Author: Benjamin Lee
Solana (SOL) jumps above $200, aiming for the July peak of $206.32. Whale sales and unstaking raise short-term supply concerns. $170 support and $206 resistance are key to the next price move. Amid renewed altcoin market optimism, the native token of Solana, SOL, has surged past the $200 mark, reclaiming a key psychological level. Over the past 24 hours, SOL has risen by 15.4% to trade near $201.71, with a 24-hour range stretching from $174.20 to $201.58. Solana now targets July peak Crucially, breaking $200 is a psychological and technical milestone that can attract buyers. As renowned analyst Jelle notes,…
Bitcoin Cash price is near $590 having touched highs above $604 in the past 24 hours. While BCH is a mere 1% in 24 hours at the time of writing, it’s 18% higher in 30 days. Bitcoin Cash could break above critical resistance and eye the $1,000 level. Bitcoin Cash (BCH) is not one of the flashy performers in the crypto market, with the coins’ 18% uptick in the past month small compared to peers in the top 100 cryptocurrencies by market cap. However, as Ethereum makes headlines as it approaches its all-time high, Bitcoin Cash is also hovering around…
Cyber price rose 80% in 24 hours to hit $4.5. Broader market sentiment and Upbit listing catalysed the gains. If the broader crypto market continues its upward trend, CYBER price could target a new all-time high. Cyber (CYBER), the native token of the CyberConnect ecosystem, has witnessed an impressive 80% surge in 24 hours to hit highs of $4.5, its highest level since January 2025. This explosive price gain has captured the market’s attention, with daily volume spiking more than 825% to over $410 million. Meanwhile, the market cap has jumped to over $154 million. Per data from CoinMarketCap, CYBER…
Chainlink price traded around $21.47 on Aug. 11, 2% down from highs of $22.55 in 24 hours. Ethereum led top altcoins like Bitcoin Cash and BNB higher as it crossed above $4,300. Chainlink’s partnership with Intercontinental Exchange could be a key catalyst. Chainlink (LINK) price has retreated 2% in the past 24 hours to trade around $21.47, slightly off its multi-week highs of $22.55. This bucks the uptick for Bitcoin and top altcoins such as Ethereum, Bitcoin Cash and BNB. LayerZero also rose. However, as the market digests the potential impact of its latest partnership with Intercontinental Exchange (ICE), the…
The top US-based crypto exchange platform is adding support for a Cosmos (ATOM)-based decentralized finance (DeFi) altcoin. In a new thread on the social media platform X, Coinbase says it is adding support for the fourth iteration of dYdX (COSMOSDYDX), a DeFi platform built on the interoperability blockchain focused mainly on crypto derivatives and perpetuals. “dYdX is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Data from Coinbase reveals that following the announcement, COSMOSDYDX saw a burst of price action, going…
An Ethereum (ETH)-based decentralized finance (DeFi) altcoin is on the rise after gaining support from the top US-based crypto exchange platform. In a new thread, Coinbase says it is adding support for Euler (EUL), a lending and borrowing protocol built on top of the second-largest digital asset by market cap. “Euler (EUL) is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Following the announcement, EUL saw a price increase, rising from an August 6th low of $11.02 to a peak of…
The Commodity Futures Trading Commission (CFTC) has launched a “crypto sprint” initiative to provide additional regulatory clarity for trading digital assets. CFTC Acting Chairman Caroline D. Pham says the initiative is for trading spot crypto asset contracts that are listed on CFTC-registered futures exchanges, known as designated contract markets (DCMs). “Under President Trump’s strong leadership and vision, the CFTC is full speed ahead on enabling immediate trading of digital assets at the Federal level in coordination with the SEC’s Project Crypto. There is a clear and simple solution the CFTC can implement now. The Commodity Exchange Act currently requires that…
Crypto asset management giant VanEck says that one altcoin project is flashing major signs of institutional adoption. In a new report, VanEck highlights the growth of the Hedera (HBAR) ecosystem, which the firm notes in July, saw a price increase of over 70% due to a “wave of partnerships, network growth, and broadening institutional legitimization.” VanEck named several examples of notable adoption of the Hedera network in July, including the Reserve Bank of Australia’s Project Acacia, which aims to explore the development of Australian wholesale tokenized asset markets. Archax, the first regulated global digital asset exchange in the UK, also announced it…
One trader is seeing million dollar profits on a Solana (SOL)-based memecoin in just months, according to on-chain data. Blockchain tracking firm Lookonchain says that one investor in TROLL is looking at a gain of more than 130,000% after the memecoin inspired by the internet trolling culture had an explosive rally over the last month. “From $2,900 to $3.78 million in just 3.5 months – a 1,300x return! Trader ‘frostx.sol’ spent $2,900 to buy 20.91 million TROLL three months ago, sold 2.55 million for $50,700 and still holds 18.36 million TROLL ($3.73 million). With TROLL’s recent surge, his position has…
A closely followed analyst and trader believes the leading layer-1 platform Ethereum (ETH) is poised for a breakout surge. The pseudonymous trader Inmortal tells his 234,400 followers on the social media platform X that he believes Ethereum is gearing up for a rally toward new all-time high prices. The analyst shares a chart suggesting that ETH has one final resistance level to breach at around $4,000 before erupting to new record levels. “Where we’re going, you won’t need charts. Clean $4,000, and this is going to get quite crazy.” Source: Inmortal/X At time of writing, Ethereum is trading for $3,594.…