A naukri.com initiative
Solana News
TheNewsCrypto
1w
277
Image Credit: TheNewsCrypto
Crypto Exchange M2 Secures User Funds After $13M Hot Wallet Breach
- The M2 Exchange hack has lost around $13 million.
- Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted.
- The cryptocurrency exchange M2, regulated by the Financial Services Regulatory Authority, was hacked.
- M2 quickly secured the situation, restored customer funds, and implemented additional security measures.
Read Full Article
16 Likes
99Bitcoins
1w
235
Popcat Soars To New Highs: Strongest Narrative?
- Popcat, a cat-themed cryptocurrency, has seen a significant increase in price, climbing from $0.2 to nearly $2.
- Compared to other altcoins, Popcat has demonstrated strong performance and has the potential to reach a market cap similar to Shiba Inu and Doge.
- Technical indicators suggest that Popcat is not overextended and there is still room for further growth.
- Investors are advised to exercise patience and wait for potential entry points or a touch of the 100 moving average before trading.
Read Full Article
14 Likes
Zebpay
1w
166
Image Credit: Zebpay
Crypto Technical Analysis Report | 1st November 2024
- Bitcoin (BTC) experienced a market-wide pullback amid cautious optimism among traders ahead of the upcoming U.S. Presidential election and dropped below $70k after hitting $72k the previous day.
- Major altcoins like Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) traded in the red.
- CoinMarketCap’s Market Fear & Greed Index showed a reading of 59 (Greed) out of 100.
- Coinbase shares fell 15.3%, following underwhelming earnings and a weak revenue outlook for the quarter.
- BTC saw an 11% rise in October, closing at $72,335, though it didn’t reach the average 22% gain typically seen.
- Ether’s price struggles to surpass $2,700, while investors evaluate what it would take to reach $3,000.
- Bitcoin whales reduced their BTC holdings, indicating increased volatility ahead.
- Asia’s share of crypto developers surged to 32%, positioning it as the leading region for crypto developer talent.
- MicroStrategy aims to raise $21 billion in equity and an additional $21 billion in debt to support a multibillion-dollar Bitcoin buying spree.
- ZebPay blogs provides crypto wisdom and features to discover and explore.
Read Full Article
10 Likes
TheCryptoBasic
1w
397
Image Credit: TheCryptoBasic
Solana Slips Below $169: Will $158 Support Hold?
- Solana has faced a significant decline in the cryptocurrency market, dropping 5.05% in the past 24 hours.
- Solana's price has fallen below $169 and is now heading towards the $159 support level.
- The MACD and signal lines indicate a bearish trend, but the moving averages remain positive.
- Solana's failure to sustain momentum and the break below a rising channel pattern suggest a potential downfall.
Read Full Article
23 Likes
TheNewsCrypto
1w
81
Image Credit: TheNewsCrypto
Solana Price Dips Retracing to $166 Level After Recent Rally
- Solana has shown a price drop of 4.90% in the last 24 hours after the recent price increases.
- The altcoin's daily trading volume has increased by 5.67% as per CMC data.
- US SEC has charged the crypto sector with penalties worth $400 million since April 2021.
- Solana (SOL) experienced a 4.90% price dip, retracing to the $166 level after reaching a high of $176.
Read Full Article
4 Likes
Bitcoinist
1w
248
Image Credit: Bitcoinist
Solana DeFi Growing, Daily Users Approaching 7 Million: Will SOL Crack $200?
- Solana, with a market cap of over $81 billion, has struggled for momentum despite a rising crypto market.
- SOL price retraced about 3% over the previous 24 hours while other cryptocurrencies like Bitcoin and Ethereum rose.
- Solana's ecosystem is growing, with nearly 7 million daily active users and a thriving DeFi ecosystem.
- Solana could benefit from institutional support, with Robinhood offering SOL and VanEck launching an ETN in Europe.
Read Full Article
14 Likes
NullTX
1w
51
Image Credit: NullTX
SOLANA PRICE ANALYSIS & PREDICTION (October 31) – SOL Turns Weak Amid Latest Drops, Looking For A Solid Ground
- Solana (SOL) price experienced a rejection after reaching a three-month high, resulting in a 3% drop in the past 24 hours.
- The price recovery in the last two months brought SOL near June's highs after completing an inverse head and shoulder pattern.
- Currently, SOL is showing weakness and initiating a pullback on the daily chart, with the possibility of a further decrease if it drops below the daily low.
- The key resistance levels to watch are $181.6, $194, and $210, while key support levels are $160, $147.7, and $135.5.
Read Full Article
3 Likes
TheNewsCrypto
2w
158
Image Credit: TheNewsCrypto
Solana Approaches $186 Resistance as Technical Indicators Signal Caution
- Solana approaches the $186 resistance level, a price point that has triggered reversals since mid-May.
