Solona

An analyst drew comparisons to XRP’s 2017 bull run, suggesting another potential rally. Another analyst projects XRP could reach $50 based on history and parabolic growth. XRP’s partial victory against the SEC and positive market sentiment have fueled speculation. XRP has been experiencing sideways trading recently, down from its daily highs. However, analysts continue to…

Bitcoin struggles below the Bull Market Support Band, hinting at a potential bearish shift. $75,000 peak remains strong resistance, and the $65,000-$70,000 zone faces selling pressure. Neutral RSI and positive MACD signal a potential short-term bullish trend for Bitcoin. Bitcoin (BTC) is currently navigating a critical phase as it tests the underside of the Bull…

USDD removed 12,000 Bitcoin from its collateral without a Tron DAO governance vote. Justin Sun says the collateral removal aligns with DeFi rules as per collateral rates. The sole vote in the DAO’s history addressed unrelated matters, further sparking debates. The decentralized stablecoin USDD, launched on Tron, has undergone a significant adjustment to its collateral…

Binance ex-CEO Zhao was moved from prison to RRM Long Beach ahead of release. RRM is a residential management program that prepares inmates for reentry into society. Zhao aims to use the time at RRM to focus on genres like education and passive investment. Rumors start with just a small spark, which is true in…

Dormant wallet reactivates, withdrawing $10.4M worth of UNI from Coinbase Prime. Whale activity fuels UNI surge, with 1.48M UNI withdrawn after 6-month dormancy. Crypto analyst hints UNI might be the next top performer in the crypto market. Renowned analytical platform Spot On Chain has recently reported a development in the Uniswap (UNI) market. A wallet…

FET breaks out from a downtrend, hitting $3.50 resistance amid strong bullish signals. Key support now at $1.10 whereby further resistance at $3.50 could signal more gains. New descending channel suggests a potential 100-150% rally if price breaks upwards. Artificial Superintelligence Alliance (FET) is making headlines as it breaks free from a prolonged downtrend, showing…

Lingo Telecom fined $1 million by FCC for spreading deepfake robocalls of President Biden. The new compliance plan includes strict KYC and caller ID authentication rules. Scam was aimed to suppress voter turnout in New Hampshire’s presidential primary. In a landmark enforcement action, the Federal Communications Commission (FCC) has imposed a $1 million fine on…

India’s DEA will release a pivotal consultation paper between September and October 2024. The paper seeks feedback from stakeholders on the country’s crypto regulatory framework. The country’s move aligns with the G20 nations’ unified stance on crypto regulations. India is ready to embrace crypto regulations, as the Department of Economic Affairs (DEA) is expected to…

Polygon (MATIC) sees a significant 26.4% weekly rise, reflecting strong investor interest. BitTorrent (BTT) and Chainlink (LINK) show strong price increases and market presence. Beam (BEAM) and Uniswap (UNI) also experience significant gains amidst the crypto rally. In recent days, the cryptocurrency market has experienced a remarkable surge, with several altcoins showing significant gains. As…

Kamala Harris supports policies to foster digital asset growth amid the DNC backdrop. Harris emphasizes robust safeguards for the crypto industry, recognizing regulatory needs. Trump advocates reduced crypto regulations, gaining support from the crypto community. Vice President Kamala Harris has declared her support for policies to foster the growth of digital assets. According to Brian…

Tron surges 22% amid memecoin boom, driven by SunPump’s debut and rising network activity. Over 7,000 new tokens launched on Tron since August 12, fueling TRX’s upward momentum. Justin Sun’s influence and strategic partnerships propel Tron’s growth in the crypto market. Tron (TRX) has recently emerged as the top trending asset in the cryptocurrency market,…

Bitcoin reaches new all-time highs in 2024, driven by ETF approval and Bitcoin halving. Elon Musk’s support boosts Dogecoin, keeping it among the top 20 meme coins by market cap. GHOSTDAG protocol drives rapid, secure transactions, making it a standout in PoW coins. In 2024, Proof of Work (PoW) stands as a core basis on…

McDonald’s Instagram was hacked to promote a scam meme coin after its famous mascot. The Solana-based Grimace token reached a $25M market cap before the hacker dumped it. The hacker boasted about stealing $700,000 from the scam on McDonald’s Instagram. In an unexpected turn of events, McDonald’s Instagram account was hacked on Wednesday to promote…

