Solana DApp volumes shed 10%, but a rally to $230 is still possible

The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely 16 hours after BTC surged to $10,473, testing the dreaded $10,500 resistance level.Bitcoin typically sees a heightened level of volatility when it approaches key dates. Crucial periods in…

In this week’s newsletter, read about Ethereum co-founder Vitalik Buterin’s proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In…

The launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading. 1274 Total views 30 Total shares Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward.Currently a topic of interest on…

Blockchain network ARK has released Core V2, the second version of its core system. “ARK was forked seamlessly in the background and the code is now fresh,” the startup says. The company emphasizes that ARK has become “the first and the only” delegated proof-of-stake-based (DPoS) service with dynamic fees. The users decide how much they…

BNB, the native token of Binance’s BNB Chain, entered a symmetrical triangle formation on Aug. 10, when it first faced the descending trendline at the $335 resistance. The following five weeks have been a struggle around $280, the exact intersection between the two conflicting ascending and descending patterns.BNB token/USD at FTX. Source: TradingViewA decision on…

Binance VP Eastern Europe Gleb Kostarev and CIS director Vladimir Smerkis have announced they have quit the company. 835 Total views 9 Total shares Cryptocurrency exchange Binance is losing two key executives related to the Russian market amid major regulatory challenges related to sanctions.Gleb Kostarev, head of Eastern Europe and Russia at Binance, took to

Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022. 82 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDuring a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto…

Satoshi Nakamoto mined the first Bitcoin block 12 years ago today. 1062 Total views 8 Total shares Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric rise in the last week alone.The price of Bitcoin (BTC) reached parity with the…