In the volatile world of cryptocurrencies, Binance Coin (BNB) has emerged as a strong contender, decoupling from the market’s recent downturn. While other digital assets fell, BNB showcased resilience, demonstrating a price surge towards a critical level that could dictate its future trajectory in the days to come. At the time of writing, BNB was […]
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The Avalanche (AVAX) network has gained prominence as a leading blockchain platform, providing users with a robust infrastructure for token transactions. It is a Layer 1 blockchain protocol that provides a high-performance platform for decentralized applications (dApps) and smart contracts. Avalanche strives to provide users with a fast, secure, and scalable ecosystem for token transactions. […]
Optimism (OP) is a Layer 2 network that solves Ethereum’s scalability issues, bringing low fees and faster transactions to users. Scalability and low gas fees have always been Ethereum’s major problems. This is because, amid the trilemma of crypto, where security, decentralization, and scalability are not equal, Ethereum chose more security than decentralization and more […]
The Q4 report from Tron reveals a significant contrast between its thriving DeFi sector and subdued core network activity. Despite a remarkable 41% increase in Total Value Locked (TVL) in Tron’s DeFi space, securing the second position after Ethereum, the network experienced a slowdown in user growth. At the time of writing, TRX was trading […]
The Arbitrum (ARB) network is a Layer 2 scaling solution for Ethereum that aims to address the scalability and high transaction fees. It is developed by Offchain Labs and utilizes a technology called Optimistic Rollups to achieve its objectives. Optimistic Rollups work by processing most transactions off-chain and then periodically submitting a summary of those […]
Shibarium is almost at a new transaction milestone amid Shiba Inu’s market price uncertainty. The latest data from Shibariumscan shows the layer-2 scaling platform for Shiba Inu is now nearing a transaction count of 300 million, an exciting threshold that points to a successful and impactful rollout. With SHIB now struggling to post gains in […]
Cardano (ADA) staged a remarkable performance today, defying prevailing expectations and orchestrating a meteoric rise that propelled it from a relatively unassuming position to a prominent spot within the top 10 cryptocurrencies by market capitalization, courtesy of an impressive 3.6% rally. While stalwarts like Bitcoin and Ethereum made incremental movements, Cardano distinguished itself with an […]
According to data from Coingecko, Dogecoin (DOGE) has soared by 10.5% in the last 24 hours, drawing much attention from market analysts and investors alike. Prior to this gain, the memecoin had shown little price movement, hovering around the $0.08 price region for most of the past week. Dogecoin ranks as one of the top […]
According to the latest on-chain data, the Layer-1 network Solana has hit a significant milestone in terms of the transfer volume of stablecoins this month. Solana Overtakes Tron In Stablecoin Transfer Volume Data from the blockchain analytics platform Artemis shows that the stablecoin transfer volume on Solana has already surpassed $300 billion in January. This […]
Maker DAO’s MKR has been a dominant force in real-world asset (RWA) transactions within decentralized finance (DeFi), boasting a daily average of $94.5 million in RWA-related transactions in the second week of January. Despite this impressive transaction volume, there are underlying challenges that investors need to consider. Maker Transaction Volume Dominance MKR stands out with […]
An anonymous Bitcoin whale may have triggered a massive sell-off panic in the crypto market recently. According to an X (formerly Twitter) post by Ali Martinez, the whale sold off a whopping 59,000 BTC totaling over $2.45 billion. Bitcoin Whale Dumps 59,000 BTC In his X post, Martinez announced that a Bitcoin whale has initiated […]
The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its foresight and doggedness. When the pioneer cryptocurrency and digital currency, Bitcoin launched in January […]
Astar ( ASTR), a parachain on the Polkadot ecosystem, has been making waves recently, not with flamboyant pronouncements, but with solid numbers and genuine growth. Astar: A Community Blossoming Astar has made a historic achievement, boasting an impressive 650,000-strong community of ASTR enthusiasts, showcasing its growing appeal within the Web3 space. This isn’t just passive […]
Crypto analyst Egrag Crypto has revealed key price levels to watch out for in one of his latest analyses of XRP. The analyst hinted that these prices could be crucial especially following his prediction that the crypto token will rise to $5 in 90 days. Targets That Confirm An XRP Bull Run In a post […]
In the midst of the recent turbulence within the cryptocurrency market, Chainlink (LINK) has emerged as a notable outlier, demonstrating resilience against the sweeping downturn that has left major altcoins crumbling. Surprisingly, LINK has steadfastly clung to the $16 mark, showcasing a 14% rally in the last seven days and defying the prevailing market trends. […]
The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves by Grayscale, which is believed to be responsible for the recent decline in Bitcoin’s price. Celsius And FTX Crypto Funds On The Move On-chain data […]
The story has not been much different for the price of Bitcoin this week, as the premier cryptocurrency has struggled to capitalize on its recent advancements. According to data from CoinGecko, BTC is down by more than 3% in the past week, putting doubts over the continuation of the bull run. However, the latest on-chain […]
Data from the trading analytics platform BitMEX Research reveals that Fidelity’s Bitcoin spot ETF – FBTC – has now witnessed a total inflow of over $1 billion. This development comes as BTC attempts to rebound from its recent dip over the last two weeks with a 1.56% gain in the past day, based on data […]
According to a recent report by Messari, smart contract platform Algorand (ALGO), showcased notable growth and outperformed the general crypto market during the fourth quarter of 2023. Algorand Outperforms Crypto Market Growth Per the report, Algorand experienced a surge in market capitalization during Q4 2023, with a significant growth rate of 123%. This substantial increase […]
Franklin Templeton President and CEO Jenny Johnson joined CNBC’s ‘Squawk Box’ to discuss the firm’s spot Bitcoin Exchange-Traded Fund (ETF) offering in the US. In this interview, Johnson shared the reasons for investing in Bitcoin. What Made Franklin Templeton CEO A Bitcoin Believer As she states in the interview, the CEO is known for saying […]