Uniswap native token, UNI, looks poised for additional upside after breaking out of key chart patterns, according to recent technical analysis by crypto trader Ali. In a tweet, Ali highlighted bullish formations on both Uniswap’s daily and 4-hour price charts that point to a target of around $6 for UNI.
November 7, 2023 1 min read
Cardano (ADA) has bucked the broader crypto market downturn over the last week, rallying 18%. At press time, ADA was trading at $0.3559, up 2.2% in the last 24 hours. Besides a drop to $0.288 on November 1, the asset has seen a sustained uptrend over the past month, recovering
November 6, 2023 1 min read
Chainlink (LINK) has surged past the $12.50 level this weekend to hit its highest price since April 2022. The decentralized Oracle network’s token has mounted a significant rally, reflecting improving sentiment. LINK now trades around $12.59, having gained 65% over the past 30 days, per CoinGecko data. The powerful move
November 6, 2023 1 min read
Chiliz, a leading blockchain provider for the sports industry, recently announced its SportFi ecosystem now consists of more than 25 partners spanning diverse categories. The goal is to blend sports and decentralized technologies to transform fan engagement and business models. With over 2 million users on its Socios.com platform, Chiliz
November 2, 2023 3 mins read
Solana has shaken off the impact of fallen crypto exchange FTX’s bankruptcy to surge to its highest price of the year so far. After hitting a low of $18.25 in September, SOL has climbed over 70% to now trade above $41. Solana suffered disproportionately from FTX’s implosion last November, partly
November 2, 2023 1 min read
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