NFT News by Thebittimes.Com

Since late 2023, Solana (SOL) has been on a while ride as it saw its price rapidly rise from less than $20 to reach – on a few occasions – toward and above $200. Additionally, the token’s blockchain again started hosting an ever-increasing number of new projects. SOL price trajectory has seen it rise 48.79% since the start of 2024 and cross above $200 twice in March. More recent trading has, however, been more lackluster, and the token dropped 13.03% in the last seven days, ensuring Solana price today, at press time, stands at $150.75. Solana YTD price chart. Source: Finbold Along with the dynamic price action, the ecosystem has also undergone a string of updates and upgrades, with the most recent taking place in late May and changing the fee structure to favor block validators. Picks for you Here’s when Silver price wil...

Robert Kiyosaki, the author renowned for the best-selling personal finance book ‘Rich Dad Poor Dad, ‘ has built a reputation over the years for making numerous predictions concerning the financial world. As the global financial sector grapples with multiple challenges in 2023, the author has stepped forward to forecast what may unfold in the upcoming year. His predictions focus on both the traditional financial space and cryptocurrencies. Here are his three main predictions for 2024 by the financial educator. Bitcoin could hit $120k  Kiyosaki’s first prediction centers on the destiny of Bitcoin (BTC) and the US dollar. The investor’s forecast is grounded in the actions of the BRICS nations—Brazil, Russia, India, China, and South Africa—who are anticipated to unveil a gold-backed cryptocurrency, symbolizing the potential decline of the US dollar. According to Kiyosaki, Bitcoin, and precious metals, including gold and silver, are poised to benefit, as in...

As the majority of assets in the cryptocurrency sector have returned to their previous state prior to the rally triggered by the fake news regarding the spot Bitcoin (BTC) exchange-traded fund (ETF) approval, Ethereum (ETH) whales have taken the cue and switched on the accumulation mode. Specifically, Ethereum whale addresses in the billionaire tier, i.e. cryptocurrency wallets with at least 1 million ETH, currently hold 32.27% of the available ETH supply for the first time in seven years, according to the information offered by cryptocurrency market analytics platform Santiment on October 17. Indeed, as the analytics platform’s chart Analysis indicates, these “uber whale addresses with 1M+ ETH” currently own almost a third of all Ethereum supply for the first time since July 2016. At the same time, the whale transactions exceeding $1 million in ETH had their second-highest day in five weeks on October 16, counting around 520 transfers. Ethereum 1M+ wallets and transactions ov...