Solona

Bitcoin falls below $56K, with Solana, XRP, and Ethereum also facing significant drops. The Fear & Greed Index shows ‘Extreme Fear,’ reflecting investor uncertainty and caution. Despite the decline, tokens like Moonwell and SERO have surged, defying the trend. Bitcoin has dipped below $56,000 amid a widespread downturn, according to a recent market overview shared…

Ripple Payments enables near-instant global transactions, enhancing liquidity and speed. The constant availability of Ripple Payments gives crypto businesses a competitive edge. Ripple’s global network supports diverse digital asset payouts and local currencies. The traditional cross-border payments system has long been a bottleneck for crypto businesses, impeding their ability to offer flexible fiat payout options….

Hackers deposit 17,800 ETH worth $42.7M into Tornado Cash after major DeFi protocol hacks. Penpie hacker moves 9,600 ETH ($23M) to Tornado Cash following a high-profile exploit. 2024 H1 sees 200+ crypto hacks, $1.56B in losses, with Ethereum and BNB Chain most targeted. Recent blockchain activity has revealed significant movements by hackers, according to Lookonchain…

SHIB could maintain bullish momentum, supported by a trendline and demand zone (D-POI). Breaking the trendline may push SHIB towards the Extreme Point of Interest (E-POI). Key areas like BOS and D-POI will determine SHIB’s next price movement in the coming weeks. SHIB is at a crucial point in its price movement, according to recent…

Bitcoin nears oversold territory with RSI at 40.98, signaling a potential relief rally. Key Fibonacci support for Bitcoin lies at $51,412, with further downside to $44,552. Bitcoin faces immediate resistance at $59,899 amid bearish sentiment and volatile moves. Bitcoin continues to exhibit volatile price movements, with market sentiment reflecting extreme fear. The Crypto Fear and…

SuperRare leads whale activity with a 4087.5% increase in $100K+ transactions this month. PepeFork and Stargate Finance see significant whale activity despite slight price drops. Polygon Ecosystem Token experiences a major 137.81% volume surge despite a price decline. Whales in the cryptocurrency market are making notable moves, with specific projects seeing a significant rise in…

Pavel Durov opens up for the first time on his Telegram channel after his arrest in France. Durov states that arresting a CEO based on someone’s illegal activity is absurd. The Telegram CEO asserted that the platform removes millions of illegal posts daily. Pavel Durov, the CEO of Telegram, broke his silence for the first…

The US, the EU, and the UK will sign the first-ever legally binding international AI treaty. The treaty ensures that AI technology is fully consistent with human rights and democracy. The countries can adopt or maintain legislative, administrative, or other measures. Amidst increasing security concerns on artificial intelligence (AI), global leaders are set to sign…

Whale Alert reported a transfer of 105M XRP, worth $58M, raising speculation in the market. XRP struggles to break out of a long-term downward trend, facing key resistance at $0.57. A breakout above $0.57 could push XRP to $1, but failure may lead to consolidation at $0.50. Blockchain tracker Whale Alert has revealed a significant…

XRP’s modest 2.5% gain contrasts sharply with declines in Bitcoin, Ethereum, and more. Assets in the ‘Underbought’ zone present less risk and potential buying opportunities. Market shows a bias toward underbought conditions, signaling potential long-term gains. Cryptocurrency markets have shown mild signs of recovery today, yet many traders remain cautious. While some assets have made…

After MetaMask, Mastercard joins with Mercuryo to bring in a new crypto debit card. The card will allow over 100M merchants to make payments from self-custodial wallets. Mastercard’s new debit card venture will have associated costs with its services. Mastercard has announced a new venture with European crypto payments provider Mercuryo to launch a euro-denominated…

Bitcoin shows steady growth, while the top 10 cryptocurrencies exhibit mixed performance. The total crypto market cap rose to $2.11 trillion, with Bitcoin’s dominance at 53.59%. Fear dominates as the Fear & Greed Index hits 29, indicating cautious investor sentiment. Bitcoin has shown steady performance, as per the latest market analysis from the renowned analytical…

Robinhood settles for $3.9M over blocked withdrawals and misleading trading information. Investigation reveals Robinhood failed to transfer purchased cryptocurrencies to users. New rules require Robinhood to enable crypto withdrawals and increase trading transparency. Robinhood Crypto, LLC, has agreed to pay a $3.9 million settlement with the California Attorney General’s Office over allegations of consumer protection…

