Solana price recovers from sharp sell-off, is $300 SOL possible?

After a lackluster rise of crypto in 2021, which saw many new crypto millionaires and several crypto startups attain unicorn status, came the dramatic fall in 2022. The industry was plagued by macroeconomic pressures, scandals and meltdowns that wiped out fortunes virtually overnight. As 2022 comes to a close, many crypto proponents are perplexed about the…

South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4.SK Holdings C&C is the information technology solutions arm of the SK Group, one of the the largest conglomerates in South Korea. The entity has…

Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko.Data from Santiment shows that Bitcoin whales holding between 10,000 BTC…

Blockchain-powered event betting platform Augur has launched a token denominated in MakerDAO’s Dai (DAI) stablecoin as part of a major upgrade to its platform. The news was announced in an official blog post tweeted on April 8.Augur argues that introducing DAI-denominated markets will make trading less volatile as compared with Ethereum (ETH), which has been…

The United States Senate Banking Committee has released the opening statements of David Marcus, head of Facebook’s crypto wallet Calibra today, July 15. The statements come ahead of a hearing on the Libra cryptocurrency project tomorrow in the Senate, in which Marcus will testify.In his testimony, Marcus raised the issue of Facebook’s upcoming stablecoin Libra…

The protocol, which is still in development, intends to connect dApps across chains using on-chain nodes. 172 Total views 10 Total shares On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, announced that it raised $135 million in its latest funding round. The deal…

South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins. 2637 Total views 14 Total shares The Korea Federation of Banks has raised alarm over the increase in altcoin trading volumes across crypto exchanges in the country.According to a report by The Korea Herald on Monday, the…

America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to climbing mortgage rates, creating a housing shortage. Data from the Federal National Mortgage Association,…