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The Solana price jumped 17% in the last 24 hours to trade at $130 as of 4:45 a.m. EST on trading volume that skyrocketed 220% to $7.57 billion. Solana’s new price surge came amid a market-wide bull run which is once again led by Bitcoin. The world’s oldest cryptocurrency blasted through $64k yesterday before paring gains. Bitcoin’s market dominance ensured that altcoins will follow, which led the SOL price to skyrocket as well. However, while Bitcoin stopped only around $5,000 short of its ATH, SOL still has a long way to go as it’s now only reached 50% of its ATH. This is why many analysts believe the coin has a lot more room left to grow. Led by the expectations of further growth, traders started buying, which pushed the coin’s daily trading volume up by over 220%. Solana Price Prognosis The SOL price climbed to $130 as part of the new rally, but it appears that this level stands as a strong resistance that has prevented it from moving further up. Of...

Victoria, Seychelles, February 29th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 platform, is thrilled to announce the listing of Portal, a groundbreaking platform set to transform the Web3 gaming experience, in its Innovation and GameFi Zone. Portal is designed to simplify the discovery and engagement with Web3 games, providing a seamless, frictionless journey for mainstream gamers into the vast network of blockchain-based gaming. Portal’s innovative platform enables gamers to access and play games across all chains through a single account layer, eliminating the need for bridging, swapping, or purchasing additional tokens. This development marks a significant milestone in the evolution of Web3 gaming, making it more accessible and enjoyable for gamers worldwide. The native utility and universal gaming token of the Portal ecosystem, $PORTAL, plays a central role in facilitating various functions within this expansive gaming lands...

Cilinix Crypto offers a brief update on two Bitcoin alternative crypto presales, highlighting their unique Features : Stake-to-Mine and Predict-to-Earn. In the last four days, the price of Bitcoin (BTC) has surged, reaching over $58,000 for the first time since December 2021. Many experts predict it could surpass $60,000 by early March if this momentum holds. Now, the question is, can these two Bitcoin-related cryptos ride this Bitcoin rally? To answer this, let’s quickly review the progress and potential of these two tokens currently in presale. Two Bitcoin-related crypto presales to watch this year First, let’s discuss some key aspects of presales: They allow individuals to purchase tokens before they’re officially released. This can offer opportunities for discounted rates or profitable staking rewards, but it’s crucial to acknowledge the associated risks. While some presales may experience sharp declines after launch, others could result in substantial ...

Pepe (PEPE), the cryptocurrency inspired by memes, continues to astonish, surging by nearly 180% in just one week. This extraordinary comeback has attracted the interest of cryptocurrency enthusiasts and reignited enthusiasm for meme coins in general. Once overshadowed, PEPE is now leading the pack in the meme coin arena. PEPE tops the list of the top 100 cryptocurrencies for the mentioned period, boasting daily gains of 43.72% and weekly gains of 176.30%. Picked for you Bybit integrates TradingView facilitating trades with new charting capabilities 32 mins ago Ripple to unlock 1 billion XRP on March 1; What’s next? 43 mins ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 1 hour ago The anatomy of a parabolic plummet: why this stock crashed hard 2 hours ago Its market capitalization has also soared to a remarkable $1.3 billion, signaling a potential to quickly reach its all-time high market cap of $1.8 billio...

Sam Bankman-Fried’s lawyers request the court for a maximum of 6.5 years of prison sentence for him. The lawyers recommend the judge consider Bankman-Fried’s charitable deeds and societal commitment. Asserting that his accounts were not for his personal gains, the lawyers requested the court not to forfeit any assets. The ill-famed Sam Bankman-Fried’s lawyers requested the court to limit his imprisonment to a maximum of 6.5 years. In a 98-page memo submitted on Tuesday, the lawyers requested U.S. District Judge Lewis A. Kaplan to mitigate the punishment while the judge could issue a longer sentence of 20 years. The lawyers recommended the court consider Bankman-Fried’s charitable activities and other deeds that demonstrate his societal commitments. The memo questioned the unsympathetic descriptions of Bankman-Fried. Allegedly, the FTX founder was labeled a “sociopath” and a man with “no morals, remorse or empathy.” He was also addressed as “one of history’s m...

