Main conclusions Solana lost 95% of its value, dropping from $54.5 billion to $4.4 billion Its correlation with Sam Bankman-Fried caused a bearish price movement Major projects have fled the blockchain this year, due to concern over Solana’s long-term future. For cryptocurrency investors, 2022 has been an unforgettable year. But even with all the market … Read more
© Reuters. by Gunay Caymaz Investing.com – Credit rating company Moody’s is working on a scoring system for the stablecoins that hold a large share of the industry. According to the news reported by Bloomberg, an unnamed source with knowledge of Moody’s work stated that the scoring system will consider about 20 stable crypto assets … Read more
FLOKI surged 20% after the proposal to burn the tokens CryptoFácil – Through a Decentralized Autonomous Organization (DAO), cryptocurrency developers have proposed burning nearly 5 trillion units. That is about 44% of the total supply of FLOKI in circulation, which is approximately $9 trillion. In all, the proposed value for the burning is approximately R$270 … Read more
Through a Decentralized Autonomous Organization (DAO), the developers of the FLOKI cryptocurrency have proposed burning approximately 5 trillion units. That is about 44% of the total supply of FLOKI in circulation, which is approximately $9 trillion. In all, the proposed value for the burning is approximately R$270 million. According to the developers, the goal is … Read more
Shares (OIBR3) jumped 85% in just three days, going from R$1.30 to R$2.45. Preferred assets (OIBR4) jumped 50% in the same period. This Friday (27), the situation is already different, OIBR3 is down 9.13% and OIBR4 is down 7.38%. The movement caught the attention of B3 (B3SA3), who asked for clarification. Oi said it is … Read more
Earlier in the week, while bitcoin (BTC) was moving sideways and altcoins were up as much as 68%, two coins were threatening to remain bullish. One of them was AXS, a play-to-win (P2E) native token built on the Axie Infinity blockchain, which traded at $11.20 (-7.1%) and accumulated a monthly increase of 77% on Friday(27). … Read more
Bithumb: Exchange bureau hacked in price manipulation investigation CriptoFácil – South Korean-based Bithumb is the center of a new investigation by the country’s authorities. Last Thursday (26th), the Bithumb office was raided as part of an investigation into alleged price manipulation of cryptocurrencies available on the platform. According to local portal Yonhap, prosecutors from the … Read more
© Reuters by Gunay Caymaz Investing.com – While the community continues to await the launch of Shibarium, which will act as the layer 2 blockchain network in the ecosystem, recent developments seem to herald that the launch is very close. Atomic Wallet announces support for Shibarium Announcing support for Shibarium, the third-party wallet app Atomic … Read more
Chainlink may drop by 10%, analyst predicts CriptoFácil – Although the cryptocurrency market is experiencing a rally and positive expectations among investors, (LINK) may face some barriers and decline during the market rally This is Philip L.’s analysis. According to him, the LINK bulls managed to maintain a bullish position by keeping Chainlink in a … Read more
Cryptocurrency investors woke up with an even bigger appetite on Monday (2), after stagnating in recent days amid the holiday season. In the United States, stock exchanges are closed and reopened only on Tuesday (3). Bitcoin (BTC) price is up 1.3% in the past 24 hours, at $16,727.32. Ethereum (ETH) price rose 1.6% to $1,214.13, … Read more