Just days after Shibarium, the Layer 2 scaling solution of the Shiba Inu ecosystem, recorded an all-time high in transactions, that figure has now plunged by nearly 65%. According to data tracked by monitoring resource Shibarium Scan, total transactions hit 43,690 on November 24th, up markedly from 29,280 the prior
November 28, 2023 2 mins read
Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto
November 28, 2023 2 mins read
The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market
November 27, 2023 2 mins read
Over $120 million worth of Solana’s SOL token changed hands across three hefty transactions executed by anonymous whale accounts over the past 24 hours. Cryptocurrency transaction tracker Whale Alert picked up the on-chain activity, which arrived as the blockchain’s native crypto asset trades down from its recent record highs. The
November 27, 2023 2 mins read
Cardano creator Charles Hoskinson praised his blockchain network’s commitment to peer-reviewed academic research as the total papers in Input Output Global’s (IOG) library approaches 200. He contends that this rigorous, scientific method distinguishes Cardano as uniquely positioned to solve complex challenges. “Cardano’s Library Nears 200 Papers as Founder Charles Hoskinson
November 26, 2023 1 min read
Heading into the final month of 2023, the popular Shiba Inu-themed cryptocurrency SHIB faces another possible bout of extreme volatility if past trends around Christmas prove accurate again this year. Analysis by data firm CryptoRank reveals the token has seen double-digit percentage selloffs in December since its launch. “Shiba Inu
November 26, 2023 2 mins read
The original meme-inspired cryptocurrency Dogecoin (DOGE) is exhibiting a flurry of activity not seen in years, prompting speculation of an impending price rally. Over the past month, 121 new Dogecoin wallets have emerged, containing at least 1 million DOGE each, marking substantial interest from “whale” investors. Additionally, high-value wallets that
November 23, 2023 2 mins read
In what may signal a resurgence of high Bitcoin transaction fees, an anonymous whale just spent 83.65 BTC (over $3.14 million) in miner fees to facilitate a single BTC transaction. According to the crypto analytics platform BitinfoCharts, the exorbitant charge occurred with the transfer of 55.76998378 BTC from the sender’s
November 23, 2023 1 min read
News of a confidential SEC meeting this week covering enforcement proceedings and litigation actions has revived settlement speculation within the Ripple community. The undisclosed November 30th agenda comes amidst key phases in Ripple’s ongoing legal battle with the regulatory body over XRP’s status. While no parties are named, the slated
November 22, 2023 2 mins read
The price of meme-favorite crypto Dogecoin fell over 2% on Wednesday, even as network activity reignited and technical signals flashed bullish. Blockchain trackers spotted a landmark “golden cross” chart pattern for the first time in a year, along with growing wallet use. However, DOGE has yet to respond positively as
November 22, 2023 1 min read