4 mins read

Solana Open Interest Hits $13B All-time High: Will SOL Price Follow?

Key takeaways: Bullish technicals suggest that SOL price can reach $1,000 if the resistance between $210-$250 is broken. Solana’s open interest has rallied to a record high of $13 billion, signaling high speculative interest.  After dropping to $155 on Aug. 3, Solana’s (SOL) price has recovered over 36% to an intraday high of $210 on […]

2 mins read

Blue-Chip NFTs Tumble as ETH Retreats From All-Time Highs

Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs.  Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the […]

3 mins read

Bitcoin and Ether Are Primed for New All-Time Highs

Key points: Bitcoin takes another shot at price discovery as volatility returns with Wall Street traders. Crypto liquidations pass $500 million in 24 hours. Ether comes within $150 of new all-time highs as institutional interest surges. Bitcoin (BTC) sought new all-time highs at the Wednesday Wall Street open as institutional demand punished late shorts. BTC/USD […]