The crypto world is all about the next Cinderella story, and Solana’s been the prom queen wearing the glass slipper for some time. Just one minute! Before we all begin launching into a SOL-ana go lucky cheer and banging the “Solana to the moon!” drum, let’s pump some reality back...
The cryptocurrency world is constantly evolving, with new contenders emerging to challenge the dominance of established players like Bitcoin and Ethereum. With its innovative technology and quickly growing ecosystem, Solana has carved out a space as one of the top competitors. This article explores Solana’s ability to exceed Bitcoin and...
Solana (SOL) is trading at $154 at the time of writing, down 2.18% in the last 24 hours. At the moment Solana has a market cap of $77.91 billion. Its fantastic 24-hour trading volume of $5.52 billion further demonstrates its robust market activity. Its 24-hour volatility stands at 5.7%. Both...
Meanwhile in France, legislators are looking to Bitcoin mining as a solution to the country’s longstanding issue of producing too much electricity. The country, which relies on nuclear plants for over 70% of its electricity, faces a unique challenge: it often produces more power than it can sell, leading to...
France is exploring a novel solution to the problem of wasted renewable energy: Bitcoin mining. The country is currently facing over €80 million in losses from excess renewable energy. To reverse this liability into a long-term upside potential, it is now thinking about Bitcoin mining to use up the wasted...
Btc smash 4 2 bitcoin miners are looking at worst day of year as transaction fees fall to three-year low. This recent decline along with the recent halving event is causing severe strain on their profitability. KnowingCoin.com, where crypto grit meets guardian wisdom, know that education and a willingness to...
The U.S. Securities and Exchange Commission (SEC) has delayed its determination on approving a spot Ethereum (ETH) Exchange Traded Fund (ETF) yet again. This latest setback contributes further to the malaise pervading the crypto market. Shortly after this announcement, the SEC recognized BlackRock’s filing for in-kind redemptions of its spot...
In short, Bitcoin miners are under acute financial stress. In June, transaction fees fell to a three-year low, accounting for under 1% of total block rewards. This overall downward trend as well as the recent halving event are all taking a toll on miner profitability. After dipping below $75,000 in...
Alright, now on to Ethereum staking and the SEC. Franklin Templeton’s ETF delay a harbinger of things to come. Even as whales are accumulating ETH and institutional investors are entering the market with billions of dollars, don’t get caught up in the excitement. There are very real, practical risks you...
Okay, let’s be real. So when the SEC just announced yet another delay on Ethereum ETFs with staking activities, I’m not gonna lie, my response wasn’t all chipper. It was like putting a snooze button on a rocket launch. But after stepping back and taking a breath (and maybe a...