The VeChain community is buzzing with excitement as it awaits a big announcement set to be unveiled on February 28th.  Per the official VeChain handle on X, the blockchain is set to reveal new information for its users. The anticipation has already secured considerable user attention, pumping the VET token to new levels.  At press time, the token is up 3.28% and trading at $0.04942.  Also Read: VeChain: VET Price Soars 12% in 24 Hours; Here’s Why What’s This Big Announcement All About? VeChain tweeted new information via X, sharing that it has some crucial details for its community to share. The tweet consisted of a headline that said the announcement is set to be unveiled on February 28th and will be announced by its CEO, Sunny Lu at the Mobile World Congress in Barcelona.  Are you ready to engage, earn, and prosper? VeChain is in Barcelona for #MWC2024! CEO @sunshinelu24 will make an announcement on February 28th. We’re building a ...

The Bitcoin price has exploded nearly 10% in the last 24 hours to trade for $56,242 as of 1:30 a.m. EST time. Trading volume is up 230%, signifying a remarkable surge in BTC. Amid this euphoria, the Bitcoin price blasted past the $55,000 milestone during the afternoon hours of the US session, liquidating nearly $100 million in short positions against around $12 million longs. BTC liquidations Feb 26 Latest data shows that as of publishing time, $64.09 million shorts have been liquidated, alongside $17.76 million long positions. BTC liquidations Feb 27 With it, as the shorts closed their positions (effectively buying), there has been a striking $1.41 billion increase in open interest, moving from $23.45 billion to $24.86 billion in 24 hours. For the layperson, open interest represents the sum of all open long and short positions for an asset in the market. Why Is The Bitcoin Price On A Tear? The surge in the Bitcoin price is inspired by two themes, with the reports coming in t...

The SushiSwap price prediction shows that SUSHI price could break additional resistance levels if the buyers increase the bullish movement. Navigating SushiSwap (SUSHI) Investments – Your Comprehensive Guide According to the daily chart, SUSHI/USD is refreshing to a new daily high as the coin spikes to the upside to trade close to the resistance level of $2.00. However, the daily chart shows the coin trading at $1.82 with a bullish movement around the upper boundary of the channel. Meanwhile, if it slides below the 9-day and 21-day moving averages, sellers may attempt to return to the market, but the bulls are likely to collect more on the price dips. SushiSwap Prediction Statistics Data: SushiSwap price now – $1.54 SushiSwap market cap – $357.5 million SushiSwap circulating supply – 232 million SushiSwap total supply – 250.2 million SushiSwap Coinmarketcap ranking – #171 SUSHI/USD Market Key Levels: Resistance levels: $2.30, $2.50, $2.70...

A top analyst who nailed the end of Bitcoin’s (BTC) 2021 bull market thinks that one artificial intelligence (AI)-related altcoin is gearing up to rally to a fresh record high. Pseudonymous analyst Pentoshi tells his 756,300 followers on the social media platform X that he’s bullish on the native asset of Render (RNDR), a crypto project that aims to provide a decentralized marketplace for Graphics Processing Units (GPUs). The project, which recently migrated to Solana (SOL), now uses its GPU network to give users the required compute power to complete tasks in the AI field such as machine learning training. According to Pentoshi, RNDR is on the cusp of breaching its all-time high of $8.78, which it recorded in November 2021. “I do think it will enter price discovery in the very near future, but would not be surprised to see it consolidate and correct for a few weeks first. The middle of this larger range likely a good area to buy and something I...

