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“# Tezos risks correction below record high with XTZ rallying 250% since July ” A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern. Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas…
“# Trippy Bunny NFT donates 100% of mint proceeds to suicide prevention foundation ” Trippy Bunny NFT, a new nonfungible token project built on Solana, has announced that it is donating all of its mint sale proceeds to the American Foundation for Suicide Prevention. The announcement was made on Suicide Prevention Day, a global awareness…
“# Price analysis 9/10: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin’s recent plunge does not seem to have shaken the investors and data shows that exchange reserves were down to 2.399 million (BTC), which is close to the May all-time low at 2.390 million Bitcoin. Ki Young Ju, CEO of on-chain…
“# Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10 ” Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds. While we ponder a feasible battleground for that mammalian–invertebrate combat,…
“# Cointelegraph Research: Is Solana an ‘Ethereum killer?’ ” Solana has been a trending altcoin due to the successive weeks of price increases. At the time of writing, Solana traded at around $207, which is an 11,400% surge from less than two dollars back in January. At its present worth, Solana sits among the top…
“# DeFi Land raises $4.1M to launch decentralized finance game on Solana ” Blockchain gamification platform DeFi Land has secured $4.1 million in investments to launch a new decentralized finance game on Solana, further highlighting the growing ecosystem surrounding SOL. The investment round had participation from over 40 investors, including some of the biggest names…
“# Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’ ” A high-flying Solana (SOL) refused to land even in the face of a brutal sell-off in the cryptocurrency market on Tuesday. Two days later, the price of SOL rebounded to another new all-time high. The SOL/USD exchange rate averted a…
“# Bitcoin price in line for ‘impulsive bounce’ as Solana (SOL) leads altcoin surge ” Bitcoin (BTC) volatility is again overdue and one analyst is favoring an “impulsive” move towards $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “Chill and wait” for Bitcoin breakout Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to…
“# Price analysis 9/8: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, BCH ” Analysts are attributing Bitcoin’s (BTC) plunge on Sep. 7 to the liquidation of over-leveraged positions. According to Bybt data, about $3.68 billion worth of long positions were liquidated in the last 24 hours in the Bitcoin options market. On-chain monitoring…
“# Delta Exchange launches options trading for Solana and Cardano ” Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put options will have daily maturities,…