Singapore publishes new framework for regulating stablecoins
Sei Labs presents Sei Mainnet: a new era for exchanging crypto on the blockchain
Crypto Polygon: all the developments in the ecosystem in Q2
Latest news on crypto regulation: Binance is reconsidering its European presence
Singapore publishes new framework for regulating stablecoins
Latest news on crypto regulation: Binance is reconsidering its European presence
France updates its crypto regulation in line with the MiCA
Ripple: the SEC case against crypto securities resumes
PancakeSwap announces implementation of protection against Mev bots and Ethereum price manipulation
OneCoin fraud: presentation of new book canceled over death threats
Monero: What is the CryptoNote protocol?
$70 million hack on decentralized Curve Finance platform: full details of the crypto attack
Cryptosphere: Your Place of Knowledge
Bitget hires Netflix movie actor Adam Devine in its crypto campaign
MediSim VR and Circular together for Health 3.0: medical education and treatments step up thanks to Virtual Reality and Blockchain
Announcing ETHWomen: Untraceable Events and 15+ Women-Led Web3 Groups Unite for Hackathon in Toronto
STEPN: interview with the NFT company that pays you to walk
The Graph: interview with the crypto project to talk about Dapps and DeFi
“I hope both CBDCs and independent stablecoins can cohabitate”, interview with Maker DAO
ETHCC interview with Immunefi: the project to make the crypto environment safer
Bank of America releases its views on PayPal’s stablecoin
Trump has a crypto wallet with $5 million in Ethereum
Crypto news: Binance shuts down its fiat-to- crypto payment platform
Europe’s first spot Bitcoin ETF launched
Europe’s first spot Bitcoin ETF launched
How to assess the SEC’s potential rejection of spot Bitcoin ETFs: news could destabilize the crypto sector
Bitcoin Lightning Network amid future challenges and opportunities
Playing Live Blackjack at a Bitcoin Casino: A Complete Guide
Understanding Ethereum gas fees: Visa’s innovative approach to on-chain crypto transactions
Ethereum: the bizarre story of the developer who locks $9,000 in ETH for 100 years
The SEC could approve ETFs on Ethereum futures
Curve Finance’s recent exploit led to one of the largest rewards for Ethereum’s MEV bots
Tether (USDT): legal and crypto mining news
Bitcoin mining: experts say network hashrate could drop after next cryptocurrency halving
Bitmain’s new machines for mining Filecoin
Vanguard increases investment in Bitcoin mining
Bank of America releases its views on PayPal’s stablecoin
PayPal’s stablecoin in partnership with Paxos: the payments giant’s new crypto can be frozen
Brazil’s CBDC will be called Drex
Circle: the USDC stablecoin is mostly used outside the US
Crypto news and market analysis of Stellar (XLM), Cosmos (ATOM) and Binance Coin (BNB)
Crypto news and price analysis for Kaspa (KAS), Shiba inu (SHIB) and Bancor (BNT)
Crypto news and prices of Iota (MIOTA), Alpaca and Polygon (MATIC)
News and price analysis for the crypto assets The Graph (GRT) Arbitrum (ARB) and Monero (XMR)
In this article we will look at what news is most relevant for the crypto assets Dogecoin (DOGE), Cardano (ADA) and The Sandbox (SAND).
Crypto news: Binance invests $5 million in Curve DAO (CRV) to support protocol
Revenue analysis of L1 blockchains: Ethereum and Tron dominate volumes thanks to crypto Pepe
Crypto news: Binance invests $10 million in DeFi Radiant platform after success with BNB Chain
Algorand: the crypto crash leads AlgoFi to shut down the platform
Crypto news: Aave votes to launch GHO stablecoin on Ethereum
Coca-Cola chooses the Ethereum Layer 2 Base to launch its NFT collection
NFTs on Ethereum: -79% since the beginning of the year
Sorare and Mangopay revolutionize Web3 with Cash Wallet NFT functionality
Palm Foundation after collaborating in the NFT world with Netflix and Warner, is now partnering in the crypto world with Polygon
Google Play embraces the crypto and NFT revolution: new opportunities for apps and games
Axie Infinity: crypto not to-the-moon yet after launch in Apple’s App Store
Gaming Web3: 8 Ball Pool goes up on Immutable zkEVM
eSports: New partnership between Bitget and DOTA 2 Bali Major
McDonald’s Hong Kong: the launch of McNuggets land in The Sandbox (SAND)
Sella bank exposes itself to Web3 with a metaverse initiative
Metaverse report: The Nemesis and Sandbox among the best Web3 virtual worlds
The Metaverse sector holds 43.68% of Web3 investments: the DappRadar report
Polygon along with Warner Music Group launch Web3 and music program
NFT art sales on the rise: the ETH chain is first with $85.43 million in sales
New Discoveries Unveil the True Identity of Leonardo Da Vinci and the Authentic Nature of His Works, Paving the Way for Exclusive NFT Collection
Mattia Cuttini’s new NFT solo art exhibition coming soon
The foundation of the crypto Stellar has invested in MoneyGram
Bitcoin: good news from Argentina
Ripple (XRP) unveils its crypto solution for a CBDC at the Bank of New Zealand
GameStop stock: a judge agrees with Robinhood
The foundation of the crypto Stellar has invested in MoneyGram
Ripple (XRP) unveils its crypto solution for a CBDC at the Bank of New Zealand
Russia: 13 banks will test the CBDC
Former Twitter CEO’s company takes legal action against Mastercard and Visa
Bybit: the crypto-exchange launches Wealth Management to offer investment strategies
Coinbase (COIN): the stock of the cryptocurrency exchange falls
Metamask airdrop: all the info
Coinbase vs SEC: the crypto company seeks a full dismissal of the case
How to use Solidity from Ethereum
Ethereum: how do smart contracts work?
What exactly is a smart contract?
2021 could be the year of NFTs
Bybit: the crypto-exchange launches Wealth Management to offer investment strategies
Coinbase (COIN): the stock of the cryptocurrency exchange falls
Coinbase vs SEC: the crypto company seeks a full dismissal of the case
Negative news on Binance, but BNB holds up
Continuously losing money in the Crypto Market? A 20-year trader share his ways to profit
How to buy, sell and create NFTs on OpenSea. The ultimate guide
How Compound works for lending with cryptocurrencies
Crypto gadgets: new physical device for tracking cryptocurrencies
Metamask airdrop: all the info
Bitcoin Beach: the wallet project born in El Salvador expands.
LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in World’s First for a Football League
How to configure a MetaMask wallet
By Alessia Pannone – 10 May 2023
What is the general trend and sentiment in the crypto market and how are the prices of the Floki Inu (FLOKI), PancakeSwap (CAKE) and Solana (SOL) coins performing? 
Below is an overview with all the details and the latest news. 
Summary
As a reminder, Floki Inu (FLOKI) is a memecoin launched in August 2021, inspired by Elon Musk’s dog, thanks to which it has attracted a lot of attention in the blockchain sector. 
PancakeSwap, on the other hand, is a decentralised exchange (DEX) that operates according to the AMM (Automatic Market Maker) model. This allows its users to exchange tokens in a completely decentralised manner, as pools of liquidity are generated to make this possible. 
Finally, Solana, whose native crypto is SOL, is a public, open-source and decentralised blockchain platform that achieves consensus by using a proof-of-stake algorithm together with a novel algorithm called proof-of-history. 
As we know, after the recent addition of zero commission trading on the cryptocurrency exchange Binance, the price of FLOKI showed a huge jump, although it did not last long. 
Previously, in addition to FLOKI, Binance also listed another memecoin, PEPE, in its innovation zone. 
Logically, the addition of these coins came as a result of renewed demand for the memecoin category in the cryptocurrency market. 
Following the recent demand after the Binance listing, the price of Floki Inu has a chance to break through the $0.0000685 neckline resistance, according to CoinGape’s price analysis. 
On the other hand, Pepe Coin also showed some correction after its sudden spike with the Binance price. Furthermore, the developers of Floki Inu stated that they want to develop a three-pronged solution file to expand its reach in the cryptocurrency market. 
The new project with this objective, the game ‘Valhalla Play To Earn’, is expected to be released on the mainnet by the end of this year and will allow users to earn money by playing Web3 games.
In addition, memecoin is also focusing on the Decentralised Finance (DeFi) game, specifically on creating useful DeFi solutions. 
In addition, Floki University’s cryptocurrency education platform nurtures new entrants with teachings on the cryptocurrency market. 
More importantly, all three of these offerings are powered by the $FLOKI token, which could potentially unlock new sources of liquidity.
The last three weeks have been very difficult for PancakeSwap (CAKE) holders, as the value of the crypto has plummeted to February 2021 levels. 
In fact, what started as a seemingly innocent pullback has turned into a major drawdown. 
At this point, the CEO of PancakeSwap has issued a statement explaining the situation and offering his thoughts on what has happened to the CAKE ecosystem. 
Specifically, his statement said that CAKE’s recent performance was a reflection of changes to its tokenomics.
In fact, changes to the platform’s inflation model were necessary for the CAKE syrup pool to ensure sustainability, according to the release: 
1/12 As the Head Chef of PancakeSwap, I understand that changes in tokenomics can be a delicate topic for our community. However, I want to assure you that our recent changes were made with careful consideration and for the long-term benefit of PancakeSwap and our users in mind.
In any case, as far as the price is concerned, there is a high probability that CAKE will experience a bullish spike in the coming days, which is reflected in several parameters.
For example, the number of transactions has been relatively low for the past three weeks, but spiked on the 8th.
 