Ripple CTO, David Schwartz, addressed concerns surrounding the debut of AMM. The Automated Market Maker (AMM) on the XRP Ledger (XRPL) is set to debut soon. Schwartz believes that the impact of the AMM on XRP’s volatility will be very small. The upcoming launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL) has sparked discussion within the digital asset community. Ripple enthusiasts are curious about how this new feature might impact the native XRP token and, more specifically, whether it could contribute to a reduction in XRP’s price volatility. While volatility haversting does, at least in theory, reduce volatility, I don't think AMMs on the XRPL DEX will cause a meaningful decrease in XRP price volatility any time soon. DEX trading activity is a drop in the XRP trading ocean. 2/2 — David "JoelKatz" Schwartz (@JoelKatz) February 25, 2024 Recent developments in the XRPL community delayed the implementation of the...

ZachXBT has recovered a chunk of funds from a stolen non-fungible token (NFT) sale. Hackers stole the rank 1 DeGods NFT from a victim via a phishing attack in May 2023 and sold it for 99ETH. ZachXBT announced he would soon stop his pro bono services because of pressure from the crypto community. A pseudonymous on-chain researcher identified as ZachXBT on X has recovered a chunk of funds from a stolen non-fungible token (NFT) sale. In a recent post on X, ZachXBT told his followers that he has since returned the recovered funds to the original owner of the NFT. In May 2023 the rank 1 DeGods NFT was stolen from a victim after visiting a phishing site and sold for $177K (99 ETH). I am pleased to share I was able to help recover a decent chunk of the stolen funds which have now been returned back to the victim. While recovery can be a… pic.twitter.com/rBNB2Sjfin — ZachXBT (@zachxbt) February 24, 2024 According to ZachXBT, hackers stole the rank 1 DeGods NFT f...

Renowned financial educator and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has expressed an unexpected perspective on the potential crash of Bitcoin (BTC).  Notably, Kiyosaki ranks among the notable backers of Bitcoin, maintaining that the asset can record significant gains in the future despite a section of the market stressing that the cryptocurrency has the potential to plunge to zero.  In this line, in an X (formerly Twitter) post on February 24, Kiyosaki addressed the common question he receives about the possible consequences of a Bitcoin crash , drawing parallels with other precious assets like gold and silver. Picked for you 3 cryptocurrencies to avoid trading next week 50 mins ago AVAX sell-off alert: Avalanche suffers major outage 20 hours ago Dogecoin competitor threatens 100% bullish breakout 22 hours ago Early backers fund Flare, reducing liquidity and fueling increased investment in...

Speaking to CNBC today, Grayscale CEO Michael Sonnenshein said that a Spot Ethereum ETF is “a matter of when, not a matter of if.” Indeed, Sonnenshein was featured on the prominent Squawk Box program discussing the investment product. Moreover, Grayscale’s head revealed his confidence in his optimism because of the company’s work alongside regulators. Within the interview, Grayscale’s CEO said that the team would follow the same pattern of work done to get a Spot Bitcoin ETF approved. Specifically, he noted the required focus on investor protections and similar functions. However, he did assure that it was “too early to say” if such an approval would require a lawsuit as the Bitcoin ETF approval had. JUST IN: Grayscale CEO says a spot Ethereum ETF is "a matter of when, not a matter of if." pic.twitter.com/YNOEbOSSyb — Watcher.Guru (@WatcherGuru) February 23, 2024 Also Read: Ethereum: Here’s Why ETH’s Price is Dow...

Terra Luna Classic and Jupiter continue their downward trend as they decline in rank, leaving investors searching for promising alternatives. NuggetRush has raised over $2.3 million in presale funds, and investors anticipate its official listing on major platforms. NuggetRush is the best P2E project for gaming enthusiasts seeking tangible benefits. Terra Luna Classic (LUNC) and Jupiter (JUP), two promising crypto initiatives, face challenges due to their price actions. Terra Luna Classic entered 2024 with bullish potential, but the project declined significantly due to reduced trading volume.  Despite its airdrop, Jupiter also witnessed a price slump, which gained investor interest. The performance of these two projects demonstrates bearish market conditions, yet this newcomer defies the trend. NuggetRush (NUGX) is the bullish meme coin storming the market with its unique offerings. NUGX stands out from other crypto projects due to its real-world ...