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Search Results for: RSI

Is Solana Already Past Its Prime? Why SOL Will Never Skyrocket 10,000% Like in 2021

As the crypto landscape evolves, questions loom over Solana’s future in a market once dominated by its meteoric rise. In 2021, SOL captured headlines with astonishing gains, captivating investors and positioning itself as a potential cryptocurrency.However, with increasing competition, network challenges, and shifting investor sentiment, many are starting to wonder

October 15, 2024 5 mins read

Metaplanet Shares Surge 16% After Major Bitcoin Acquisition

Shares in Japanese investment firm Metaplanet soared 15.7% on October 15, following the company’s announcement of its latest Bitcoin purchase. The firm confirmed it had acquired nearly 107 Bitcoin in a strategic move to diversify its investment portfolio, marking its continued interest in the digital asset space. Metaplanet’s decision to

October 15, 2024 2 mins read

Kamala Harris Briefly Mentions Crypto in Her Opportunities Agenda

As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to

October 15, 2024 2 mins read

Solana Surpasses $150 For The First Time Since October 1: What’s Next For SOL?

Solana (SOL) has demonstrated remarkable resilience, breaching the $150 threshold for the first time since October 1, signaling a potential reversal of its recent downtrend. This resurgence comes after a tumultuous start to the month, where initial optimism gave way to a sharp decline to $136.90 just days after reaching

October 15, 2024 1 min read

SUI’s New ATH: Analyzing Price Action and Future Projections

SUI has demonstrated remarkable resilience, surging past the $2 threshold and establishing a new all-time high (ATH) of $2.36 during early trading hours. This unprecedented price action has ignited optimism among traders, fueling expectations of sustained bullish momentum in the near term. As SUI regains lost ground and attention, market

October 15, 2024 2 mins read

Charles Hoskinson Suggests ADA Price Pump Could Silence Cardano Critics

Cardano founder Charles Hoskinson has sparked discussion within the cryptocurrency community by suggesting that a significant price increase for ADA could potentially resolve the network’s ongoing challenges. This statement comes in response to persistent criticism and negative sentiment surrounding the Cardano ecosystem. The Cardano network has faced a barrage of

October 14, 2024 2 mins read

CrossFi Launches EVM-Compatible Mainnet, Offering Scalable Crypto Payment Solutions

CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain. Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for

October 14, 2024 3 mins read

Crypto Funds See $407M Inflows Amid U.S. Political Shifts

Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406

October 14, 2024 1 min read

Is Solana Ready to Break Free From Its Consolidation?

Solana (SOL), one of the leading altcoins, gained the attention of traders today by surging 4% in the past 24 hours, hitting a one-week high of $154. After a bearish week that saw its price drop below $135, SOL has shown signs of recovery over the past two days, recording

October 14, 2024 2 mins read