Category: cryptocurrencies

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Solana (SOL) price rises as airdrops attract new users to the network

Solana price has rallied more than 50% this month as new projects conduct airdrops on SOL blockchain and high Ethereum fees push investors to seek cheaper alternatives. Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were…
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Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader

According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph.  Alt szn is upon us Melker sees this period of Bitcoin’s price consolidation as particularly bullish for…
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Sri Lanka’s central bank warns public against risks of crypto investment

The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad. Sri Lanka’s central bank has taken the 2021 crypto bull market as an opportune time to warn the public against the risks associated with…
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How the digital yuan stablecoin impacts crypto in China: Experts answer

Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space. This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan…
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Cointelegraph Consulting: Deep diving with Ethereum whales

The 10-largest Ethereum whales have accumulated roughly $10 billion, but their investment behavior suggests some are still hungry. Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter investigates the anatomy of Ether (ETH) whales. The data indicates that the top 10 ETH-only whales consistently hold roughly 5 million ETH, with the largest whale accumulating more than…
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Enterprise-level partnerships send VeChain (VET) price to new highs

Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high. Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that…
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SingularityNET (AGI) rallies 1,000% as industries aim to merge AI with blockchain

The price of SingularityNET’s AGI token has been on the move as DeFi capabilities, cross-chain integrations and layer-two functionality drive demand higher. The internet has reshaped society over the past 40 years, and experts are predicting that digital technologies and artificial intelligence will continue to transform how humans interact with data for the foreseeable future.…
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SEC approves Exodus wallet for Regulation A stock offering

Exodus shares are now available for purchase through its wallet. Crypto wallet provider Exodus recently received the green light from the United States Securities and Exchange Commission to sell shares of its operation.  According to a public statement from Exodus on Thursday: “Exodus Movement, Inc., a Delaware corporation that has developed a leading non-custodial cryptocurrency…
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NFT gaming and a tsunami of trading volume lift Waves to a new all-time high

Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem. Nonfungible tokens (NFT) have handsomely rewarded early investors over the past few months, especially as they gained mainstream attention thanks to record-breaking digital art sales and well-known influencers like Paris Hilton throwing their…
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Robinhood’s crypto business explodes in the first quarter despite GameStop controversy

The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies. Robinhood, a popular trading app targeting millennials and other inexperienced investors, has become a major hub for cryptocurrencies, offering further evidence that digital assets are garnering mainstream appeal.  The company reported Thursday that 9.5 million users traded digital assets on its platform…
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