Can Solana Flip ETH after Surpassing XRP and BNB?
Solana (SOL) rose 53% in the past seven days. It faces selling pressure with the daily RSI at 77. Solana, a blockchain platform once dubbed the “Ethereum killer,” is generating…
Bitcoin Slips Despite Deadline Set for ETF Issuers by SEC
SEC says first batch of Bitcoin ETFs depends on filing S-1 amendments by December 29, 2023.Presently, BTC is trading below $43,500 and the 100-hourly simple moving average.The United States Securities…
Ethereum Price Consolidates as Bullish Momentum Fades.
At the time of writing, ETH is trading at $2278, down 0.51% in the last 24 hours.If the price manages to go below $2257 then it will likely decline further…
BitMEX Co-founder Cautions Against Spot Bitcoin ETFs.
In a recent blog post, Hayes said that Bitcoin’s worth is due to the fact that “it moves.” There will be a dramatic drop in network activity and miners’ motivation…
EthereumPoW Shifts Gears: Core Team Disbands for Complete Autonomy.
The EthereumPoW blockchain is set to maintain PoW as its primary consensus, simultaneously adopting decentralized governance to transform into a public chain without a central deity.The EthereumPoW (ETHW) announced its…
Crypto Firms Boost U.S Political Donations Amid Regulatory Scrutiny.
Federal super PAC Fairshake received $78 million this week from crypto firms.The firms aim to back presidential candidates that have pledged to be pro-crypto leadership.Crypto firms are increasing their donations…
China Promoting Web3, Blockchain, Despite Crypto Ban.
Chinese authorities are spearheading a massive initiative in Web3 technology, promoting blockchain, NFTs, dApps and more. Chinese institutions propose an aggressive Web3 and blockchain plan. Authorities want to lead in…
Paxos Announces USDP Stablecoin Expansion on Solana; Unveils Public Launch Date.
Paxos’s Solana expansion was approved by NYDFS.The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously…
Coinbase’s Base Network Thrives with $734 Million TVL
Base’s TVL was close to $734 million, up 4.63% from the previous week.Major challenges have also been encountered by Base Network throughout this time.Although the rate of growth has slowed…
2 Bitcoin ETF Hazards: SEC Rejection and Competition From Funds.
The cryptocurrency industry faces two risks whether or not the SEC approves a Bitcoin ETF. Markets could crash if the SEC rejects it. But if it approves, crypto exchanges will…