Solana Price Prediction Following Recent Rally – What Do Market Indicators Suggest?
The Solana price has declined by 4.5% in the past 24 hours, retracing its steps back to $104.89 after a strong weekend for the altcoin and wider crypto market. SOL has now risen by 8% in a week and by 12.5%
XRP Price Prediction as XRP Overtakes USDC Stablecoin in Market Rankings – $1 XRP Soon?
The XRP price has dropped by 2.5% today, falling back to $0.5182 as the wider crypto market loses 1% in the past 24 hours. These losses come as cryptocurrencies across the board correct a little after a very strong weekend, which
The dollar index is putting pressure on 104.00 on Monday
The dollar index is putting pressure on 104.00 on Monday During the Asian session, we watched the dollar index pull back to 103.89 levels. Dollar index chart analysis During the Asian session, we watched the dollar index pull back to 103.89 levels. In
USDCHF Moves to New Highs at 0.87622 – Where to Next?
USDCHF Moves to New Highs at 0.87622 – Where to Next? On Friday, we saw growth and the formation of a new high for USDCHF at the 0.87622 level. On Friday, we saw a jump in USDJPY to the 149.57 level. USDCHF chart
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest
Bitcoin ETFs Soar to $10B AUM & BTC Trades at $48.5K
Bitcoin ETFs Soar to $10B AUM & BTC Trades at $48.5K Bitcoin trades near $48,500, maintaining a bullish trajectory. Bitcoin ETFs hit a $10 billion milestone in assets under management within a month post-approval. Bitcoin continues its bullish journey, trading near $48,500, as
Bitcoin Breaks Above the $48000 Level: What’s Next?
Bitcoin Breaks Above the $48000 Level: What’s Next? Over the weekend, the price of Bitcoin made a breakout above $48,000, forming this morning’s high at the $48,814 level. The price of Ethereum rose to the $2540 level yesterday, forming a new February