Solana forms bullish patterns as DEX volume, open interest slip

Solana price has been stuck in a deep bear market as the volume in its decentralized exchanges and futures open interest dipped. Solana (SOL) has risen for two consecutive weeks and was up by over 33% from its lowest point in August. Still, it remains in a bear market after falling by over 30% from the year-to-date high.  Solana’s DEX volume retreats Its price action has mirrored that of other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which are all in a bear market.  Solana’s sell-off has happened as the…

Alain Delon Dies: French President Leads Tributes for Actor

PARIS — Alain Delon, the internationally acclaimed French actor who embodied both the bad guy and the policeman and made hearts throb around the world, died at age 88, French media reported. With his handsome looks and tender manner, the prolific actor was able to combine toughness with an appealing, vulnerable quality that made him one of France’s memorable leading men. Delon was also a producer, appeared in plays and, in later years, in television movies. French president Emmanuel Macron paid tribute on X to “a French monument.” “Alain Delon…

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning […] Source CryptoX Portal

LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes

PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange in innovative crypto asset categories. As LBank commemorates its ninth year […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Best Short-Term Crypto Investments | Top Coins to Buy Now

Short-term investments involve buying assets or cryptocurrencies and selling them after a short period. This approach relies on speculation, taking advantage of minor price fluctuations to make a profit. It’s best suited for investing amounts you’re comfortable to risk. Ready? Let’s go. Short-term crypto trading strategies What are the main short-term trading strategies, and who are they suitable for? Day trading Day trading is all about buying and selling cryptocurrencies within the same day or even just a few hours. Traders aim to profit from small price movements. It’s a…

When Kamala’s crypto circus came to town — and bombed

What does it mean for Kamala Harris’s campaign when a virtual town hall designed to woo the crypto crowd instead leaves them feeling more aligned with Donald Trump? How it all started? The recent virtual town hall organized by the ‘Crypto For Harris’ campaign, designed to rally support for Kamala Harris’ potential presidency from the digital asset community, fell flat on its face.  Touted as a key affair,’ the event left many in the industry unimpressed and even sparked backlash. Prominent figures like Gemini co-founder Tyler Winklevoss didn’t hold back,…

Lemon Pioneers Fiat-Crypto Interoperability Services in Peru

Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions in Peru. The exchange, the first to receive such a license in the country, now eases the processes required to deposit and exchange fiat for crypto, with users only needing a phone number for this task. Lemon Receives First Fiat-Crypto […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Indian Authority Arrests Man in Crypto Extortion Case

A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by […] Source CryptoX Portal

Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate

Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely fail. Alderoty urged the SEC to focus on its core mission […] Source BitcoincryptoexchangeExchanges CryptoX Portal