Cardano flipped support at $0.438 to the nearest resistance on its 4Hr chart. ADA had its Binance funding rate turning positive. Cardano resorted to southbound movements within the past three weeks after ADA plateaued at the hurdle at $0.51 in September. As a result, the downturn comprised a trend-line resistance that persistently catalyzed selling rallies. […]
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UNI presented a lucrative performance over the previous week, outperforming several ‘usual’ gainers with a more than 10% uptick. Meanwhile, such developments brought some hope to optimistic market players. While publishing this blog, UNI changed hands near $6.33, with its market capitalization above $4.8 billion. Uniswap’s recent actions emerged from the platform developments that welcomed […]
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Binance Coin (BNB) has displayed disappointing antics since early September, worrying market players. Nevertheless, a report showed the exchange crypto attained some lucrative performance in some crucial areas. BNBburn revealed that the coins burned in Q3 exceeded the Q2 record. While publishing this post, Binance Coins burned in the 3rd quarter were 2,040,503.56 $BNB, compared […]
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The borrowing against valuable NFTs as collateral has seen steady growth this year. The recent development involves Fragment, a Mutant Ape Yacht Club NFT holder who borrowed about 1,000 ETH valued at over $1.3M using a pair of the said NFTs as collateral. Gabe Frank, CEO of Arcade, the lending DeFi that facilitated the loan, […]
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The crypto analytics firm Glassnode revealed that Bitcoin’s CCD (Coin Days Destroyed) hit all-time lows on September 26. That showed long-term held their supply despite BTC bearish movement. That shows Bitcoin long-term HODLers have renewed hope in the leading crypto. Moreover, that indicates bullish expectations in the upcoming times. Tokens over three months old contributed […]
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Avalanche developers launched the AvalancheGo@v1.8.6 upgrade recently. This version is v1.8.0-backward compatible, which developers recommend despite being optional. Besides the new update, the Avalanche community has seen multiple positive developments recently. That has seen the blockchain increase its value. Also, AVAX’s price reacted to these developments, recording a 2% uptick within the past 24 hours. […]
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The Cardano Chain launched its much-anticipated Vasil upgrade on Thursday. However, it will take five more days for the developers to experience the upgrade’s capabilities. Cardano Foundation believes that the upgrade will boost the network performance. The name Vasil comes from Vasil St. Dabov, a Cardano supporter who unfortunately lost his life in 2021. Charles […]
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Solana is among the multiple blockchains that have concentration carbon neutrality. That remains a vital consideration as climate change gains more attention. Unsurprisingly, the latest energy consumption report showed an increased carbon footprint. It increased by 26% year-on-year between March 2021 and March 2022. The result remained against the platform’s plans for reduced lower carbon […]
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The new report by a crypto research platform, Messari, evaluated Ethereum’s performance in the 3rd quarter of 2022. The State of ETH Q3 2022 report discovered that the blockchain saw a surge in network activity in the third quarter. Nevertheless, the platform also noted some sectoral plummets and endured a general dip in revenue because […]
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The Ethereum transition to ETHPoS saw the blockchain do away with miners. However, the future of the miners that chose to maintain Proof-of-Work has several uncertainties. Led by Chinese miner Chandler Guo, they created a post-merge ETHPOW and ETHW. The hard fork had a rocky start, but it’s now running. At the time of writing, […]
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