Founder of IOG and the Cardano chain, tech billionaire Charles Hoskinson, has been tagged in a tweet with a suggestion to “recruit this young padwan to the light side of the force” — the teenager who hacked Nvidia, according to a BBC article. Hoskinson responded to that jokingly, stating: “We hiring this kid or what?” […]
Category Archives: Solana (SOL)
The meme-based digital asset Shiba Inu has experienced a substantial withdrawal from exchanges. Over 8 trillion SHIB tokens with an estimated value of $88 million have been moved out of known exchange wallets since November. This event marks a significant shift in token distribution and could signal changes in investor behavior toward Shiba Inu. Transaction […]
Ben Hunt, chief investment officer of Second Foundation, has opined that Bitcoin’s original purpose and significance are diminishing with the widely expected advent of spot-based exchange-traded funds (ETFs) that track its value. These remarks follow a series of critical observations about Bitcoin’s role and future in the financial ecosystem. The demise of Bitcoin? Hunt’s […]
With festive lights twinkling across the globe, Bitcoin (BTC) is facing a less-than-celebratory Christmas. The Bitcoin price is currently sitting at $43,161.88 after experiencing a 1.2% drop. The recent sharp drop recently triggered a volatility alert. This year’s Christmas was a stark contrast to the usual bullish enthusiasm often expected in the crypto market during […]
According to the latest financial report by CoinShares, the cryptocurrency market has experienced a significant influx of funds across various digital assets. Bitcoin (BTC) remains the top gainer, with a reported weekly flow of $87.6 million, contributing to a year-to-date (YTD) increase of $1.8 billion, per data available up to Dec. 23. Ethereum (ETH), Solana […]
The Tether Treasury has minted 1 billion USDT, according to the latest data from blockchain tracker and analytics system Whale Alert. The transaction, which was recorded on the Ethereum network, has added a significant amount to Tether’s circulating supply and is a part of Tether’s strategy to manage liquidity in the cryptocurrency market. The reason […]
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In a recent X post, Cardano’s lead developer, Sebastien Guillemot, hinted at groundbreaking developments for the blockchain in 2024. Amid the recent downturn in Ethereum sentiment, Guillemot expressed enthusiasm about working with Arbitrum, hinting at an imminent fusion of Cardano with Arbitrum and Mina Protocol. Related Guillemot, a key figure in the Cardano ecosystem, has been instrumental […]
A transfer involving 71.2 million Dogecoin (DOGE), valued at $6.39 million, was made from an unknown wallet to the trading platform Robinhood, according to Whale Alert, a service that monitors large-scale cryptocurrency transfers. This comes as the price of the flagship meme coin is experiencing a significant downturn. Recent DOGE transitions The latest […]
The Puell Multiple, a crucial metric for Bitcoin market analysis, has recently reached resistance levels previously observed during pivotal years in Bitcoin’s history, specifically in 2012, 2016, and 2019. This development marks a potentially critical juncture for Bitcoin amidst its current price volatility. Understanding the Puell Multiple The Puell Multiple is an important metric in […]