These Solana Numbers May Scare Off SOL Investors – Here’s Why
After Binance and FTX engaged in a word war on social media – and eventually making amends (well, sort of; Binance said today it’s buying FTX) – Solana got dumped violently. Solana’s native token, SOL, is trading in the red across all time frames, as reported by CoinGecko, lending credence to the bearish claims. When asked what a Binance deal for FTX meant for Solana, Ran Neuner of CNBC Crypto Trader and founder of Crypto Banter referred to SOL’s pricing issues. In a tweet, he said: “Solana [is] getting killed.” He claims that the market has only....
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Anyone watching the charts recently will have noticed that Solana (SOL) has been on an impressive uptrend recently. The digital asset had grown from where it had been trending around the $88 price range and has once again made it above $100. While this is a welcome trend for the market, especially Solana investors, we […]
Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not promising for the ETH fork. The most noticeable depreciation among these was recorded for the bi-weekly time scale, at a rate of 16.7 percent. If other measures continue to lag, what does the future hold for ETC? Related Reading: These Solana Numbers May Scare Off SOL Investors – Here’s Why ETC Stepping On Green The token has gained 19.35% so far....
BNB’s price loses its $340 support as the price trades to a region of $290 before bouncing off this region. BNB’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. BNB’s price remains weak across all timeframes as the price trades slightly above the 50 Exponential Moving Average (EMA). Previous weeks saw the price of Binance Coin (BNB) outperform Bitcoin (BTC). Most altcoins trend higher as many produced gains of over 200%, including Binance Coin (BNB) rallying from a region of $300 to a....
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a Financial Product South Africa’s impending cryptocurrency regulations as well as the central bank’s decision to regulate cryptocurrency as a financial product is welcome as long as this....
In the fast-paced world of cryptocurrencies, where fortunes can change overnight, two coins are standing out as top picks for the new generation of investors: Mpeppe (MPEPE) and Solana (SOL). Both have captured the attention of different segments of the market, offering unique value propositions that resonate with today’s tech-savvy, profit-seeking investors. But what makes these two cryptocurrencies the favorites among the next-gen investors? Let’s dive into the factors driving their popularity. The Rise of Solana: A Proven Success Story Solana (SOL) has already cemented its....