Cardano, the hot swap function, and its impact on the future of ADA
admin2022-11-19T07:30:42+00:00Cardano has continued its efforts to improve transactions via its network with ongoing upgrades Despite some advancement, its development activity tanked as ADA faced consolidation, considering its current sentiment According to Cardano’s [ADA] weekly development update on 18 November, there was an advancement in its hot swap feature. For context, the hot swap functions as its framework for peer-to-peer (P2P) adoption. The Cardano team, while updating the community on its efforts, noted that the framework was crucial for testing its components....
$ADA: Cardano Getting Its First Fully Dollar-Backed Regulatory-Compliant Stablecoin
admin2022-11-19T01:20:40+00:00On Friday (18 November 2022), EMURGO, which is the commercial arm of Cardano, announced the planned launch of its new dollar-backed stablecoin USDA, which is “the first fully fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem.” EMURGO, which was founded in 2017, is “a global blockchain technology company providing...
Litecoin [LTC] buyers can deploy this plan to sail through the current rally
admin2022-11-18T17:30:23+00:00Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s recent bullish engulfing candlestick aided the buyers in reclaiming the near-term edge The crypto marked a downtrend in its development activity while it MVRV turned positive Litecoin’s [LTC] recent rebound from its trendline resistance (white, dashed) well-positioned the coin to retest its long-term support zone in the $51-$56 range. Read Litecoin’s Price Prediction 2023-24 Meanwhile, its latest hike pushed LTC beyond the limitations of the...
Join Coco’s Carnival now and win up to $2.1M or a Tesla
admin2022-11-18T14:15:41+00:00The World Cup fever starts to hype up in Qatar. As one of the sporting industry’s most anticipated major football leagues, fans are excited about the intense competition among the participating teams. This year, the World Cup will have 64 intense matches in different cities in Qatar, the first country in the Middle East to host such an event. The World Cup becomes more intense with the addition of BC.GAME. The Argentine Football Association recognizes the crypto casino platform as...
Binance CEO comes in support amid ongoing “RIP Twitter” Trend
admin2022-11-18T07:58:56+00:00On Friday, Binance CEO Changpeng Zao (CZ) speaks out in support of Twitter CEO Elon Musk amid an ongoing trend on Twitter, “RIP Twitter.”The trend #RIPTwitter burst onto the scene after the recent ultimatum given by the Twitter CEO to choose between working intense, extremely hardcore, long hours or losing their jobs.
Binance CEO comes in support of Elon Musk
In a recent tweet, Binance’s CEO highlighted the importance of FUD (fear, uncertainty, and doubt) in the context of...
How prepared is Avalanche’s DeFi arsenal to take on increased demand
admin2022-11-18T06:30:06+00:00Avalanche has been highlighting its preparedness for more demand as self-custody gains popularity AVAX’s short-term demand still showing signs of low stimulation The DeFi space is heating up now that recent events have exposed cracks in the crypto-market’s centralized finance segment. Networks that have DeFi-centric developments are ideally positioned to leverage this shift, especially in the long-run. Avalanche is among them and recent announcements highlight its readiness for this shift. Read AVAX’s Price Prediction for 2023/2024 One of Avalanche’s latest announcements revealed a...
USDC, USDT, BUSD supply outside of exchange spikes, but is this a good sign?
admin2022-11-18T03:30:27+00:00The outflow of stablecoins from exchanges has been on the rise in the wake of the FTX saga. Users appear to be taking custody of their assets, which might have a negative effect on exchanges if it persists. In recent memory, no calendar year has been harder for the cryptocurrency industry than this one. The Terra catastrophe in 2022 had far-reaching repercussions that are still being felt today. The FTX crash was another huge event that sent shockwaves through the cryptocurrency...