Author: Digicoinvision
Solana demonstrated the ability to process 100,000 transactions per second (TPS) on Sunday, more than 25 times its usual throughput and surpassing Visa’s 65,000 TPS, according to developer Mert Mumtaz. This feat shows what Solana is truly capable of from a computational perspective, exhibiting abilities to outperform the world’s biggest consumer payment network. It’s a development that helps future-proof Solana and establish it as one of the world’s most robust and credible blockchains, paving the way for heightened institutional and retail participation. However, traders are looking beyond the immediate benefits and considering what it could mean for ecosystem tokens as…
Nexo launched its new artificial intelligence (AI)-based a conversational tool designed to deliver real-time crypto insights, personalized portfolio data, and seamless product access. Privacy and Data Sources Nexo, a digital assets wealth platform, announced on Aug. 20 the launch of an artificial intelligence (AI) assistant to offer users a “conversational” experience that combines real-time insights, […]
Join Our Telegram channel to stay up to date on breaking news coverage Cardano, XRP, and Dogecoin led a sell-off in the crypto market, which dropped more than 1% in the last 24 hours as the Crypto Fear Index slumped into ”Fear” territory. ADA fell 8.25% as of 4:11 a.m. EST, followed by POL (7%) Sei (5%), and XRP (4.4%). Dogecoin slipped over 2%, despite news that Trump family-backed crypto firm Thumzup Media plans to acquire mining company Dogehash. Meanwhile, the Bitcoin price tumbled over 1.5% to trade at $113,499 ahead of a potentially pivotal speech by Fed Chair Jerome…
China is considering yuan-backed stablecoins as part of a new international strategy, signaling a major policy shift on digital assets. The move could reshape cross-border finance but faces hurdles from capital controls. State Council of China to Review Stablecoin Roadmap Amid Dollar Pressure China is weighing the launch of yuan-backed stablecoins in a bid to […]
Friends, The year is well underway, cherry blossoms have fallen, and Devcon is quickly approaching! As announced on-stage at Ethereal last month, Devcon will be returning to Asia in 2019. We hope that you’ll join us this October 8th-11th as we come together in Osaka, Japan! Without further delay, we’re excited to reveal new details for this year’s gathering. TICKETS Sales for the first wave* of Devcon tickets will go online in mid July, with notice of the exact date and time at least 7 days prior. Please note that applications for speakers, scholarships and builder and student discounts will…
Windtree Therapeutics, a biotech company that established a BNB treasury strategy last month, fell 77% on Wednesday after the Nasdaq informed the firm it would be delisted from the stock exchange for failing to meet compliance requirements.The noncompliance concerned Nasdaq Listing Rule 5550(a)(2) that requires a company’s stock to maintain a minimum bid price of $1.00 per share, Windtree stated in a filing to the US securities regulator on Tuesday. Nasdaq will suspend WINT trading on Thursday. Windtree (WINT) shares dropped a staggering 77.2% to $0.11 on the news, and are down another 4.7% in after-hours, Google Finance data shows. WINT…
UK police are working to recover a victim’s funds after a scammer managed to steal 2.1 million British pounds ($2.8 million) worth of Bitcoin from them by impersonating a senior police officer. North Wales Police Cyber Crime team said on Tuesday it is investigating the Bitcoin (BTC) theft, saying the case “highlights a disturbing new trend targeting long-term crypto holders who use cold storage devices.”The victim could have been identified in a data breach, making it a “highly targeted and advanced scam,” the police added.Police in the UK and abroad have long warned of scammers impersonating law enforcement or government officials…
Global search interest in altcoins plunged significantly this week as Bitcoin and altcoins continued to retrace over the past six days, according to new data.Worldwide searches for the term “alt season” fell to a score of 45 on Tuesday, down from a peak of 100 just a week earlier on Aug. 13, a day before Bitcoin (BTC) reached a new high of $124,128 amid a broader crypto market rally.Search interest for “alt season” is at 45, based on 90-day Google Trends data. Source: Google TrendsIt was only a week ago that searches for “altcoin” hit their highest level since 2021,…
Solana started a fresh increase from the $175 zone. SOL price is now recovering higher and might aim for a move above the $188 resistance zone. SOL price started a recovery wave after it tested the $175 zone against the US Dollar. The price is now trading above $182 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $183 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $188 resistance zone. Solana Price Eyes Steady Increase…
Key Takeaways POL has seen outflows both on-chain and off-chain, adding to the market’s bearish sentiment. However, on-chain activity shows weakness as existing users churn while new users drop off. Polygon [POL] declined 6% in the past day, continuing on its bearish path after recording a 46% fall over the past year. Sentiment remained weak as liquidity outflows, both on-chain and on exchanges, intensified during this period. AMBCrypto examines what could come next for POL. Liquidity outflow affects POL Liquidity outflows have been consistent, both on-chain and off-chain. According to Artemis, Polygon recorded a net outflow totaling approximately $105,900. This…