Month: September 2024

Death Cross Signals Possible End to Solana’s 11-Month Long Bullish Momentum

CoinspeakerDeath Cross Signals Possible End to Solana’s 11-Month Long Bullish Momentum Solana SOL$131.224h volatility:-3.6%Market cap:$61.42 BVol. 24h:$2.25 Bhas shown remarkable resilience over the past year, maintaining a strong bullish trajectory. However, recent market dynamics indicate that this momentum may be under threat. Despite strong efforts to break past a local resistance level of $138, Solana has failed to rally beyond this key threshold. This resistance failure has left the cryptocurrency vulnerable, particularly as it now hovers near critical support levels that could determine its future course. Solana Faces Key Threats…

The Sandbox Sets Sights On 1,111% Growth Amid Pressures

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Este artículo también está disponible en español. The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance. Though long-term estimates show a different, more hopeful picture, recent studies hint to a likely price decline in the next weeks. What then is the actual SAND story, and should investors act right now or hold off? Related Reading Crypto price prediction website CoinCodex says, by mid-October 2024, the total…

TRON DAO Featured as Title Sponsor at KBW, Showcases Growing Meme Coin Ecosystem

PRESS RELEASE. Geneva, Switzerland – September 16, 2024 – TRON DAO took center stage as a Title Sponsor at Korea Blockchain Week (KBW), an annual global blockchain and Web3 festival in Seoul, South Korea. Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered a compelling keynote on the fast-growing meme coin ecosystem within the TRON […] Source CryptoX Portal

Argentine Exchange Ripio Announces Defi Credit Card

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Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned automatically but will instead borrow up to 30% of the capital […] Source

Analyst Sounds Warning For Bullish Investors, Says Solana Will Crash 42% To $80

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Solana has gotten a bearish warning despite being one of the best performers over the last year. This prediction goes against the grain of current speculation where a rise to as high as $1,000 has been forecasted for the price. But it seems not everyone shares this sentiment as one crypto analyst has predicted that the auction’s price could suffer a massive 42% crash from here. Solana Price Turns Bearish In an analysis on the TradingView website, crypto analyst Alan Santana has warned that the Solana price is turning bearish.…

Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations as

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Traders, however, are split on the size of the impending rate cut, setting the stage for a potential volatility explosion in financial markets after Wednesday’s rate decision. At press time, the Fed funds futures showed a 50% chance of the Fed reducing rates by 25 basis points (bps) to the 5%-5.25% range. At the same time, markets saw a similar probability of a bigger 50 bps rate cut to the 4.7%-5% range. Original

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […] Source CryptoX Portal