Altcoin News Official TheBitTimes.com

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s native SOL token has seen an 8% jump from yesterday’s low, taking price back above the $70 level. This comes amid rising network activity and transactions on the blockchain, helping push Solana’s market cap back above $30.5 billion. Meanwhile, the new altcoin Bitcoin Minetrix (BTCMTX) continues to gain ground in its viral presale phase, with many experts speculating it could pump after listing on mainstream exchanges. Solana rebounds as metrics point to renewed interest After a rocky 24 hours, Solana appears to be swiftly rebounding. SOL is up to $72.10, propelling Solana to the number six spot by market capitalization. This recovery has been fueled by a marked increase in trading volumes. Over $2.8 billion worth of SOL was traded globally in the past day alone – a sizable jump from Dec. 10. Additionally, Solana’s...

Crypto adoption in the United Kingdom has been growing as the country adopts more regulations targeting crypto and stablecoins, the study shows. The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study. The blockchain analytics firm Chainalysis on Oct. 18 released two new chapters of its 2023 Geography of Cryptocurrency report, including its brand new CNWE study and the second edition on Eastern Europe. According to the CNWE-focused report, the CNWE region was the second-largest crypto economy in the world over the past year, behind only North America. The region accounted for 17.6% of global transaction volume between July 2022 and June 2023, receiving an estimated $1 trillion in on-chain value during the time period. The U.K. has topped CNWE’s biggest crypto economies list and also ranked third in the world in terms of transact...