Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana's inability to keep up with the market's recent surge.
Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil.
Solana has revealed a major update for the developers, cutting costs by 1000X for them. In a recent update, the leading crypto player announced that the ZK Compression is live on its mainnet now.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED. Community Alert: A number of large accounts on X currently have their account compromised and are posting a meme coin scam.
Church of Smoking Chicken Fish evolved from a memecoin into a church. Now, it faces infighting and rug-pull accusations.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains.
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Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Solana has been one of the top-performing assets in recent years, establishing itself as a suitable choice for trading and long-term investment. Following a six months consolidation, the Solana price prediction is positioned for directional rally leaving investors curious—what could a $5,000 investment in this altcoin turn into if the SOL price surged by 1,000%?
As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period.
Matt Hougan remains optimistic about Solana ETFs despite multiple setbacks.
Circle, a stablecoin issuer, has expanded its reach in Latin America by offering USD Coin (USDC) in Mexico and Brazil.
The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.
Currently trading at approximately $132, SOL has experienced slight volatility due to broader market uncertainty, particularly surrounding anticipated interest rate cuts. However, the developments surrounding Solana could indicate an impending breakout.
This new feature allows institutions to stake their SOL safely while earning rewards, all through an off-exchange settlement process. In other words, they can keep their SOL secure with Binance's partner, Ceffu Global, and still enjoy the benefits of staking.
Pastor Kelby has been ousted from the Church of the Smoking Chicken Fish, following a number of allegations surfacing.
The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.
DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.
Solana has fallen by 1.5% in the past 24 hours, with the SOL price moving to $130 as Bitcoin gains by over 2% today and most other major alts suffer similar drops.
Binance has launched a promotion allowing users to earn up to 104 USDC through deposits or crypto purchases. The promotion runs from September 19 to October 17, 2024.
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.
MagicBlock has raised $3 million in pre-seed funding to advance its onchain gaming engine, backed by Andreessen Horowitz.
Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 18.
Solana's price has fallen below a key support level, closing several daily candles under the 200-day EMA for the first time since September 2023.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
Cardano has overwhelmingly won the vote on which altcoin has the best technology according to a recent survey by Weiss Crypto, a reputable ratings agency for cryptocurrencies and financial organizations. Cardano received more than 76% of the votes significantly surpassing both Ethereum (6.7%) and Solana (8.1%).
Sui has recorded an impressive price rally last day following the integration of native USDC on the platform. At the time of writing, Sui (SUI) was still up 10% over the past day, exchanging hands at $1.
This means companies can access USDC directly from local banks, making it easier and faster to use digital dollars for business. No need to send money overseas and wait for it to clear – now it can happen in just minutes instead of days.
Circle announced new integrations with local payment systems in both Brazil and Mexico.
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange.
Justin Bons, CIO of Cyber Capital, strongly dismissed comparisons between Solana and Terra Luna, arguing that Solanas inflation control and burn rate make it a much more sustainable project. He highlighted Solanas resilience amid recent criticisms.
Inflows to Solana investment products totaled $3.8 million last week, suggesting rising demand.
Phantom announces a new username feature, allowing users to send crypto easily.
SUI, the network's native token, is up over 10% following the news and currently exchanging hands for $1.15.
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.
USDC is now available through traditional financial institutions in Brazil and Mexico after the issuer Circle connected the stablecoin to banking rails in the countries. In a release, Circle said it connected USDC to SPEI, a system powered by Banco de Mexico and PIX, the payment systems launched by the Central Bank of Brazil.
The Bridged USDC Standard support offers greater ease for developers and security for users.
A crypto project that made waves last year with its iris-scanning technology has made its way to a new blockchain. According to a new blog announcement from Sam Altman's Worldcoin (WLD), the identity-focused project is making the jump to Solana (SOL) via the Wormhole interoperability platform.
Today, Cyber Capital founder and CIO Justin Bons came to the defense of Solana (SOL). He addressed concerns that have emerged regarding its economic design.
Solana (SOL) price has been struggling amid a bearish trend across the broader cryptocurrency market. However, the underlying fundamentals show strength and could support a price rebound.
Solana price showed a modest 0.65% surge during the Tuesday market recovery to trade at $132. Despite the uptick, the daily candle shows a long-wick rejection, indicating the pressure of overhead selling and the potential for further correction as the death cross approaches.
The Sui Foundation has announced a new partnership with MoviePass, the U.S.-based movie subscription service. According to a press release shared with crypto.
Circle has enabled support for local bank transfers for USD Coin (USDC) in Brazil and Mexico through their national payment systems, PIX and SPEI, respectively, according to a Sept. 17 press release.
Circle, the firm behind the USDC (USD Coin) stablecoin, has now entered Brazil and Mexico. Such a move is a major boost towards providing faster and cheaper digital dollar services to businesses in two of the largest Latin American economies.
Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos.
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