Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better. According to Pal, one top-20 altcoin by market cap and a relatively new entrant in the layer-1 sector is likely to outperform not just Solana and Ethereum but also Bitcoin (BTC). “My view is that ETH begins to outpace BTC
In a recent podcast, crypto experts Murad Mahmudov and Arthur Hayes shared their insights on the evolving roles of meme coins, DeFi, and AI tokens. The experts highlight significant shifts and predict how these assets may function by 2025. Besides, they also discussed the ways in which the crypto space is evolving, with meme coins and DeFi tokens acting as distinct financial instruments with varying purposes and trajectories in the
By Hannah Lang (Reuters) – The cryptocurrency industry, including heavyweights like Coinbase (NASDAQ:) and , spent more than $119 million backing pro-crypto U.S. congressional candidates, hoping to boost those who would pass crypto-friendly bills to promote digital assets. The effort succeeded on Tuesday, with many of the industry’s chosen candidates winning their races, potentially ushering in a Congress poised to champion crypto like never before. Much of the sector’s spending
For the first time after its launch in October end, the X Empire price followed an uptrend, but there is more to the story. This token has just achieved an ATH at $0.0002165, surprising its holders, who witnessed its severe downtrend right after its launch. Despite the heavy popularity of the X Empire game, its native token struggled severely on the charts. More importantly, it followed the HMSTR price pattern,
Solana meme coin Dogwifhat (WIF) garnered substantial optimism on Monday as a smart money was recorded accumulating nearly $16 million worth of tokens from Binance. On-chain data indicates that this smart money’s previous trade strategies aided the trader in making attention-nabbing profits. This chronicle has reverberated significant bullishness for WIF price ahead. Meanwhile, the meme token traded up nearly 4% at press time, cementing investor optimism on price in light
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Source link
A widely followed analyst and trader is leaning bullish on a large-cap altcoin amid a broader crypto market rally. The analyst pseudonymously known as Pentoshi tells his 809,700 followers on the social media platform X that Solana (SOL) is in the “all-time high waiting room.” On the weekly time frame, Pentoshi shares a chart suggesting that Solana has formed a double-bottom pattern, a technical analysis structure that’s typically considered bullish
“Unlike Singh, [Wang] did not engage in money laundering or participate in the straw donor scheme. Unlike Singh, [Wang] did not generate false revenue, code a fake insurance fund, try to persuade Bankman-Fried to fraudulently conceal his loans, or otherwise participate in affirmatively deceptive conduct. And, unlike Singh, [Wang] did not receive cash bonuses or spend FTX proceeds on real estate or other extravagant goods,” Wang’s lawyers wrote. “All of
ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CoinDesk data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion. Source link
U.Today – The markets are paying close attention to recent comments from Fed Chairman Jerome Powell at a post-meeting press conference held Thursday. Bloomberg has shared a few takeaways along these lines, noting that, overall, Powell tried not to offer forward guidance on where rates might go from here, leaving his options open for the December meeting and beyond. Powell emphasized that the economy is strong, so officials can take
