Osprey Funds is assisting the Solana meme coin team in launching the ETP in the US. The team has also announced plans to launch the ETP before the year ends.
Travala doubles down on expansion, integrating with Solana to extend support beyond Ethereum and BNB.
Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.
The centralized digital asset exchange launched its version of wrapped bitcoin last week, after having teased the token in August.
In the past two weeks, the cryptocurrency market experienced significant growth across most major altcoins, spurred by speculation around the U.S. Federal Reserve rate cuts. During this market rebound, Solana, Dogecoin, and BNB Coin attracted significant investor attention due to their respective developments.
Global financial giants Franklin Templeton and Citigroup are turning to Solana for next-gen financial services, highlighting the blockchain's growing prominence in decentralized finance (DeFi).
Ethereum hits a 40-month low against Bitcoin as traders lean towards BTC, driven by contrasting market sentiments and ETF inflows.
Travala, the crypto-native travel platform, announced the integration of Solana, allowing for its users to make bookings in SOL, USDC, and USDT.
TL;DR “Based Rollups” could transform Ethereum's economic structure by aligning incentives between layer-2 solutions and layer-1 validators. This approach uses layer-1 validators for transaction processing, unlike other rollups that employ their own sequencers.
The Ethereum price bounced from $2220 to $2550 in the last two weeks, registering a 15.3% growth. The bullish narrative largely followed the market speculation for the U.S Fed interest rate, replenishing investors' interest in risky assets like cryptocurrency.
Real World Asset (RWA) tokenization is making waves and the top industry players have their eyes on the next shift in the blockchain industry. At the Breakpoint 2024 event, Anthony Scaramucci from SkyBridge Capital said that tokenization will play a pivotal role in transaction verification, and Solana will play a critical role in the industry.
Ethereum (ETH) remains a focal point for traders and investors. Recently, ETH has seen a substantial increase, with its price rising by over 5% in the last 24 hours.
Ethereum's next major update Pectra will make substantial changes to gas fees, validator staking, and more. Here's what to expect.
Popular crypto analyst Peter Brandt has unveiled a bullish outlook for Solana predicting the prominent altcoin may be set for a significant price surge in future weeks. This price forecast comes in a glaring contrast to Brandt's recent prediction where the analyst had expressed fears over Solana suffering a major price fall.
Cryptocurrency analyst Benjamin Cowen is forecasting that Ethereum could be in the process of carving cycle lows against Bitcoin (ETH/BTC). In a video update, Cowen tells his 813,000 YouTube subscribers that based on historical precedent, the bottom for the Ethereum/Bitcoin pair is close at hand.
Anthony Scaramucci has confirmed being a Solana holder and once again predicted massive tokenization.
With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.
Recently, the top altcoins, such as Ethereum, BNB, and Solana, have demonstrated remarkable performance. Notably, Solana has shown a seven-day change of 7.5%. The performance of altcoins, especially Solana, has captured the attention of many.
Ethereum eyes liquidity at $2,616 level, fueled by whale activity and bullish market trends.
Ethereum (ETH) is not the best solution for payments, according to PayPal's Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte.
The crypto market is full of surprises where sudden changes and new movements are common, especially with the XRP price due to the lawsuit. However, the last few days focued on recovery for popular cryptocurrencies like XRP, Ethereum, and many others.
The market dynamics are changing to some extent after the Fed rate cuts surprised the entire traditional financial space. The Bitcoin price triggered a significant run, but the altcoins are on the verge of outperforming the top tokens as Ethereum traded at a lowered pace till now.
The U.S. Securities and Exchange Commission (SEC) achieved a significant victory when Judge Reed O'Connor dismissed the lawsuit filed by Consensys.
Coinbase's expansion of cbBTC to Solana could significantly enhance DeFi activity and Bitcoin utility on the Solana blockchain. The post Coinbase confirms plans to bring cbBTC to Solana appeared first on Crypto Briefing.
