The past couple of weeks had Bitcoin hitting 16-month levels as the digital asset space saw colossal sell-offs. Combined with the TerraUSD stablecoin crisis, bears remained in the front seats, and they canceled any upside attempt within no time. With the antique financial advice of dip-buying, market players might be looking for hidden gems in…
A new report shows the Dogecoin competitor, Shiba Inu, primed for massive declines this year, as most market players indicate ‘sell.’ Finder, a blockchain data platform, revealed that 73% of surveyed panelists supported the narrative that investors need to sell Shiba Inu. Finder interviewed 36 financial technology experts in April. The general narrative is that…
Market participants best know Solana for its low fees and high speeds. However, individuals highly drawn into the project also recognize Solana’s ambitious goals of attracting increased users and multiple developers in the crypto space. However, is Solana on its way to achieving the targets? The latest insight reports by Santiment on cryptocurrency projects and…
STEPN (GMT), a move-to-earn coin, surged over 30,000% in 30 days and more than 300% within the past seven days. Here’s why. The cryptocurrency industry has proven lucrative for anyone interested in massive returns. Besides Bitcoin, which surged more than 5B percent since 2010 July, many tokens have converted average investors to millionaires in a…
ETH price overcame $3,000 as enthusiasts awaited for the Merge, a milestone update on the Ethereum mainnet. The alt’s platform has burned approximately 5 billion Ether tokens as the PoS transition nears Crypto analysts trust ETH is ready for a 20% ascent following a price bounce. The current upside move might see Ethereum price posting…
Rune’s awaited mainnet launch propelled the coin’s price to the latest highs at $6.01. Also, Terra integrated into the THORChain network, allowing the protocol to support Cosmos-related projects. The THORChain platform hit 1.5M decentralized permissionless swaps. THORChain ($RUNE) token surged by 76.25% within the week. THORChain is a blockchain platform developed through Cosmos SDK, a…
SAND price has seen massive bullish moves lately. The metaverse coin climbed by 78% from the lowest zone this year. Here’s is why SAND surged and what you may expect. Sandbox (SAND/USD) recorded massive recoveries over the last few weeks as enthusiasts waited for the forthcoming Alpha Season 2. For now, SAND changes hands near…
Cardano records a lucrative recovery rate amid a 20% rally over the last ten days. Transaction and technical data indicate a temporary surge to $1.26 A 24hr candle close beneath $1 will cancel the bullish case with further declines. Cardano (ADA) presents bullish signs. However, the resulting uptrend will likely persist because of the many…
Litecoin finally released the Mimblewimble upgrade following 24 months of development. The update makes the Litecoin ecosystem ensure privacy-focused transactions. That comes when lawmakers increased scrutiny on anonymous protocols. A Vital Upgrade Litecoin integrated Mimblewimble via MWEB (Mimblewimble Extension Block). MWEB ensures platform users access confidential transactions. David Burkett, the lead developer, stated that the…
MANA has lost approximately 70% of its ATH. The asset’s market capitalization has dipped to around $2.4 billion. Should you buy or sell the metaverse coin? Here is our view. Decentraland (MANA) witnessed bearishness within the last few months as the crypto industry sees fading momentum. The metaverse coin trades around $1.87, its lowest level…
Fantom (FTM) is among the ETH-layer1 competitors that have trended recently. The weekend had the altcoin rallying higher towards $3.40, registering another ATH. That came after FTOM noted a stable 15% upsurge on 16 January yesterday. According to on-chain analytic firm Santiment, Fantom’s funding rate on sites like Binance turns negative, showing massive shorts. Nevertheless,…
Chainlink Labs hits a new home run, as Former Google CEO Eric Schmidt joins the company as Leading Strategic Advisor. Eric Schmidt’s Past Eric Schmidt has now shaken hands with Chainlink labs as their new strategic advisor. Eric had served Google till the year 2011 and then shifted towards the role of executive chair in…
At the U.S. Taiwan High Tech Forum, the founding director of Filecoin Foundation opined that it is the right time for Taiwan to boost and enhance its development of cryptocurrency and blockchain, especially now that China has quit all activities related to crypto mining and trading since September. The progress of the crypto industry has…
Danal subsidiary has partnered with Samchully Motors and has announced BMWs will now be purchased using Paycoin (PCI). The local luxury auto dealership partnership makes it the first time people can pay for vehicles entirely using crypto. The FinTech solutions provider collaborated with BMW and earmarked a line of customer favorites for sale. A Big…
Hong Kong hosted the 2021 edition of the Digital Entertainment Leadership Forum (DELF) at the Cyberport. The forum had many digital entertainment enthusiasts from various sectors present to see where their industries are going over the following years. The Cyberport Business Park venue captured many visitors’ attention with its various exhibits and workshops. The latest…
While the approaching transition between PoW and PoS could abandon the network of Ethereum at risk, a developer calmed about the safety of the merger. The Ethereum 2.0’s Pivotal upgrades have been sluggish, however stable. Though technical problems are continuously emerging to be troublesome for the network, lingering for up to a couple of recent…
For the time being, Cardano is not doing very well on the cryptocurrency leader board. The native token of Cardano, ADA, has been overtaken by SOL native to the Solana network. This recent event has sparked debate and controversy among the Cardano traders. To address the issue, Cardano founder Charles Hoskinson has hosted a live…
Wormhole, an interoperability protocol based on cross-chain that interlinks blockchains of high value, has recently incorporated UI support aiming at the network Terra (LUNA). A distinct combined interface will allow the consumers to effectively transfer the tokens among Binance Chain, Solana, Ethereum, and Terra. Following the cross-chain bridge of Wormhole is scheduled to take the…
