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Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
Ripple’s XRP finds itself navigating turbulent waters following the Securities and Exchange Commission’s (SEC) appeal against a federal ruling that had previously classified XRP tokens as non-security assets. This legal development has dealt a major blow to the cryptocurrency, effectively erasing its gains from the previous month and resetting the
Binance Coin (BNB) finds itself navigating turbulent waters as its price experiences an 8% decline over the past seven days. This downturn, occurring despite the recent hype surrounding Binance founder Changpeng Zhao’s release, has sparked concerns among investors and traders alike. Technical indicators paint a grim picture, suggesting that the
Dogecoin (DOGE) is witnessing turbulent market conditions, despite a 5.48% price surge to $0.1086 today. This comes after the coin hit a 14-day low of $0.10108 yesterday. Over the past week, DOGE has declined by 12%, with market bears exerting pressure. Notably, trading volume fell by 9%, signaling a potential
October is referred to as the “uptober” month, known for the upward momentum of the cryptocurrency market. Despite that, Bitcoin is suffering to regain its price. The largest cryptocurrency is currently trading above the $61K mark; a brief recovery has been made over the past 24 hours. On the other
The expected impetus of ‘Uptober’ has not yet materialized, despite investors’ clinging expectations for a positive surge going into 2025. After a short upswing in September, investors’ hopes were dashed as Bitcoin’s value plummeted to $60,000, causing altcoins to follow suit and leading to widespread market losses. Cryptocurrency prices have
Uptober’s failure to initiate the bull run yet, has caused a feeling of unrest in the crypto community. Significant cryptocurrencies have incurred major dips in the last 2 days, this has put investors in a tough spot. The decision to sell or buy the dip has been looming within the
An XRP Spot ETF has been proposed by Bitwise Asset Management, a cryptocurrency fund manager based in the United States. This is seen by Ripple advocates as a major step forward. The SEC has accused Ripple of generating $1.3 billion via unregistered XRP transactions. And the firm has been involved
Bitcoin’s highly anticipated ‘Uptober’ began on a bearish note, as the cryptocurrency dropped to a two-week low of $60,164. The global crypto market cap also saw a significant dip, standing at $2.15 trillion—a 4.66% decrease in just 24 hours. This came alongside a surge in trading volume, up by 52.59%
As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone
