Solana’s speed and scalability, positive analyst sentiment, and proposed web3 Saga phone are at odds with its troubling and continual outages. At just $36, Solana (SOL) has fallen 8% in the past 24 hours, 15% over the past month, and 86% since its $259 record high in November last year. Hit by constant bugs and … Continued
As Celsius files for Chapter 11 bankruptcy protection, novice crypto investors should take heed of these three hard-won lessons. Crypto winter. Crypto collapse. And now, in the words of Celsius’ bankruptcy filing, a ‘cryptopocalyse.’ These words matter because negative sentiment can infect the crypto space like cancer. At just over $22,000, Bitcoin is worth less … Continued
Ethereum’s price could be forming a bottom as sentimental and technical analysis skittishly settles down on the bullish side. Ethereum, the much-loved younger brother of Bitcoin, has experienced a disastrous first half in 2022. The cryptocurrency hit a record £3,462 on 12 November 2021, before falling to £1,779 by mid-January. After recovering to £2,623 on … Continued
Cardano’s steady-as-she-goes technological advancement makes for a compelling investment case. Cardano’s (ADA) price has fallen by 82% from its high of 207p in August and is now changing hands for the same 38p as it was in February 2021. But with Cardano’s blockchain tech advances continuing, ADA has price consolidated at a stable support level … Continued
Two critical factors are currently interplaying for the future of cryptocurrency in the UK. First is London’s reputation as a global financial centre. Bankers and politicians stand united in their determination to maintain this status quo. Second is the general acceptance that despite the most recent crash, crypto, and more generally blockchain technology are here … Continued
Bitcoin’s price has collapsed from a record $69,044 in November to just above $20,000 today. Bitcoin’s price is under fire from multiple directions. The Winklevoss twins have labelled the current downturn a ‘crypto winter,’ driven by ‘macroeconomic and geopolitical turmoil.’ Of course, this isn’t the first major correction, and it won’t be the last. Bitcoin … Continued
