The latest Solana news has analysts bullish on SOL’s future, citing its decent performance. In contrast, Polygon’s price prediction doesn’t look promising, as it displayed poor performance throughout the last year. On the other hand, BlockDAG leads in transparency with its upgraded dashboard, revealing top whale activity. The recently updated roadmap also shows a mainnet…
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking Protocol Kelp DAO Secures $9 million Leading the investment round were SCB…
ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux, FreeBSD, and OpenBSD servers, with over 100,000 still affected as of late 2023. The operators of Ebury have diversified their illegal…
Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We…
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the…
Innovation lies at the heart of crypto advancements, and only the platforms that succeed in driving this point home can see sustained growth. Due to delays in SEC approvals, Ethereum ETF approval is surrounded by doubts. Bitcoin cash price, on the other hand, expects a surge after a significant transaction boost. However, the crypto that…
TL;DR Solana-based meme coin Bonk Inu saw a 15% daily and 45% monthly price increase. Its market capitalization is nearing $2.5 billion, surpassing Floki Inu. Pepe (PEPE) is another meme coin making the headlines, hitting a new all-time high after a 110% monthly ascent. Its market cap exceeded $6 billion, making it the third-largest in…
Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might be the next asset…
Bloomberg exchange-traded fund (ETF) analyst James Seyffart believes a Solana ETF would see more demand than similar funds for other altcoins, except ether (ETH). Seyffart’s statement was in response to a video in which CNBC Fast Money trader and crypto investor Brian Kelly said Solana ETFs were next in line following the approval of Ethereum…
In the fast-paced world of cryptocurrency, impressive gains are expected, but some projects rewrite the rulebook. The ongoing Algotech (ALGT) presale is doing just that, delivering astronomical returns for early investors. While established players like Binance Coin (BNB) and Filecoin (FIL) have carved their niches in the market, Algotech (ALGT) is soaring to new heights,…