Author: John Smith
Solana has quickly emerged as the ultimate use case crypto because of it’s lightning-fast transactions and low fees. Solana blockchain is among the most efficient and widely used. Whether you’re into memecoins, DeFi, or centralized exchanges you should know about the best platforms to trade solana. In this article, we’ll explore the top trading platforms on Solana. This is categorized into three sections: DEXs (Decentralized Exchanges), Centralized Exchanges (CEXs), and Memecoin Trading Platforms. Let’s dive in! 🚀 For on-demand analysis of any cryptocurrency, join our Telegram channel. Decentralized Exchanges (DEXs) – The Backbone of Solana Trading ⚡ DEXs are the heart…
AI technology has progressed quickly which enables the creation of authentic videos that replace faces and replicate voices and generate animated picture sequences. Deepfake technology finds strong support through its operations in Telegram. Various Telegram bots currently provide easy access to deepfake creation through point-and-click operations. Some bots serve fun creative functions yet various bots make users raise pertinent ethical and security-related questions. A review of widely used deepfake Telegram bots reveals their essential features while evaluating their applicable areas as well as their safety threats. This piece will examine moral issues related to these bots and elaborate on their…
Bitcoin price bounced back and moved above the key resistance level of $84,000 after tumbling to a multi-month low of $78,200 on Friday. Bitcoin’s (BTC) rebound coincided with a recovery in U.S. equities, which pared back earlier losses. The Dow Jones index rose 165 points, while the Nasdaq 100 gained 80 points. A potential catalyst for the recovery was news that BlackRock maintained its bullish stance on Bitcoin this week. The world’s largest asset manager confirmed plans to allocate about 2% of its model portfolio assets to its IBIT ETF. Bitcoin also rebounded following the release of an encouraging personal…
CME Group, the world’s leading derivatives marketplace, plans to launch Solana futures on March 17, pending regulatory approval The derivatives marketplace announced in a press release the upcoming contracts on Feb. 28, stating that they will provide investors with a regulated way to manage price risk in Solana’s (SOL) market, reflecting growing institutional demand for cryptocurrency derivatives. The new contracts will be cash-settled and based on the CME Solana-Dollar Reference Rate, which calculates the daily U.S. dollar value of Solana. Traders will have the option to choose between a micro contract (25 SOL) and a standard contract (500 SOL). Giovanni…
Solana gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a nearly 50% drop. TVL represents demand and relevance for a chain, meaning Solana is negatively affected by the shifting market dynamics. Solana-based meme coins considered the catalyst driving gains in SOL (SOL) this market cycle, are struggling to recover as traders turn fearful. State of Solana The total value of assets locked is a key metric used in DeFi to track investor confidence, a…
BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its Bitcoin (BTC) exchange-traded fund to target model investment portfolios. These allocations, sourced from the BlackRock iShares Bitcoin Trust ETF under the ticker IBIT, will be directed toward the company’s portfolios that include alternative investments. In the investment world, model portfolios are pre-structured funds designed to offer ready-made strategies. They provide managed investment strategies that invest in fund shares and are…
Solana price crashed to a multi-month low on Friday before stabilizing after a whale stepped in to buy the dip. Solana (SOL) bottomed at $126.15, down by 57% from its highest point this year, and then bounced back to $145. One factor behind the recovery was a whale purchase on Friday, signaling confidence in a potential bounce. According to Lookonchain, the whale initially withdrew $12 million worth of Solana from Binance and staked it. Later in the day, the same whale executed two more similar transactions, bringing the cumulative purchase to $14 million. These purchases were notable because they occurred…
Patrick McHenry, former chair of the House Financial Services Committee, has joined three crypto-focused companies since his pivot from policymaking. The ex-Republican congressman was hired as vice chair of Ondo Finance’s advisory board as the protocol aims to move more real-world assets onto blockchain networks. Ondo Finance is an on-chain protocol that uses cryptographic technology to enable trading for real-world assets like U.S. Treasuries on decentralized venues such as Ethereum. According to DefiLlama, Ondo has nearly $1 billion in tokenized asset deposits. Ondo Finance TVL – Feb. 28 | Source: DefiLlama Private sector grabs pro-crypto Patrick McHenry Crypto companies have…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, priced at $0.006 in presale with $16.8m raised, could follow in Solana’s footsteps as the next blockchain leader. Those who missed the opportunity to invest in Solana (SOL) during its early days now could be the chance to get in on a new token with similar potential — Lightchain AI. Priced at just $0.006 in its ongoing presale and already raising over $16.8 million, Lightchain AI is rapidly positioning itself as a future leader in the blockchain…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cryptos like ONDO, OM, and XYZ are showing recovery, while Solana and Cardano face declines in the market. Some cryptocurrencies are bouncing back, showing signs of recovery, while others continue to struggle. Tokens like ONDO, OM, and XYZ are gaining attention for their upward movements. Meanwhile, well-known coins such as Solana and Cardano are facing declines. What is driving this shift in the market, and what could it mean for investors? XYZ’s rise to glory: The meme coin fighter…