SOL

The Bitcoin (BTC) price had rebounded above the $62,000 mark. However, traders are unsure if the cryptocurrency’s downturn is over. BTC is currently trading at $61,773. BTC hit a six-week low on Monday, dropping as low as $58,474 before buyers propped the price to $60.330. Analysts Predict Drop To $50,000 Some Bitcoin analysts have predicted the cryptocurrency could drop to $50,000. According to Markus Thielen, founder of 10x Research, Bitcoin appears to be following a double-top pattern and is currently…

The Bitcoin (BTC) price fell as low as $58,474 on Monday as it shuttled between its support and resistance levels. BTC has been gradually falling towards its support level after failing to break past resistance. Whether sellers can push BTC below its support level and completely take control of the market remains to be seen. BTC Whales Cautious Bitcoin whales have become a cautious lot since the asset slipped below its support level on Friday (June 21). Data from Santiment…

Solana is the most common destination for assets from the Ethereum ecosystem, and with the ETFs looming, analysts predict that billions could be flowing into the SOL ecosystem. Market experts predict that Ethereum ETFs could attract at least half of BTC ETFs’ $60 billion assets, and a significant share of this would flow into Solana, halting further dips below $130. It has been the year of ETFs. Bitcoin spot ETFs launched in January and have accumulated over $60 billion in…

Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend.  A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being introduced directly on the Solana network without requiring layer-2 networks. He claimed that this changes everything and every impression one has about Solana and scaling…

The post Is Solana (SOL) in Legal Trouble? Popular Crypto Analyst Believes a Bombshell is Underway  appeared first on Coinpedia Fintech News Popular crypto analyst alias Crypto Bitlord has informed more than 328k X platform followers that Solana (SOL), a top-tier web3 ecosystem with nearly $3 billion in total value locked, is facing a major investigation that could send the altcoin in a multi-week selloff.  While the crypto analyst did not provide the official source on the Solana investigation, the…

Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%. According to analysts, the cryptocurrency is gradually dropping toward its support level. They urged traders not to fall prey to factors such as boredom or mini pumps and dumps.  Bitcoin (BTC) Price Analysis Bitcoin has been on a downward trajectory since June 6, after its price…

Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend…

Crypto staking has become a popular way of making passive income online. Among the many cryptocurrencies, Solana (SOL) is unique as it has a very high market potential and an impressive growth trajectory. In this blog post, we will explore the market potential of Solana, give some basics about cryptocurrency staking and provide a complete guide on how to stake Solana using CryptoHeap. Additionally, we will introduce different types of staking products provided by CryptoHeap and discuss why it is…

Solana, a leading blockchain platform, is experiencing a significant downturn as a persistent bearish wave sweeps through its market. This decline, driven by a combination of factors, has led to SOL’s price suffering a huge drop below the $140 support mark.  Solana’s price has struggled to find stability, breaking through key support levels and signaling further potential losses. As bearish sentiment continues to dominate, traders and investors are closely monitoring the situation, seeking signs of a possible reversal or additional…