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Solana (SOL) was one of the top-performing cryptocurrencies during this cycle, attracting retail and institutional interest due to its network scalability and transaction efficiency. Finbold selected two promising Solana competitor s to consider for the second half of 2024. Notably, SOL had an impressive 19,873% rally in 2021 and another remarkable recovery from the 2022 bottom. In the previous bull market, Solana went from $1 to $260 in less than 12 months. Later, it made from $8 to $204 in one and a half years, currently trading at $140 per token. SOL/USD weekly chart. Source: TradingView (CRYPTO index) Solana positioned itself as a strong competitor to Ethereum (ETH), the leader in Web3 and decentralized finance (DeFi). In particular, the network offers a much higher throughput measured by transactions per second (TPS), faster confirmation, and cheaper fees. Picks for you ...

Nubank , a leading digital banking platform, has recently announced a groundbreaking partnership with Lightspark to integrate the Bitcoin Lightning Network into its services. This collaboration is set to revolutionise financial transactions for over 100 million Nubank customers across Brazil, Mexico, and Colombia, providing a faster, cheaper, and more secure financial experience. By delving into the specifics of this partnership, we can uncover its potential impact on Nubank’s user base and the broader financial ecosystem. Integrating Advanced Blockchain Solutions We believe real-time payments powered by #Bitcoin and #Lightning will be key for businesses to gain a competitive edge Lots more to discover on our channel here: https://t.co/HgTLPDjLxw pic.twitter.com/I2WbrpPJZR — Lightspark (@lightspark) June 26, 2024 The partnership between Nubank and Lightspark focuses on leveraging the Bitcoin Lightning Network to enhance Nubank’s financial services...

In the last week, the price of Bitcoin took a significant nosedive, recording a 7% loss to trade as low as $59,478. According to data from CoinMarketCap, Bitcoin attempted a rebound following this dip but has since been stuck in consolidation between $60,100 – $62,300. Commenting on this development, John Bollinger, inventor of the Bollinger Bands, a popular technical momentum indicator, has provided potential insights into Bitcoin’s next movement as investors continue to await the much-expected crypto bull run. Related Reading Market Tremors: $10 Billion in Bitcoin Dumped in May Alone, What Does This Signal? 7 hours ago Bitcoin To Remain In Consolidation, Bollinger Says In an X post on June 28, Bollinger predicted the price of Bitcoin will maintain its current range-bound movement. The prominent analyst made this projection based ...

Cryptocurrency markets are on edge as July approaches, with JPMorgan warning of potential turbulence from Mt. Gox creditors. The defunct Bitcoin exchange is set to repay creditors next month, releasing a staggering 142,000 Bitcoin worth approximately $9 billion. Concerns loom that these creditors might swiftly liquidate their holdings, triggering market volatility. This concern is bolstered by recent actions seen among Gemini creditors, who have reportedly begun selling off received crypto assets. JPMorgan’s Analysis indicates that if similar sell-offs occur among Mt. Gox creditors in July, it could lead to a temporary market downturn followed by a potential recovery in August. Biggest Crypto Gainers Today – Top List In today’s bustling crypto space, standout performers are making waves. Moonbeam shines with its Ethereum-compatible infrastructure on Polkadot, offering robust tools for developers and a steady 13.37% price surge. Avalanche accelerates with its high-...

Joe Biden and Donald Trump will debate tonight in Atlanta for a 90-minute national television broadcast. CNN’s Jake Tapper and Dana Bash will moderate the debate, which begins at 9 pm ET. There will be no live audience. Between two scheduled commercial breaks, both men are expected to answer questions about a wide range of topics, perhaps including their stances on crypto. Three topics are particularly salient for the first presidential debate of the 2024 election season. First, voters are interested in their views on a central bank digital currency (CBDC), which would affect the economy, the dollar itself, the Federal Reserve, and Treasury agencies like the US Mint, the IRS, or The Office of Foreign Assets Control (OFAC). Second, voters want to hear about crypto regulation, including laws regarding criminal enforcement, SEC oversight, self-c US tody, mining, and coin privacy services. Lastly, voters are curious about their stance on crypto businesses, including job creatio...

As Bitcoin (BTC) continues to consolidate in the zone around $60,000, the status quo could potentially extend for another several months, considering that the relative strength index (RSI) of the flagship decentralized finance (DeFi) asset has hit its most oversold level in over 300 days. Specifically, Bitcoin has just hit the RSI of 30, which last time happened in September 2023, preceding a period of over three months of consolidation just below the key resistance at $30,000, according to the observations shared by pseudonymous cryptocurrency analyst Jelle in an X post on June 27. Bitcoin RSI/price performance analysis. Source: CryptoJelleNL Taking this previous chart pattern into consideration, the crypto market expert pointed out that if history repeats itself this time around, the largest asset in the crypto sector by market capitalization could be looking at more than three months of consolidation below $70,000. ...

The phenomenal surge of interest in Solana-based meme coins has triggered a significant uptrend in the price dogwifhat. After enduring a downtrend in the past few weeks, dogwifhat is now on a recovery path, soaring by up to 7% in the last 24 hours and currently trades above the $2 mark.  The uptick in the demand for Solana meme coins is also benefiting smaller projects, including the upcoming launch of Sealana token .  The viral seal-themed meme coin gathered upwards of $6 million from early investors, becoming the hottest presale crypto on Solana.  Following an exceptional ICO outing, Sealana is now gearing up for its eagerly-awaited token airdrop and DEX launch. According to the team, both events will unfold on July 2, 2024 at 1pm UTC.  The #Presale has ended! 🚨 The #Airdrop will commence on Tuesday, July 2nd at 1 PM UTC! 🕙🦭 Don't worry you can still buy $SEAL before the airdrop begins! 🚀💸 #Sealana is more excited than a fat guy at McDonalds ...

Injective (INJ), a project known for its cross-chain derivatives protocol, is grabbing headlines after crypto analyst Javon Marks released a bullish prediction. Marks, a popular figure in the crypto space, believes INJ is poised for a “monstrous rally” towards a staggering $380 target. Related Reading Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction? 1 day ago This optimistic outlook comes amidst a generally volatile cryptocurrency market, leaving investors to wonder: is Injective really hurtling towards the moon, or is this a case of overzealous enthusiasm? Technical Twinkle: Hidden Bullish Divergence Fuels Optimism Marks’ prediction hinges on a technical indicator known as “hidden bullish divergence.” In layman’s terms, this suggests a potential disconnect between the...

The io.net price climbed over 1% in the past 24 hours but is still down more than 15% on the weekly timeframe to trade at $3.30 as of 6:55 a.m. EST as investors dump the altcoin. This minor gain throughout the past 24 hours comes shortly after the IO price established a new all-time low at $3.14. After dropping to this point, the crypto has since risen more than 5%. The io.net Price Trying To Break Above A Negative Trend Line 4-hour chart for IO/USD (Source: GeckoTerminal ) The io.net price rebounded off of the key $3.1770 support over the last 24 hours. As such, IO is now attempting to overcome a medium-term negative trend line that has emerged on its charts. Should it breach this threshold within the next 8 hours, it could begin to climb to the $3.9642 resistance level. If bulls then decide to continue exerting pressure on the io.net price, the crypto might have the backing needed to flip $3.9642 into support. Thereafter, the crypto could keep climbing in the following 24 hou...