transaction pattern on Etherscan that prompted the company to halt all transactions for the time being. 1891 Total views 7 Total shares Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after "a small number of users reporting suspicious activity on their accounts," but all funds are…

American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading.According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution.As such, the company will not have to put its dividend shares on the six-month holding period as required…

Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital gathered to push forward the development of its Mocaverse platform.In another related development, Blockchain Capital closed