Crypto-news

Despite the crypto market was actually flat Tuesday, the novel token Solana become a hot-token, hitting a new all-time high due to growing investor fervor around altcoins, which also supports the smart contracts necessary for booming decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Solana (SOL) token surged to become the 7th most valuable cryptocurrency…

Using the blockchain, naturally. And as it turns out, it works pretty well. Football club fan tokens are now a small world onto themselves. It is quite possible to make money in it, but the market will always be niche and limited. The sports and entertainment field is evolving, and with it, the demand for…

Cuba is reportedly going to recognize and regulate cryptocurrencies for payments. Per Aljazeera, the central bank of the Caribbean country will establish rules for mainstreaming cryptocurrency transactions. Cuban authorities are also expected to distribute relevant licenses to businesses providing crypto-related services. The popularity of cryptocurrency trading has grown in recent months in Cuba, especially among…

The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…

Solana cryptocurrency (SOL) is setting new all-time price records, and the project itself is confidently becoming the DeFi industry leader. The Solana blockchain has a number of unique qualities that open up exceptional prospects for the project. In 2021, the SOL cryptocoin had record-setting rates of value growth and demand for its blockchain. Solana’s price…

Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…