TLDR Solana (SOL) price predicted to reach $330, potentially challenging Ethereum’s dominance SOL outperforms Ethereum in transactions, daily active users, and transaction fees VanEck report suggests SOL could reach 50% of Ethereum’s market cap DeFi, stablecoins, and payments expected to drive Solana’s growth Institutional adoption of SOL lags behind retail investors due to Ethereum’s first-mover […]
Terrill Dicki Sep 27, 2024 07:58 The U.S. Treasury’s OFAC designates Russian exchange Cryptex and facilitator UAPS, while FinCEN names PM2BTC a primary money laundering concern. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Russia-based exchange Cryptex and Sergey Sergeevich Ivanov, […]
In a recent interview with CNBC, Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), addressed ongoing enforcement actions against key players in the cryptocurrency industry. His remarks come amid rising discontent among investors and participants who feel the regulatory landscape has become increasingly hostile. Regulatory Oversight Essential For Innovation? Gensler began by […]
As the crypto market prepares for a bull run, ETFSwap (ETFS) stands out amidst myriad of option including Dogs (DOGS) and Ethena (ENA), projected to soar 36,000% to $3.6 attracting both seasoned traders and newcomers with its innovative features and strong security. ETFSwap (ETFS): The Premier Investment Choice ETFSwap (ETFS) is not just […]
Arthur Hayes, co-founder of the crypto exchange BitMEX, believes Bitcoin is the “release valve” for fiat printed by traditional finance governments to suppress volatility in financial markets to unnatural levels. In an essay titled Volatility Supercycle, Hayes discussed how politicians printing money to create a calm economic surface triggers volatility in crypto and pushes the […]
Robinhood and Revolut are considering stablecoin launches, as Markets in Crypto-Assets (MiCA) regulation may disrupt Tether’s market domination in the EU. However, neither firm has made concrete assurances, and there are other competitors. Tether’s Market Domination Bloomberg reports that Robinhood and Revolut, two massive fintech firms, are considering entering the stablecoins market. The two companies […]
The crypto market is set for potential volatility as approximately $7.7 billion worth of Bitcoin and Ethereum options expire today. With Bitcoin options totaling $5.8 billion in notional value and Ethereum options accounting for $1.9 billion, traders are eyeing the expiration for its potential impact on prices. Fourth Quarter Crypto Outlook: Analysts Predict Strong Market […]
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