The cryptocurrency Solana (SOL) is currently at the top, which was able to recover by 36 percent after a sell-off to the central support zone in the area of the 27.00 USD mark. Thus, new bullish price targets at USD 44.37 and USD 58.49 are coming into investors' focus in the short term. With 34
Bitcoin continued its slide last weekend, falling well below the important $20,000 mark. At times, the oldest cryptocurrency cost only $17,600, which is about 14 percent less than on Friday and the lowest in 18 months. Compared to November, when the Bitcoin price was $68,000, the value has fallen more than 60 percent since the
Using state-of-the-art encryption techniques, Wecan Group aims to enable its institutional clients to exchange data securely and decentrally on the blockchain. The leading Swiss blockchain company now announced the launch of its own Wecan token, which documents transactions on its own Wecan Chain. Currently, the company has a Web 3.0 suite with over 100 institutional
Sharding is the process of dividing a blockchain into subsets called shards. The division into shards supports the blockchain in its performance and thus enables transactions to take place in parallel in all parts. To ensure that only a certain number of nodes are responsible for a shard, individual nodes of the blockchain are also
Toy manufacturer Mattel and NFT marketplace Cryptoys have entered into a multi-year partnership to exclusively offer their own branded content on the platform. The "Cryptoys" platform, designed by a team of developers at OnChain Studios, is scheduled to launch on the Flow blockchain in late summer 2022 and has received investment capital from big-name investors
The wait is over! Ethereum 2.0 will finally be launched in August 2022. The actual launch should already take place in the second quarter of 2022, but there will be a final test run in June before Ethereum 2.0 is finally allowed to go online. The update is intended to make the Ethereum Blockchain more
After defending support, a drastic price decline in gold ended in mid-May at USD 1,780 and seamlessly transitioned into a dynamic recovery. After breaking the USD 1,858 hurdle and reaching the USD 1,875 level, the rise lost its momentum and turned into a flag-shaped correction. Last week, the bulls tried again to clear the resistance
After now nine consecutive weeks of red weekly candles, Bitcoin (BTC) recorded a green weekly candle on June 5. At the beginning of this week, buyers were able to keep the momentum going with a strong weekly opening, sending the BTC price to $31,800. In addition to Bitcoin, other altcoins such as Ether and Ripple
On Monday, Cardano's daily NFT sales reached $1.3 million, making it the third largest NFT blockchain after Solana and Ethereum. The frequent Solana outages resulted in many users switching to Cardano, accounting for much of the rapid increase. Various data show that Solana's daily NFT turnover has dropped by almost 20% (to around $2.4 million)
The frequent crashes of the Solana network are slowly becoming a running gag in crypto space. On Wednesday afternoon, the network crashed for the fifth time this year and had to be restarted. The reason for the frequent crashes and instability of the system is believed by critics of the network to be a design
