Tag Archives: News

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Solana price started a decent increase from the $31.80 support against the US Dollar. The price is now trading above $33 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $34.50 and $35 to continue higher in the near term. Solana price is trading above $34 against the US Dollar, similar to bitcoin. SOL could start a...

Earlier in the year, Live Bitcoin News reported a major hack on the Axie Infinity network. The company lost more than $600 million in crypto funds, and later analyses suggested the hack had occurred through the efforts of Lazarus, a notorious cybercrime enterprise based in the nuclear state of North Korea. Axie Infinity Comes Out the Winner It appears there is someone above looking out for Axie Infinity as law enforcement agents in the U.S. report having garnered as much...

A report published in mid-September showed inflation was (what a surprise) higher than expected, and bitcoin took serious heat for it. The world’s number one digital currency by market cap fell into the low $20,000 range not long after and lost about $2,000 off its price. Inflation Keeps Getting Worse This is also bad news in the sense that as inflation continues to remain high, the Federal Reserve will likely stay aggressive and hike rates again. Thus, we can logically...

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