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Cardano: Decoding the NFT, DeFi factor in ADA’s journey

admin2022-10-08T23:30:02+00:00

Cardano [ADA] was one of the few cryptocurrencies that were extremely affected by the bear market of Q2 and Q3. In fact, the price of ADA has witnessed a massive depreciation over the past month. Furthermore, despite the market’s bearish conditions, Cardano’s team has been trying to garner interest from the NFT communities.  However, Cardano’s efforts didn’t bear any fruit as the blockchain couldn’t generate much in terms of NFT sales. Here’s AMBCrypto’s Price...

Elon Musk Back At Involving Dogecoin (DOGE) On Twitter?

admin2022-10-08T16:46:31+00:00

No other celebrity does have as large an impact as Elon Musk does on Dogecoin (DOGE), merely from Twitter activity. That DOGE price immediately jumps whenever Musk mentions the memecoin speaks it all. In fact, a large part of Dogecoin’s popularity can be attributed to Elon Musk. After a spell of continuous mentions about the memecoin last year, there has been a lull in recent times. The DOGE price has largely been fluctuating around the $0.058 level in recent...

Snoop Dogg Exclusive Partnership With Gala Music

admin2022-10-08T14:03:38+00:00

Snoop Dogg Exclusive Partnership With Gala MusicSnoop Dogg’s Manager Joins Gala Music Advisory BoardOctober 8, 2022Snoop Dogg's blockchain-based strategy seems to be evolving.Source- Facebook/Snoop DoggLearn moreBillboard reports that Snoop Dogg's manager Nick Adler has also joined Gala Music's advisory board.Death Row will use the Gala Music platform to launch exclusive... Read more Source link

Polkadot: Will this ‘upgrade plan’ help DOT rally in near-term

admin2022-10-08T11:30:28+00:00

Polkadot published a tweet on their Twitter page in which they highlighted various proposals that were focused on big network enhancements that were going to be implemented in the near future. In their official statement, they went into detail about further features that members of the network may expect to see implemented in the coming days.

Some upcoming upgrades

The network is implementing Asynchronous Backing in an effort to decrease block duration (from 12...

XRP Gives Strong Breakout On Technical Chart, Next Target $0.66

admin2022-10-08T05:34:33+00:00

On Friday, October 7, the broader cryptocurrency market once again came under selling pressure amid the unemployment data coming from the U.S. However, Ripple’s XRP has chosen to look in the other direction gaining 8% in the last 24 hours. As of press time, XRP is trading 7.3% up at a price of $0.52 and a market cap of $26.1 billion. The recent price jumping XRP comes as the Ripple network growth peaks to a 3-month high. As on-chain data...

FTX, Visa Will Expand Crypto Debit Card Service to 40 Countries

admin2022-10-07T22:18:23+00:00

Key Takeaways

Visa and FTX have announced plans to extend their crypto-powered debit card to 40 new countries. The card, which is currently available in the U.S., will soon be available in Europe, Latin America, and Asia. Visa also works with several other cryptocurrency companies to provide crypto-powered debit cards.

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Visa and FTX have announced plans to extend their crypto debit card to several new countries worldwide.

FTX Visa Cards Expand Globally

FTX is extending the global reach of its crypto card.According to...

Here’s Why Rising Hedera Price Could Revert From $0.062 Resistance

admin2022-10-07T20:20:37+00:00

Published 11 mins ago The bull cycle within the descending triangle pattern encourages buyers to hit the $0.0622 resistance. Until the price action remains trapped in this pattern, the altcoin will continue to walk sideways. The Hedera price currently trades at the $0.06 mark, and the area between the trendline and $0.058 can be considered as no trading zone.

Key points from Hedera price analysis:

The rising price has reclaimed the 20-day EMA. The daily-RSI slope is entering the bullish territory.  The...

Cardano: Wallets created in Sept. were 3.60M; can it assure a price hike

admin2022-10-07T19:30:58+00:00

While the highly anticipated Cardano Vasil Hard Fork might have failed to return the expected positive price reaction for ADA, the upgrade led to a series of growth in ecosystem metrics for Cardano in September. According to data from the Cardano Foundation, within the 30-day period, Cardano recorded a 4.20% uptick in the count of transactions completed on the network. Transactions executed on the network in September totaled 51.2 million. Also, as more...

India’s central bank shares concept note on CBDC; will begin pilot soon

admin2022-10-07T14:30:15+00:00

India’s central bank, the Reserve Bank of India (RBI), has released a concept note on the country’s proposed central bank digital currency (CBDC). The concept note discussed key issues such as technology and design choices, possible uses of Digital Rupee (e₹), and issuance mechanisms, among other things. The RBI will soon begin work on the pilot project. The note has been prepared by the Fintech Department, a department created by the RBI to devise a CBDC and formulate regulations related to...