Powerledger's co-founder John Bulich believes the expansion emphasizes "that sustainability is a common goal that transcends ecosystems.”
Solana's Seeker, set to launch in 2025, aims to redefine the crypto smartphone market with improved hardware, enhanced Web3 capabilities, and a focus on being an all-in-one platform for DeFi, payments, and gaming.
Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high.
Real World Asset (RWA) tokenization has recently taken center stage with some of the top industry players focusing on this next shift in the blockchain industry. While speaking at the Breakpoint 2024 conclave, SkyBridge Capital founder Anthony Scaramucci said that tokenization will play a massive role in transaction verification, with Solana playing a key role
Ethereum is firm when writing but continues to underperform versus Bitcoin. Though ETH is floating above $2,400, and may even break above $3,000 in the coming years, the rapid strengthening of the world's most valuable coin, on the other hand, might push the ETH/BTC ratio to multi-month lows.
Travala has integrated with Solana, expanding cryptocurrency booking support beyond Ethereum and BNB Chain.
In an interesting piece of data shared by a popular analyst, Stockmoney Lizards has shared his bold opinion on Ethereum's future, claiming that the once-dominant smart contract platform might be losing its relevance.
The crypto prices today have shown considerable resiliency, preventing downside momentum. Bitcoin (BTC) held the $62K mark, whereas Ethereum (ETH) and Solana (SOL) traded prominently in the green territory.
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties.
Following the success of multiple tokens launched on the blockchain in 2023, Solana meme coins have become a major staple of the crypto investing community. With the likes of Dogwifhat, BONK, and POPCAT recording major gains for investors, it has led to the hunt for other tokens that could replicate the same success.
Ethereum has recently captured the spotlight with a massive inflow of funds. Over the past few days, the second-largest cryptocurrency by market cap has seen more than 547,600 ETH—worth approximately $1.26 billion—transferred to various exchanges.
The Ethereum Foundation adds to its growing ETH sale count.
Over the last ten days whales have amassed over 380 million XRP worth roughly $228 million, suggesting that XRP is about to stage a bullish breakout. Large holders' substantial accumulation frequently reflects their belief in a future price spike.
Solana hits 5M daily users and welcomes Sky Protocol's launch, while Franklin Templeton announces a mutual fund on the network.
According to Steno Research, Ethereum's (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve's (Fed) decision to cut interest rates. It's Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn't had a particularly impressive 2024.
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
The veteran crypto mogul rivalry dates back a while, but this time it could turn into a cage fight.
Bitcoin layer-2 network, Stacks, will deploy its synthetic Bitcoin (sBTC) on the Solana blockchain. Stacks founder Muneeb disclosed this at the ongoing Solana Breakpoint Conference in Singapore, noting that this is an opportunity to bring the Bitcoin asset to faster rail.
A lawsuit lodged by Ethereum software giant Consensys against the U.S. Securities and Exchange Commission (SEC) and its five commissioners, including Gary Gensler, was tossed out by a Texas Federal judge on Thursday.
Some crypto observers have sounded the alarm on Solana (SOL), comparing the blockchain network to the ill-fated Terra token, Luna (LUNA), which collapsed in 2022, fueling a crisis that gripped the whole crypto industry.
Cryptocurrency markets are trading sideways, with Ethereum outperforming Bitcoin to end the week strong. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,907.07 -0.9% Ethereum (CRYPTO: ETH) $2,544.07 +3% Solana (CRYPTO: SOL) $146.17 +1.9% Dogecoin (CRYPTO: DOGE) $0.1048 -1.4% Shiba Inu (CRYPTO: SHIBA) $0.00001414 -1.1% Notable Statistics: IntoTheBlock data shows an increase of 10.5% in large transaction volume and a 4.8% surge in daily active addresses.
Ether's futures open interest jumps to a 20-month high, but leverage demand remains balanced.