As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $ 2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos …
Solana Faces First Outage of the Year; Engineers Deploy Fix as SOL Dips 3%
The Solana layer one (L1) blockchain is currently experiencing a service disruption, with the Solana Status website revealing that engineers are actively probing the cause. Validators on mainnet have received instructions to implement an upgrade to version 1.17.20 and to initiate a system reboot. Solana Network Experiences Disruption, Prompting Urgent Upgrade and Reboot Presently grappling […]
Grayscale Bitcoin Trust Stash Dips by 10,800 BTC in One Day Amid High GBTC Trading Activity
The Grayscale Bitcoin Trust, commonly referred to as GBTC, has recently divested a considerable quantity of bitcoin. Records indicate that a total of 10,823.86 bitcoin, valued at approximately $ 447.40 million, was withdrawn from the holdings of GBTC in the span from Thursday to Friday morning. GBTC’s Bitcoin Cache Continues to Witness Outflows GBTC …
Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token ethereum name service (ENS) also witnessed a significant ascent, […]
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $ 100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill to Solana’s Market Performance After …