Tag: Solana

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Ongoing Solana-based wallet hack seeing millions drained

NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play” and called on users to revoke permissions for any suspicious links in their Phantom wallets. An ongoing, widespread hack has seen as much as $8 million in funds drained so far across a number of Solana-based hot wallets. At…
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Price analysis 8/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin and most major altcoins have been rejected by resistance, hinting at a few more days of consolidation. After strong monthly gains in July, Bitcoin (BTC) and the altcoins have started the new month on a tentative note. Even the United States equities markets have started August on a soft note.  Is the bottom in?…
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Coin Race: Top Winners/Losers of July; Ethereum & Ethereum Classic Win the Month

June 2022 is behind us, and it seems that there were fewer avalanches for traders and investors to live through during this crypto winter month than the one that preceded it…. Read More: Coin Race: Top Winners/Losers of July; Ethereum & Ethereum Classic Win the Month  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin price has hit resistance at the $24,000 level, resulting in a slight pullback in select altcoins. Is the rally over? Bitcoin (BTC) hit a six-week high above $24,000 on July 29, extending its rally that picked up momentum after the United States Federal Reserve hiked rates by 75 basis points on July 27. If…
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Solana Team Set to Open Doors of a Physical Store in New York to Promote Solana and Web3

The team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large. The store, dubbed Solana Spaces, is located at a mall in Hudson Yards and was launched in collaboration with the Solana…
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Biggest Movers: SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday

Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead of tomorrow’s FOMC meeting. Near protocol was also lower, dropping by as much as 12% today. Solana (SOL) Solana (SOL) was in the red for…
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Price analysis 7/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels. Bitcoin (BTC) and most major altcoins are witnessing profit-booking on July 25 as the bulls scale back their positions before the Federal Open Market Committee meeting on July 26 through July 27. This indicates that…
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Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T

Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making. The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded flat…
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Bitcoin & Crypto Slip Amid ‘Signs of Exhaustion,’ BTC & ETH See Investment Inflows Again

The crypto market saw declines across the board over the past 24 hours, as bitcoin (BTC) ended the week below a key technical level and market participants appeared uncertain about the near-term direction. As usual, the crypto sell-off was accompanied by liquidations of leveraged derivatives traders, with long liquidations of leveraged bitcoin positions reaching USD…
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