Shiba Inu continues trending upward, gaining 2.88% to around $0.000007885, according to CoinMarketCap data. A key driver of this sustained bullish momentum is a 22% SHIB trading volume spike on leading exchange Binance. Binance saw massive Shiba Inu trading volumes of over $37 million in the past 24 hours. As
November 2, 2023 1 min read
Cardano founder Charles Hoskinson recently took to social media to express enthusiasm about the release of a new research paper for Mithril, a scaling solution for the Cardano network. Mithril, which launched on Cardano’s mainnet in July, is a protocol that utilizes a stake-based threshold signature scheme to improve syncing
October 31, 2023 1 min read
The popular meme coin Shiba Inu (SHIB) has experienced a massive surge in on-chain activity recently, according to blockchain analytics firm IntoTheBlock. The most striking data shows a 454.38% explosion in large transactions worth $100,000 or more within just 24 hours. This translated to over $35 million in large SHIB
October 31, 2023 1 min read
The Polkadot Staking Dashboard recently released a major 1.1 update packed with new features aimed at enhancing the staking experience, according to Ross Bulat, an engineer at Parity Technologies. Key additions include MetaMask support, more robust nomination management tools, configurable RPC endpoints, and validator performance metrics. The release introduces 14-day
October 30, 2023 1 min read
On-chain data indicates Bitcoin whales have been aggressively accumulating in recent days, purchasing over 30,000 BTC worth about $1 billion over the last week. According to crypto analyst Ali, the rush of Bitcoin spot ETF applications appears to be fueling increased appetite for Bitcoin among whales and institutions. Blockchain analytics
October 29, 2023 1 min read
Cardano’s growth in total value locked (TVL) on the decentralized finance (DeFi) landscape continues to accelerate, reflecting strong momentum and adoption for the blockchain network. According to recent data, Cardano’s TVL has now surpassed an impressive $250 million milestone. This cements its status as one of the fastest-growing DeFi ecosystems.
October 29, 2023 1 min read
Dogecoin (DOGE) has seen substantial gains over the past week, rallying over 29% as some alternative cryptocurrencies begin paring their recent increases. As of writing, Dogecoin is up 5.7% to $0.0708, solidifying its position as one of the top-performing coins among the top 10 by market capitalization. There has been
October 26, 2023 2 mins read
Blockchain platform Polygon has implemented a major upgrade to its native POL token, unlocking new staking features designed to scale Ethereum for mainstream adoption. According to an announcement from Polygon Labs, the upgraded POL token is now live on the Ethereum mainnet. This milestone caps months of development and testing
October 25, 2023 1 min read
Large Ethereum holders have been rapidly withdrawing ETH from centralized exchanges as prices recover above $1,850, according to blockchain analytics firm Santiment. Santiment reported that the percentage of ETH supply held on exchanges has dropped to just 8.41%, the lowest level since Ethereum first launched in 2015. Ethereum exodus comes
October 25, 2023 1 min read
According to data from CoinGecko, Solana’s SOL has been a rare standout in 2023’s cryptocurrency rout, gaining over 214% year-to-date. The price performance makes it one of the only major crypto assets firmly in positive territory for the year. In comparison, Bitcoin and Ethereum are only up 106% and 50%,
October 25, 2023 1 min read