Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$104,201.00
1.08%$2,571.08
-0.77%$2.39
-5.74%$655.88
1.05%$172.81
-1.80%$0.999901
-0.00%$0.224845
-3.28%$0.778442
-1.87%$0.274635
0.36%$2,569.35
-0.82%$104,255.00
1.19%$3.93
1.32%$3,089.65
-0.84%$16.25
-3.98%$23.83
-3.19%$0.295061
-2.87%$26.90
7.40%$0.0000151
-3.11%$0.199742
-2.34%$8.85
-0.45%$402.68
0.39%$3.10
-4.38%$100.63
-0.00%$4.86
-1.55%$2,568.41
-1.06%$0.999736
-0.02%$338.42
-0.76%$0.865006
1.08%$2,743.81
-0.95%$4.95
4.32%$0.00001339
-1.97%$0.998447
-0.03%$1.001
0.05%$104,132.00
0.95%$30.28
-0.03%$440.69
-3.20%$6.30
-5.63%$2.92
-4.11%$228.48
-0.19%$5.39
-6.61%$53.41
-2.23%$0.990518
-2.16%$0.118945
-1.01%$207.59
-1.97%$5.48
-2.59%$19.22
-2.97%$0.101453
0.27%$1.00
0.00%$35.38
-2.23%$21.73
-0.07%$13.02
-3.18%$0.753308
-3.12%$4.90
-2.71%$0.02938569
-2.35%$1.051
-0.01%$4.93
-2.51%$1.17
0.02%$0.373292
-8.09%$0.999292
-0.08%$0.238739
-3.59%$104,074.00
1.06%$0.791935
-2.94%$2.98
-2.06%$0.229884
-2.00%$0.404462
-5.02%$4.38
0.02%$2.79
-7.20%$1.17
-5.93%$0.544933
-3.62%$0.00002147
-2.88%$4.58
-0.69%$2,565.62
-0.89%$1,823.28
-2.49%$0.997491
0.97%$12.00
5.72%$0.508998
-2.58%$179.99
-2.00%$2,682.78
-0.92%$0.91511
-1.09%$95.78
-4.79%$4.88
5.88%$1.32
2.21%$0.240064
-4.32%$0.01958926
-1.75%$1.27
-0.24%$0.763547
-6.94%$0.679742
-4.58%$12.46
-3.87%$0.801936
2.45%$1.86
-5.66%$2,917.99
-0.68%$0.072595
-2.59%$0.115382
-4.56%$104,063.00
1.25%$0.999959
-0.00%$3.52
4.19%$1.011
-10.37%$0.00010234
-4.52%$2,728.80
-0.97%$0.708451
-2.13%$655.65
1.08%$223.52
-1.89%$0.91877
-6.06%$0.99981
0.02%$0.999329
-0.07%$0.02022334
-5.43%$0.998907
-4.96%$0.01836455
-4.74%$0.01398023
-1.39%$0.701699
2.13%$191.57
-2.04%$104,138.00
0.74%$2,691.89
-0.89%$104,283.00
0.03%$0.797689
-1.61%$0.32604
-6.67%$3,227.24
1.97%$102,656.00
0.15%$0.999971
-0.02%$0.233788
-1.57%$3,232.40
1.84%$4.16
1.00%$22.86
-2.24%$0.00000077
-4.45%$2.31
-2.39%$37.44
-1.71%$0.74008
1.90%$12.85
3.38%$0.0215712
26.89%$2,685.74
-0.17%$0.071645
-3.30%$0.120315
-2.80%$0.433178
-2.47%$1.95
1.80%$4.19
0.83%$0.646813
-2.50%$41.77
0.05%$0.719579
-3.18%$0.347359
-2.52%$0.998659
0.05%$1.96
-3.29%$0.996828
-0.19%$0.167459
-6.09%$2.07
0.57%$1.11
-0.92%$0.225119
-3.70%$0.695576
-2.03%$111.06
0.01%$2,568.54
-1.04%$2,568.73
-1.01%$19.47
-2.47%$2,737.35
-0.82%$0.459643
-6.35%$103,992.00
0.94%$1.91
-7.21%$0.00907081
-4.68%$2,585.50
-3.72%$0.661694
-3.12%$0.635907
-4.48%$7.74
-4.99%$0.198057
-9.35%$0.00546013
-2.61%$0.160761
-8.35%$0.9999
0.00%$3.08
-8.51%$0.999123
0.05%$0.00002474
0.99%$104,122.00
1.19%$0.494167
-3.66%$0.192209
-1.13%$2,569.14
-1.01%$6.81
-2.88%$0.433798
-3.65%$0.092776
-4.66%$0.065302
1.70%$0.999811
-0.02%$0.100142
-3.84%$102,112.00
0.61%$1.70
3.35%$1.84
-3.19%$0.678837
-3.60%$0.441619
5.18%$2,574.14
-0.32%$0.00835886
-6.12%$0.00000112
7.43%$0.04816914
-8.36%$0.00000044
-0.06%$0.04515578
-4.62%$3.51
-5.95%$103,771.00
0.79%$1.36
-4.77%$1.087
0.00%$44.96
-1.75%$0.997456
-0.98%$0.00478771
-4.88%$1.62
-3.73%$0.151662
-2.56%$1.42
4.69%$1.00
-0.01%$0.402087
-4.72%$0.238681
-3.39%$0.01981393
0.10%$0.998734
-0.09%$34.12
0.86%$1.002
0.68%$2,727.05
-0.57%$0.392745
-1.75%$0.00529669
-4.95%$0.03675513
-1.51%$0.00000178
2.04%$1.002
0.19%$0.179681
-4.42%$135.66
-2.75%$0.792801
-5.18%$26.99
8.11%$0.0035412
-1.59%$0.844335
-2.12%$0.00006443
-4.59%$2,825.83
-0.86%$0.324464
12.23%$0.347215
-9.83%$20.86
-1.06%$2,798.38
-1.01%$0.305404
-9.12%$1.099
-0.07%$104,071.00
0.97%$0.265411
-3.81%$19.69
-4.82%$0.999621
0.12%$0.717601
-1.46%$0.231657
-1.20%$2,569.32
-1.08%$23.83
-3.06%$2.87
-7.10%$0.999729
0.00%$0.99956
0.09%$2,767.68
-0.99%$2,563.78
-0.84%$0.00343516
