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The altcoin market seems to be recovering as of late. The leading cryptocurrency, Bitcoin, has touched the $70K mark once again, triggering several altcoins to surge and spark a new price path. Solana has also been showing stellar price moves, as SOL recently moved to claim the $193 mark. Will it be able to breach past $250 this weekend? Let’s find out. Also Read: Low-Risk Cryptocurrency Under $0.01 That Can Outperform Shiba Inu SOL ana- SOL -is-unlocking-new-achievements-nbsp"> Solana : SOL Is Unlocking New Achievements Source – Forkast Solana is currently on a path that guides crypto to claim new milestones. According to Degen News, SOL has recently flipped Ethereum in the total transaction fees and MEV tips sectors. The portal shared that this is the first time in history that SOL has claimed such a milestone. “BREAKING: SOLANA FLIPS ETHEREUM IN TOTAL TRANSACTION FEES AND MEV TIPS ON THE WEEKLY FOR THE FIRST TIME IN HISTORY.” BREAKING: SOLANA FLIPS ETHEREUM IN TOTAL T...

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the Analysis posted on TradingView, XForceGlobal used the 5-wave Elliot Wave theory to predict further upside for the Bitcoin price. The chart maps out the waves and subwaves, all of which carry various implications for the Bitcoin price. Related Reading Institutional Investors Show Interest In Cardano, Triggering 300% Surge 13 hours ago The crypto analyst points out that the subwaves are currently in play, ranging from 1-5. So far, subwaves 1 and 2 have finished their run, and with subwave 3, the analyst ex...

Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase if it clears the $66,500 resistance zone. Bitcoin Price Revisits Support Bitcoin price extended losses below the $66,500 support zone. BTC even spiked below the $66,000 and $65,500 levels. A low is formed near $65,337 and the price is now consolidating losses. It recovered above the $66,000 level and tested the 23.6% Fib retracement level of the downward move from the $69,985 swing high to the $65,337 low. However, the price is now struggling to clear the $66,500 resistance zone. There is also a...

On the blockchain’s nine-year anniversary, one BlackRock executive praised Ethereum, while giving some insight into a potential Solana ETF . Indeed, the $10 trillion asset manager’s CIO, Samara Cohen, spoke with Bloomberg on the second largest cryptocurrency and its recently launched exchange-traded products. The ETH ETF launched last week to a mixed reception. During the conversation, Cohen discussed how outflow figures that may concern the market don’t tell the whole story. Moreover, she discussed how the investment vehicle has already showcased increased demand for the crypto. MANHATTAN, NEW YORK, UNITED STATES – 2021/05/25: BlackRock offices in New York City. Founded in 1988, BlackRock, Inc. is an US multinational investment management corporation. The corporation is the world’s largest asset manager, with $8.67 trillion in assets under management as of January 2021. (Photo by Erik McGregor/LightRocket via Getty Images) Also Read: Ethereum ETFs Debut W...

Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $187 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start another increase unless it settles below the $175 support. Solana Price Fails To Test $200 Solana price remained in a positive zone and extended gains, beating Bitcoin and Ethereum. It traded above the $180 and $185 resistance levels. Finally, it tested the $192 zone and struggled to reach $200. A high was formed near $193.86 and the price started a downside correction. There was a move below the $190 and $188 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $165 sw...

Bitcoins bulls continue the aggressive push for the $70k level as the price reaches $69k today. The influence of the ongoing BTC conference has clearly given the bulls a stronger hold on the market. As Bitcoin continues the upturn, there is a chance that multi-million dollar liquidation awaits the short position that rests above the $72k level.  Similarly, the current trends on the Base chain look promising, with several tokens within the network making impressive gains in the last 24 hours. Today’s post explores the performance of the top trending cryptocurrencies on the base chain, as these tokens post impressive gains in the last 24 hours.  Top Trending Cryptos on Base Chain  The presale market is also upbeat today, witnessing growing interest from investors. One of the trending presale cryptos on the market in the last 24 hours is the 99Bitcoins presale. The project has raised over $2.5 million, and investors have until the 6th of August to take advantage of...

Despite its fast expansion and increasing public recognition, the crypto business continues to confront substantial regulatory obstacles. The disconnect between crypto platforms and regulators around the world is obvious, resulting in an environment of uncertainty and risk. While attempts are underway to close this gap, progress is gradual and difficult. One of the key concerns is the crypto industry’s lack of regulatory experience, as well as regulators’ unfamiliarity with digital assets. This essay will demonstrate how TradFi platforms, particularly those with a strong regulatory foundation, might help to bridge this gap. MultiBank Group is an example of how established TradFi firms can create fair policies and improve communication with regulators. The Regulatory Gap in Cryptocurrency The cryptocurrency sector is new and growing rapidly. Many regulators have fallen behind due to the rapid pace of development. Unlike traditional financial markets, the ...

The crypto market is widely known for its significant volatility. Hence, it’s less surprising that the market has returned to an up trend after about 7 days of declining prices across the board. Today, Bitcoin is pushing toward reclaiming its 2021 ATH, and most market participants anticipate a push for the $72k levels afterward.  Altcoins are also pushing their bands of the upper range, particularly newly listed tokens. These trends account for the market performance of the top trending cryptocurrencies on the Avalanche network , as these cryptos post surprising price increases in the last 24 hours. Trending Cryptocurrency Tokens on Avalanche Chain  Novelty is often the norm in the crypto space as innovators find new use cases for Blockchain technology. Recently, one of the trending upcoming projects in the market, the 99Bitcoin, announced the presale offering of the 99BTC token, which has attracted over $2.5 million from hundreds of crypto investors and enthusiasts a...

Dogecoin has always been referred to as a notable crypto coin ruling over the sector. The token has been endorsed by Tesla CEO Elon Musk and is known to be consistently revamping its price pace to maintain its price stability. At press time, Doge is trading at $0.1291, up 3% in the last 24 hours. How high can the token trade be in August? Let’s find out. Also Read: Dogecoin To Surge 18,000% As It Claims A New Golden Cross In 4 Years Dogecoin -s-descending-triangle-details"> Dogecoin ’s Descending Triangle: Details Source: Twitter Dogecoin is now entering a “potential” bullish arena. According to crypto analyst Ali Martinez, Doge seems to be consolidating into a descending triangle formation, which, per the analyst, is a positive indication. Martinez noted how Doge is set for a price rally, which may push its momentum by a staggering 140%–200%. The token is also retracing by 56–60%. Once the process was over, the analyst shared how Doge could enter into a stellar bull run....