Solana (SOL) Is Now The Second-Largest Protocol By NFT Sales Size
Solana (SOL), a popular open-source Blockchain that facilitates smart contracts, has seen a significant increase in market value in recent months. Solana’s NFT sales volume has resulted in it becoming the second-largest protocol by the end of the quarter according to data from cryptocurrency analytics platform Messari, with Ethereum taking first place. The NFT market […]
Here’s Why Bitcoin (BTC) Price Drops Significantly As Crypto Market Loses $400 Million
The world’s largest cryptocurrency, Bitcoin has maintained its correlation with other high-risk investments. The huge bull took a spectacular nose dive on May 5th, and Bitcoin (BTC) is still trading downwards at the time of writing. Over 400 million has been liquidated in 24 hours Bitcoin is trading at $36,421, as its 24-hour loss rallies […]
Here’s The Major Reason Behind Bitcoin (BTC) Tumble To $35k
Bitcoin (BTC) tumbled below a critical support level of $38,000 this week, as worries over an economic recession and rising interest rates magnified. The token has dropped more than 8% in the last 24 hours, hitting a 1½ low of about $35,000. The drop was likewise one of the worst slumps yet in 2022. The […]
Crypto Futures Crash Could Make You Rethink Long Bitcoin (BTC)
Bitcoin (BTC) witnessed its biggest number of liquidations since late January in the last 24 hours, data revealed on Friday, May 6th. The world’s largest cryptocurrency dropped over 8% to as low as $35,000, its lowest level since the start of the Russia-Ukraine war. This triggered the liquidation of over $160 million positions in the […]
Here’s Why Anchor Protocol Is Rallying Over 13% Amid Market Tumble
The Terra blockchain’s largest DeFi platform, Anchor Protocol (ANC), looks to be moving in opposition to the market tide. Its ANC token has increased by more than 13% despite market crash. The global cryptocurrency market has decreased by approximately 6.5% in the last 24 hours. The total market capitalization stands at $1.68 trillion. Bitcoin (BTC), […]