Focus on Exchange Genesis as Bitcoin and Ethereum Plunge

The crypto market continues its downward journey, and experts believe enthusiasts should watch cryptocurrency exchange Genesis, which might be seeking additional funding. Bitcoin and Ethereum extend their downside trip, with market participants worried that more cryptocurrency exchanges might follow FTX’s steps. The leading digital coin, Bitcoin, lost approximately 6.6% in the last 24 hours to […]

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Contagion Fears Following FTX Collapse Plunge Cryptos into 7-day Loss – November 14

The sudden collapse of FTX cast doubt among exchange users over their fund’s security held in custodial wallets. The revelation by Bahamas authorities of FTX Group filing for bankruptcy last week caused a widespread shockwave across the virtual assets market. The aftershocks of the sudden implosion of a key player in the global crypto assets […]

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FTX Turmoil Sees Solana TVL Plunging by 32.4%

Cryptos exposed to Alameda Research, FTX, and Sam Bankman-Fried seem to have suffered the most. Solana witnessed its total value locked plunging by 32.4% within the past day. That came as the news of FTX callable sent a shockwave in the entire cryptocurrency market. DeFiLlama shows SOL’s TVL dropped to $423.68 million, reflecting a 32.4% […]

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Polkadot (DOT) Outshined Solana and Ethereum in this Set

The latest Santiment data indicated that Polkadot ranked above ETH and SOL as the platform with the most development activity within the last seven days. While Solana and Ethereum’s development activity totaled 67.21 and 78.79, respectively, over the previous week, Polkadot had the same metric at 3124.14 in that timeframe. Moreover, Polkadot had 1,400 monthly […]

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NFTs Monthly Sales Hit over $947M as Solana Gains Ground on Ethereum.

Amid the current crypto bear market, overall NFT sales volume remained flat in September, but individual NFT sales are keeping pace. For instance, Solana NFTs are gaining momentum while high-value NFTs on Ethereum are still selling. In September, the NFT market recorded sales worth over $947 million, according to DappRadar. That compares to $925 million […]

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Can Solana (SOL) Validators Help Traders Earn Lucrative Returns?

Solana is among the multiple blockchains that have concentration carbon neutrality. That remains a vital consideration as climate change gains more attention. Unsurprisingly, the latest energy consumption report showed an increased carbon footprint. It increased by 26% year-on-year between March 2021 and March 2022. The result remained against the platform’s plans for reduced lower carbon […]

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Solana (SOL): Long Traders Could Be Unaware of This Crucial Info

Solana’s governance coin SOL recorded lucrative uptrends recently, with its price soaring by more than 10% over the past seven days. The price upswing gave investors hope for lucrative days ahead. Though the alternative token has recorded multiple optimistic developments within the community within the last few days, the sustainability of the ongoing hike remains […]

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Solana (SOL), XRP (XRP), and Terra (LUNA) reportedly Observe Over 8% Rally

The support for Solana (SOL) seems to have increased in the past 24-hours by the investors. This is the reason why Solana has observed an 8.32% rally in the past 24-hours. The 24-hour period is not the only time the investors have displayed their buying power. The investors have continued displaying their buying power even […]

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Market Crash – Updates on Cardano, Ripple, Terra, and Solana

Top cryptos in the financial space appear on a violent move this weekend. However, not all cryptocurrencies move in a similar direction. Let us dig deep. What Happened? If you have not checked your cryptocurrency in the past 48 hours, a lot may be waiting for you. The crypto space is in turbulence at the […]

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