Solana users hit by delays after Trump memecoins debut

The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.On March 12, for instance, the All Exchanges Inflow Mean (MA7) indicator hit 3. At the time, BTC declined to as low…

Solana (SOL) tumbled on June 16 amid a broader retreat across the top cryptocurrencies, led by the Federal Reserve's 0.75% interest rate hike a day before.Solana price rebound fizzlesNotably, SOL/USD plunged nearly 17% to $30 a token, wiping almost all the gains from June 15. The SOL price volatility liquidated almost $10 million worth of…

The US dollar could lose its status as the world’s reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock CEO Larry Fink. Fink wrote in his Annual Chairman’s Letter to Investors that “decentralized finance is an extraordinary innovation” that makes “markets faster

The Australian Securities Exchange (ASX) has announced that it will delay its transition to  use blockchain for equity transactions by six months, the Sydney Morning Herald reports September 4.As Cointelegraph has previously reported, the ASX has been working to implement blockchain as of December 2017 to replace its current system for processing equity transactions.According to…

DeFi has become a major catalyst for Europe’s crypto economy. Large institutions have also upped their share of transactions significantly. 983 Total views 28 Total shares The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the…

MUFG Bank, the largest bank in Japan and the world’s fifth-largest bank, has denied reports that it plans to launch a digital currency in Japan next year.In a statement on Dec. 4, Mitsubishi UFJ Financial Group Bank (MUFG) said it had not decided whether a recent business partnership would ultimately form a digital currency entity.MUFG:…

MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. 1127 Total views 7 Total shares The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon. Ethereum’s EIP-1559 upgrade shipped with its London hard fork…

Several traders believe that the price of Ether (ETH) could pull back after it achieved a new all-time high on Jan. 25 and gaining nearly 100% in January. Ether has outperformed Bitcoin (BTC) so far this year, buoyed by the growing number of users on Ethereum.Primarily due to the growing demand for DeFi, the Ethereum network has…