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Bitcoin’s bottom might be far from close as dwindling volume suggests further loss of support There is potential for further volume decline as holdings continued to exit the custody of exchanges Bitcoin’s [BTC] chances of remaining in “green control” could be at the risk of a drawdown since the king coin lost the $19,500-support. This […]
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Polygon [MATIC] was last week’s top performer among the top 20 cryptos in terms of market capitalization, as its value surged by over 30%. At press time, MATIC was trading at $1.20 with a market capitalization of $10.4 billion, according to CoinMarketCap. CoinGecko’s data revealed that MATIC was also quite popular, at press time as […]
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Bitcoin’s [BTC] 7-day performance has left the cryptocurrency with an uptick of 1.78% on the charts. In fact, at press time, the crypto was priced at $20,900. What this suggested is that while BTC has been on the up lately, it has struggled to build on its recent price appreciation. Needless to say, there’s still […]
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Tron [TRX] recently released its October’s monthly report, wherein it mentioned all the notable developments of the ecosystem in the last 30 days. Looking at the report suggested that Tron witnessed quite a few heated moments in October, as several developments gave hope for brighter days to come. 🚀#TRON Monthly Report of October! Check out! […]
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In response to an allegation that Ripple [XRP] had underperformed, its Chief Technology Officer (CTO) claimed it was untrue. David Schwartz, Ripple’s CTO, who also doubles as its Ripple Ledger (XRPL) lead, said that XRP’s performance surpassed that of Bitcoin [BTC] and Ethereum [ETH] in 2022. Maybe if you cherry-pick timeframes, but it seems to me that it mostly does the […]
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Magic Eden, the biggest NFT marketplace on Solana [SOL], with a monthly trading volume of over $87 million, announced its decision to implement an optional royalties structure on its platform. With this, buyers of NFTs on Magic Eden reserve the right to determine how much they wish to pay as royalties to the creators of […]
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Good news recently came in for PancakeSwap investors as CAKE was able to make it to several lists that had the potential to change CAKE’s fate in the short term. For instance, CAKE was among the top-voted BNB chain projects on CoinGecko, a crypto data aggregator. Apart from CAKE, Baby Doge Coin, SafeMoon, and RichQuake were […]
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Ethereum’s [ETH] network revenue fell by a massive 86% in the third quarter of 2022, according to the report released by Bankless (an informative site focused on crypto). Reportedly, Ethereum recorded $1.96 billion in net revenue in the second quarter (Q2). Unfortunately, the third quarter was a paltry $274.12 million. Source: Token Terminal Since this […]
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Solana [SOL] has emerged as one of the biggest losers from the 19 August bloodbath in the crypto market. The famed Ethereum [ETH] killer has now lost the highest value among top 10 cryptocurrencies per Coin Market Cap. The SOL token is currently down 21.6% over the past week as the market showed a sharp […]
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Chainlink has dominated as a leading oracle with 1704 integrations of its various products across multiple chains. However, despite the many integrations and projects in its portfolio, Chainlink’s token, LINK, refuses to replicate the same success seen within the Chainlink ecosystem. This year alone, data from the Chainlink ecosystem shows that Chainlink has successfully done […]
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