During the ongoing market consolidation, the price of TRON coin was unable to stay above the $0.123 mark. The increased supply pushing against this resistance formed a new high point, indicating a potential shift from “buy on dips” to “sell on rallies” mentality among traders. Consequently, the TRX price experienced a 1.8% decrease and approached … Read more
The market value of most meme coins on prominent blockchains, including those in the top 100 cryptocurrencies, has significantly decreased. For instance, the ecosystem surrounding Solana’s meme coins was negatively impacted, with some experiencing a 25% loss in value overnight. Solana (SOL) meme coins in red; MEW, MYRO, BONK affected Yesterday, the group of meme … Read more
Anatoly Yakovenko, the founder of Solana, used X to set the record straight about some misunderstandings surrounding Solana’s Stake Weighted Quality of Service (SWQoS) system. Strategies To Boost Transaction Inclusion Likelihood on Solana On Friday, Austin Federa, the Communications Head at Solana Foundation, shared some strategies to enhance the chances of transactions being processed on … Read more
In more simple terms, AI technology is bringing modern advances to various industries, with the banking and finance sector being the newest adoption. As reported by CNBC, both large and small banks are considering integrating AI into their operations to enhance customer interaction. Local Banks to Adopt AI According to CNBC’s report, the pandemic accelerated … Read more
In recent crypto market activity, Litecoin, often referred to as the lighter alternative to Bitcoin, has gained attention. This digital currency boasts distinct characteristics and recently reached a significant achievement. However, the value of Litecoin tells a separate narrative. In this blog, let us discuss what is happening with the Litecoin price. Litecoin Price Analysis … Read more
According to a recent report by Punch, a Binance executive named Nadeem Arjarwalla, who had escaped from custody in Nigeria, is now believed to be in Kenya. The Nigerian authorities are reportedly working on extraditing him from Kenya. Based on the findings in the report, it was revealed that Arjarwalla hid after arriving in Kenya. … Read more
Uniswap, a decentralized cryptocurrency exchange, is currently under the scrutiny of the Securities and Exchange Commission (SEC). This week, the SEC sent a warning to Uniswap about potential regulatory actions against the company. A Wells notice is a formal communication used by financial regulators to alert companies that they may face enforcement actions in the … Read more
Buyers do not seem ready for a midterm rise yet, according to CoinStats. XRP/USD The price of XRP has dropped by 8.71% since yesterday. On the hourly chart, XRP‘s price is fluctuating between the support of $0.5394 and the resistance of $0.5490. If buyers cannot hold onto the intermediate level at $0.5450, a potential sell-off … Read more
An expert in cryptocurrencies has shared his optimistic outlook on Dogecoin‘s (DOGE) price for April 20, known as DOGE day among its followers. This forecast from the analyst increases anticipation within the DOGE community as they prepare to celebrate this significant date. DOGE’s Price To Hit $0.26 On Doge Day Myles G, a crypto analysis … Read more
Although Matrixport had forecasted large investments from mainland China into Hong Kong Bitcoin ETFs, recent statements from several ETF issuers debunked this theory. These issuers explained that mainland Chinese investment funds are not permitted to buy shares in cryptocurrency-related ETFs due to regulatory restrictions. Some representatives of Bitcoin ETF issuers in Hong Kong informed WuBlockchain … Read more