Solana has surged 21% over the past seven days, pushing its price back above the $200 mark. This marks a significant recovery for the token, as it signals renewed investor confidence. As bullish momentum builds across the market, technical indicators on the daily chart suggest that SOL is likely to maintain its position above this…
Decentralized perpetuals exchange GMX said Wednesday that users hit by last month’s security breach can now claim compensation through its dApp. Key Takeaways: GMX is distributing $44M to fully compensate Arbitrum GLP holders impacted by last month’s $42M exploit. The breach stemmed from a reentrancy vulnerability in GMX V1’s contract structure. Compensation will be in…
Corporate Bitcoin holdings have exploded to $215 billion across 213 entities, with public companies controlling 71.4% of the total, but new research warns this “dangerous game” will likely see most participants fail to survive a full credit cycle. According to a research report from Sentora shared with Cryptonews, companies are “borrowing billions in fiat, issuing…
Monero, the $6 billion privacy coin long touted as one of crypto’s most censorship-resistant networks, has suffered a major setback. Key Takeaways: Qubic claims it gained 51% control of Monero’s hashrate after a month-long campaign. The takeover coincided with a six-block chain reorganization that replaced 60 blocks. Monero developers dispute that a full 51% attack…
Bitcoin hit a new all-time high (ATH) on August 13, providing a bullish outlook for the leading cryptocurrency. Ethereum has also recorded remarkable gains in the last seven days, bringing it close to its ATH. This development has occurred thanks to macro factors, which are boosting risk-on sentiment. Bitcoin Hits New ATH While Ethereum Records…
Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the…
Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles…
The crypto market is seeing major moves this month, with strong price momentum in leading assets and upcoming launches that could define the rest of the year. Institutional buying, strategic exchange listings, and community growth are driving renewed interest in some of the most talked-about names. For anyone tracking the best crypto to invest in…
An XRPL validator operating under the name Grapedrop, or Grape, has published data that he claims shows patterns of trading activity manipulation capable of influencing the price of XRP. The data, which was first posted on the social media platform X, includes screenshots from the XRPL Console and examples of live transactions, forming what the…
Bitcoin’s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000. The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion. BTCUSD. Source: TradingView It has been quite the day…