Rivalry Unfolds Between Ethereum Merge Hard Forks’ Proof-of-Work Projects

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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Decentraland’s Ecstasy Might Not Last, Given MANA’s Present Capacity

Decentraland (MANA) propelled social activity within the last few days following a massive announcement. Spanish football league’s top-tier, LaLiga, entered a strategic deal with SatadioPlus, a technological firm. The agreement will allow Laliga to show themed land plots in Vegas City. Furthermore, Vegas City runs the top games, entertainment, and sports sectors of Decentraland, furthering…

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Market Outlook: Ripple (XRP) Surges 8%; BTC Plunged to Weekly Lows

Ripple’s XRP and Cosmos’ ATOM are among the few assets with substantial upticks within the last 24 hours. Ethereum continues to dip after the awaited Merge. Bitcoin recorded further declines, moving beneath the south-after $20K. That saw the crypto hitting a week low around the $19K vicinity. Also, Ethereum remained down after the Ether 2.0-…

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Monero (XMR): Recent Network Upgrade Might Be Essential for Your Trades

Monero recently introduced an upgrade that market players can easily dismiss as a run-of-the-mill safety update. More scrutiny, especially about the reasons for the update, shows it’s a critical update for future-proofing security. Monero has shown consistency as far as security updates are concerned. For instance, it has been analyzing its blockchain’s tolerance against future…

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Maker Increases Staked Ethereum Limit to Minimize USDC Dependence

Maker, the issuer of DAI stablecoin, has nearly doubled the limit on its staked Ethereum vault. The DeFi protocol is planning to stop its dependence on centralized stablecoin like USDC. The recent Tornado Cash scandal has fueled the plan. Staked Ethereum represents one unit of ETH that has been locked up or deposited in expectation…

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Bitcoin (BTC): 2023 Halving and All Recent Things to Know

Bitcoin (BTC) has hit the limelight once more. That comes after the leading crypto recorded impressive gains within the past week. BTC surged over 12% during the timeframe. The intriguing info about Bitcoin halving emerged amidst the talks about the next bullish run. The 4th Bitcoin halving will happen sooner than the initial plan of…

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Solana (SOL): Long Traders Could Be Unaware of This Crucial Info

Solana’s governance coin SOL recorded lucrative uptrends recently, with its price soaring by more than 10% over the past seven days. The price upswing gave investors hope for lucrative days ahead. Though the alternative token has recorded multiple optimistic developments within the community within the last few days, the sustainability of the ongoing hike remains…

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MicroStrategy Plans to Purchase More Bitcoin

MicroStrategy holds the most bitcoin than any other corporate company. Its bitcoin portfolio has over 128,900 bitcoin with a value of nearly $2.6 Billion in today’s market. The publicly traded software company plans to purchase more in the coming days. MicroStrategy to Sell Part of its Shares to Finance Bitcoin Acquisition MicroStrategy informed the Securities…

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Tether Leads USDC with $16B Market Cap Gap as Binance Minimizes Stablecoin Competition

In June 2022, the market cap gap between USDC and USDT was only about $10B. It seemed as if USDC was closing the gap and overtaking USDT, its biggest rival. The two most popular stablecoins began the year with a market cap gap of nearly $36B. However, a recent shift of events has seen Tether’s(USDT)…

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Helium (HNT): Price Action Over Past Days Amid Proposal to Migrate to Solana

The Helium Foundation revealed a proposal on August 30, informing users about attractive updates. The foundation confirmed the plans of Helium’s core team to shift towards the Solana blockchain. Though the platform scheduled a proposal to commence by September 12, the HNT price immediately dropped by 11% over the following 24 hours after the proposal’s…

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NEAR Protocol Announces New Updates; Enough to Shift Its Course?

NEAR Protocols introduced the initial Protocol Working Group conference to debate the recent improvement proposals for the platform. The group will bolster NEAR’s future and ensure heightened developments. Besides the new development-focused group, NEAR witnessed a lucrative performance in the previous week. The latest weekly update shows NEAR conducted 2.25M transactions with 751,293 average transfers….

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Uniswap (UNI): Chances of Winning Long Bets in Future

Uniswap has gained approximately 8.05% over the past seven days. UNI has retained optimistic price actions regardless of the present bearish market. However, what could be behind Uniswap’s impressive performance? The platform has seen several developments that might have contributed to this surge. Uniswap’s product head, Scott Gray, revealed that the firm would launch non-fungible…

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Top-Ranked Crypto Project to Invest in September 2022

Crypto experts regularly conduct market analysis to identify crypto projects that seem promising. They then share their insights on these projects that help investors save time that they would have spent carrying out research. As such, in this article, we review Tamadoge, the top-ranked crypto project by experts. Investors need to note that cryptocurrencies are…

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Cardano (ADA) Enters Most Crucial Month: What to Expect?

Cardano remains a few days from its Vasil update as we welcome September 2022. Meanwhile, expectations remain high, especially for pre-upgrade rallies, as that is often whenever a blockchain platform introduces massive changes. If Cardano’s Vasil satisfies the anticipations, market players can expect surged investor excitement in the upcoming days. Cardano’s bullish trials in August’s…

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Ethereum’s Co-Founder Calls For Alternative Stablecoin Technology

As the clamor for increased stability in the crypto market continues to gain traction, Vitalik Buterin has added his opinion to the call.  According to the Ethereum co-founder, the industry would do well creating other dollar-pegged stablecoins to provide more stability to the digital asset ecosystem. Buterin responded to Coinbase’s Brian Armstrong, who requested to…

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Massive Rug Pull Threatens GameFi Project As DeFi Protocol Faces Hack

The rate at which hackers target the decentralized ecosystem is rising daily. After a recent rug pull, the market value of a famous play-to-earn blockchain platform, the GameFi initiative, dropped by 99%. Similarly, another DeFi network lost millions to the recent attack on its platform. Moreover, the blockchain security and analytic firm PeckShield Alert posted…

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Arbitrum: All Latest Things to Know, Featuring Growing Network Activity

Arbitrum, an Ethereum Layer2 solution, looks to regain its lost charm in the cryptocurrency space. The roll-up solution will undergo a massive Nitro upgrade next week. Meanwhile, Arbitrum witnessed an enormous surge in daily transactions, crossing 180,000 this week. Indeed, Arbitrum appears healthy compared to its rival, Optimism. Arbitrum’s organic growth saw it maintaining a…

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Binance Suspends Corporate Account’s $1 Million Amid Law Enforcement Demand

Following a request from law enforcement, the largest global crypto exchange by transaction volume, Binance, is blocking a company account with more than $1 million in virtual assets. According to an announcement from Binance, it has suspended the account of a Tezos (XTZ) services provider that included $1 million in digital currencies.  Moreover, the tool…

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Singapore-based MEXC Exchange To Reward SHIB Holders With 5,555 BONE

According to Shiba Inu’s official Twitter account, the Singapore-based MEXC exchange is set to reward eligible users in an upcoming event.  The promotional event is jointly hosted by the exchange in partnership with Bone ShibaSwap (BONE), which has set the prize at 5,555 BONE, which is up for grabs in the “Sign Up, Deposit and…

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Kazakhstan’s AFSA Gives Binance Exchange Approval To Operate

In 2022, Kazakhstan’s law enforcement toward the crypto sector took a huge turn. The former haven for crypto miners became a nightmare as the country imposed heavy sanctions on crypto miners. However, the latest report reveals that the country has given Binance approval to operate in the region. Binance announced that it had received in-principle…

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