The Fed did not increase interest rates during its meeting held last Wednesday. However, the US central bank said the rates could stay as they are for an undefined period. While delivering…
Category: Solana
FTX Seeks $157 Million Against Hong Kong Affiliate Ex-Employees
The embattled crypto exchange FTX filed charges alleging four ex-employees leveraged their connections to withdraw funds at the onset of FTX’s instability. The court filing indicates that the ex-staffers were privy to…
Price Analysis September 6th – BTC, BNB, SOL, ETH, TON, and XRP
After a brief rally on Tuesday last week, the crypto market has seen losses over the past few days. The price drop is largely fueled by the United States Securities and Exchange…
MakerDAO Co-Founder Hints at Adopting the Solana Codebase for His Project’s Native Blockchain
After months of updates on the MakerDAO protocol, the process is almost coming to an end, according to the project’s co-founder, Rune Christensen. He says the last step involves building a native…
Solana Co-Founder Wants FTX to Distribute Its SOL Holding to Customers
Bankrupt cryptocurrency exchange FTX may be planning to dump its massive Solana holding based on the recent token transfers from its various wallets. Data on Solscan, a blockchain explorer, indicates that the…
Tether Retains $3.29B Liquidity Cushion to Guarantee USDT Stability.
The transparency report released by the stablecoin issue Tether on Thursday, August 24, reveals a $3.3 billion liquidity cushion. The report discloses that Tether’s total assets are estimated at $86.1 billion, with…
Price Analysis August 15th – BTC, BNB, XRP, ADA, DOGE, SOL, and ETH
Since the start of the month, BTC has traded within a considerably tight range. The longer it stays there, the stronger the breakout will be. However, it is still unclear when the…
Price Analysis August 2nd – BTC, DOGE, ETH, BNB, XRP, ADA, and SOL
Expectations that the Federal Reserve will soon end its tough monetary policies have caused the S&P Index to rise by 3% over the last 30 days. However, the bullish mood around traditional…
Congressman Torres Tasks SEC Chair to End Reckless Regulatory Assault on Crypto
New York politician Ritchie Torres penned an open letter to the US Securities and Exchange Commission (SEC) chair Gary Gensler. The Democrat congressman escalated his disapproval of SEC’s preference for regulatory by…
Bitcoin Dominates Flow of Institutional Funds with the Largest Consecutive Weekly Inflow
A review of the institutional investment in cryptocurrencies by CoinShares shows Bitcoin sustaining its dominance. CoinShares observed the digital asset investment attracted $137 million in inflows in the seven-day week. The investment…
Price Analysis July 6th – BTC, BNB, ADA, DOGE, SOL, XRP, and ETH
Despite Bitcoin falling below $31,000 today, investors remain confident that the coin will rally again in the next few days. The latest report by crypto firm CoinShares indicates that over $330 million…