Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation.
Read moreHive Digital sales up 36% as Bitcoin miner forays into AI compute
Hive’s new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024.
Read moreGrayscale launches investment fund for MakerDAO token
Grayscale also launched funds for protocols Bittensor and Sui in August.
Read morePrice analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
Read moreBitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth.
Read moreChance of Bitcoin price drop to $52K rises as derivatives show traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.
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