Much of that energy is driven by rampant speculation. Some of the most popular cryptocurrency assets currently trading on Solana are dog-themed meme coins. However, airdrops are also driving many traders to test Solana-based lenders, bridges, and other infrastructure.
Author: Crypto Flexs
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On Saturday, Solana (SOL), the token of smart contract platform Solana, surpassed the $100 threshold and achieved weekly growth of over 36% against the US dollar. Investor sentiment for Solana (SOL) has strengthened since former FTX CEO Sam Bankman-Fried was found guilty on multiple charges on November 2, 2023, and Solana (SOL) has remained strong throughout the year. ), investor sentiment was overwhelmingly positive.advertising Solana’s Mayoral Victory In the past year, Solana (SOL) has seen an impressive gain of 764% against the US dollar, surpassing the $100 milestone on December 23, 2023. This price range for SOL has been unprecedented…
Solana continues to soarOn Thursday, Solana’s price surged double digits, with total trading volume reaching $1.2 billion (24 hours), surpassing Ethereum’s $1.1 billion. This is the first time that Solana’s total trading volume has exceeded that of Ethereum.Solana has increased from: 38% last week; more 62% last monthand more 690% compared to last year After declining interest in the NFT market and then declining Solana’s price over the past 1.5 years, it is currently making a massive comeback.Solana is designed to process thousands of transactions per second, purpose-built for Dapp development, and has low transaction fees, making it a strong…
We are excited to announce that Kraken now supports new margin pairs. Optimism (OP), Synthesis (SNX), Rosacea (INJ) and Celestia (TIA)! Margin trading is now available for the pairs below: OP, SNX and TIA. fair basepair nameAvailable LeverageLong position limit Short position limitOPOPUSD2X1400014000SNXSNX USD2X75007500INJINJUSD3X16001600INJinjury2X15001500TiaTIAUSD3X30003000 Here’s what you need to know about assets: Optimism (OP) It is a layer 2 scaling solution implemented on the Ethereum network. It alleviates congestion on the Ethereum mainnet and lowers transaction fees by aggregating multiple transactions using a technique called optimistic rollups. OP is Optimism’s native governance token, allowing OP token holders to participate in…
The following is a guest post by John deVadoss, co-founder of InterWork Alliance.Act 1: A new institution emerges from the crisis.On July 30, 2008, the American Housing and Economic Recovery Act was officially signed into law to address the subprime mortgage crisis (which triggered the then-ongoing global financial crisis). Two weeks later, on Monday, August 18, 2008, the bitcoin.org domain was registered.In November 2008, quantitative easing was implemented and the US Federal Reserve began purchasing mortgage-backed securities. In January 2009, the Bitcoin code was released as open source, and by March 2009, the Federal Reserve held close to US$2 trillion…
BNB, the native token of the Binance exchange, has grown to become one of the largest cryptocurrencies in the world. At its current price of $260, its market capitalization exceeds $39 billion, making it the fourth-largest asset on the market. However, despite the notoriety that cryptocurrencies have gained during this period, one cryptocurrency analyst is still predicting a massive price crash that could shake the entire cryptocurrency market to its core. BNB long-term distribution points may crash In an initial analysis published on the TradingView website on Tuesday, December 19, cryptocurrency analyst Alan Santana noted that the BNB token was…
Recent developments in the cryptocurrency space have added to the excitement. According to reports, the Securities and Exchange Commission (SEC) is on the verge of approving the first Bitcoin exchange-traded fund (ETF) in the United States. This significant move, following a pivotal conference call with ETF competitors, represents a potential catalyst. Targets the entire cryptocurrency market. The implications extend beyond Bitcoin and could potentially have serious implications for altcoins. In this article, we review the current trends, key technical indicators, and price predictions for Ethereum (ETH), Solana (SOL), and Litecoin (LTC). At the same time, the collaboration between StealthEX and…
Posted 1 minute ago In ~ Coinbase has released a response to a letter from Senator Elizabeth Warren that accused the company of resisting regulation by hiring former government and law enforcement officials in a “revolving door” system. In response, Coinbase condemned Warren’s accusations as “an intentional misrepresentation of our intentions and efforts,” adding that the people hired represent “top talent at every level” and that Coinbase is a “responsible leader in the cryptocurrency space.” claimed to support “regulation and legislation.” In a letter published by Chief Policy Officer Faryar Shirzad, Coinbase praised its Global Advisory Council, which “provides us…
The U.S. Securities and Exchange Commission (SEC) has fined BarnBridge DAO (BOND) and its founders more than $1.7 million for offering unregistered cryptocurrency asset securities. The SEC said BarnBridge, a decentralized finance (DeFi) protocol, marketed and offered a product called the “SMART Yield Bond” and compared it to asset-backed securities. A BarnBridge white paper advertised that SMART Yield bonds would “reflect the safety and security of highly rated debt products offered by traditional finance” while delivering “significant” returns. Regulators allege BarnBridge also operated the SMART Yield pool as an unregistered investment company. In total, SMART Yield has secured more than…
October 31st Bitfinex partners with Torogoz Dev to fund Bitcoin and Lightning developer training. Posting time: 16:00h From media materials by Ricardome Road Town, British Virgin Islands – October 31, 2023 – Bitfinex (https://www.bitfinex.com/), a cutting-edge digital asset trading platform, announced a new collaboration with Torogoz Dev to mark the 15th anniversary of the publication of the Bitcoin white paper. is an educational program based in El Salvador that focuses on providing technical training in Bitcoin and Lightning Network development. Following El Salvador’s landmark decision to declare Bitcoin a legal tender in 2021, there is significant demand for educational resources…