Crypto Market Slumps as Solana Leads Major Coins in Decline
Major cryptocurrencies including Solana, Bitcoin, Ethereum, and BNB experience significant price drops, with Solana falling 7.8% in 24 hours amidst broader market downturn.
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Trump Touts Bitcoin as Solution to National Debt
Former President Donald Trump suggests using Bitcoin to pay off the $35 trillion national debt and advocates for U.S. leadership in cryptocurrency, citing its intellectual prowess and growing prominence.
Cardano’s Chang Upgrade: ADA’s Tech Edge and $1 Price Target
Cardano’s upcoming Chang upgrade aims to enhance its technological superiority, sparking discussions about ADA’s potential to reach $1 amidst ongoing criticism and network achievements.
Ethereum Futures Soar Despite Price Dip: What’s Next?
Ethereum futures open interest hits a 19-month high amidst a 10% price correction, raising questions about market sentiment and future price movements.
Bank of Japan Raises Rates, Fed Decision Looms
The Bank of Japan increased interest rates to 0.25%, marking its second hike since 2007, while markets await the Federal Reserve’s decision expected to maintain current rates.
XRP Volatility Hits Record Low: Potential for Massive Price Surge?
XRP’s monthly volatility has reached an all-time low, mirroring conditions before its 60,000% rally in 2017-2018. Technical indicators suggest a significant price movement may be imminent.
Dogecoin’s $1 Dream: Musk’s Soft Spot Reignites DOGE Hopes
Elon Musk’s recent comments about his affinity for Dogecoin have rekindled speculation about the meme cryptocurrency’s potential to reach $1, despite his cautious approach to crypto promotion.
Litecoin (LTC) Gains Momentum: Price and Market Analysis
Litecoin’s price has risen 6.49% in 24 hours to $75.4, with a 5% weekly gain. Despite a drop in trading volume, LTC maintains a $5.65 billion market cap, ranking 21st among cryptocurrencies.
August Crypto Unlocks to Hit $1.5B, Led by XRP’s $600M Release
August 2024 will see nearly $1.5 billion in token unlocks across major crypto projects, with XRP’s $609 million release leading the way on August 1.
Ethereum Activity Soars in Healthy Crypto Market
A joint report from Coinbase and Glassnode indicates a surge in Ethereum network activity and overall crypto market health despite price consolidation in Q2 2024.