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“# SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live ” Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world’s…
“# Institutional exposure to altcoin products retests all-time high ” Institutional demand for altcoin exposure has surged to record levels, with the altcoin market share now representing a record 35% of capital locked in crypto investment products. According to CoinShares’ Sept. 7 Digital Asset Fund Flows Weekly report, nearly 40% of the past week’s inflows…
“# Price analysis 9/6: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK ” Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and several altcoins have also been rallying hard in the past few days. This has driven the Crypto Fear and Greed Index into the extreme greed territory where the range…
“# Price analysis 9/3: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK ” Bitcoin (BTC) finally broke above the $50,500 resistance and Ether (ETH) has risen above the $4,000 mark. This suggests that there is growing interest in cryptocurrencies and several legacy finance companies are initiating steps to tap into this increasing demand….
“# Solana extends rally with another new high — Why is SOL price up by 70% in one week? ” Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached $146.28 for…
“# Blockchain streaming platform Audius announces Solana NFT integration ” Blockchain-based music streaming platform Audius announced Thursday that it had launched full Solana NFT integration, allowing its more than six million users to begin featuring digital collectibles from the Solana library. The integration will occur through Phantom, Solana’s multichain wallet and browser extension. The new…
“# Price analysis 9/1: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA ” Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000….
“# Price analysis 8/30: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA ” There is an old proverb which says that history does not always repeat, but it tends to rhyme. If that holds true for Bitcoin (BTC), then a strong up-move may not happen in the month of September. Bybit data shows…
“# SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed ” Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week. The SOL/USD exchange rate climbed to a new record high of $103.06 following a…
“# Price analysis 8/27: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, LUNA ” Asset managers and companies currently hold over 6% of Bitcoin’s (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of Bitcoin’s supply, public companies account for…