Author: Anthony M. Orbison

Solana’s native token SOL (SOL) dropped by 9% between March 28 and April 4, but several key metrics grew during the same period. Despite SOL’s price downturn, the Solana network continues to outpace competitors, maintaining its second-place position in deposits and trading volume. Traders now wonder how long it will take for SOL’s price to reflect this onchain strength.Solana outperforms rivals in TVL deposits and DEX volumesInvestor’s declining interest in SOL could be linked to the April 4 staking unlock of 1.79 million SOL, worth over $200 million. The selling pressure is clear, as these tokens were staked in April…

Solana defied the crypto market doldrums and surged by more than 5% on Friday after the retail payment giants PayPal and Venmo rolled out support for SOL. PayPal announced on Friday that users of both payment platforms could now buy, sell, hold and transfer SOL and LINK, the native asset for the decentralized oracle platform Chainlink. LINK jumped by more than 1% on Friday and is trading at $13.00 at time of writing. Meanwhile, SOL rose from $117.15 to a high of $124 before closing the trading day at $122.78. By comparison, the overall crypto market cap dipped by nearly…

Ether had the worst first quarter in seven years regarding price action. Nevertheless, the Ethereum platform continues to develop as founder Vitalik Buterin introduces a new roadmap to increase the ecosystem’s security and finality.  Ethereum killers Platforms copying Ethereum’s functionality while trying to tackle its downsides are usually dubbed “Ethereum killers.” Talks about Ethereum’s death have been so persistent that a special website called Ethereum Obituaries was created. It tracks all the Ethereum “deaths,” ticking at the 133 mark as of press time. Ethereum is criticized for ignoring the community’s demands and opinions during the current cycle. In general, Ethereum’s…

The US Securities and Exchange Commission’s (SEC) Crypto Task Force held separate meetings on April 1 with representatives from BlackRock and the Crypto Council for Innovation’s (CCI) Proof of Stake Alliance to discuss regulatory issues related to crypto exchange-traded products (ETPs).According to memos about the meetings, BlackRock discussed the in-kind redemptions for crypto ETPs traded in the US. At the same time, the CCI included staking on ETPs among the topics discussed with the regulator.Changes to crypto ETPsBlackRock’s attendees included senior representatives from regulatory affairs, product engineering, ETF capital markets, and federal policy.During its session with the Crypto Task Force,…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Despite the recent crypto crash that sent most digital assets tumbling, Ethereum (ETH), Solana (SOL) and Cardano (ADA) have managed to hold their ground. According to latest reports, these three cryptocurrencies are now leading the charts as the most…

Market prices of Cardano (ADA) increased by over 3% on Friday amid a general bullish wave in the crypto market. However, this minor uptick only follows the largely negative performance earlier seen in the week.  Notably, popular crypto analyst Ali Martinez postulates the ninth-largest cryptocurrency could still experience steeper market losses if certain technical support fails to hold. Cardano Critical Support Break Could Lead To 36% Decline In a recent post on X, Martinez shares a cautionary insight on the current ADA market structure hinting at a potential price fall. Based on the Fibonacci retracement levels, Martinez’s analysis indicates that…

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past. According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed…

Bitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&P 500.The S&P 500 posted a $5 trillion loss in market capitalization over two days, its largest drop on record, surpassing the $3.3 trillion decline in March 2020 during the initial wave of the COVID-19 pandemic, according to an April 5 report by Reuters.The record sell-off occurred after US President Donald Trump announced his reciprocal import tariffs on April 2. The measures aim to shrink the country’s estimated trade deficit of $1.2…

The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump.The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders on Nansen’s blockchain intelligence platform — continue hunting for quick memecoin returns.While growing stablecoin holdings show increased caution, smart money remains open to speculative plays, according to Nicolai Sondergaard, a research analyst at Nansen.“There was the recent meme surge and smart money is always happy to…

US President Donald Trump’s trade policies will create worldwide macroeconomic turmoil and short-term financial crises that will ultimately lead to greater adoption of Bitcoin (BTC) as a store of value asset, according to Bitwise analyst Jeff Park.Economic instability from the trade war will cause governments to adopt inflationary fiscal and monetary policies, which will further debase currencies and lead to a worldwide flight to safety in alternative stores of value, like Bitcoin, Park argued. This increased demand for BTC will drive prices much higher in the long term, the analyst concluded. In an X post on Feb. 2, Park predicted…