Solana (SOL) price is down, but network activity reflects strength
    02 Feb 2024

    Solana’s native token, SOL, has experienced a 9.8% decline between Jan. 30 and Feb. 1, failing to break above the $104 resistance for the fifth time in four weeks. When considering a longer time frame, SOL dropped by 10.7% in 30 days, while Ether and BNB traded down 1.2% and 2.6%, respectively, during the same period. This leads…

    ‘ETF multiplier effect’ to spark BTC frenzy, Swan Bitcoin CEO predicts
    02 Feb 2024

    The marketing around the recelty approved spot Bitcoin exchange-traded funds will lead to more capital flowing directly into Bitcoin than that flowing into the ETFs, according to Swan Bitcoin CEO Cory Klippsten. He calls this phenomenon “The ETF multiplier effect.” “Because of the existence of the ETFs and the credibility of these large financial firms…

    Cryptocurrency thrives in China against odds, report says
    02 Feb 2024

    Crypto enthusiasts in China are more willing to invest heavily in cryptocurrency than their counterparts in Vietnam, South Korea, Taiwan and Thailand. This is according to a December 2023 report by Vietnamese venture capital firm Kyros Ventures, with the assistance of 10 media agencies from China, Thailand, Korea, Taiwan and Vietnam. In the 5,268-participant survey, more than…