In Brief Solana ETFs face near-zero approval chances in 2024 due to SEC rejections and regulatory hurdles. Analysts see no path forward without a clear regulatory framework and possible political shifts. SEC’s refusal to post critical filings halted the Solana ETF approval process early on. The outlook for United States-based Solana exchange-traded funds (ETFs) in…
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In Brief Shiba Inu’s price has been in a consistent downtrend since the beginning of March. As a result, investors have stepped away, given participation is at a six-month low. The MVRV ratio is currently in the opportunity zone, signaling accumulation. Shiba Inu (SHIB) price is facing the consequences of the ongoing downtrend, which…
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In Brief Vitalik Buterin, Ethereum’s co-founder, has registered the dacc.eth domain for defensive accelerationism. Buterin’s idea advocates for a more cautious and democratic approach to technological development. Buterin emphasizes the need for tech growth that maximizes benefits while mitigating risks. Ethereum co-founder Vitalik Buterin has registered the dacc.eth domain name today, months after publishing a…
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In Brief Justin Sun’s Tron blockchain has embraced the memecoin trend through its SunPump platform. The platform has already launched over 5,500 memecoins and generated significant TRX revenue. Sun predicts the network will soon see a memecoin with a market cap exceeding $1 billion. Tron, the blockchain founded by Justin Sun, is now embracing…
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In Brief Only 15 out of 1.7 million meme coins have sustained a market cap over $10 million, a 0.0001% success rate. Pump.fun faces criticism for fostering an environment with extremely low odds of meme coin success. Pump.fun’s free coin launch policy sparks debate, with critics fearing an influx of low-quality tokens. The meme coin…
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In a recent Twitter Space session, Bruna Brambatti hosted an enlightening discussion with Trust Wallet’s CEO, Eowyn Chen, and Head of Product, Nate Zou. The conversation delved into Trust Wallet’s latest advancements, focusing on its newly launched features: Trust Wallet Quests and Trust Points. The Evolution of Trust Wallet Since its inception in 2017, Trust Wallet has evolved beyond a simple…
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In Brief comprehensive Latam Crypto Roundup brings the latest news and trends from across Latin America. This week’s edition covers Bybit’s recent registration as a Virtual Asset Service Provider in Argentina, and more. As the Latin American crypto scene grows, these stories highlight the region’s rising influence in the global market. comprehensive Latam Crypto Roundup…
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In Brief Bitcoin saw a sharp drop, hitting below $60,000, following the US July CPI data release on Wednesday. A recent report by Token Terminal analyzed the possibility of BlackRock launching its own blockchain. This week, Binance announced the delisting of six altcoins, causing significant dips in affected tokens. This week, Bitcoin and…
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In Brief BNB trades in an ascending triangle since August 6, rebounding 16% from a $463.97 low. Break above $524 resistance could trigger a rally to $561; failure may lead to a drop toward $476. Technical indicators like Parabolic SAR and MACD confirm bullish momentum as buyers push for a breakout. Binance Coin (BNB) has…
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In Brief Crypto whales bought Litecoin, Polygon, and Avalanche in the second week of August. Litecoin price saw an 8.82% rise in the last seven days as whales increased holdings. MATIC and AVAX prices remained subdued with future gains tied to upcoming events Despite a relatively choppy market, crypto whales still splashed their cash on…
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