Fri, October 25

Search Results for: sol

Cardano’s Scaling Solution Mithril Sees Exciting Progress with New Paper

Cardano founder Charles Hoskinson recently took to social media to express enthusiasm about the release of a new research paper for Mithril, a scaling solution for the Cardano network. Mithril, which launched on Cardano’s mainnet in July, is a protocol that utilizes a stake-based threshold signature scheme to improve syncing

October 31, 2023 1 min read

Bitcoin Price Enters Consolidation Phase Eyeing for a Breakout

In light of recent events, billionaire and former hedge fund manager Stanley Druckenmiller has come forth to say that he may have been wrong about not owning Bitcoin all along. Duquesne Capital founder Stanley Druckenmiller was having a conversation with hedge fund manager Paul Tudor Jones. Druckenmiller was taken aback

October 31, 2023 2 mins read

Ethereum Eyes Breakout as Price Consolidating for a While

A crucial indicator still indicates considerable volatility for Bitcoin (BTC) despite the asset’s recent upward momentum due to the widespread expectation of the approval of a spot Bitcoin ETF. Santiment, a market intelligence firm, reports that whale activity and social volume in Bitcoin have dramatically decreased over the previous week.

October 30, 2023 2 mins read

Solana’s Price Witnesses Short Correction Amidst Bullish Trend

VanEck, a prestigious asset management company, recently released research on Solana that has generated a lot of discussion. Solana’s SOL token was given an optimistic forecast in the research, with a price increase to a whopping $3,211.28 by 2030. The report also considers a future in which Solana becomes the

October 28, 2023 2 mins read

Solana’s Price Fails To Slow Down as Bulls Continue Domination

Solana Labs has launched its first startup incubator as a deliberate effort to strengthen its blockchain ecosystem and attract entrepreneurs. The goal of the initiative is to persuade new businesses to use Solana as their primary blockchain system. The precise funding amount for this initiative is yet unknown. Solana Labs

October 27, 2023 2 mins read

Bitcoin Price Consolidates; Bullish Breakout Likely?

The blockchain analytics platform Santiment hinted in a twitter post yesterday that a market downturn for cryptocurrencies may not be happening very soon. This is in response to the current market recovery, which has resulted in significant price gains for Bitcoin (BTC) and other cryptocurrencies. Moreover, there are still a

October 27, 2023 2 mins read

Solana Shows No Sign of Slowing Down; Further Surge Likely?

The recent Solana (SOL) transactions made by defunct crypto exchange FTX have garnered a lot of attention. PeckShieldAlert reported today that a whopping 470,000 SOL tokens worth $15 million were moved to an address affiliated with FTX on Solana and labelled as cold storage. The funds were partially transferred to

October 26, 2023 2 mins read

Soluna and Bit Digital Announce Year-Long Hosting Partnership

Project Sophie Chosen to be the Host Site ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today a twelve month 4.4 MW hosting contract

October 26, 2023 2 mins read

Web3 Social Media Platform DSCVR Launches on Solana Blockchain

With over 200k users, DSCVR will now be available to the millions of users in the Solana ecosystem LOS ANGELES–(BUSINESS WIRE)–DSCVR (pronounced “discover”), the largest Web3 social media and community building platform, is announcing its launch on the Solana Ecosystem. Already boasting well over 200,000 users, the integration will expand

October 25, 2023 3 mins read

Solana Shines as a Top Performer Year-to-Date: Report

According to data from CoinGecko, Solana’s SOL has been a rare standout in 2023’s cryptocurrency rout, gaining over 214% year-to-date. The price performance makes it one of the only major crypto assets firmly in positive territory for the year. In comparison, Bitcoin and Ethereum are only up 106% and 50%,

October 25, 2023 1 min read