Despite largely flat price action over the past week, Polygon has seen a notable uptick in large transactions on its blockchain network. According to crypto analytics platform IntoTheBlock, so-called “whale” transactions on Polygon exceeded $100,000 in value and increased by 49.44% over the last seven days. The number of these
August 22, 2023 2 mins read
XRP saw some recovery over the weekend after dropping to lows below $0.44 on August 17th. The altcoin closed back in the green on multiple days, prompting analysis firm Santiment to note XRP’s rebound along with other altcoins following last week’s broad crypto sell-off. Santiment suggested the bounce could continue
August 21, 2023 1 min read
The Shibarium testnet, Puppynet, continues setting records for usage and transactions even as work progresses on the mainnet launch. Puppynet recently exceeded 32 million total transactions after activity resumed following a brief pause before the Shibarium mainnet rollout at the recent Toronto blockchain conference. Transaction levels quickly climbed back up
August 21, 2023 1 min read
Recent data from blockchain analytics firm IntoTheBlock reveals that two altcoins, Litecoin (LTC) and Dogecoin (DOGE), have seen notable increases in on-chain activity, even as major cryptos like Bitcoin stagnate. Specifically, Litecoin boasted 231,270 daily active addresses, while Dogecoin saw 46,080, according to IntoTheBlock’s metrics. The firm highlighted these unexpected
August 20, 2023 1 min read
Prominent Dogecoin developer Mishaboar has suggested he may step away from the project if it transitions to a proof-of-stake (PoS) consensus mechanism. Mishaboar, who has contributed extensively to Dogecoin over the past two years, aired concerns about adopting PoS in response to a question about staking the meme-inspired cryptocurrency. He
August 20, 2023 1 min read
Charles Hoskinson, founder of blockchain platform Cardano, recently engaged with an online detractor who criticized the network’s development roadmap. In a series of posts, Hoskinson defended Cardano’s ongoing work on key upgrades like Hydra and Mithril. The interaction occurred on social media platform X, where a user made several predictions
August 17, 2023 1 min read
Binance, the largest global cryptocurrency exchange, recently announced it will delist two popular trading pairs involving Litecoin (LTC) and Dogecoin (DOGE) starting August 24th. The pairs in question are LTC/BUSD and DOGE/BUSD perpetual futures contracts. These derivatives allow traders to speculate on the future price of Litecoin and Dogecoin against
August 17, 2023 2 mins read
The Shiba Inu community has been buzzing with excitement over the launch of Shibarium, a promising blockchain platform that aims to bring about positive changes in the crypto space. However, the official marketing expert of the Shiba Inu team and renowned SHIB influencer, @LucieSHIB, has raised a cautionary flag, shedding
August 16, 2023 2 mins read
Dogecoin (DOGE), has recently captured attention due to a notable lack of enthusiasm among buyers. The prominent meme coin currently sits at a trading price of $0.07004, experiencing a retracement of 5.86% in the past 24 hours. The metrics surrounding Dogecoin tell a story of market indifference, especially when compared
August 16, 2023 1 min read
The recent rise of Shiba Inu (SHIB) has certainly caught the attention of investors and enthusiasts. While Shiba Inu’s impressive performance has been the talk of the town, crypto analyst Ali suggests that this might have significant implications for another popular dog-themed cryptocurrency – Dogecoin (DOGE). The numbers speak for
August 10, 2023 2 mins read