NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL – Until Today

Christian Encila
Christian Encila
2 years ago
2 mins read
Solana

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On the day following the implementation by the US Federal Reserve of the 50-basis point hike, Solana (SOL) saw accumulation rather than a sell-off, despite the altcoin’s 4% decline.

Prices for Bitcoin and Ethereum and other cryptocurrencies fell on December 14 as reports surfaced that the central bank raised its interest rates.

The situation is different now, though. CoinGecko reports that the token dropped another 5% today, with significant declines over the past week, biweekly, and monthly periods. SOL price is currently 135% lower than its intrinsic value.

Related Reading

Bitcoin

Bitcoin Price Crystal Ball – What Happens To BTC After Christmas 2022?

2 years ago

SOL Change In Public Opinion

The futures market for SOL coin indicates a positive investment rate from yesterday, confirming the optimistic tone of on-chain analytics. However, it soon turned negative, reflecting a change in public opinion regarding SOL.

Speculation may be to blame for the recent price increase of the altcoin and subsequent price drop, as is normal with most cryptos. The current support at $13.38 is important because the market is already factoring in the central bank’s interest rate hike.

Even if there is news of greater institutional interest in crypto and blockchain technology, the broader crypto market will be dragged down if big cryptocurrencies like BTC and ETH continue to suffer.

SOL total market cap at $4.9 billion | Chart: TradingView.com

Solana: Down But Not Finished

The crypto research firm Messari has recently published a comprehensive assessment of the Solana Ecosystem.

Positively, even though FTX and Solana are tightly intertwined because of Alameda, the ecosystem has continued to implement technical advancements centered on the key pillars of Solana, namely speed and scalability.

According to the overview, Solana’s DeFi space has been severely damaged. However, the environment is not dead. The study indicates that there are numerous applications on Solana, despite the fact that the TVL has decreased by a staggering 70% since the FTX disaster.

Related Reading

LINK

LINK Still On ETH Whales’ Shopping Cart Despite Dismal Performance In Last 7 Days

2 years ago

In the first quarter of 2023, Helium will migrate all of its activities on Solana’s blockchain.

This is an extremely positive venture for both Helium and Solana, which might boost the price of HNT and SOL.

However, investors in SOL should be wary of short- and medium-term losses, as the rising correlation between the token and BTC and ETH could render Messari’s research bearish.

SOL investors anticipate greater long-term gains as the Solana Ecosystem evolves and as the market strives to recover from the catastrophe brought about by the implosion of FTX.

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

The crypto world just got some rare good news. After years of fighting, Gemini and the SEC have finally agreed...

Aaron Walker 2 hours ago
cryptos-fort-potentiel-apres-rallye-bitcoin-2025

4 cryptos à fort potentiel après le dernier rallye du Bitcoin

Le marché se réveille. Bitcoin consolide au-dessus des 115 000 $ tandis que les ETF spot enregistrent de gros afflux....

guillaumev 2 hours ago
게임스탑(GME), 비트코인 보유 전략으로 부활... 차기 비트코인 솔루션은?

게임스탑(GME), 비트코인 보유 전략으로 부활… 차기 비트코인 솔루션은?

비디오 게임 소매업체 게임스톱(GameStop)이 과감한 비트코인 전략을 바탕으로 2분기 손실 폭을 대폭 줄였다. 매출은 다소 감소했지만 게임스톱이 보유한 4,710개의 비트코인은...

Soyeon Lee 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

dOGECOIN

Imetniki Dogecoina in Pepeja se obračajo k Pepenode

tanjapotocnik 1 hour ago

Ethereum Rischia Prese di Profitto a Settembre Nonostante l’Aumento di 638 Milioni di Dollari negli ETF

clararosati 1 hour ago
한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

Soyeon Lee 1 hour ago

Premium Sponsors

Press Releases

  • Arderile masive de tokenuri continuă la Wall Street Pepe – deja au dispărut 3,6 miliarde WEPE și numărul este în creștere

    Arderile masive de tokenuri continuă la Wall Street Pepe...

    16 minutes ago
  • Masivna spaljivanja tokena nastavljaju se u Wall Street Pepe – nestalo već 3,6 milijardi WEPE i brojka raste

    Masivna spaljivanja tokena nastavljaju se u Wall Street...

    2 hours ago
  • bitcoin price

    Đợt Bull Run Tiếp Theo Có Thể Đưa Giá Trị Lên...

    3 hours ago
  • cheap altcoins

    Top 4 Các Đồng Coin Tiềm Năng Đang Presale Đáng...

    3 hours ago
  • meme coin solana

    Altcoin Hàng Đầu Nên Mua Khi Giá Solana Gần Chạm...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.