Solana Leads Crypto Market Gains, How Long Will This Continue?
Solana (SOL) has been ahead of the rest of the crypto market when it comes to gains. The market had seen renewed interest following the holidays which led to a small recovery here and there especially for the large players but Solana had been able…
Biggest Movers: SOL up 15%, as Bullish Sentiment Continues to Rise
Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shifted in a bullish direction. Cardano was…
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the…
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes
Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and…
Bitcoin Price Plays Catch-Up With Altcoins, Why $28,000 Is A Key Level
The Bitcoin price is finally seeing some profits, but it seems weak compared to other crypto assets. The macroeconomic environment is waking up, shaking things across all asset classes. As of this writing, the Bitcoin price trades at $16,800 with…
Ethereum Stakers In Massive Loss As 80% of Staked ETH Is In The Red
The bear market has resulted in multiple losses for individuals and even large entities, and according to recent data shared by crypto analytics site, Dune analytics, the majority of all ETH stakers are in the loss while fewer stakers remain in the…
Brace For Impact? Bitcoin Open Interest RSI Forms Bearish Divergence
On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value. Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently As pointed out by an analyst in a…
Hackers steal $3.5M worth of digital assets from GMX whale
The hackers took control of 82,519 GMX tokens and exchanged the assets for 2,627 Ether, and then transferred the assets to the Ethereum network using Hop Protocol and Across Protocol.
Cardano (ADA) Price Soars By 5% As Buying Pressure Mounts
The Cardano (ADA) token marked a two-year low at $0.239 as recently as December 30 but has since experienced a sustained upswing that catapulted the price to $0.264 at press time. Within the last 24 hours, ADA is recording an increase in price of…
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license…
This Needs To Happen For Bitcoin And Ethereum To See A Bullish 2023
The year 2023 is starting off better for Bitcoin and the broader crypto market than last year ended. Even though most crypto prices are still trading in a very depressed, narrow range, BTC is at least showing a year-to-date performance of 1.55% and…
Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue
Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimism: OP price spikes by 5.76% OP down in…
DeFi auditor nets $40,000 for identifying Uniswap vulnerability
A security firm flagged a now-fixed vulnerability to Uniswap, highlighting the potential for reentrancy attacks on the protocol’s Universal Router smart contract.
World Economic Forum Believes Crypto Will Remain Key Technology
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a…
Avalanche: Will 2023 Bring A Fruitful Recovery For The AVAX Ecosystem?
The 2022 crypto bear market left a deep mark on the Avalanche ecosystem. AVAX, the native token of Avalanche, dropped by a whopping 89.5%, leaving many investors scratching their heads. However, the token has seen some rebound. According to…
Internet Computer (ICP) Sheds 5% In Last 24 Hours As Bulls Lose Aggressiveness
With more than $1 billion in market cap, Internet Computer is part of the top 50 cryptocurrencies according to CoinGecko. Although the crypto market is certainly bullish on the token, the positive sentiment on the crypto has not reflected in the…
Square Enix to Deepen Its Blockchain Efforts in 2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves…
'Binance is the crypto market': Arcane crowns the exchange 2022's winner
Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022.
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