#Why is Solana (SOL) price up today?

#Why is Solana (SOL) price up today?

SOL price is up today as a combination of fundamental and technical factors paint a bullish outlook as the first Solana futures ETFs are set to launch today. Solana (SOL) price is up today, buoyed by a significant recovery in the broader cryptocurrency market. Data from Cointelegraph Markets Pro and TradingView shows SOL’s price is…

Read More
#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

Analysts say Bitcoin’s inflation-hedging ability is uncertain in developed economies but more effective in emerging markets. For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically…

Read More
#Ether may fall below .9K ‘robust’ demand zone, analysts eye capitulation

#Ether may fall below $1.9K ‘robust’ demand zone, analysts eye capitulation

Ether’s decline below the $1,900 “robust” demand zone may bring significant new buying pressure for the world’s second-largest cryptocurrency. Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend Ether (ETH) price fell over 52% during its three-month downtrend after…

Read More
#Why is Cardano price down today?

#Why is Cardano price down today?

ADA price is down today, and a handful of onchain and technical factors suggest that the downside is not over for the altcoin. Cardano (ADA) price displays weakness on March 11, down 2.5% over the last 24 hours to trade at $0.7250. A weakening technical setup and several onchain signals suggest that ADA could see…

Read More
#4 things must happen before Ethereum can reclaim ,600

#4 things must happen before Ethereum can reclaim $2,600

Ether’s future depends on network upgrades, usage growth, supply decline, and improved layer-2 interoperability. Ether (ETH) price dropped below $2,600 on Feb. 24 and has since struggled to sustain a meaningful recovery. The latest correction toward the $2,000 level triggered over $918 million in leveraged long (bull) liquidations in ETH futures within 15 days, according…

Read More