Crypto News
Increased Bandwidth, Reduced Latency: Solana Proposes New Consensus Protocol
Solana, a top-10 cryptocurrency project, has announced a change to its consensus protocol to turbocharge the network’s performance. Alpenglow, the new implementation, reduces latency to near Web2 levels, making Solana capable of competing with Web2 providers. Solana Aims to Compete With Web2 Providers With New Alpenglow Consensus Protocol Solana, one of the largest, most usedSource link
Dogecoin Extends Rally as Whale Accumulation Signals Growing Confidence
The original meme coin continues its bullish momentum as global economic uncertainties push investors toward alternative assets. DOGE's technical structure shows a series of higher lows and higher highs, with support firmly established at $0.225 and resistance at $0.230 recently breached. Market analysts point to the formation of a "bull flag" pattern suggesting continuation of the prior uptrend, with some projecting targets as high as $0.65 if current momentum sustains.Technical Analysis HighlightsDOGE-USD demonstrated remarkable strength over 24 hours, rallying from $0.218 to $0.230, representing a 6.43% gain.Price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance at $0.220 with above-average volume.Support has established at $0.225, confirmed by strong buying volume exceeding 300M in consecutive...
James Wynn, the Trader Who Bet $1B on Bitcoin, is Now Long Pepe
One of the most closely watched crypto wallets in recent weeks is now betting on pepe (PEPE), days after drumming up a record billion-dollar notional position on bitcoin BTC on the onchain trading platform Hyperliquid.The wallet has gone long on PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets. The position is already up $500,000 as of European morning hours, with pepe up nearly 6% in the past few hours.Pseudonymous trader “James Wynn” — known as “moonpig” on decentralized exchange Hyperliquid — closed their $1.2 billion BTC long position with a $17.5 million loss on Monday.Wynn then opened a $1 billion short using 40x leverage, effectively wagering their entire $50 million wallet on...
Record Digital Asset Inflows Reach $3.3 Billion, Led by Bitcoin (BTC)
Digital asset inflows hit $3.3 billion last week, setting a new record of $10.8 billion YTD, driven by Bitcoin's strong performance, according to CoinShares. (Read More)Source link
SHIB Surges 5% After Mid-Day Dip, Defying Economic Tensions
Geopolitical tensions and shifting trade policies continue to influence cryptocurrency markets, with Shiba Inu 's SHIB token demonstrating remarkable resilience amid broader economic uncertainty.After experiencing a significant mid-day sell-off, SHIB staged an impressive recovery during the 22:00 hour, surging 3.0% on nearly 900 billion in volume before establishing a new resistance level at $0.0000147.Technical Analysis HighlightsHIB established a trading range of 0.000007 (5.24%) between the low of 0.0000139 and high of 0.0000147 over the 24-hour period.The token experienced a significant sell-off during the 15:00 hour, dropping to its lowest point before finding strong volume support.A decisive recovery occurred during the 22:00 hour where price surged 3.0% on nearly 900 billion in volume.Bullish momentum continued into the final hours, with SHIB...