Author: James Wilson
Solana (SOL) is currently trading at approximately $146.87, reflecting a slight decline of 0.42% over the past 24 hours. Despite this minor pullback, SOL has shown resilience amid broader market fluctuations. In this article, we will look at Solana price target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. 📊 Solana Price Target Current Price: $146.87 24h Price Change: -0.42% 24h Range: $143.96 – $146.87 Market Cap: Approximately $74.19 billion 24h Trading Volume: Approximately $2.1 billion Circulating Supply: Approximately 520 million SOL Trends are mixed but there are some signs of bullish…
U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets. The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations for imminent trade deals during a meeting with Canadian Prime Minister Mark Carney. “We don’t have to sign deals,” Trump said, contradicting earlier remarks by both himself and Treasury Secretary Scott Bessent, who had suggested major agreements were close. Shares of Tesla declined over 2%…
New Hampshire has become the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets, marking a significant milestone for crypto policy at the state level. Governor Kelly Ayotte signed House Bill 302 into law, stating on X, “New Hampshire is once again first in the nation,” celebrating the move to permit investments in both cryptocurrency and precious metals. New Hampshire is once again First in the Nation! 🎉Just signed a new law allowing our state to invest in cryptocurrency and precious metals. pic.twitter.com/ua9bawZKbM— Governor Kelly Ayotte (@KellyAyotte) May 6, 2025 The legislation…
As the Federal Reserve’s Federal Open Market Committee convenes tomorrow, the crypto market appears to be at a crossroads, with investors keenly awaiting signals that could influence digital asset valuations. Currently, the consensus among analysts suggests a high probability that the Fed will maintain its benchmark interest rate within the 4.25%–4.5% range, reflecting ongoing concerns about inflation and economic stability. Bitcoin (BTC) has exhibited resilience ahead of the meeting, trading around $95,000, while Ethereum (ETH) hovers near $1,787. However, the broader crypto market remains sensitive to macroeconomic cues, particularly those emanating from the Fed’s policy decisions. Market participants are closely…
Crypto markets are down 0.48%, reflecting the drop in stock markets and technical pressures on Bitcoin. Crypto markets faced minor selling pressure from both macroeconomic factors and Bitcoin technicals. On Tuesday, May 6, the overall crypto market cap declined 0.54%, falling below $3 trillion to $2.94 trillion. The main driver of the decline mirrored the same factors weighing on equities. The Dow Jones lost more than 400 points, or 1.00%, while other major indices also fared poorly. Typically, Bitcoin (BTC) and the broader crypto market, are correlated with stocks, which likely means that similar factors influence both. In this case,…
SOL Strategies, a Canadian publicly traded company focused on supporting the Solana blockchain ecosystem, has expanded its holdings with a new $20 million Solana purchase. The Canada-listed company announced the move on Tuesday, May 6, disclosing the completion of the $20 million buy is from the first tranche of its $500 million convertible note facility. According to SOL Strategies, the acquisition was for 122,524 Solana (SOL) tokens, completed at an average price of $148.96 per token. The company spent a total of about $18.25 million on the new SOL haul, it noted “With the closing of our initial $20 million…
Stock markets erased many of their previous week’s declines as tariff fears are once again back in focus. Stocks are down as traders brace for the key Fed decision on interest rates, as tariff fears reemerge. On Tuesday, May 6, DOW Jones lost 404 points, or 0.98%, trading at 40,814, while the S&P 500 was down 0.84% and the Nasdaq dropped 1.00%. Traders were concerned after U.S. President Donald Trump made several remarks that suggested that tariff relief is unlikely. Over the weekend, Trump announced a 100% tariff on foreign movies and stated that there were no plans to talk…
KULR Technology Group has deepened its Bitcoin commitment, purchasing 42 additional BTC and bringing its total holdings to 716.2 BTC, the company announced. The energy storage and management firm said it has spent approximately $69 million acquiring Bitcoin (BTC) at an average price of $96,342 per BTC. The latest investment follows KULR’s December 2024 announcement that it would allocate up to 90% of its surplus cash to Bitcoin. At the time, the company held around $12 million in cash reserves and cited financial resilience and global Bitcoin adoption as core drivers behind the strategy. Global acceptance of Bitcoin CEO Michael…
Cardano is gradually approaching a major support zone near $0.62, with several technical indicators aligning for a potential bounce. However, a lack of trading volume leaves bulls awaiting stronger confirmation. Cardano’s (ADA) has been in a slow decline over the past several sessions. Traders are now closely monitoring the $0.62 region, which serves as a critical level of confluence, incorporating Fibonacci support, historical horizontal support, and value area overlap, making it a potential pivot point if sentiment shifts. Key technical points Critical Support Zone: The $0.62 area includes the 0.618 Fibonacci retracement, daily horizontal support, and value area overlap, forming…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto whales are shifting from hype to tokens with real utility-like XRP and Remittix-fueling rapid growth forecasts. Savvy crypto investors are moving on from hype to tokens with real world utility. Coins like Ripple (XRP) and Remittix (RTX) are like this, offering valuable financial services to both retail and institutional entities. Crypto whales are already taking positions in them already as they are poised for explosive growth in the coming weeks. Remittix introduces transformational PayFi protocol, soars 400% Remittix…