Ethereum Classic whales are back, but momentum is off to a slow start Ethereum Classic [ETC] briefly joined the list of the market’s top gainers in the last 24 hours. Many altcoins have found favor with the bulls this week, with quite a few enjoying a bit of an upside too. This rally was backed by a sizeable hike in its market cap too. Now, while that may not seem very important, here’s why it is quite the contrary. Read Ethereum...
A popular cryptocurrency analyst has pointed out that Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, must hold above a key price level before its price can potentially move over the $1,500 mark. According to popular trader Michaël van de Poppe, Ethereum’s price must remain above the $1,500...
The NFT space has been badly affected by the decline and bearish trend of the crypto-market The dominance and recent record sales of BAYC NFTs, however, established that NFTs are far from done The demise of high-profile endeavours like Terra and FTX has not helped the situation. According to some, even more damage appears to have been done to the Non-Fungible Token (NFT) space, with some commentators even declaring the end of NFTs. On the contrary, a recent Bored Ape Yacht...
MakerDAO has liquidated a few of its vaults to reduce risk and exposure to bad debt Whales continue to show interest in the token, despite its TVL declining After the FTX debacle, many in the crypto-community have put their faith in DEXs. It is against this background that MakerDAO announced that it will be liquidating multiple vaults to minimize risks. Read MakerDAO’s [MKR] Price Prediction 2022-2023 No risky business In a tweet, MakerDAO laid out its plan...
The largest whales on the Ethereum ($ETH) network have added over $1 billion worth of the second-largest cryptocurrency by market capitalization in a single day as they continue “rapidly” accumulating the cryptocurrency after its price dropped significantly. According to on-chain analytics firm Santiment, whales with between 10,000 and...
The World Economic Forum had invited Shiba Inu to participate in discussions around the metaverse A look at the price chart showed that SHIB ticked, but not enough to spark a rally yet Shibarium, the platform’s metaverse initiative, had been eagerly anticipated by the Shiba Inu community. Despite being granted Shiba Eternity, they have been made to wait for what seemed like an eternity to start their metaverse endeavor. But the community was just informed of another metaverse project that Shiba...
On May 26th, after the LUNA debacle, the old luna chain (now called LUNC) pivoted to a sister chain LUNA 2.0. As part of the transition to Terra 2.0, new LUNA coins got airdropped to LUNA, UST (now called USTC), and aUST holders based on the two snapshots outlined in the Terra Ecosystem Revival Plan. On November 24th, few of these airdropped LUNA tokens are to be unlocked.
BNB has managed to outperform some of the top cryptocurrencies in terms of its ability to hold value. The robust utility of the BSC contributed greatly to sustaining BNB’s demand. BNB has performed better than Bitcoin (BTC) and Ethereum (ETH) in terms of price performance during the bear market. It was drawn down by 61% from its ATH at its latest price level. Meanwhile, both BTC and ETH were drawn down by over 77%. BNB will likely retain its position among...
A Cardano-powered algorithmic stablecoin called Djed ($DJED) is set to launch early next year on the smart contract platform’s mainnet, according to an announcement developers made at the Cardano Summit in Lausanne, Switzerland. Djed, as CryptoGlobe previously reported, is an algorithmic stablecoin issued by fintech startup COTI Group....
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