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%,
Ethereum, the second-largest cryptocurrency by market capitalization, has been displaying resilience against bearish market trends. Just hours ago, it surged to a 10-week high, reaching $1,852. This significant rally followed a day of strong market performance, with the total market capitalization surging by over 8%. Even Bitcoin, the leading cryptocurrency,
John Deaton, an attorney and cryptocurrency advocate, has said that the ‘Spend The Bits’ protocol on the XRP Ledger (XRPL) is superior to the Lightning Network. Lightning is Bitcoin’s layer-2 scalability solution. Off-chain, peer-to-peer transactions are enabled, which increases Bitcoin’s scalability and efficiency. Deaton announced his status as an angel
The crypto market has faced a challenging year so far, with bearish trends dominating the charts. Enthusiasts and traders awaited an overall green chart in the market, and today marked an eventful shift as the bulls took control, pushing Bitcoin to the $30,000 mark and ushering in double-digit surges for
Elon Musk’s Tesla maintained its Bitcoin holdings, according to the company’s quarterly financial report posted yesterday. At the present pricing, Tesla’s 9,720 Bitcoins are worth more than $275 million. Tesla has not modified its Bitcoin holdings during the previous several quarters. Investors have been on edge as they try to
The pursuit for a Spot Bitcoin ETF has been a focal point of the crypto sector for the better part of 2023. The market was taken aback when conventional financial giants revealed their intentions by applying with the U.S SEC. Mike Novogratz, CEO of Galaxy Digital Holdings, has predicted that
CoinDCX, India’s leading and most valued VDA company, in collaboration with BuidlersTribe, is thrilled to announce the second edition of Demo Day at Unfold 2023. Building on the success of its collaboration in 2022, CoinDCX is once again proud to partner withBuidlersTribe. This annual event, designed to support the innovative
The SEC decided last Friday not to challenge a recent setback in the D.C. Circuit Court of Appeals. Grayscale Investments wanted to turn the Grayscale Bitcoin Trust (GBTC) into an ETF, but the SEC denied their application. Since the SEC did not appeal the decision, the court will overturn the
Bitcoin (BTC) prices exhibit a sudden rally following the recent news from Binance.US suspending direct U.S. dollar withdrawals. The price of BTC soared from $28,189 to $28,793 in the last 24 hours. Further, speculation continues to circulate within the crypto market regarding the potential approval of spot Bitcoin exchange-traded funds
Following the latest disinformation incident, the U.S. SEC may have uncovered more reasons to reject future Bitcoin ETF applications. Recent events were triggered by unfounded rumors that the SEC had approved a Bitcoin ETF from BlackRock, leading to extreme price fluctuations. The price of Bitcoin skyrocketed after the untrue story