CAKE has also gained 3.61% over the past 24 hours, although it is still down more than 50% from its April high.
Currently, CAKE is still very oversold at $1.91. This means that there is significant upside potential, but its ability to make a strong recovery will depend on its ability to secure solid demand.
After months of a remarkable rally, the Solana (SOL) crypto has made several unsuccessful attempts to extend its bullish move above a controversial $27 resistance level. 
As a result, momentum has stalled as the price has fluctuated around a critical level for over a week, compressing the asset with unstable price action. 
In between, the $22 level is currently providing temporary support, having established a solid level at $20 in April. These support levels are also held by a four-month trend line.
It is important to note that the price action has reached a breakpoint on the ascending triangle. In fact, we can see that the price action around the apex of the triangle has been accompanied by a contraction, which could lead to an expansion at any moment.
So, if SOL expands lower and reverses the rising trend line, we can expect a retest of the March low, which has been tested by some top altcoins in recent weeks. 
On the other hand, an upward expansion could lead to a retest of the aforementioned controversial resistance.
Graduated in communication sciences, currently student of the master’s degree course in publishing and writing. Writer of articles from an SEO perspective, with care for indexing in search engines.
Stefania Stimolo – 16 Aug 2023
Reporting the future.
The latest news about Bitcoin, ICO, trading, blockchain and fintech.
Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain
We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.

source

Leave a Reply

Your email address will not be published. Required fields are marked *