The Solana Ecosystem has witnessed staggering interest from the crypto community, evident from its surge in activity. This was instigated by an influx of celebrity-led memecoins. But the altcoin, SOL, failed to pick up the momentum from the frenzy. The token, in the past 24 hours, has shown a brief
A speculated report was out last day by Pirate Wires on their X post that former U.S. President Donald Trump has launched his cryptocurrency, DJT. It has sent that token value high while other meme coins have dived down. The post on X, “per conversations,” Trump was launching an “official
The altcoin market is experiencing a prolonged decline, making it a hard time for investors. It is influenced by several factors that have created a complex environment for the assets. The launch and oversupply of new coins play a vital role in the decline, leading to a steep market. According
A large segment of ADA holders are losing money, since just 30% are now in profit, according to IntoTheBlock statistics. Major investors own 28% of the ADA token, indicating a relatively high amount of whale control. This might affect the price stability and the dangers of manipulation. Market conditions, including
The cryptocurrency market is experiencing significant turbulence as altcoins face a sharp downturn while Bitcoin remains relatively stable. Despite Bitcoin trading below $66K, altcoins have suffered substantial losses, erasing gains from the March rally. The Market sentiment remains bearish, with calls for near altcoin season dwindling. Several factors contribute to
Recent report by Liquid Collective and Obol has uncovered various hazards related with Ethereum’s upcoming Pectra upgrade in early 2025. Although distributed validator technology (DVT) has been slow to gain traction. The report stresses the significance of diverse clients, operators, and cloud. Concerning the execution and consensus clients, the report
According to a recent survey, some central banks are increasing their efforts to investigate digital currencies issued by the central bank. The foreign exchange firm BIS conducted a survey of central banks and found that in 2023, there was a “sharp uptick” in CBDC-related experiments among the banks that deal
Following a recent price dip, Ethereum (ETH) had one of its most significant days for long-term holder accumulation. Demand for Ethereum has skyrocketed. In a post on June 13th, CryptoQuant’s chief of research Julio Moreno said that buying by permanent holders was the second highest it has ever been. According
Polygon (MATIC) has long been a central hub for developers and investors seeking to overcome the limitations of Ethereum. Offering a more scalable and flexible environment, Polygon has attracted significant attention within the crypto community. Meanwhile, this new altcoin has shown extraordinary growth potential, suggesting it might surpass Polygon in
According to CoinGlass, the futures trading volume for Cardano (ADA) surged by 29% in the past day, surpassing half a billion dollars. The surge in value shows that ADA perpetual futures trading is becoming more popular than the spot market. Trading volume for Cardano on exchanges reached $466 million, increasing