Bitcoin’s recent gains don’t guarantee profitability, with notable corrections ahead. High leverage triggers widespread liquidations during sharp Bitcoin price movements. Bitcoin’s RSI shows balance, but MACD hints at a potential bearish trend ahead. Bitcoin’s market performance has been a rollercoaster since its inception. While the cryptocurrency has experienced significant growth, recent trends show that even…

EigenPod upgrade streamlines ETH restaking and significantly reduces gas costs. Automatic restaking allows users to compound their beacon chain rewards efficiently. Enhanced user interface and tools improve the overall restaking experience on EigenLayer. Eigen Labs announced a significant enhancement to their restaking protocol, EigenLayer, designed to simplify and enrich users’ experience of ETH restaking. This…

NEAR Protocol’s X account was hacked on September 4th, targeting the Web3 community. The hacker criticized NEAR’s upcoming November event in a disruptive video message. NEAR’s security team confirmed no phishing attempts or malicious links were found. On September 4, NEAR Protocol’s X account was compromised in a cyberattack. Around 14:25 EST, the account was…

Solana’s critical support at $122 is essential for a potential bullish momentum. A break above $163 could push Solana towards a target of $187, a 52.94% increase. Neutral RSI and MACD below the signal line suggest a potential short-term decline. Solana (SOL) is at a critical juncture, with its price action indicating the possibility of…

Ripple requests the Court for a temporary stay on the order fine issued on August 7. The Court asked Ripple to pay the SEC a fine of $125 million for the illegal sales of XRP. Ripple gains the SEC’s approval for additional time to settle the penalty amount. Ripple Labs has sought a 120-day stay…

Toncoin risks a 45% correction as it struggles to reclaim the $4.70 support level. Analysts warn of a potential drop to $2.60 if Toncoin fails to recover key support. Toncoin is down nearly 18% this week, with further declines possible if support breaks. Toncoin, a cryptocurrency closely tied to the messaging app Telegram, is facing…

Litecoin’s breakout potential could lead to a significant rally if resistance is breached. NEAR’s resistance and support levels indicate crucial points for future movement. Monitoring Litecoin and NEAR’s key levels is essential for informed trading decisions. The recent movements in the cryptocurrency market have highlighted significant developments for Litecoin (LTC) and NEAR Protocol (NEAR). Analyzing…

Samsung Next announced its new investment with Startale Labs, a partner of Sony. The latest investment with Startale Labs is to develop Sony’s blockchain project, Soneium. The Soneium Spark Incubation Program helps innovators turn ideas into successful products. Affiliated with Samsung Electronics, Samsung Next has announced its latest investment with Startale Labs, a prominent player…

Bitcoin dips below $57K as top cryptos face losses and market cap falls to $2.09T. UXLink surges 36.6% amidst market decline while other altcoins also show resilience. Fear & Greed Index at 27 signals cautious sentiment as BTC dominance slightly declines. Bitcoin continues to experience downward pressure, trading below $57,000 as the broader cryptocurrency market…

Ripple’s dollar-pegged stablecoin, RLUSD, is set for public release within weeks. RLUSD is aiming to rival USDT and USDC by utilizing Ripple’s robust financial partnerships. Ripple has no plans for a U.S. IPO due to ongoing regulatory challenges with the SEC. Ripple CEO Brad Garlinghouse announced that the company’s dollar-pegged stablecoin, Ripple USD (RLUSD), is…

Bitcoin ATM scams have been up tenfold since 2020, with losses surpassing $110M in 2023. Older adults, especially those over 60, are three times more likely to fall victim. Scammers use fake alerts to trick victims into depositing cash into Bitcoin ATMs. The U.S. has witnessed an alarming increase in Bitcoin ATM scams, with a…

The UN raises concerns about Pavel Durov’s arrest, citing possible human rights violations. Durov’s detention is seen as a clash between decentralization values and government control. This case may shape future regulations on privacy-focused platforms in the crypto space. The United Nations has expressed deep concerns regarding Telegram CEO Pavel Durov’s arrest, according to a…

