Solana dropped for a third consecutive session on Tuesday, as the token started the month of August nearly 5% lower. Overall, the global market cap was mostly in the red, dropping by 1.44% as of writing. Stellar fell to a one-week low, following a four-day losing streak of its own. Solana (SOL) Solana slipped for…
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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event…
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Solana (SOL) has experienced a notable downturn recently, unable to sustain itself above the $32 mark. The altcoin remains below a strong resistance level, but a potential breakthrough could lead to a 20% price appreciation. In the last 24 hours, SOL saw a modest surge of 2.2%, but its performance on the weekly chart shows…
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Solana was once again in the green, with bulls pushing the token towards a key resistance level at $26.00. The move comes after yesterday’s 7% surge, however earlier gains have since declined, as U.S. gross domestic product (GDP) grew 2.4% as opposed to the 1.8% expectation for Q2. Polygon also climbed higher today, bouncing from…
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Bitcoin and several major altcoins are trading inside a range, indicating that a strong catalyst is needed to start the next trending move. Bitcoin broke below the support of its narrow range on July 24, but the bears have not been able to capitalize on it and start a sharp downward move. This is a positive…
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Solana ended a two-day losing streak on Wednesday, as the token surged by as much as 7% in today’s session. The move came following a two-week low on Tuesday, as markets slipped after recent highs. XRP also edged higher, and currently hovers near a key price floor. Solana (SOL) Solana (SOL) recovered from a two-week…
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“It is with a heavy heart that I am writing today to share news about team restructuring efforts we are effectuating today,” wrote CEO and co-founder Michael Wagner. Solana game developer Automata (ATMTA) will undergo “a significant headcount reduction” to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise…
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Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins. Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia’s Stock Market and Clearing House for Digital Assets Finally Operational Read more »Sign…
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The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation. On July 20, the Solana Foundation released its latest…
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