ERC-7683, by Optimism, boosts Ethereum cross-chain interoperability significantly. Layer 2 fees drop below $0.01, enhancing Ethereum’s scalability and user experience. Proof of Stake shows resilience, debunking myths of centralization in Ethereum. Ethereum is undergoing a significant transformation with updates poised to redefine its ecosystem. Central to this evolution is the adoption of ERC-7683, a cross-chain…

Bitcoin’s dominance rises to 53.34% as it trades above $60,000, signaling strong momentum. Binance Coin and Dogecoin show notable gains, reflecting broad market optimism. Top altcoins like Aventus and QuickSwap see impressive surges, boosting market sentiment. Bitcoin (BTC) continues its impressive run, trading above $60,000. This notable milestone reflects the broader market’s positive momentum. As…

Pudgy Penguins’ floor price surged by 9% to 10.40 ETH, with a $1.8M 24-hour trading volume. Bored Ape Yacht Club dropped 1%, but market cap remains strong at 126,465 ETH ($333.6M). Mutant Ape Yacht Club’s floor price jumped 14%, with 147 sales and $859K in trading volume. The NFT market continues to show dynamic movement,…

Trader TDm2 turned $1K into $750K with Sun Wukong, driven by social media trends. Sun Wukong surged 566,500% in 12 hours after Justin Sun’s profile change. SunPump’s launch spiked the meme coin activity, generating $1M in just 12 days. An anonymous trader has made headlines by transforming an initial investment of $1,000 into as much…

Bitcoin may be on the verge of a parabolic rally similar to those in 2016 and 2020. The crypto’s price tests crucial support levels that will determine its next major move. Holding Bitcoin’s weekly support level is key to sustaining bullish momentum in the market. Bitcoin is currently at a critical juncture, with many traders…

Binance CEO Richard Teng assures that the crypto exchange is financially strong. The crypto giant spent 36% more on compliance efforts to strengthen global relationships. Despite receiving licenses from various countries, it avoids expansion into the US. Binance CEO Richard Teng has planned to boost compliance with global regulators and build a sustainable enterprise that…

Bitcoin volatility nears 3% as price climbs to $60,742, signaling an end to consolidation. After a slump, Bitcoin (BTC) volatility rises, with prices recovering above $60K. The trading volume rises 30.73% to $35.9B, suggesting an upcoming directional shift. Bitcoin’s volatility is experiencing a notable resurgence following a period of relative calm. According to expert analyst…

ADA and MATIC show bullish signals, with potential breakouts from key resistance levels. Cardano could rally towards $1 if it successfully breaks out of the falling wedge pattern. MATIC gains momentum amid the ongoing transition to POL, with further upside potential. Cardano (ADA) and Polygon (MATIC) are showing strong technical signs of potential breakouts, according…

Malaysia crushed 985 bitcoin rigs worth $452,500 to combat power theft linked to crypto mining. Crypto miners in Malaysia stole RM3.4 billion in electricity from 2018-2023, highlighting severe enforcement needs. Southeast Asia attracts crypto miners with low electricity costs, but faces power theft and environmental challenges. Malaysian authorities have intensified their crackdown on illegal cryptocurrency…

GPT-4o fine-tuning launches, enabling developers to optimize AI models for specific use cases with powerful tools. Access 1M free training tokens daily until Sept 23 to customize GPT-4o for diverse applications and performance. Fine-tuning boosts AI performance with minimal data, offering cost-effective solutions for niche and complex tasks. The highly anticipated fine-tuning feature for GPT-4o…

El Salvador announces a Bitcoin training session and certification for 80,000 civil servants. The program intends to provide knowledge on Bitcoin management and public policies. The ONBTC Director Stacy Herbert believes the program to have a “compounding effect” on the nation’s Bitcoin economy.  El Salvador, the Central American country famous for its advocacy for Bitcoin,…

Bitcoin drops below $60K, sparking a significant downturn in the crypto market as top-10 cryptos trade in the red. Major cryptos like ETH, SOL, and TON face declines as market sentiment turns cautious, reflecting broader concerns. Despite the market slump, tokens like Sundog and SUN buck the trend, posting strong gains amid overall weakness. Bitcoin…

Ethereum remains bearish, with consolidation below key resistance signaling market indecision. Polygon shows a strong uptrend but faces potential correction as the TD Sequential indicates. TAO’s breakout suggests potential for significant gains, with key resistance levels highlighting bullish targets. In recent market movements, Ethereum (ETH), Polygon (MATIC), and TAO have captured significant attention due to…