Lara and Tiffany Trump’s social media accounts were hacked to spread false crypto news. Posts falsely promoted World Liberty Financial’s decentralized financial power. The scam advertised a non-existent $WL token on the Solana blockchain for DeFi uses. On Tuesday, the social media accounts belonging to Lara and Tiffany Trump were hacked, resulting in the dissemination…

Bitcoin price faces uncertainty as it tests key levels within a triangle pattern. The Long-term holders show strong conviction despite short-term market volatility. Historical trends suggest September could bring mild losses for the Bitcoin price. The Bitcoin market is at a pivotal point as traders watch to see if the price of Bitcoin (BTC) can…

EllipX, former Mt. Gox CEO’s new crypto exchange, will prioritize transparency.  The exchange will use a NYSE-like model with separate trading and broker functions. Mt. Gox NFT owners will receive trading fee discounts on the new EllipX platform. Mark Karpeles, former CEO of Mt. Gox, is set to launch his new cryptocurrency exchange, EllipX, later…

Egrag predicts XRP could reach a significant peak by May 2025, based on Cycle A. Alternative projection places XRP’s peak in September 2025, extending the cycle timeline. Amonyx forecasts XRP breakout, potentially reaching highs beyond $50 after consolidation. Analyst Egrag Crypto has updated his forecast for XRP, suggesting that the digital asset could experience a…

Group-IB reveals Lazarus using fake video apps to target crypto professionals with malware. New malware tactics from Lazarus involve Python scripts and Telegram for crypto data. Lazarus broadens attacks to wallets like MetaMask and Coinbase with sophisticated malware. The Lazarus Group, a North Korean hacking organization notorious for targeting the crypto industry, is intensifying its…

Bitcoin struggles as September volatility tests bulls at key support levels around $55,000.   September is a historically tough month for Bitcoin, with current support at risk of breaking. Rising interest rates and delayed Bitcoin ETFs add to market uncertainty for investors. Bitcoin bulls face a critical test in September, as the cryptocurrency battles to maintain…

Japan’s FSA proposes treating crypto as traditional assets in a 2025 tax reform request. Crypto profits in Japan currently face tax rates between 15% and 55%, depending on income. Advocates seek a flat 20% tax rate for crypto, aligning it with stock trading tax policies. Japan’s Financial Services Agency (FSA) has proposed to significantly revise…

Growing liquidity in crypto hints at potential volatility as unallocated capital waits. Stablecoin surge reflects capital influx, but buying pressure on assets remains muted. Institutional strategies and unallocated funds suggest possible sharp market movements. According to a crypto firm data on X, the cryptocurrency market has witnessed a significant surge in liquidity in recent weeks….

The Penpei protocol, built upon the Pendle ecosystem, loses over $27 million to hackers.  Following the incident, Pendle paused its contracts, saving over $105M from further attacks. Scammer transfers around 1,000 ETH worth approximately $24.7 million to Tornado Cash. Penpei, a decentralized finance (DeFi) protocol built upon Pendle, suffered a significant setback on Wednesday when…

Rejections at the bull market support band indicate strong resistance for Solana. Falling back into its wedge may soon lead the crypto to test lower support levels. Decreasing trading volume sparks concerns over Solana’s sustainability in the market. Solana (SOL) has struggled to maintain momentum, facing rejection at its bull market support band. Expert analyst…

XRP broke through a key downtrend, signaling a potential for significant gains. Crypto analyst CryptoWZRD marks a bullish shift and eyes levels above $0.6500 level. A successful breach of 0.00000980 in the XRP/BTC pair could drive further gains. XRP is currently demonstrating a significant recovery in the market. Following a recent bullish shift, this cryptocurrency…

A Video recently exposed Binance Exec Gambaryan struggling in detention in Nigeria. The Binance executive is stuck in Nigeria Jail as his bail got denied for a second time. Outrage grows as Gambaryan’s family decries medical neglect and demands for his release grow.  The prolonged detention of Tigran Gambaryan, Binance’s Head of Financial Crime Compliance,…

Ripple’s legal chief claims “crypto asset security” has no legal basis or definition. SEC’s term “crypto asset security” confused the Federal Court in the Kraken case. SEC’s historical stance on art galleries parallels Ripple’s argument against NFT claims. The Ripple Labs’ chief legal officer has criticized the United States Securities and Exchange Commission (SEC) for…

