Month: August 2024

Ledn Processed Over $1.16B of Crypto Loans in First Half of 2024

“While we can’t speak for other crypto lenders, we estimate that Ledn is likely now responsible for more than 50% of the retail loan originations given the fall out of the other lenders, which signifies the growing acknowledgement, trust, and consequent demand for digital assets from retail investors,” CEO Adam Reeds said in an email to CoinDesk. “Overall, we see the surge in retail loans as an indicator of continued evolution and maturity of the crypto sector as a whole, rapidly establishing it as a fully viable alternative to traditional…

BOME falls 14% as investors overselling amid market-wide FUD

The eighth-largest meme coin, Book of Meme, witnessed a sharp decline as the broader cryptocurrency market witnessed a bearish storm. The Book of Meme (BOME), a Solana-based meme coin, fell by over 5.7% in the last 24 hours to $0.00976, marking a 14% drop after reaching a six-week high of $0.0114 at 07:25 UTC on July 31, according to crypto.news data. BOME price and RSI – Aug. 1 | Source: crypto.news Despite the recent downturn, BOME is still the top gainer among the leading 100 cryptocurrencies by market capitalization over…

Analyst Says Solana Will Go Ballistic In The ‘Mania-Like Stage”, Targets $600

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

Market Experts Update Ethereum Predictions: Is A 1,400% Rally To $50,000 Possible?

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Two market experts recently revised their predictions for Ethereum, with one claiming that the second-largest crypto token could rise to as high as $100,000. Interestingly, these ultra-bullish predictions align with some predictions made by financial institutions. Ethereum To Rise To $50,000 Ethereum maximalist Adriano Feria predicted in an X (formerly Twitter) post that Ethereum could reach $50,000 in this market cycle. He made this bold prediction in response to Ethereum developer Eric Conner’s prediction that ETH will reach $35,000 this cycle. Conner had initially predicted that ETH would rise above…