Solana (SOL) Price Rally Over? What The Fundamentals Say

Solana (SOL) Price Rally Over? What The Fundamentals Say

[ad_1] Solana (SOL) has recently become a focal point of discussion among investors and analysts. After surging from below $22 to a high of $210 within six months, and currently trading at around $174—a nearly 700% increase—questions arise about the sustainability of its price rally. Despite the impressive surge, SOL remains 50% shy of its … Read more

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

[ad_1] Liquid restaking services funnel user deposits into EigenLayer and offer extra rewards on top, along with tradeable “liquid restaking tokens” that represent a user’s underlying investment. Ether.fi has $3.8 billion locked up with EigenLayer – assets that will eventually help power the pooled security system. In return for deposits, Ether.fi grants users a derivative … Read more

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

Did Someone Forget The BONK? Trading Volume Plunges Over 70%

Did Someone Forget The BONK? Trading Volume Plunges Over 70%

[ad_1] Bucking the trend within the highly volatile memecoin sector, Bonk (BONK), a Solana-native meme token, has exhibited a bearish bias despite prevailing bullish sentiment across the broader memecoin market. Recent data from CoinMarketCap reveals a staggering 25% price decline for Bonk over the past month, a stark contrast to the general upward trajectory witnessed … Read more

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

UNI Price Prediction – Uniswap Recovery Could Remain Capped

UNI Price Prediction – Uniswap Recovery Could Remain Capped

[ad_1] UNI price turned red and declined below the $10.00 support. Uniswap is showing many bearish signs and recoveries could face hurdles near $10.00. UNI started a fresh decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4 hours). There is a key bearish trend line … Read more