Why is Solana (SOL) price up today?
Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.
Related Posts
South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
South Korea’s Second Most Populous City Signs MoU With Blockchain Firm to Promote Fintech
The South Korean city of Busan has signed a Memorandum of Understanding (MoU) with blockchain company Hyundai Pay, according to a press release published on Feb. 12.According to the announcement, South Korea’s second most populous city after Seoul and Hyundai Pay, a company that developed a blockchain platform and a cryptocurrency wallet, will cooperate in…
China’s CBDC is about domestic dominance, not beating the dollar
For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an outsized role.Within crypto, advancing interest in central bank digital currencies has become part of that narrative of geopolitical competition. Many have framed the development of CBDCs in China and the…
Tether USDT is Launching on a ‘Pure PoS’ Blockchain, Algorand
The Tether (USDT) stablecoin is about to be released on its fifth blockchain, Algorand, the company announced in a tweet published on July 17.Tether on a ‘Pure’ Proof-of-Stake BlockchainIn a press release concerning the upcoming release of the stablecoin on the Algorand blockchain published by Tether, the company explains some characteristics of the chain. According to…
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewIs $20,000 incoming?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still failing to cement $30,000 as support on the May 16 Wall Street open.The pair…
Vitalik Buterin becomes NFT, Neopets transitions into non-crypto game and more
Vitalik Buterin portrait from 2014 auctioned as NFTAn image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network.The NFT sale also celebrates the…
Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet
Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Chop then breakout "makes sense" for BitcoinData from Cointelegraph Markets Pro and TradingView tracked a swift decline for BTC/USD around the start of trading, with…
Ethereum alone not enough to disrupt Big Tech: Jack Dorsey
Twitter CEO Jack Dorsey is doubling down on his Ether-skepticism by downplaying the network's potential to shake up the world of the social media giants. 320 Total views 37 Total shares Self-professed Bitcoin (BTC) maximalist Jack Dorsey, CEO of Twitter, is not giving Ethereum (ETH) fans an inch. In his latest offhand remark about the…