Tether announces new UAE Dirham-pegged stablecoin, expanding its stablecoin offerings. Fully backed by UAE-based reserves, the token promises stability and reliability. Designed under UAE Central Bank’s new regulations, enhancing transaction efficiency. Tether, the leading player in the digital asset space, has announced the launch of a new stablecoin pegged to the United Arab Emirates Dirham…

Crypto holder loses $55M in DAI via a sophisticated phishing attack involving a manipulated DeFi Saver Proxy. The victim’s ‘setOwner’ transaction mistakenly transferred DeFi Proxy control to attackers. Experts urge multifactor authentication, security audits, and user education to mitigate rising phishing threats Victim Loses Millions in Sophisticated Scam A cryptocurrency holder suffered a loss of…

XRP’s performance has been sluggish, but historical trends suggest potential for significant future gains. Raoul Pal advises moving from older coins like XRP to new assets for better returns in the current market. Legal victories have renewed confidence in XRP despite ongoing skepticism from some market analysts. XRP is facing mixed opinions in the financial…

Trump leads Polymarket’s U.S. election odds at 52%, with Harris trailing at 47%, marking a shift since mid-July. Rumors of Harris supporting a 25% unrealized gains tax sparked public reactions on social media. Elon Musk’s informal poll on X shows 74% favoring Trump over Harris, attracting over 40M views and 85K shares. A decentralized prediction…

Rover highlights Bitcoin’s symmetrical triangle pattern, indicating a possible breakout from current consolidation. Institutional interest in BTC is growing despite market fear, with a $88M ETF inflow and Trump’s market influence. Mount Gox outflows impact Bitcoin market dynamics, but underlying strength suggests a possible new bull run ahead. Renowned crypto analyst Crypto Rover highlighted critical…

MATIC breaks a long-term downtrend, signaling potential for upward momentum backed by bullish indicators. AAVE surges over 50%, confirming its breakout with strong technical support from RSI and MACD. Both MATIC and AAVE show signs of sustained growth, driven by bullish market sentiment and breakouts. Polygon (MATIC) and Aave (AAVE), two prominent cryptocurrencies, have recently…

Dogecoin is trading within a descending wedge pattern, indicating potential for a breakout. An analyst predicts Dogecoin would break above key resistance, triggering a 100% rally. DOGE has respected key support levels, and analysts believe a bullish breakout to $0.2 may be imminent. Dogecoin is on the verge of a bullish rally, as the crypto…

Bitcoin’s dominance has surged to 56%, driven by Long-Term Holders’ steadfast commitment to HODLing. Short-Term Holders face mounting unrealized losses, risking potential market panic and sell-offs. Despite market turbulence, Bitcoin attracts capital, with stablecoins and altcoins losing dominance. Bitcoin, the leading digital asset, continues to dominate the cryptocurrency market. According to data from Glassnode, Bitcoin…

Brazil’s second Solana ETF approved, expanding crypto options and boosting digital asset engagement. Hashdex and BTG Pactual launch new Solana ETF, enhancing Brazil’s crypto investment landscape. Despite Solana’s price volatility, Brazil’s progressive stance on crypto ETFs show growing market confidence. Brazil’s financial landscape is set to see a new addition to its cryptocurrency investment options…

Binance faces a new class action, accused of aiding in money laundering, with potential RICO statute violations. The lawsuit claims Binance’s actions blocked stolen crypto recovery, challenging blockchain transparency claims. Zhao’s legal woes deepen as Binance faces new allegations, with previous fines and imprisonment intensifying scrutiny. Binance and its former CEO, Changpeng Zhao, are facing…

Harris may appoint SEC Chair Gensler as Treasury Secretary, stirring debate in political and crypto circles. GOP opposes Gensler’s potential Treasury role, citing his aggressive actions against crypto firms under the SEC. Gensler’s nomination faces uncertainty despite strong Democratic support and ongoing internal debates. A recent report from the Washington Reporter has stirred significant debate…

Polkadot consolidating in a falling wedge suggests a potential bounce back as it stabilizes within key trendlines. FET breakout from a descending channel indicates strong bullish momentum, with potential for further gains. DOT faces resistance at upper trendlines, while FET could find support at previous resistance levels if retracement occurs. Polkadot (DOT) and Fetch.ai (FET)…

