SOL struggles to reclaim $145, but Solana network fundamentals remain solid
Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.
Related Posts
NFTs make it possible for gamers to have digital property rights
Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. The problem is that none of this matters until netizens are able to truly own digital assets. And it all starts with…
Almost half of Bitcoin hash rate signaling for Taproot activation
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. 3238 Total views 13 Total shares The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support.According to data from Taproot.watch, a…
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector.Deputy Secretary of the Treasury Justin Muzinich presented his view on the emerging ecosystem of financial intermediation and digital currencies at an annual banking and payments conference in New York on Nov. 21.…
Could LEGO be hopping on the NFT train?
A mysterious, since-deleted tweet from the toymaker has piqued the interest of NFT collectors. 1056 Total views 7 Total shares The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space.On Wednesday, the official LEGO Twitter account posted (and…
Blockchain to Bring Transparency to Uranium Markets
Major uranium producer Uranium One and distributed ledger technology (DLT) startup Insolar have teamed up to explore blockchain’s capabilities in uranium and energy trading.The partnership will focus on the improvement of the production and distribution of uranium, as multi-party deals in the industry are still conducted “using paper and pencil with non-standard contracts that cross…
Bitcoin traders call for calm as BTC price slips 10% in a week
Bitcoin (BTC) barely held $27,000 on April 22 as another round of losses left bulls with little firepower.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGiant RSI support retest greets Bitcoin bullsData from Cointelegraph Markets Pro and TradingView showed BTC/USD just preserving the $27,000 mark on the day after the Wall Street trading week ended on a…
Australia’s $145M exchange scandal, Bitget claims 4th, China lifts NFT ban: Asia Express
Australian police bust $145 million money laundering scam, Bitget gains market share in Q3, China unblocks NFTs, and more. by Zhiyuan Sun 4 min October 26, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Largest money laundering scandal in Australia unravels Changjiang Currency Exchange
Reddit investing group triggers crypto-style 860% rally in GameStop stock
Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high of $159.18 on Jan. 25. On Jan. 25 GME pulled back 51.70% from its high to close the day at $76.79…