Solana Price Prediction: Amid the Bitcoin consolidation around $70000, the crypto market witnessed heightened volatility shifting the price trajectory of major altcoins sideways. The Solana coin not immune from this uncertainty showcases a lateral movement reasoning within two converging trendlines. The 4-hour chart reveals this movement as pennant pattern formation- a common structure that buyers […]

Goldman Sachs has made changes to its Fed rate cuts trajectory, bouncing back to predicting three rate cuts by the end of this year. TheStreet states that the change predicts the first rate reduction to happen this June, being in line with larger market consensus. Goldman Sachs Rate Cut Prediction Initially, the first interest rate […]

Bitcoin Price Prediction: Bitcoin, the largest cryptocurrency market cap traded sideways this week, resonating between the horizontal level of $71600 and $68400. This consolidation with a short body candle reflects no clear initiation from buyers or sellers towards this asset. However, an analysis of the 4-hour time frame chart revealed this price fluctuation as the […]

As Coinbase Global Inc.’s (COIN) latest quarterly earnings report inches closer, Wall Street analysts have offered their projections for the cryptocurrency exchange platform. Despite the ongoing bull run in the crypto market, expectations for the Coinbase Q1 2024 report indicate a stark 48% decline in GAAP earnings per share (EPS) compared to the previous quarter. […]

Japanese regional bank Hokkoku has made waves by becoming the first in Japan to introduce a stablecoin backed by bank deposits. The development has left Japanese crypto enthusiasts wondering about the potential pros and cons. In addition, the utility of the stablecoin is being questioned about. Japan Bank Launches Tochika Stablecoin The initiative is taken […]

Anatoly Yakovenko, Co-Founder of Solana Labs, has introduced a novel blockchain protocol, BunkerCoin. The protocol promises to revolutionize data transmission in low-bandwidth environments. Its white paper, titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” was released today. It offers a detailed technical framework for the new blockchain technology. BunkerCoin is meant to work effectively […]

Recently, a lot of discussion around the Layer 3 solutions has been gathering steam with some of the top industry players joining the debate. Last Sunday, Polygon Labs CEO Marc Boiron stated that Layer 3 solutions aren’t essential for scalability and fail to add much value to the Ethereum ecosystem. Now, Ethereum co-founder Vitalik Buterin […]

The cryptocurrency market enters April with a notable downturn, witnessing a decline across various assets. Amidst this shifting tide, Solana (SOL), Cardano (ADA), and Toncoin (TON) stand out as three top Ethereum rivals, facing the challenging dynamics head-on. After a period of bullish momentum, these contenders now navigate through increasing bearish pressures, hinting at a […]

In a remarkable gust of developments, Tether, the entity behind the US dollar-pegged cryptocurrency USDT, recently revealed a statement claiming that it has awarded a staggering $100,000 grant to BTC Pay Server Foundation, the entity behind the world’s most renowned open-source payment processor software accepting Bitcoin & USDT payments (on Liquid). This move echoed a […]

The bull run in the crypto market since Q4 last year mirrors the potential digital assets possess over traditional assets. While Bitcoin achieved a commendable 132% increase in value in the last year, gold only managed an average return of 7.98%, compared to US stocks at 10.7%, commodities at 8.01%, and EM stocks at 6.39% […]