Posts

Showing posts with the label market momentum

U.S. politician just made a super supicious crypto trade

Image
Representative Guy Reschenthaler has disclosed a recent sale of Solana (SOL), according to a new congressional trade filing tracked and reviewed by Finbold. The transaction, filed on May 20, shows that Reschenthaler sold between $1,001 and $15,000 worth of SOL on May 12, a day when Solana was trading at approximately $170.48.  Currently, SOL is trading at $177.99, meaning the lawmaker exited just ahead of a small upward move in the token’s price. SOL price performance since May 12. Source: Finbold The filing is part of the routine public disclosures required under the STOCK Act, which mandates that members of Congress report financial trades within 45 days. In this case, the disclosure came eight days after the trade, well within the legal window, but notable given the ongoing debate around lawmakers trading cryptocurrencies and other volatile digital assets. Why did Reschenthaler buy Solana? Solana, which has gained renewed attention in 2025 for its role i...

We asked ChatGPT-4o what’s next for Solana as SOL hits new highs

Image
Amid the spotlight on Bitcoin’s (BTC) march toward $100,000 and the rising popularity of meme coins, Solana (SOL) has quietly solidified its position as one of the top-performing digital assets in 2024. Over the past week, SOL has surged to $256, reflecting an impressive 45% weekly growth and reaching a record high of $264.50. This remarkable climb is not just riding on the broader market momentum but is also driven by Solana’s expanding ecosystem.  Adding to the momentum is the anticipation of spot Solana ETFs, which has ignited a wave of investor optimism, with AI-driven insights signaling the potential for even greater gains ahead. Picks for you Caution: United States recession probability sharply rises in 2024 34 mins ago Volatility st...

Cardano: ÀDA Predicted To Hit $6: Here's When?

Image
Cardano is once again grabbing central attention as the cryptocurrency seems to be moving toward claiming a new high. ADA is up 5% in the last 24 hours, trading at $0.78, a new price high as Bitcoin breached a new price spot of $94K. Will ADA continue to establish robust price levels along these lines? Let’s find out. Also Read: Cryptocurrency: 3 Donald Trump Owned Coins To Stock For Solid Gains Cardano Aims For $6: Can It Claim It? Source: Reddit Cardano is once again rising high on the radar. The token currently sits at $0.78, a few points away from claiming the ambitious $1. Investor sentiment towards the token has also accelerated, with investors building anticipation of whether the token can truly claim the coveted $1 price mark in the current bull season. JUST IN: ADA is on the move yet again. 77c and running pic.twitter.com/LpUbqw6q7k — Rami (@CardanoRami) November 20, 2024 Cardano’s current price high is the result of the market’s overall bullish momentum. Th...

Latest Market Overview 30th Aug: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Image
The Bitcoin market struggle to stay above the $60,000 mark is causing altcoin prices to slip towards their recent lows. The key question now is what will it take to shift the market momentum? Over the past few days, Bitcoin has remained within the lower range of $55,724 to $73,777. Instead of panicking, large-scale investors, including whales and sharks, have taken advantage of this situation to accumulate more Bitcoin. Sentiment, a market intelligence platform, noted that in the past month, wallets holding between 10 to 10,000 BTC have collectively acquired an additional 133,300 coins, while smaller traders have been offloading their holdings in frustration. Another encouraging sign for bullish investors is the continued decline in Bitcoin stored on exchanges. Data from CryptoQuant reveals that Bitcoin reserves on exchanges have dropped by 12.9% since the beginning of the year, indicating a strong long-term bullish sentiment among investors. Crypto market data...