-3.89%$0.519848
-3.89%$0.00291248
-8.33%$3.50
-6.26%$26.87
7.72%$0.00
-4.26%$23.83
-3.63%$0.574108
-2.42%$0.841917
-4.81%$0.00067203
-7.92%Reading
Altcoins Solana, Cardano and ICP all experienced significant price surges in the last twenty-four hours as crypto markets swelled by more than 4% to a global market capitalization of $2.3 trillion.
Solana grew 9.06% overnight to hit a new all-time high price of $90.83. The project pitches itself as a much more efficient blockchain than Ethereum. It currently hosts about 1,423 transactions per second to Ethereum’s humble 15, and each costs a fraction of a cent compared to Ethereum’s sky-high fees.
Solana has been hitting new all-time highs all week. On Thursday night alone, the cryptocurrency grew 23%. Since mid-August, Solana has enjoyed temporary spells in the top ten cryptocurrencies by market capitalization. It’s now back down to eleventh place.
Solana’s rally may have been helped by the news that digital asset manager Osprey Funds beat out industry titan Grayscale to prepare a Solana investment product. The Osprey Solana Trust registered with the U.S. Securities and Exchange Commission (SEC) on Tuesday.
The fourth-largest cryptocurrency by market cap, Cardano, rose by 8.36% overnight, to $2.85.
Cardano also attracted strong institutional attention this week. Nigel Green, CEO of asset management company deVere Group—which stewards $12 billion—gave Cardano a September price target of $3, adding “I’ve been bullish on Cardano for a long time.”
In terms of price gains, Dfinity’s ICP token leads the pack. The blockchain project, which hopes to compete with the $370 billion cloud computing industry, blew up 16.16% overnight to hit a new price of $66.37. Having held a very brief all-time high of $567 three days after its May 7 launch this year, ICP went into freefall, spiraling down to a price of $22.41 before it began to recover.
The market leaders are also doing well. Bitcoin is up 3% to $48,922, while Ethereum is also up 3% to $3,261.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Bitcoin slipped slightly Thursday after a closely watched inflation gauge showed wholesale prices in the U.S. registered a drop in April. The Producer Price Index (PPI) for final demand fell 0.5% in April, the U.S. Bureau of Labor Statistics said Thursday, compared to economists' expectations of a 0.2% monthly rise. The index rose 2.4% over the past 12 months, slightly cooler than expectations. Core PPI, excluding food, energy, and trade services, edged down 0.1%, the first decline in that measu...
On Wednesday, the Ethereum Foundation outlined a new initiative to upgrade the network's security, describing its long-term goal as building “civilization-scale infrastructure” capable of securing trillions of dollars in value. Dubbed the Trillion Dollar Security Initiative, the foundation hopes to make Ethereum robust enough that billions of people could confidently hold over $1,000 onchain. It's also eyeing participation from companies, institutions, or governments who could be "comfortable s...
Standard Chartered is teaming up with digital assets prime brokerage FalconX in a deal aimed at bolstering crypto services for institutional investors. FalconX said in a statement it will tap into Standard Chartered's banking infrastructure and foreign exchange capabilities to streamline access to digital assets for its institutional clientele. It will initially focus on clients in Singapore before expanding to other parts of Asia, the Middle East, and the U.S. Matt Long, General Manager, APAC...