Ethereum Co-Developer Vitalik Buterin identifies slow response times in X’s Community Notes. The leader added that AI and prediction markets could quicken context addition. Decentralized platforms such as Polymarket show potential for faster mechanisms. At the Korea Blockchain Week 2024, Ethereum co-founder Vitalik Buterin addressed a significant challenge with Community Notes on social media platform…

Chang’s hard fork enables vital governance features, boosting Cardano’s decentralization. Cardano’s Constitutional Convention will finalize its governance for future success. Cardano’s ‘Chang’ hard fork is a key step toward full decentralized governance. Charles Hoskinson, the founder of Cardano, shared a detailed update on the project’s progress, focusing on the Chang roadmap. In a Monday video…

Analysts predict Bitcoin could break $100K by 2025, signaling a major post-halving surge. The upcoming FED rate cut could trigger the next Bitcoin bull market within 50 days. Investors are closely watching BTC, anticipating one of history’s most significant bull run. Bitcoin is poised for a significant bull market, according to prominent crypto analysts who…

If DOGE breaks out of its falling wedge pattern, it could see a potential bullish reversal. Dogecoin’s looming breakout suggests a strong move toward a potential target of $0.30. Elon Musk confirms Tesla will reintroduce Dogecoin payments for its merchandise soon. Dogecoin’s recent price movement has garnered significant attention as it navigates through a crucial…

Both Flow and MANTRA show significant breakout patterns, indicating strong upcoming rallies. Flow (FLOW) is nearing a breakout from a descending channel, signaling a potential rally. MANTRA has confirmed a bullish pennant breakout, pointing to a possible 59% upward move. Flow (FLOW) and MANTRA (OM) are making waves in the cryptocurrency market, with analysts pointing…

Qatar Financial Centre launches new regulator guidelines for crypto assets.  The guidelines were developed in collaboration with 37 industry stakeholders. The framework is meant to control and manage multiple operations related to crypto assets. The Qatar Financial Centre (QFC), a special economic zone in Qatar, introduced the ‘QFC Digital Assets Framework’ on Sunday as part…

Bitcoin surge signals renewed investor confidence, leading the market’s upward shift. Despite BTC’s slight dominance drop, market cap growth of 3.06% reflects a bullish sentiment. Altcoins like LandWolf and r/snoofi see strong gains, showing rising interest in niche projects. Bitcoin climbed above the $59,000 mark on Tuesday, according to a recent market overview shared by…

Hayes links Bitcoin’s struggles to a shift from Treasury bills to high-yield RRPs. Rate cuts have led to a $120B inflow into RRPs, tightening liquidity for risk assets. Higher RRP yields are siphoning capital away from Bitcoin, defying rate-cut benefits. Arthur Hayes, the former CEO of BitMEX, has offered a thought-provoking analysis of why recent…

frenulum.eth’s 134x $VISTA trade underscores the high-risk, high-reward crypto game. $VISTA’s rapid price surge underlines new tokens’ volatility and profit potential. Ethervista’s first token, $VISTA, surged 15x, attracting speculators and high gas fees. An Ethereum wallet under the alias frenulum.eth managed to secure an impressive profit by trading $VISTA tokens. According to a crypto firm…

Sky Aave Force integrates USDS and sUSDS into Aave V3, offering native rewards. SPK token airdrop and liquidity boost aim to enhance DeFi stability and participation. New SKY-sUSDS converter and @sparkdotfi market aim to streamline DeFi interactions. Sky Aave Force, an initiative by SkyEcosystem, a decentralized finance (DeFi) platform, and Aave, a DeFi lending protocol,…

Hacker moves over $6.5M in ether via Tornado Cash to obscure trail of stolen funds. Lazarus Group suspected in $230M WazirX hack, using Tornado Cash to launder funds. WazirX customers may recover only 55%-57% of assets post-restructuring in Singapore. The hacker responsible for the $230 million breach at Indian crypto exchange WazirX moved stolen ether…

Bitcoin trades near key resistance levels with potential for a bullish breakout above $62,000. The MACD shows a slight bullish crossover, indicating a cautious shift in momentum. Analyst suggests a potential squeeze higher if Bitcoin holds the $58,100 support level. Bitcoin’s recent price movements indicate significant market activity. At press time, Bitcoin’s price hovers around…