Despite Ethereum’s recent 20% price correction over the past week, investor sentiment remains bullish, buoyed by futures data suggesting continued faith in the cryptocurrency’s long-term trajectory. Ether’s price soared to near $4,100 in early March, marking a significant 20% increase before encountering resistance and undergoing a subsequent correction. The cryptocurrency tested the $3,200 support level […]
Solana, the blockchain platform known for its high-speed transactions and scalability, has surged to new heights in the cryptocurrency market. On Friday morning in Asia, Solana’s market capitalization soared to an unprecedented $81.1 billion. This is after surpassing its previous peak of $77.4 billion recorded in November 2021. The price of Solana experienced a notable […]
In a furiously contested crypto market, the last month has witnessed a surge in animal-themed memecoins. This is particularly those inspired by dogs, cats, and even frogs. Investors and traders are engaged in a lively battle of the species as these tokens skyrocket with triple and quadruple-digit gains. Dogged Dominance Dog-themed tokens, led by the […]
Grayscale, unveiled its latest offering on Tuesday – the Grayscale Dynamic Income Fund (GDIF). This innovative fund, designed as the company’s inaugural actively-managed crypto fund, focuses on optimizing staking rewards for investors. GDIF aims to stake various cryptocurrencies and distribute the resulting earnings to investors on a quarterly basis in USD. Grayscale CEO Michael Sonnenshein […]
1. Analysts predict Solana’s bullish run, eyeing $600 amid the current crypto market boom led by Bitcoin. 2. Similar to Ethereum’s past trends, Solana’s potential rise is tied to Bitcoin’s expected prolonged bull run toward $150,000. 3. Solana showcases strong fundamentals with rising TVL and notable on-chain activity. Independent market analyst Hansolar suggests that Solana […]
The Solana blockchain has kicked off the new year by setting a new record for the number of new addresses created in a single month. January 2024 witnessed nearly 12 million new addresses joining the network, marking an 18% increase from December’s figures, which were already at a multi-month high. On January 31, the network recorded over […]