The post Is Solana Going To Dethrone Ethereum? appeared first on Coinpedia Fintech News Solana is turning heads in the crypto world, especially after its strong performance against Bitcoin. The SOL/BTC ratio recently broke out of a long consolidation phase, signaling a potential shift in market sentiment. On top of that, Solana’s blockchain activity is…
A federal judge in California has determined that participants in decentralized autonomous organizations (DAOs) may be legally responsible for the actions of their fellow members under state partnership laws. This ruling emerged from a case involving Lido DAO, a prominent entity in decentralized finance. Investor Andrew Samuels initiated the lawsuit after incurring losses from purchasing tokens issued…
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Bitcoin hunting down any long entries but it still may not be too late. Demand for crypto in US rising as MSTR makes a record BTC purchase. Bitcoin [BTC] long positions entered during current uptrend are swiftly being “hunted” down, leading to abrupt exits while the prices continues to rally. This repeated pattern indicated a…
Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO Source link
Brian Armstrong, CEO of the U.S.-based cryptocurrency exchange Coinbase, is set to meet with President-elect Donald Trump as the latter continues shaping his administration and selecting government department heads. According to a Wall Street Journal report on November 18, the meeting will focus on personnel appointments and potential collaborations with the crypto industry. Armstrong has…
Former Goldman Sachs executive Raoul Pal thinks one chart is a critical representation of the current crypto market. The Real Vision chief executive shares a chart with his one million followers on the social media platform X that compares the layer-1 blockchains Sui (SUI) and Solana (SOL). The macro guru shares a chart suggesting that…
Tom Lee, Head of Research at Fundstrat, expresses confidence in Bitcoin comfortably surpassing the $100,000 mark by 2024 ending. Lee issued the forecast during his appearance on CNBC while providing his optimistic outlook for the world’s largest cryptocurrency. The Fundstrat executive suggests that Bitcoin would comfortably trade above $100,000 by the end of the year. …
While Bitcoin and Ethereum have been popular with investors, a new type of token has been establishing its presence in the crypto world. Memecoins like Dogecoin have taken over investor attention to soar to the top of the crypto market. However, it can be difficult for many enthusiasts to understand what Dogecoin is. So in this…
A federal court judge ruled on Monday that Lido DAO, the governing body behind the popular liquid staking protocol, can be treated as a general partnership under state law. The court rejected Lido’s claim that it isn’t a legal entity, classifying it as a general partnership and setting a precedent for how profit-driven DAOs are…