- Technical indicators signal caution, with the CMF above 20.0 suggesting peak inflow conditions.
- The RSI reaching 70.0 indicates an overbought condition, casting doubt on SOL's ability to maintain its bullish stance.
- If the $186 resistance holds, support levels are expected at $161 and $155.
Read Full Article
9 Likes
Zycrypto
2w
291
Image Credit: Zycrypto
Race For Spot Solana ETF Heats Up As Yet Another Firm Files Application With SEC
- Canary Capital Group has filed an application with the SEC for a Solana-based exchange-traded fund (ETF).
- Canary Capital joins other prestigious asset managers such as VanEck and 21Shares in seeking to list a SOL ETF.
- The proposed spot SOL ETF would provide traditional investors with access to the Solana market without the need to purchase and store the cryptocurrency.
- Solana has emerged as a strong competitor to Ethereum and is being considered for SEC approval for a spot ETF.
Read Full Article
17 Likes
TheCryptoBasic
2w
364
Image Credit: TheCryptoBasic
Will Solana Uptrend Resume as Whale Withdraws 206,111 SOL from Binance to Stake $36M?
- Whale activity involving SOL has been on the rise, with a large holder withdrawing 206,111 SOL from Binance to stake $36 million.
- The whale's portfolio is valued at approximately $29 million, consisting mainly of Marinade Staked SOL (mSOL), with 38,043 SOL staked.
- Earlier whale acquisitions in September amounted to $4.52 million, with 207,000 SOL moved to self-custody and 115,135 SOL subsequently staked.
- Technical analysis suggests a potential uptrend for Solana (SOL), with a bullish flag pattern indicating a further price increase and potential gains of 119.9% to 372.77%.
Read Full Article
21 Likes
Crypto-News-Flash
2w
206
Image Credit: Crypto-News-Flash
Solana Leads Altcoin Fund Inflows with $10M as Institutions Show Bullish Sentiment
- Institutional inflows into Solana reached $10.8 million this week, potentially driven by regulatory optimism around the U.S. elections.
- Solana's popularity is rising, with the potential launch of Solana ETFs adding to its appeal among institutional investors.
- Bitcoin remains at the forefront of institutional investment, attracting $920 million in inflows over the last seven days.
- The U.S. led the charge in Bitcoin inflows, contributing $906 million, highlighting optimism surrounding potential pro-crypto regulatory changes post-election.
Read Full Article
12 Likes
Medium
2w
236
Image Credit: Medium
The Evolution of Tokenization Viability Scoring (TVS): Continuous Improvement in Asset Evaluation
- Tokenization Viability Scoring (TVS) is a scoring system that evaluates the readiness and feasibility of an asset for tokenization.
- Initially, TVS focused on foundational qualities of assets for tokenization, but as the market grew, more complex scoring methods were introduced.
- TVS now incorporates machine learning, real-time data, risk assessment, regulatory compliance, and predictive analytics for comprehensive asset evaluation.
- Future improvements of TVS may include cross-chain compatibility, enhanced AI integration, and environmental impact scoring.
Read Full Article
14 Likes
TheNewsCrypto
2w
288
Image Credit: TheNewsCrypto
Solana Forms Bullish Flag Pattern as SOL Retreats to $170 Level: Analysis Points to $830
- SOL retraces to $170 level after hitting 3-month high of $180, while maintaining 13% monthly gains.
- Analyst identifies bullish flag pattern with ambitious targets ranging from $383 to $829.
- Technical indicators suggest potential short-term pullback with $147 support level in focus.
- Solana's latest market performance presents a complex picture of immediate retracement amidst broader bullish signals.
Read Full Article
17 Likes
TheNewsCrypto
2w
21
Image Credit: TheNewsCrypto
Solayer Labs Launches First Treasury Bills-backed and Yield-bearing Restaking Stablecoin On Solana Network Dubbed sUSD (Solayer USD)
- Solayer Labs has launched a yield-bearing restaking stablecoin called Solayer USD (sUSD) on the Solana network.
- sUSD is backed by United States short-term Treasury Bills (T-Bills) and is pegged to the US dollar.
- Holders of sUSD earn up to a 4% yield, distributed automatically to users.
- Solayer Labs aims to offer a unique alternative to existing stablecoins by providing yield to its holders.
Read Full Article
1 Like
NullTX
2w
301
Image Credit: NullTX
Unexpected Windfall: $LUCE Creator Profits Over $2M From Meme Token Craze
- A token creator launched $LUCE and used 2 $SOL to buy 67.06M $LUCE.
- He sold all 67.06M $LUCE for 2.73 $SOL, making only 0.73 $SOL ($130).
- Now, the 67.06M $LUCE he sold is worth over $2M!
- The creator also launched two more meme tokens, accumulating about 23 $SOL ($4,100).
Read Full Article
18 Likes
For uninterrupted reading, download the app