Category Archives: Solana (SOL)

According to Skew data, Bitcoin’s implied volatility remained subdued despite massive coverage related to the Twitter hack news.  This means that the options market does not expect the BTC price to be significantly affected by this black swan event, according to the company’s analysis: “There doesn’t seem to be a major concern about this unexpected event […]

The Bitcoin price could be on the verge of another major drop, according to Bloomberg’s GTI indicator. It flashed a sell signal for the first time since early June when the flagship cryptocurrency unsuccessfully attempted to breach the $10,000 level.    image by bloomberg.com Related A big drop is on the cards  While many traders might be […]

Cybersecurity veteran John McAfee made his iconic prediction that the Bitcoin price would reach $500,000 three years ago. Barry Ritholtz of Ritholtz Wealth Management wished the septuagenarian “good luck” at winning his bet. He will definitely need the luck, considering that BTC would have to surge by 5,394 percent by the end of the day. Related The […]

Analyst Joseph Young believes that sentiment around Bitcoin and some altcoins is rising and offers reasons why. Meanwhile, Glassnode has shared data which shows that the long-term risk-reward ratio for Bitcoin remains attractive to investors. Bitcoin Reserve Risk remains in the green Analysts from the research firm Glassnode have shared some positive data about the Bitcoin […]

Bitcoin’s 10-day realized volatility has reached its lowest level since November 2018, according to London-based cryptocurrency derivatives data provider Skew. The crypto king has remained stuck in an extremely tight trading range for over a week, with market participants waiting with bated breath for a major price move. Image by @skewdotcom Related The big bear case The […]

Peter Brandt, the eminent commodity trader with almost four decades of experience, predicts that Bitcoin or any other cryptocurrency will not be part of a “formulaic” global reserve unit.  According to the chartist, it might consist of top fiat currencies (the U.S. dollar, the Japanese yen, the Euro et al), precious metals, and crude oil.  […]

Several hours ago, the Cardano founder Charles Hoskinson conducted a live stream on YouTube, announcing the final stage of preparations for the upcoming Shelley hard fork, saying that after this Cardano is going to be the best crypto platform on the market. Image via Twitter Testing the new release candidate The new testnet (and a […]

The Bitrue team has published an article on its blog, saying that the crypto exchange is prepared to integrate support for the Cardano hard fork scheduled for July 29 and will be the first platform to support Shelley. Image via Twitter Bitrue to offer users 7% APR on their ADA As was detailed in the article, […]

Cardano has officially completed the Shelley hard fork that kicks off a new era for the $3.6 bln blockchain project. The fork took place at 21:44:51 UTC without involving a chain split or token swap, meaning that the ADA cryptocurrency will remain the same. A poetic upgrade The “Shelley” upgrade, named after English Romantic poet Percy Bysshe […]

More than $1.33 bln worth of crypto has been wiped out over the past 24 hours, according to crypto derivatives market data provider Bybt. This comes after the price of Bitcoin plunged by more than 11 percent in the span of five minutes to its intraday low of $10,559 that was touched on 04:42 UTC […]