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Search Results for: sol

Algorand’s New Controversial Ad Criticizes Bitcoin, Ethereum and Solana

Mixed reactions have been elicited by a new advertisement by Algorand foundation, which criticizes Bitcoin, Ethereum, and Solana, claiming that they are unfit for payment purposes. The commercial sparked quite a commotion due to its immense social media exposure and criticism of competition. A new commercial from the Algorand Foundation

May 25, 2024 1 min read

Solana Price Struggles Amid Market Volatility: Will SOL Reclaim $200 in Q2?

The cryptocurrency market experienced bearish price action on Friday, despite the highly anticipated approval of the spot ETH ETF. This bearish sentiment suggests a prevalence of short selling in the market. However, Ethereum, the leading altcoin, managed to maintain its price above the $3,650 mark, indicating a persistent bullish sentiment

May 24, 2024 2 mins read

Goldman Sachs CEO David Solomon Predicts No Fed Rate Cuts in 2024

David Solomon, CEO and chairman of Goldman Sachs, forecasted that the Federal Reserve would not decrease interest rates this year. Since it is a highly volatile asset, Bitcoin reacts quickly to shifts in the economy as a whole. The global financial market is seeking solutions to wide questions, and David

May 23, 2024 2 mins read

Kelp DAO Secures $9 Million in Private Sale to Enhance DeFi Restaking Solutions

The liquid restaking platform Kelp DAO has reached a significant milestone in its quest to improve the restaking landscape and decentralized finance (DeFi) by announcing the closing of a $9 million private sale round. The round was spearheaded by a $3.5 million investment from SCB Limited, a Bahamas-based proprietary trading business,

May 22, 2024 2 mins read