Just weeks-old, their exchange product is already posting nine-figure days of dollarized trading volume with customers in Asia, the Middle East as well as the United States, Yver said. The fresh capital will cover hefty compliance and licensing costs as it works to expand into more jurisdictions. Source
CryptoX – Cryptocurrency Analysis and News Portal PEPE tokens were up as much as 51% in the past 24 hours as some traders considered the meme tokens as an Ethereum ecosystem bet. Source The post PEPE and WIF Jump 50%, Putting Ethereum and Solana Meme Coins in Focus appeared first on CryptoX. CryptoX Portal
Solana is gaining bullish momentum above $108. SOL price is showing positive signs, and it could even surpass the $118 resistance in the near term. SOL price started a fresh increase from the $98.50 support against the US Dollar. The price is now trading above $108 and the 100 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $108.80 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to rally if it clears the…
Arbitrum (ARB), the Ethereum Layer 2 scaling solution, has been facing a bearish week after failing to establish a new price floor and falling below the $2 level. Additionally, the unlocking event scheduled for March could negatively impact the token’s price. Despite ARB’s recent drop, the blockchain has seen a greater performance in the non-fungible token (NFT) market, surpassing Ethereum and Solana. Arbitrum: Top Gainer In The Last Day Data from Crypto Slam shows that the daily NFT sales volume in the Arbitrum blockchain recovered in the last 24 hours.…
In the ever-uncertain world of cryptocurrency, Solana (SOL) is generating renewed interest among analysts, with some predicting a potential comeback in the near future. However, the road to recovery might be bumpy, as bullish signals are countered by lingering resistance levels and a cautious market sentiment. Technical Analysis Points Towards Bullish Reversal Analyst Ali Martinez has garnered attention with his recent analysis suggesting a bullish reversal for Solana. Based on the Tom DeMark (TD) Sequential indicator, Martinez believes a four-candle rally for SOL/USDT is imminent. This optimism is further bolstered…
Having failed to break its previous high for the year, the price of Solana has continued to move downward. From the height of $118.88, the coin, which is currently ranked 5th in the crypto space with a total supply of 440,961,455 SOL and a market capitalization of $58.2 million, has made a drop of over 25% and is not showing any signs of stopping. As of the time of writing, the price of SOL was up by 2.76% and trading around $102.63, below the 100-day moving average in the last…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. For those keeping an eye on the crypto market’s latest twists and turns, especially after the SEC decision on Bitcoin ETF, you’ve probably noticed that Bitcoin (BTC) is holding steady around the $52,000 mark despite some inflation concerns among the public. But there’s more to the crypto landscape than just Bitcoin’s stability – there’s an emerging crypto player on the scene that’s causing quite a stir. Enter InQubeta (QUBE),…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Stacks (STX) holders are interested in the ongoing presale for Kelexo (KLXO). A Solana (SOL) expert recently suggested a potential rally. However, it’s important to remember that this is speculation and not guaranteed. This optimism surrounding Kelexo stems from its focus on addressing inefficiencies in the lending market through blockchain technology. The expert’s analysis mentions scalability, security, and user-friendliness as potential differentiators for the project. Stacks sees diminishing returns…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The cryptocurrency market is witnessing a remarkable surge, led by a significant uptick in Bitcoin (BTC) prices. This upward momentum has cascaded into the altcoin sector, spotlighting Meme Moguls (MGLS), Solana (SOL), and Cardano (ADA) for their unique contributions and recent advancements. Bitcoin’s influence Bitcoin‘s recent rally, achieving a notable price point of $52,097.20, marks a significant moment for Bitcoin and the cryptocurrency industry. This Bitcoin’s uptrend is underscored…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. It is a painful time to be sidelined in stablecoin and a great time to be a crypto owner. Institutional appetite is roaring for exposure. Bitcoin (BTC) ETF inflows remain constant, and even crypto-native hardware is experiencing and enjoying product market fit. Solana’s (SOL) phone pre-orders hit 100K as new memecoins flourish. The Galaxy Fox (GFOX) presale is nearly sold out, and mounting demand for crypto ownership across the board implies…