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Search Results for: sol

Solana Could Be in Trouble as $340 Million SOL Unlock Looms on the Horizon

Solana investors are concerned as they face an impending unlock of $340 million worth of SOL tokens. With that many new tokens entering circulation, investors are concerned about increased selling pressure on Solana, which could drive the price down in an already volatile market. Meanwhile, the new ETFSwap (ETFS) presale

August 22, 2024 3 mins read

Hackers Compromise McDonald’s Instagram to Promote Solana Meme Coin

Bad actors hacked the Instagram account of fast food giant McDonald’s and promoted a meme coin based on Solana. On his X (formerly Twitter) account, which is believed to have been compromised, the company’s director of marketing also published a relevant message. After hacking into McDonald’s Instagram account, the hacker

August 22, 2024 2 mins read

Vitalik Buterin Advocates ‘Plurality’ to Resolve Multiple Domain Conflicts

Vitalik Buterin, co-founder of Ethereum (ETH), has proposed the “Plurality” philosophy to address the conflict between the cryptocurrency ecosystem and more conventional forms of governance. Though he acknowledges that this pluralistic approach may improve current systems, he fails to see any chance of a substitute. American writer and economist Glen

August 21, 2024 2 mins read

What Does This Recent Consolidated Dip Mean to Bitcoin (BTC)?

Bitcoin (BTC) has fallen below $59,000 again, leaving traders and investors anxious with its intense consolidation phase. The largest cap cryptocurrency has been in a crisis to maintain its position above the $60,000 price level. Despite breaking the resistance, BTC signals a brief bearish rally by sliding down to $58,610

August 21, 2024 2 mins read

Brazilian Regulator Greenlights Second Solana ETF This Month

Brazil’s Securities and Exchange Commission (CVM) has greenlit a second Solana ETF, marking a notable step for crypto investments in the region. This new fund is set to be launched by asset manager Hashdex, a Brazil-based asset manager managing over $962 million in assets, in collaboration with local investment bank

August 21, 2024 2 mins read

Are Solana ETFs Facing an Uncertain Future with the SEC?

The U.S. Securities and Exchange Commission (SEC) has rejected Cboe BZX’s 19b-4 filings for two proposed spot Solana ETFs, according to the reports. This decision led to the removal of the filings from the Cboe website and prevented them from being submitted to the Federal Register, halting any progress toward

August 20, 2024 2 mins read

Malicious Chrome Extension Uncovered Targeting Solana Users

Solana users have been put on high alert following the discovery of a malicious Chrome extension named “Bull Checker.” This fraudulent extension, pretending to be a helpful tool for crypto traders, has been found to target Solana users. Specifically putting their digital assets at risk. Meow, the pseudonymous founder of

August 20, 2024 2 mins read

Solana (SOL) Eyes a Potential Bullish Target

Solana (SOL), the fifth-largest altcoin by market cap, has extended its minimal gains. After a 2.67% spike in the last 24 hours, SOL hit the $148 mark. Despite struggling to $150, the altcoin signals a brief bullish rally for the day surpassing its previous resistance levels.  The token opened the

August 20, 2024 2 mins read

Buying DigiHorse (DIGI): Could This Be the Next Bitcoin Or Solana?

While Bitcoin (BTC) and Solana (SOL) struggle with volatile price movements and declining values, leaving investors uncertain about their prospects, DigiHorse (DIGI) remains resiliently bullish. The enthusiasm for DIGI stems from a series of positive developments within its gaming ecosystem, which seem to position it a step ahead of both

August 19, 2024 2 mins read