Markets

TL;DR Solana (SOL) has demonstrated strong recent performance, with analysts like CryptoJack predicting new peaks before the end of 2024. The growth of Solana has been accompanied by the success of various meme coins on its network, such as WIF, whose market cap briefly surged to nearly $5 billion. SOL Bulls Predict Fresh Peaks Despite being in the red today (May 8), Solana (SOL) has been among the best-performing cryptocurrencies lately, registering a 20% increase on a...

Following a bounce from the lower boundary of the current price range at $6.4, Polkadot experienced a surge, reaching the upper threshold, coinciding with a significant resistance area. Consequently, a slight rejection is anticipated, with the price targeting the lower part of the range. Technical Analysis By Shayan The Daily Chart Upon close examination of the daily chart, Polkadot is observed to be moving sideways, oscillating between the notable support level of $6.4 and...

CoinspeakerCrypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly Currently, Arbelos operates offshore through the British Virgin Islands. The company is also seeking a regulatory license from financial authorities in the region to enable it to operate without restrictions in compliance with local laws. Crypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly

CoinspeakerBitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers. Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

CoinspeakerCathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock The latest offloading of Coinbase shares comes amid the part of Ark's portfolio rebalancing. Coinbase still remains the third-largest holding for the company. Cathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock

Solana price started a downside correction from the $160 zone against the US Dollar. The price is now trading above $140 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $152 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $138 and $135 support levels to start another increase. Solana price is correcting gains from $160 against the US Dollar, like Bitcoin....

Bitcoin price started a downside correction from the $65,500 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $63,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $61,000 support zone. Bitcoin price is correcting lower below $63,000 against the US Dollar. BTC...

One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary. Securities and Exchange Commission (SEC) chairman Gary Gensler appeared for a nine-minute interview with CNBC on Wednesday and blamed the host for asking for such an “outsized ratio” of crypto-focused questions. Gensler Is Tired Of Crypto Questions Gensler’s interviewer, Andrew Ross Sorkin, suggested that journalists’ focus on the...

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched as a cryptocurrency, marking its entry into the digital currency space. This launch represents a significant...

[PRESS RELEASE – London, UK, May 7th, 2024] With New Investment Round Led by Borderless Capital, The Environmental Data DePin, Eyes Solana Launch and Global Market Expansion  Ambient, the world’s largest decentralized network of environmental sensors and ambient data, today announced the successful closure of an oversubscribed $2 million seed funding round. This round was led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom...