Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.
XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.
The number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
Can Solana's demand sustain its bullish trend? Whales may have their say.
The Cardano (ADA) community rallied to support Charles Hoskinson, the blockchain's founder, following sharp criticisms on X (formerly Twitter). The debate began on Saturday when a user by the handle “Dclay” posted asking for Hoskinson's involvement in the project.
Solana (SOL) has seen a laudable growth in its transaction volume metric. Per the experienced growth, this metric peaked at around $224 billion in a single day.
VanEck said the Solana (SOL) network's high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm's latest analysis comes in response to speculation that Solana's numbers are inflated by wash trading in memecoins.
The Cardano (ADA) community has rallied to defend the network's founder, Charles Hoskinson, following an online dispute ignited by harsh criticisms.
The cryptocurrency market is gearing up for a potential bull run amid investors' bullish anticipation for the U.S. presidential election, and Bitcoin is inching closer to All-time-high. Amid the renewed uptrend, prominent crypto analysts have set an ambitious $1,000 target for SOL.
Trolling drives Cardano's Hoskinson to reconsider his social media use as he seeks a healthier way to engage with the ecosystem.
Can a memecoin endorsement really shake the foundations of Cardano?
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As the crypto market potentially prepares for a new bull run, investors are closely examining projects that offer exceptional performance as well as solid and innovative use cases. In this volatile universe, cryptocurrencies like Solana (SOL), Cardano (ADA), and XRP could stand out, as they combine speed, scalability, and adoption in the financial sector.
Cardano (ADA) price, a proof-of-stake blockchain platform, has seen notable price swings over the past day following a market correction. The altcoin trades have heightened volatility, with cryptos reflecting the recent ups and downs.
Solana whale recently sold nearly $44 million worth of SOL tokens, raising questions about the future trajectory of the asset. Despite the selloff, market sentiment towards Solana (SOL) remains surprisingly optimistic, indicating that this could be just the beginning for the cryptocurrency.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
TL;DR Charles Hoskinson, founder of Cardano, revealed details about his personal investment in the development of the blockchain, emphasizing his commitment to the project. Charles addressed the demands for transparency within the Cardano ecosystem and discussed the financial sacrifices he has made for the community.
The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.
The rates of most of the coins have come back to the green zone, according to CoinMarketCap.
The cryptocurrency market is experiencing a wave of uncertainty, and Cardano (ADA) is feeling the impact. Currently priced at approximately $0.33, ADA has seen a decline of 4.8%, which mirrors the downward trend observed in other cryptocurrencies, including Bitcoin, which has recently dipped below $68,000.
Cardano Founder Charles Hoskinson has addressed calls for transparency within the blockchain's ecosystem. In a short video excerpt shared by Plutus Staking on X, Hoskinson clarified for users the sacrifices he has made for the community.
The latest crypto high-profile platform to be targeted by the bad guys is Metawin. According to reports, hackers broke into the withdrawal system of the crypto site and stole more than $4 million worth of digital assets.
October saw a bullish surge in the crypto market, but the final week left investors disappointed as altcoins faced significant drawdowns. With November now underway, investors are eager to know if this trend will continue.
TL;DR Last week, digital asset investment products saw inflows of US$2.2 billion, bringing the total to US$29.2 billion so far this year. Euphoria surrounding a possible Republican victory in the US elections drove these flows, although small outflows were seen on Friday as polls changed.
This year, 2024, will go down as a very good year for Solana which, on every meaningful metric, has put every other chain in the shade.
In a surprise ‘ask me anything' (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary' prospect of integrating ADA with Bitcoin (BTC).
Solana has dipped by 0.5% today, yet a new craze for Peanut the Squirrel-themed meme coins could help it recover quickly. The post Solana Meme Coin Craze Explodes After Peanut the Squirrel's Viral Story – Will SOL Price Follow? appeared first on Cryptonews.
Return to our section on prices and news in the crypto world, the assets featured today are: Ripple (XRP), Cardano (ADA), and Toncoin (TON).
Cardano (ADA) is currently navigating a challenging market landscape, having faced significant pressure from bearish sentiment in the past week. As investors assess the situation, there are emerging indicators suggesting that a breakout could be on the horizon, potentially leading to substantial gains for ADA.
Cardano (ADA) has once more dropped below the crucial $0.3389 support level, sparking fears of an extended bearish phase. This level has previously held strong as a line of defense for ADA, but its recent breach suggests that sellers may be gaining the upper hand.
Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?
Sui has emerged as a noteworthy competitor in 2024, recently eclipsing both Solana (SOL) and Ethereum (ETH) in terms of net inflows. This significant achievement not only highlights Sui's growing influence but also raises questions about the future trajectory of its price amidst current market dynamics.
Solana's rapid growth, driven by meme coin trading and user engagement, highlights its competitive edge over Ethereum in user activity and transaction efficiency.
Solana's price has slid another 8% over the past week, casting further doubt on its chances of recovering above the $200 mark as 2024 draws to a close.
The price of Cardano (ADA) fell below the moving average lines on October 25. The cryptocurrency fell to a low of $0.31 and continued its sideways trend.
Solana (SOL) price remains in a consolidation phase, reflecting the broader cryptocurrency market's sluggish momentum. Despite a robust surge last month, SOL has since moved sideways with no clear breakout signals.
Cardano price action has been lackluster over the past few weeks. It has moved within a range, facing resistance at $0.40 and finding support at $0.31.
Latest updates on the coins BCH, SOL and .
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
Solana's DeFi ecosystem reaches $5.7 billion TVL in Q3 2024, driven by Kamino Finance's growth, high user activity, and increased institutional interest despite fluctuations in DEX trading volumes.
Onchain data shows that Solana had over 123 million active addresses on the network last month, reaching its highest level.
In an analysis shared on X, popular crypto analyst Gum (@0xGumshoe) is projecting that Solana (SOL) could ascend to $500 by the conclusion of this bull run. This bullish forecast hinges heavily on the outcome of the US presidential election, slated for November 5th, and the potential policy changes that could follow.
A Solana smart whale has once again sparked a buzz across the broader crypto space on Monday, selling nearly $44 million worth of SOL and making colossal profits. Recent on-chain data suggests that a smart whale bagged nearly 0.5 million coins previously, selling some of it now to make massive profits.
A multi-month bullish pattern on ADA raises hopes for a 90% rally: analysis and prospects.
The unexpected euthanization of Peanut the Squirrel by New York state officials has sparked outrage on social media, leading to a surge in Peanut-themed meme coins.
Solana continues to prove that it's one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities.