Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Changpeng Zhao announced to sell all FTT tokens, SOL is seeing a massive -12% drop in price over the last 24 hours. Even the FTT token is currently posting a loss of just under -3%. So what is driving the SOL sell-off ? Just a few days ago, SOL experienced a massive price spike after Google announced the…

Crypto hits the main stage at Web Summit in front of record crowds

Portugal’s capital city of Lisbon has established itself as the spiritual home of one of the world’s largest technology events. Web Summit has called the Altice Arena home since 2016 and attracted a staggering 71,000 people in the latest edition of the conference. The effect of the event on the city was palpable. An estimated 540,000 people call Portugal’s captivating, hilly capital home and the influx of attendees from around the globe made for a busy week on its smaller cobbled streets and busier roads. The Ponte 25 de Abril…

Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months – Mining Bitcoin News

Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the mining pool Foundry USA was the fifth largest mining pool with 18.44 EH/s dedicated to the Bitcoin chain. During the last 12 months, Foundry has managed to increase the pool’s hashrate by more than 350% climbing to 84.34 EH/s on Nov. 6, 2022. After 12 Months, Foundry USA’s Hashrate Muscles Its Way Into the Top Bitcoin Mining Pool Position The…

Cryptocurrency Scam Alert | How Ruja Ignatova did Biggest Crypto Fraud? | One Coin Bitcoin Killer

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io अस्वीकरण: क्रिप्टो (crypto) उत्पाद और एनएफटी (NFTs)अनियमित हैं और अत्यधिक जोखिम भरे हो सकते हैं। यह संभव है कि इस तरह के लेनदेन से हुए किसी भी नुकसान के लिए नियामक सहारा प्राप्त ना हो | अगर आप कोई भी सवाल करना चाहते है, तो कृपया support@coindcx.com पे लिखे। In this video you will get to know how Ruja Ignatova did Biggest Cryptocurrency Scam with Download India’s safest Bitcoin app,CoinDCX: #advertisement #ad #coindcx @CoinDCX Paid Collaboration with CoinDCX Download CoinDCX and signup…

¿Qué es la custodia de criptomonedas?

En palabras simples, la custodia de criptomonedas significa asegurar la clave privada que prueba que eres el dueño de los fondos que están en tu billetera de criptomonedas. En el sistema bancario tradicional, todos los custodios son instituciones financieras, como lo establece la ley. Sin embargo, en el mundo de las criptomonedas los titulares tienen la posibilidad de convertirse en sus propios custodios. Si usamos un lingote de oro para ilustrar el ejemplo, las opciones son que puedes guardarlo tú mismo debajo del colchón o pagar un custodio externo para…

Solana erases its ‘Google rally’ gains but a 50% SOL price recovery is still in play

A recent price rally in the Solana (SOL) market ran out of steam midway as traders’ attention shifted to crypto-focused hedge fund Alameda Research’s insolvency rumors. Alameda Research insolvency rumors affect SOL  On Nov. 7, SOL’s price plunged nearly 6% to about $30.50. The intraday selloff came as a part of a broader pullback trend that started on Nov. 5 when SOL peaked at around $38.75. Between then and now, the Solana token is down over 20%. SOL/USD daily price chart. Source: TradingView The beginning of SOL’s plunge coincided with…

Tron Transaction Volume Balloons To 5.3 Million In The 3rd Quarter

Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the research claims that the future of the protocol is bright, but that mixed signals are spreading doubt to fans and investors. This can be worrisome since low confidence can lead to a sell-off, which can…