The number of daily active signers on Solana ($SOL), which are deemed a good proxy for daily active users, has jumped 300% since the network’s last update in late September, peaking at 299,000 in late January before dropping to 232,000. According to OurNetwork, a weekly newsletter focused on...
As foreseen in the previous article, MATIC continued its downward trajectory towards the 61.8% Fibonacci support while breaking down from the bearish flag on its daily chart. From here on, MATIC aimed to retest the crucial $1.45-$1.52 range near its Point of control (POC, red) before positioning itself to make a trend committal move. If the bulls fail to step in this range and counter the sell-off, the alt would likely succumb to its prevalent bearish tendencies. At press time,...
Road Town, British Virgin Islands, 1st March, 2022, Chainwire Hot on the heels of launching its Open Protocol testnet, Hashstack Finance is thrilled to announce the closing of its $1 million seed funding round. The project will use the proceeds to develop the Open Protocol, attract top talent, and grow...
The Cardano network had faced several congestion issues last month when major decentralized applications (dApps) had rolled out on the network. However, it has since shown accelerated efforts towards fixing these scalability issues. It recently revealed a roadmap that is “focused on performance optimization and scalability”. And, it appears to be moving on time, with the February release launching on the network earlier today. ????Today, we have successfully deployed our major February release to the
The Ukrainian government has continued to receive crypto donations. Gavin Wood, the founder of Polkadot (DOT), has just sent $5.7 million to the country’s wallet, fulfilling a promise he made earlier.
Cardano Faces Critical Resistance After Whale Frenzy Source link
Marsascala, Malta, 28th February, 2022, Chainwire Sonar has announced the release of their Social Sentiment AI feature, scheduled to go live this week. It seeks to compete with other sentiment analysis services currently on the market such as LunarCrush. In the world of speculative cryptocurrency trading, investors rely on a...
Decentralized automated trading platform, Mercor Finance is pioneering a new approach to algorithmic trading, with a focus on equipping amateur investors with decentralized tools normally only accessible to institutions with scale. The platform, which is available allows users to invest their funds using pre-defined automated strategies, monitoring its performance through a user-friendly platform dashboard. Automation brings several benefits to the world of investing. Algorithms run 24/7 and are faster and more reliable than humans could ever be, allowing investors to spend...
Ripple vs SEC lawsuit is in the spotlight of all cryptocurrency enthusiasts. Everyone is eagerly watching every move in the court and is waiting for the final verdict. Attorney Jeremy Hogan has dropped some quick updates regarding the case and its possible outcome.
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