Real Vision analyst Jamie Coutts says that Solana (SOL) is likely preparing for its next leg up to higher prices.
The Ethereum price started the new week by extending last week's gains, which kicked off after it bounced off support at $2,350. This run has seen the Ethereum price now pushing towards resistance at $2,800, which the bulls look forward to breaking before the week runs out.
The Solana Price could enjoy a 26x increase from its current price and rise to as high as $4,500. This is based on an analysis of a cup and handle pattern that just formed on the coin's chart.
Solana (SOL) closed the previous week on a bullish note and has continued its upward trend into the new week, with market data highlighting an increase in positive sentiments.
More crypto ETFs might not ever be approved if Kamala Harris wins the presidential election.
Ethereum (ETH) has been making headlines as its price climbed past a crucial resistance level, signaling renewed investor interest and potential for further gains. Over the past week, Ethereum has consistently tested the resistance around $2,650, and after days of buildup, the cryptocurrency successfully broke through.
Bitcoin approached $70,000 at the start of the Asian morning before retreating and the jump led to gains among the broader crypto markets. Ethereum creator Vitalik Buterin proposes the 'Scourge' upgrade amid centralization risks.
Scroll Layer-2 protocol has released the tokenomics of its first airdrop campaign to reward early contributors.
Solana meme coin factory Pump.fun launched a new trading bot—and revealed that it will launch a token with a likely airdrop attached.
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The crypto market is gradually restoring its ‘Uptober' sentiment as Bitcoin prices drive a high momentum rally towards $70,000. This renewed momentum has led crypto analysts to predict a bottom formation for Ethereum with a potential surge towards $4,000.
VanEck has launched staking for its Solana exchange-traded note (ETN) VSOL in the European market. Matthew Sigel, head of digital asset research at VanEck, confirmed the rollout on Oct. 21.
As VanEck's Solana ETN begins offering investors passive income in the EU, the asset manager awaits input on an application in the U.S.
The asset has outperformed Bitcoin in the past seven days.
VanEck just activated staking for its Solana exchange-traded note (ETN) in Europe, and it's now managing $73 million in assets. Staking lets investors earn rewards without extra effort.
Since the Fed's rate cut last month, Bitcoin has outpaced Ethereum, driven by stronger demand and institutional adoption, analysts said.
Here's why some analysts are bullish on ETH and a likely swing above $3K.
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Solana whales now control 57% of the supply, as Open Interest spikes by 40% to
VanEck introduces automated Solana staking in its ETN for European investors, offering daily rewards and enhanced security. The post VanEck introduces Solana ETN staking to European investors appeared first on Crypto Briefing.
After 17 consecutive weeks of inflows, multi-asset products faced outflows of $5.3 million.
Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct.
TL;DR VanEck has launched a Solana ETN in Europe, now including the automatic staking feature. The managed assets reach $73 million, and the rewards will be automatically added to the value of the SOL token. The non-custodial approach ensures that the tokens remain under the control of the custodian, reducing counterparty risks.
Asset manager VanEck has announced that its Solana exchange-traded note available to investors in Europe now includes staking.
VanEck, one of the leading asset management companies, has recently announced a significant innovation for its Solana Exchange Traded Notes (ETN) offered in Europe. Investors who purchase the VanEck Solana ETN can now benefit from staking, a feature that opens up new earning possibilities within the growing cryptocurrency ecosystem.
A new week has started with ongoing bulls' dominance, according to CoinMarketCap.
TL;DR Digital Asset Flows: $2.2 billion in inflows were recorded, the highest figure since July, driven by US election optimism. Bitcoin Dominance: Bitcoin led inflows with $2.13 billion, while Ethereum and some altcoins also saw minor increases. Regional inequality: The US showed positive inflows of $2.3 billion, in contrast to smaller outflows in other markets.
In a bid to address the needs of its growing customer base, commission-free brokerage Robinhood has initiated transfers for Solana (SOL). This move is significant for both Robinhood and Solana, as the flexibility in handling SOL can bring value to both ecosystems.
69% of all ETH addresses are in profit, representing a 6% increase within seven days.
VanEck Solana ETN in Europe now supports automatic staking, with rewards integrated into the token equity.
Buterin advocates for a “futures-style” reward system to promote fairness among validators. Dynamic block sizes could optimize transaction processing based on network demand.
Bitwise CEO Hunter Horsley has explained why he believes recently launched spot Ethereum exchange-traded funds (ETFs) have seen significantly lower trading volumes and inflows compared to their Bitcoin counterparts. In an Oct.
In a turnaround, the Solana price has affirmed a break above the $160 multi-month resistance, with a 5.84% jump.
The launch of spot Ethereum exchange-traded funds (ETFs) has not met the high expectations set by their Bitcoin counterparts, leading industry experts to analyze the underlying reasons. Since their inception on July 23, all spot ETH ETFs have seen outflows of $463 million, according to Farside Investors data.
The Ethereum co-founder warned that economic pressures could allow large stakers to dominate the network, in a new blog post.
Solana's price has displayed huge strength since the start, but the past weekend cleared the strong barrier preventing it from reaching $180. The token quickly surged above the crucial resistance zone between $159 and $161 at times when the volume remained restricted within a range.
Solana has faced challenges recently, experiencing a decline of about 45% from its all-time high. Despite this setback, recent technical developments indicate that SOL might be preparing for a rebound.
Hedera joined Solana as a top performer, rising 5.6% over the weekend.
Vitalik Buterin addresses Ethereum's centralisation risks with new staking and block production solutions in his latest blog.
Buterin explained that staking centralization is “one of the biggest risks” the network faces, referencing two entities building 88% of Ethereum blocks.
The price of Ethereum (ETH) today is as of . Ether prices hit a daily high of today after dropping % on.
Is the rapid ascent of GNON and other memecoins tarnishing Solana's reputation?
TL;DR Vitalik Buterin proposes strategies to prevent staking centralization in Ethereum's ‘Scourge' upgrade, focusing on mitigating risks associated with PoS centralization and Maximal Extractable Value (MEV). Key solutions include implementing an encrypted mempool to prevent transaction censorship and introducing a two-tier staking system to manage capital provision and reduce risks.
The stock of Sol Strategies (CSE: HODL) has posted a 270% monthly gain today, following the Canada-based Solana validator's rebranding from its original name of Cypherpunk Holdings.
On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend.
Bitcoin (BTC) registered its best week in over a month, with its price up almost 8% as the world's largest cryptocurrency edges towards the $70,000 mark. BTC is currently trading just under $69,000 and has been up almost 1% in the past 24 hours.
Solana (SOL), a popular alternative cryptocurrency and arguably one of the most hyped digital assets of the year alongside Bitcoin, saw a big spike in fund flows into ETPs based on the altcoin last week.