On today’s episode of”The Market Record,” Cointelegraph’s resident specialists talk about the most up to date updates worrying the current Solana(SOL)hack.To kick things off, we damaged down the most up to date information in the marketplace today:
Bitcoin realized price bands develop crucial resistance as bulls lose $24K, significant whale activity in between $22,000 and $24,800 adds to the intricacy of the present spot market configuration. Bitcoin (BTC) combined lower on Aug. 9 after acquainted resistance preserved a multi-month trading variety. When will we ultimately break out of this cost variety and also make the relocation towards $30K?
Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Record, “Greater clearness” around the Merge has actually driven institutional inflows into Ethereum items, according to a CoinShares report. Is the ETH merge finally around the bend and will certainly it bring brand-new all time highs to ETH or has the rate currently been factored into the present price?Circle ices up blacklisted Tornado Cash money clever contract addresses, Crypto information collector Dune Analytics stated that, on Monday, Circle, the issuer of the USD Coin( USDC)stablecoin, froze over 75,000 USDC worth of funds connected to the 44 Twister Cash addresses approved by the U.S. Workplace of Foreign Properties Control’s Particularly Designated Nationals and also Blocked Persons(SDN)listing. Could this mark the end for Hurricane Cash money or is there a method they can redeem themselves?Next up is a new section called”Quick Crypto Tips,”which intends to offer newcomers to the crypto industry quick and also very easy pointers to get one of the most out of their experience. This week’s tip: Have some funds ready to acquire additional downturns.Market professional Marcel Pechman after that meticulously examines the Bitcoin as well as Ether(
ETH)markets. Are the current market conditions bullish or bearish? What is the overview for the following couple of months? Pechman is right here to break it down. The specialists additionally go over some markets information to bring you up to day on the latest concerning the top 2 cryptocurrencies.After Marcel’s market analysis, our resident experts discuss whether your SOL is secure as well as the most up to date updates
on the Solana hack. We likewise go over why the network has been sufferer to a lot of hacks as well as downtimes. What exactly do these exploits suggest for the Solana system as well as if you need to be worried.Lastly, we have actually got understandings from Cointelegraph Markets Pro, a platform for crypto investors who want to stay one action in advance of the market. The experts utilize Cointelegraph Markets Pro to identify 2 altcoins that stood out today: Radicle’s RAD and also DigiByte’s DGB.Do you have a question about a coin or topic not covered here? Do not fret. Join the YouTube chat room, and also write your concerns there. The individual with the most intriguing comment or inquiry will
be given a 1 month totally free subscription to markets Pro worth $100! The marketplace Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to directly over to Cointelegraph’s YouTube web page and also shatter those like as well as subscribe buttons for all our future videos and updates. Title: Is your SOL safe? What we know about the Solana hack|Find out currently on The Market Report Sourced From: cointelegraph.com/news/is-your-sol-safe-what-we-know-about-the-solana-hack-find-out-now-on-the-market-report!.?.!Published Date: Tue, 09 Aug 2022 17:00:00 +0100