As this year ends, the recent performance by Solana (SOL) positions it as one of the biggest gainers this year, especially in the previous month, where it added almost 80% to its value. Cryptocurrency traders and investors contemplate SOL’s potential price ranges in the coming year. Despite still being below its all-time peak of $246.67, this crypto displays indications of ...
As the cryptocurrency sector grows larger, its participants increasingly become targets of hacking attempts, rug pulls, and even outright threats to their lives, including in the shocking case of the kidnapping of a crypto miner in the city of Izhevsk, Russia. Specifically, a criminal gang had recently targeted a 23-year-old cryptocurrency miner, forcibly taking him from the yard in front ...
After weathering an icy crypto winter in the previous year, Bitcoin (BTC) has orchestrated a remarkable comeback in 2023. Fueled by easing macroeconomic pressures and improved market conditions, Bitcoin’s value has nearly tripled since the year’s start amid a reignited investor interest in the world’s largest cryptocurrency. However, the spotlight remains on the highly anticipated approval of the inaugural spot ...
On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system of the XRP Ledger. On January 1 (Monday), the company will unlock $620 million worth of tokens in three transactions of 100 million, 400 million, and 500 million XRP. Interestingly, January 2024’s unlock accrues for 1.84% of the current 53.56 billion circulating supply ...
In the volatile world of cryptocurrency trading, savvy investors know how to avoid unnecessary risk exposure to cryptocurrencies. For example, the Relative Strength Index (RSI) signals potential overvaluation when it surges above 70, marking assets as overbought. Notably, three cryptocurrencies flash warning signs with their high RSI readings. In this context, traders must exercise caution and apply stringent risk management ...
With 2023 drawing to a close, investors have benefitted from the good performance of the stock market. Conversely, many commodities have experienced gains in value. Investors might wonder which commodities they should invest in in 2024 while considering the ongoing global developments, weather conditions, inflation, and supply and demand dynamics. Finbold utilized AI-driven solutions, ChatGPT from OpenAI, that considers all ...
Since the beginning of 2023, Ripple has made massive progress in its court battle against the United States Securities and Exchange Commission (SEC), which has accused the blockchain company of illegally selling the XRP token, a cryptocurrency considered a security by the regulator. Specifically, at the year’s turn, the XRP community was on the fence about the lawsuit’s future, with ...
With the year 2024 just around the corner, many assets in the cryptocurrency sector seem to be taking a breather before entering the new year with more optimism, and some, still available under $0.10 per wholecoin, are a good buy in the next week. In this context, Finbold has scoured the crypto market for a list of three digital assets ...
Despite an impressive 80% monthly rally in December that propelled its market cap to the fourth position among all cryptocurrencies by size, the price of the Solana (SOL) token experienced a post-Christmas dip, falling to $107. Nevertheless, this price increase of Solana has prompted investors to look for a possible entry point into this cryptocurrency, as it shows signs of ...
In an exclusive interview with Finbold, Cecilia Hsueh, the CEO of Morph, a consumer-centric blockchain layer two platform, explored the expected transformation of consumer-focused blockchain. She discussed several factors with the aim of making blockchain technology more accessible, ultimately aspiring to turn it into a daily utility for the broader population. In the context of this discussion, the co-founder shared ...
