Prediction of a 35% Drop in the SOL price by September
Due to a traditional bearish reversal pattern, the SOL price faces a major market decline in the next weeks. While facing worries about recurrent network disruptions and centralization, Solana is following larger crypto market developments. Future SOL price adjustment of 35%? SOL price has been depicting a rising wedge on the three-day chart, which is […]
Philippines central bank moves for a Crypto ‘enabling environment’
Despite acknowledging that cryptocurrencies have the potential to enhance domestic and international payments, the Philippines central bank continues to oppose the use of cryptocurrencies as legal money. The Philippines central bank is looking for ways to better safeguard investors amid the country’s growing cryptocurrency usage by raising local crypto understanding. According to a BSP spokesman, […]
Scaramucci identifies key reasons why crypto market will rebound
Scaramucci is optimistic about the future of the crypto sector but warns investors against trading emotionally and reacting to unfavorable news. Anthony Scaramucci attributed his future optimism to the Merge, improving macroindicators like declining inflation, significant corporate alliances, and surging crypto prices. Anthony Scaramucci, the founder and managing partner of Skybridge Capital, is upbeat about […]
FTX and Paradigm Partner for ‘one-click’ futures spread trading
Together with the cryptocurrency exchange FTX, Paradigm has announced the start of spread trading. In a blog post on Friday, Paradigm said that FTX users would be able to use “one-click” trading with “no legging risk” for the spread between spot, perpetual, and fixed maturity futures on Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), […]
Attackers Hijack Curve Finance DNS, Steal $570K
Decentralized crypto exchange Curve Finance discovered its DNS was being hijacked in another significant security breach in the cryptocurrency world. On the main page, the hackers were able to insert a fraudulent contract that, if accepted by the victim, would entirely empty the user’s wallets. The attackers took more than 570K from user wallets on […]