Solana struggles with recovery due to weakening network activity, a declining TVL, and negative ETF flows, as a classic chart pattern targets $100. SOL’s (SOL) recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch. Key takeaways: Solana TVL drops 20% in November, with a 16% decline in network fees, signaling weak network demand. Read more
Zcash and other privacy tokens are rallying against a weaker market as regulatory pressure, delistings and AML rules reshape this niche sector. Privacy tokens, such as Zcash, have posted gains, while the overall crypto market cap and Bitcoin have dropped sharply. The rally is happening against a tightening policy backdrop with FATF pressure, new EU AML rules and a growing list of privacy coin delistings. Sanctions cases and prosecutions involving mixers and wallets have raised questions about the line between infrastructure and money transmission, pushing compliance teams toward cautious de-risking. Read more
Bitcoin gained fresh bullish BTC price targets closer to $100,000 on the back of a sustained rebound and encouraging futures market signals. Bitcoin (BTC) avoided US selling pressure Thursday as US Thanksgiving provided bulls with key relief. Key points: Bitcoin retains $90,000 as support into the Thanksgiving weekend after hitting weekly highs. Read more
Global inflation has slowed down, but in many countries, crypto is still providing an attractive and viable alternative to the local monetary system. Countries around the world are grappling with inflation, and in many places, investors and everyday savers are turning to crypto to protect their savings. The early 2020s saw a sharp uptick in global inflation rates amid government stimulus programs during the COVID-19 epidemic. Supply chain disruptions led to increased costs for businesses, and food and energy prices rose following Russia’s war in Ukraine. Central banks responded aggressively, hiking interest rates and easing pressure on supply chains. As a result, inflation rates have somewhat calmed in the last two years. Read more