Expectations of the Solana price going above $200 have been rampant with the most recent recovery. In some cases, predictions have reached as high as $1,000 for the cryptocurrency, but one crypto analyst is going in the opposite direction. In a recent analysis, Alan Santana has predicted a crash for the SOL price that could […]
Euler v2 Launches with $4M Backing and New Security Measures After $200M Hack
TL;DR Euler v2 has been secured through a security process that cost around $4 million, one of the most expensive in DeFi. The protocol employs a modular design to improve security and risk management, with 29 audits conducted by 12 security firms. The largest code audit competition, with a $1.25 million prize pool, found no […]
Ethereum ETF Inflows Revive As Grayscale’s ETHE Outflows End, What’s Next?
Spot Ethereum ETFs have witnessed a resurgence in inflows after weeks of subdued activity, driven by a significant shift in the market. Moreover, Grayscale’s ETHE, one of the most prominent Ether ETFs, marked a pivotal moment by ending its 19-day streak of outflows on Monday, August 12. Additionally, this development comes as the broader market […]
Nvidia Faces Setback As China’s Tech Giant To Launch AI Chip
China’s tech giant Huawei has again intensified its rivalry with Nvidia, revealing plans to introduce a new AI chip in the coming months. The Asian tech giant is close to revealing its all-new Ascend 910C AI chip. Following AI-chip trade restrictions and business sanctions imposed by the United States on China, Chinese companies are shifting […]
Bitcoin Price Prediction: How T-bill Issuance and RRP Affect BTC price
Bitcoin price prediction directs investors to pay attention to liquidity, which is the backbone of bull markets. A careful examination of the US Treasury’s actions regarding T-bill issuance and the Reverse Repo Program (RRP) reveals how risk assets, including BTC price, follow the movement of money between the Federal Reserve and the larger financial system. […]
AVAX Set For ATH? Analysts Predict Explosive Rise To $285
Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch. Technical Analysis Whales Crypto […]
Litecoin (LTC), PEPE, and RCO Finance (RCOF) On Fast Track to Enter the Crypto Top 20, Here is Why
The crypto sector is on the verge of a shift as Litecoin (LTC), Pepe (PEPE), and RCO Finance (RCOF) move to join the top 20 … Read more
Breaking: Grayscale Launches MakerDAO Trust, MKR Price Soars 5%
Digital asset manager Grayscale has announced the launch of its MakerDAO Trust, a new single-asset cryptocurrency investment fund through private placement. This follows a similar rollout of other crypto-based trusts to create investor exposure in the market. The price of MKR reacted positively with a 5% uptick. Grayscale Rolls Out MakerDAO Trust In an Aug […]
CRV Emissions Drop Significantly as Curve Finance Hits Milestone in Annual Reduction
TL;DR CRV Emissions Reduced: Curve Finance has reduced CRV token emissions for the fifth consecutive year, lowering the total supply to 2.09 billion, with 930 million tokens locked as veCRV. Sustainability Milestone: For the first time, Curve DAO earnings have exceeded CRV emissions, marking a significant step towards sustainability. Potential Price Rally: CRV price shows […]
Just-In: Bitgo Kickstarts Mt Gox Bitcoin Repayments With Test Transactions
A Bitcoin (BTC) wallet associated with the Mt. Gox exchange repayments has initiated test transactions. This wallet was identified as Bitgo, the fifth and final exchange working with the defunct platform’s Trustee to initiate BTC and BCH payouts. Hence, it signals the start of repayments to creditors. Bitgo Initiates Test Transactions For Mt. Gox Creditor […]