Hong Kong High Court mandates HK$6 billion DAO project to disclose financial records, setting a legal precedent. Legislator Johnny Ng urges the government to boost investor confidence with a regulatory framework for DAOs. This initiative aims to transform Hong Kong into a leading global hub for decentralized Web3 technologies. Hong Kong is poised to take…

Mango Markets DAO unanimously votes for SEC settlement proposal. Settlement addresses alleged securities violations without admitting fault. DAO proposes $223,228 fine and cessation of MNGO token operations in the U.S. Mango Markets, a decentralized exchange (DEX) previously thriving on the Solana blockchain, is now navigating a critical juncture amidst intense regulatory scrutiny. The DAO’s response…

Yuval Noah Harari addresses Bitcoin as an art form contrary to his previous skeptical arguments on BTC. The author projects an optimistic future of AI, as it is creative and imaginative. Harari states that AI could invent creative financial devices that humans could not even think of. Yuval Noah Harari, an Israeli medievalist, military historian,…

SHIB and PEPE face declining investor interest as whale activity drops, raising uncertainty in their market prospects. Analyst notes SHIB might see a short-term boost, but diminishing whale activity clouds its long-term outlook. PEPE’s breakout chances fade as investor enthusiasm drops, with active addresses hitting a six-month low. SHIB and PEPE, leading meme coins in…

The latest 1B USDT minting on Tron boosts Tether’s annual issuance to $33B, solidifying its market dominance. Consecutive mintings on Tron and Ethereum demonstrate Tether’s strategy for stable USDT circulation. Market stability may be influenced by Tether’s strategic USDT issuance, aligning with cryptocurrency trends. Tether, the largest issuer of stablecoins, has minted another 1 billion…

Bitcoin surpasses $60K, driving market gains and boosting dominance to 53.33%. Top gainers include Sundog (+111.86%) and Voxies (+78.81%), signaling strong investor interest. BNB and DOGE also rose notably by 6.14% and 4.67% respectively, reflecting robust market activity. Bitcoin has surged past the $60,000 mark, signaling renewed bullish sentiment in the cryptocurrency market as highlighted…

Bitcoin surged past $61K, recovering by +19% since the August 5 crash, driving renewed optimism in the crypto market. Ethereum followed Bitcoin’s recovery, showing a positive shift in sentiment as the market rebounds. Cardano holds the highest positive sentiment of 2024 despite a steep decline over the past five months. A recent observation by Santiment…

The market closed bullish on Monday, with Bitcoin climbing above resistance. Bitcoin shows signs of a potential breakout, testing key resistance levels on the 4-hour chart. Analysts predict a price surge as Bitcoin breaks through a descending trendline, signaling an uptrend. Bitcoin’s price action on the 4-hour chart suggests a potential bullish breakout. The market…

Metaplanet’s stock surged 13% after acquiring 57.273 BTC for ¥500M, showcasing its aggressive investment strategy. CEO Simon Gerovich revealed Metaplanet now holds 360.368 BTC, reflecting their substantial digital asset growth. The company’s shares have soared 645% YTD due to strategic BTC purchases and leveraging low-interest Japanese loans. Metaplanet Inc., often referred to as “Japan’s MicroStrategy,”…

China’s AML laws now include virtual assets as recognized money laundering methods. Offenders face fines up to $28,000 and jail terms of 5-10 years for severe cases. Penalties increase for laundering over $700,000 and non-cooperation with authorities. The Supreme Court of China and public prosecutors have made a pivotal update to the country’s Anti-Money Laundering…

Ethereum shows strong momentum, potentially hitting $2,950-$3,000 before major corrections. Current support at $2,679.1 boosts Ethereum’s path toward testing $2,976.7 resistance. The long-term bullish target for Ethereum is $3,351, dependent on the market and sentiment. Ethereum price has seen a notable rebound following the overall crypto market recovery. Crypto analyst Vella has recently shared insights…

XRP’s inverse head & shoulders pattern hints at a possible rally, targeting $0.92 with strong momentum. On-chain data shows increasing whale activity and transaction volumes, boosting XRP’s bullish outlook. XRP’s improving market sentiment, driven by legal progress, supports a potential breakout to $0.92. XRP, one of the leading cryptocurrencies, is showing signs of a potential…