Franklin’s latest addition is due to Aptos’ unique characteristics which also meet the asset manager’s rigorous suitability standards for its Benji platform, the firm’s blockchain-integrated recordkeeping system, said Roger Bayston, head of digital assets at Franklin Templeton. One Benji token represents one share of the fund. Source
Sanctioned crypto mining firm BitRiver suggests Russia could soon outpace the U.S. in mining due to favorable regulations. As U.S. presidential candidates increasingly highlight the importance of blockchain and crypto mining leadership, sanctioned crypto mining firm BitRiver is optimistic about Russia‘s potential to surpass the U.S. in Bitcoin (BTC) mining by 2027. In an interview with state-owned news agency Prime, BitRiver CEO Igor Runets highlighted recent regulatory developments that have bolstered Russia’s standing in the crypto sector. In early August, Russia’s President Vladimir Putin legalized crypto mining by signing new…
Dogecoin extended losses and traded below $0.1120 against the US Dollar. DOGE is now stable above $0.100 and attempting a rebound. DOGE price started another decline below the $0.1150 and $0.1120 levels. The price is trading below the $0.1120 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.1175 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.1120 and $0.1175 resistance levels. Dogecoin Price Trims Gains Dogecoin…
Bitcoin price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase. Bitcoin is correcting below the $65,500 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance at $63,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $62,500 support zone. Bitcoin Price Revisits Support Bitcoin price started a fresh decline…
Este artículo también está disponible en español. Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing its position. Is Ethereum Superior To Solana? While the prominence of Solana is evident, Sreeram Kannan, the founder of EigenLayer, argued in a post on X that Solana…
Solana is holding gains above the $150 resistance zone. SOL price is consolidating and might aim for a fresh increase above the $162 resistance zone. SOL price started a fresh increase above the $155 zone against the US Dollar. The price is now trading near $155 and the 100-hourly simple moving average. There is a key rising channel forming with support at $155 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start another increase if it stays above the $155 support zone. Solana…
Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential for both short-term rebounds and further declines currently creates an uncertain […] Original
Este artículo también está disponible en español. As the market continues its bullish climb, Avalanche (AVAX) keeps on garnering investor interest as new developments drive growth on the platform. These developments have since placed AVAX on the crosshairs of the bulls leading to a 25% surge in price in the last two weeks, reinforcing the token’s position as a long-term asset. Related Reading Avalanche’s focus on on-chain growth is made apparent by a recent announcement that will cement the platform’s position in the DeFi space. As time lets these developments…
Este artículo también está disponible en español. With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining support around the $64,000 level. Divergence Despite BTC Uptrend The analyst recently noted in his writing that the latest data shows that the BTC/USDT price chart hit a Friday high of $66,106, reflecting bullish sentiment as the cryptocurrency continues to climb. Over the past 24…
Este artículo también está disponible en español. According to technical analyst InspoCrypto, the current state of the Bitcoin (BTC) market reflects mixed sentiment and potential for volatility, particularly as the Bitcoin price hovers between $63,000 and the $64,000 mark. Bitcoin Price Analysis InspoCrypto’s analysis indicates that the maximum slippage recorded was 16.5, which points to moderate liquidity in the market. A volume delta of 415.848 million suggests a cumulative imbalance between buy and sell orders, with increased buying pressure supporting the recent price rise. This indicates that liquidity is sufficient…