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Category Archives: Solana (SOL)
The latest data from CoinShares indicates a substantial surge in capital inflows into cryptocurrency funds. For the sixth consecutive week, digital asset investment products have amassed inflows, this time amounting to $261 million. This influx has brought the total for the past six weeks to $767 million. This figure eclipses the $736 million seen throughout […]
Recent market data reveals an intriguing narrative for Bitcoin: the network saw over 700,000 new BTC addresses in a single day. This can be interpreted as a bullish signal, according to Glassnode co-founder Yann Allemann. This surge in network growth suggests an imbalance in market dynamics, with demand for Bitcoin outstripping the coins available for […]
Cardano is positioning itself as a contender among the top ten cryptocurrency chains by total value locked (TVL). With a substantial month-on-month increase, Cardano’s ascent shows a growing appetite among investors for alternatives to Ethereum and Solana. The top chains by TVL Ethereum continues to lead the pack with a TVL of $24.154 billion, despite […]
Over the past weekend, the crypto market witnessed the launch of approximately four hundred distinct GROK tokens by various anonymous developers. They collectively achieved a market capitalization soaring into the tens of millions of dollars, Fortune reports. The tokens capitalized on the buzz surrounding the introduction of Elon Musk’s AI chatbot called “Grok.” Of course, […]
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ADA, Cardano’s native token, has experienced a notable uptick in investment from heavyweight investors, according to data from analytics firm IntoTheBlock. Notably, this accumulation occurred within the $0.249 to $0.271 price range, marking an infusion of over $600 million into ADA at its current valuation. Recent changes in ownership An in-depth analysis of ADA’s ownership […]
Bitcoin, the flagship cryptocurrency, has added nearly $1,000 to its value following a sharp increase in volatility within the cryptocurrency market. The top coin reached an intraday high of $35,579 on the Bitstamp exchange at 7:12 p.m. UTC. Bitcoin has emerged as the second-best performing cryptocurrency among the top 10 by market capitalization (behind […]
Ripple, the San Francisco-based blockchain company, has expanded the coverage of its payment network, Ripple Payments, to offer services in over 70 markets. This development is part of Ripple’s push to optimize the efficiency of cross-border payments using blockchain technology. Ripple’s strategic expansion Ripple’s move comes at a time when over 80% of these leaders […]
Bitcoin, the largest cryptocurrency, has eclipsed the $37,000 mark for the first time since May 2022. It recently reached an intraday high of $37,140 on the Bitstamp exchange. This latest surge comes amid a broader rally on the crypto market, which has seen a steady rise over recent months. This rise has promoted predictions of […]