Analytics provider Santiment has flagged Cardano as an altcoin primed to potentially decouple from broader crypto market trends. Alongside AAVE and CRV, Santiment suggests Cardano could benefit from volatile short-term windows, ideal for savvy traders. But conflicting indicators currently signal both opportunities and risks for ADA. At the time of
October 3, 2023 2 mins read
Despite recent legal victories, on-chain data suggests the perceived resurgence of XRP may be overhyped. Liquidation figures and lackluster price action indicate the disputed cryptocurrency has yet to see the hype translate into renewed bullish momentum. According to CoinGlass, around $1.35 million worth of XRP positions have been liquidated amid
October 3, 2023 1 min read
A new collaboration aims to strengthen stablecoin adoption and development on the Cardano blockchain. Cardano Spot, a leading web3 media network, has partnered with Minswap Labs to educate users on the expanding stablecoin ecosystem. Cardano Spot provides trusted insights into Cardano-native projects like Minswap, the leading decentralized finance (DeFi) protocol
September 28, 2023 2 mins read
Shiba Inu is gearing up for its biggest month, if past performance proves predictive. The prominent meme coin has a knack for explosive growth in October, defying typical market trends. With the arrival of “Uptober,” SHIB holders hope the token repeats or even exceeds its astronomical 833% surge last year.
September 28, 2023 2 mins read
A massive options liquidation plunge on Ethereum is sending shockwaves across cryptocurrency markets, pulling down the prices of major alternative coins. Over $16 million worth of Ether options positions flooded out in under 24 hours, signaling bears cementing control. The ripple effects of intense selling pressure on Ethereum underscore its
September 28, 2023 1 min read
In an unexpected development, the meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a dramatic rise in large “whale” transactions in recent weeks. On September 22nd, the total volume of trades above $100,000 hit $38 million, matching an identical spike on September 11th. The number of these large transactions also surpassed
September 27, 2023 1 min read
Shiba Inu, the dog-themed digital coin, is making waves with a historic milestone. The total number of Shiba Inu addresses has just soared to an unprecedented 3.6 million. This surge comes despite recent price dips, highlighting the resilient appeal of this canine-inspired token. According to data from IntoTheBlock, Shiba Inu
September 26, 2023 2 mins read
In an unusual event, a Binance wallet spent a massive $859,000 in Ethereum gas fees within an hour while consolidating funds, per crypto data firm Kaiko. On September 21st, a Binance-owned wallet rapidly became the top gas spender on Ethereum as it shifted ETH balances internally. From 9:30 AM to
September 26, 2023 2 mins read
Veteran Cardano developer Dave Beaumont has launched a proof-of-concept for hosting static websites entirely on the blockchain. His test demonstrates an intriguing new use case for the leading smart contract platform. On September 6th, Beaumont revealed the first-ever website hosted fully on the blockchain in collaboration with the decentralized storage
September 7, 2023 2 mins read
A key member of the Shiba Inu developer team is encouraging the community to start building on the recently launched Shibarium layer-2 blockchain. Shiba Inu’s lead community manager and marketing expert, known on Twitter as @LucieSHIB, posted that with Shibarium now live, third-party developers and companies waiting to create on
September 7, 2023 1 min read