Simon Chandler
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017, when the website was first launched, and has also written for Cointelegraph and CryptoVantage, as well as such websites as Forbes, Wired, Digital Trends and Business Insider.
Solana has posted $2.85 billion in annual revenue, cementing its position as the fastest-growing blockchain of the year.
The post Solana Pulls $2.85B in Annual Revenue, Outpacing Ethereum’s Early Growth by 30x appeared first on Cryptonews. …
Ancient8 (A8) surges 145% in 24 hours, but profit-taking has begun. Will it hold key support at $0.2233, or is a deeper pullback ahead? Key insights inside.
The post A8 Up 145% in 24h: Can Explosive Growth Hold? appeared first on Cryptonews. …
Crypto is down today, as the total cryptocurrency market capitalization has seen a significant shift, dropping 4.4%, now standing at $3.4 trillion. The total crypto trading volume is at $119 billion at the time of writing.[Q1]Why did crypto move against stocks today?[/Q1][A1]While the cryptocurrency market is experiencing a downturn, US stock markets are showing modest gains on 15 May. The crypto market is waiting for additional macroeconomic cues, and traders are engaging in profit-taking. Investors seem slightly more confident in the stock markets today, with the S&P 500 rising 0.1%, and the Nasdaq-100 increasing by 0.6%. That said, the Dow Jones Industrial Average is currently down by 0.2%.[/A1] [Q1][/Q1][A1][/A1][Q2]Is this dip sustainable?[/Q2][A2]Following a recent rally, investors seem to be locking in profits, driving a dip. Though a long-term upturn may resume, a short-term dip looks sustainable due to technical cooling, reduced activity, and general macro caution.[/A2]
The post Why Is Crypto…