Tag: News

Why Is Solana Rising Overnight On Thursday?

Solana (CRYPTO: SOL) sustained its upward momentum Thursday overnight, as cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) scaled up its infrastructure to support faster, smoother SOL transactions. What happened: SOL rose over 3% over the previous day, becoming the most successful among the top 10 cryptocurrencies by market capitalization. The...
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Bitcoin, Ethereum, Dogecoin Flat As Trump Attacks Powell Over Rate Cuts: Investor Appetite Softening For BTC? On Chain Analytics Firm Gives Its Take On Risk-Off Sentiment

Leading cryptocurrencies traded flat on Thursday as President Donald Trump threatened to remove Federal Reserve Chair Jerome Powell over delays in implementing monetary easing measures. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) 0.84% $84,856.41 Ethereum (CRYPTO: ETH)                -0.01% $1,582.75 Dogecoin (CRYPTO: DOGE)           +0.12% $0.1552...
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Slovenia’s finance ministry floats 25% tax on crypto transactions

Slovenia’s Finance Ministry is considering a possible 25% tax on crypto trading profits for residents in the country under a new draft law now open for public consultation.  The bill proposes to tax traders when they sell their cryptocurrency for fiat or pay for goods and services, but crypto-to-crypto...
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Ethereum Investors Suffer More Losses Than Bitcoin Amid Ongoing Market Turmoil

Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin. Ethereum Outpaces Bitcoin In Recent...
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Former SEC Head Gensler Slams Crypto Fundamentals, Endorses Bitcoin

Gary Gensler has once again voiced concern over the crypto industry, stating that most digital assets are driven almost entirely by market sentiment rather than solid fundamentals. In a recent appearance on CNBC’s Squawk Box, the former Securities and Exchange Commission (SEC) chair warned that this makes many altcoins...
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