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.
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Solana revenues outpace Ethereum, L2s despite market dip
Solana-based app revenues beat Ethereum apps by 10x, according to crypto researcher Aylo.

Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support
After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K. Bitcoin (BTC) price swiftly fell to $11,322 after reaching a daily high at $11,909The drop came as U.S. jobless claims fell to $1.2 million but lawmakers inability to reach a deal on the next coronavirus stimulus package…

Bitcoin Ordinals see resurgence from Binance listing
The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours. 481 Total views 2 Total shares Ordinals, a BRC-20 token collection minted on the Bitcoin blockchain, have surged by 40.8% in the past 24 hours to $10.19 after listing on crypto exchange Binance.According

Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years. 747 Total views 25 Total shares Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees…

Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express
Huobi co-founder sues own company for copyright infringement According to local news reports on June 21, Leon Lin Li, former co-founder of cryptocurrency exchange Huobi Global, has filed a copyright infringement lawsuit against the company in Hong Kong. Li claims that despite selling his majority stake to an entity controlled by Chinese blockchain personality Justin…

Jack Dorsey: Twitter Developing Decentralized Standard for Social Media
Jack Dorsey, the founder and CEO of Twitter and payments operator Squre, has revealed that Twitter is funding a dedicated team to develop a decentralized standard for social media.In a series of tweets on Dec. 11, Dorsey set forth a number of challenges social media networks face in their operations. These include the shift away…

Consumers are crypto-curious — One in five own digital currency: Accenture
An end-of-the-year report from Accenture showed that despite traditional payment methods dominating many markets, consumers are curious about crypto. 1580 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTOver the last year, the crypto space has endured lasting market volatility and scandals, which have negatively affected consumer trust…

BIS Report Questions Longevity, Efficacy of Proof-of-Work Based Cryptocurrencies
A recent report from the Bank of International Settlements (BIS) has cast a spotlight on the efficacy and longevity of the proof-of-work (PoW) consensus and the future of Bitcoin.The paper takes an in-depth look at how the Bitcoin protocol verifies payments using blockchain technology and various consensus algorithms.PoW algorithms are a major point of discussion,…