CRYPTO

Authored by Martin Young via CoinTelegraph.com,

Bitcoin futures funding rates – periodic payments made between short and long traders – may be signaling a potential price correction for Bitcoin in the future, which could present “prime buying opportunities," according to market analysts. 

In a post shared on X on April 3, an analyst from on-chain analytics firm CryptoQuant reported that record-long positive Bitcoin futures funding rates are signalling “strong (more…)

Authored by Jesse Coghlan via CoinTelegraph.com,

Ethereum’s layer 2 scaling networks will hit a $1 trillion market capitalization in six years and will be made up of thousands of use case-specific chains, according to analysts from investment manager VanEck.

Layer-2 blockchains are set to capitalize on Ethereum’s “primary challenge” — its “limited capacity to process, store, and compute data,” VanEck’s senior digital assets investment analyst Patrick Bush and (more…)

Authored by Tom Mitchelhill via CoinTelegraph.com,

The Solana network appears to be struggling to keep up with a ravenous demand for memecoins, with data showing roughly 75% of transactions on the network currently failing.

Roughly three-quarters of all transactions on the Solana network have been failing amid a deluge of activity brought by the recent memecoin mania on Solana; however, proponents say the data is being widely misinterpreted. 

Dune Analytics data shows (more…)