[ad_1] As a growing number of experts and investors focus on the blockchain network frequently referred to as the “Ethereum killer,” the crypto markets have been humming with conjecture over Solana (SOL) in recent weeks. Related Reading Solana’s Bullish Momentum Solana has come rushing back, increasing 8% in the previous week alone after falling around 8% during the preceding month. Along with a notable change in market mood, this rebound has corresponded with traders and analysts seeing Solana as a cryptocurrency ready for notable increases ahead. For Solana, the recent week marks an actual turning point. Clear indicators point to…
Author: dfrancis36
[ad_1] For Binance, the biggest cryptocurrency exchange in the world based on trade volume, it’s been an incredible journey. The platform has faced numerous regulatory storms over the last seven years, but it has persevered and come out stronger than before. Binance’s 7th Anniversary Milestone Despite the severe criticism and fines the exchange has suffered from many legal bodies, this week marks Binance’s 7th anniversary, an amazing feat. From license suspensions to the resignation of Changpeng Zhao, Binance has handled a challenging environment; yet, its new CEO, Richard Teng, sees the best still to come. Teng highlighted the exchange’s heightened…
[ad_1] Cardano (ADA) has recorded a significant 20.29% price increase for the past seven days in line with the current green movement for most cryptocurrencies. ADA trading volume has spiked massively since it bottomed out at $0.335 on July 8, allowing it to outperform the majority of the large market-cap cryptocurrencies. For those wondering, ADA’s price surge can primarily be attributed to large on-chain transactions in the past seven days. Cardano Outperforming Many Cryptocurrencies Cardano is currently outperforming the market and could continue to do so throughout the weekend and into the coming week. According to the ADA price chart,…
[ad_1] New data from market intelligence platform Santiment finds that more than 33% of Ethereum’s (ETH) overall supply is now being staked. In a new thread on the social media platform X, Santiment says that over 47 million Ether – worth about $147 billion at time of writing – are now being staked on a prominent ETH staking platform, a figure 3x higher than two years ago. “The ETH2 Beacon Deposit Contract, used for staking deposits for Ethereum 2.0, now holds an all-time high 47.36 million ETH. This is good for 33.9% of the entire supply, and more than tripling…
[ad_1] New data from bug bounty platform Immunefi finds that nearly $1.7 billion in crypto assets have been drained on BNB Chain since its September 2020 inception. In a new research post, Immunefi says that BNB Chain witnessed hundreds of fraud and security incidents after launching about four years ago. “In total, we have seen a loss of $1.64 billion on BNB Chain since its inception. $1.27 billion was lost to hacks across 168 specific incidents, and $368 million was lost to fraud across 228 specific incidents. Most of the sum was lost through four specific incidents, including BNB Chain…
[ad_1] Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback. Related Reading Fetch.ai Shows Resilience Although unpredictability has haunted the crypto space, Fetch.ai has surprisingly survived the storm. The value of the token has plunged, but it has steadily recovered and lately climbed by almost 6%. Fetch.ai’s resilience has attracted the attention of market watchers who are now closely monitoring its development. Given the extreme instability of modern…
[ad_1] Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has currently been showing signs of a potential upside move as key indicators turn bullish. This positive momentum which may be triggered by an increase in the market buying pressure has led to a growing optimism about the digital asset’s near-term prospects. In this article, As ETH continues gearing up for significant gains we will be diving into the key indicators signaling this upside potential, and discuss what this could mean for Ethereum’s price trajectory. Technical Indicators: Key Signals Pointing To An Upside Move Currently, the price of ETH on…
[ad_1] Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience…
[ad_1] Institutional investors have been buying the dip following Bitcoin’s recent downtrend. This is evident in the increased demand for the Spot Bitcoin ETFs, which recorded their best weekly outing in a long while. Spot Bitcoin ETFs Record Best Inflows In Over A Month According to data from JPMorgan, the Spot Bitcoin ETFs witnessed their best inflows in over a month, with $882 million flowing into these funds in the week that ended July 11. This represents their best weekly inflow since May 23, when they recorded weekly net inflows of $1,022. Interestingly, an addition of the $310.1 million net…
[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…