Wed, January 21

More Than 3.46 Million Ethereum Burned Post London Hard Fork

It’s been almost two years since the London hard fork, which saw the deployment of EIP 1559. As a result of this major update, the base fee component of a transaction fee on the Ethereum network is being consumed constantly, 24 hours a day. Statistics show that after the London

July 17, 2023 1 min read

TerraUSD Classic (USTC) Witnesses 20% Surge in Price

The algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, TerraUSD Classic (USTC), is on a meteoric rise today, demonstrating a tremendous upsurge of interest in the stablecoin. CMC reports a 24-hour increase in value of 20.18% for the stablecoin TerraUSD Classic, which now stands at $0.01803. The overnight purchasing momentum

July 16, 2023 2 mins read

Litecoin (LTC) Makes Waves: Historic Milestone Reached Amidst Halving Event Hype

A significant milestone has been achieved by Litecoin as it processes its 170 millionth transaction on its network. The announcement on Twitter highlights the continuous growth of LTC, with an addition of over 10 million transactions in the past seven weeks. This achievement holds significance as the network has maintained

July 16, 2023 1 min read

Dogecoin Price Struggling for a Trend Reversal; Awaiting Breakout

Since around the middle of February 2022, the price of the popular cryptocurrency DOGE/USDT has been consolidating within a narrow band of $0.1420 to $0.5140. There has been a lack of direction in the market, as seen by the protracted horizontal trend seen throughout this time. However, DOGE/USDT made a

July 15, 2023 4 mins read

Shiba Inu (SHIB) Team Unveils New Revamped Landing Page

Today, the official Shiba Inu (SHIB) memecoin Twitter account announced a major upgrade to the protocol’s homepage, and the crypto community went into a frenzy. The price of SHIB is up 2% and is now trading at $0.000008199 as per CMC. The team claims that the arrival of summer was

July 15, 2023 2 mins read

Aave DAO Successfully Launches GHO Stablecoin on Ethereum Mainnet

The popular Aave DAO platform has successfully launched its own decentralized stablecoin, GHO, on the Ethereum mainnet. Minting the stablecoin with a wide variety of collateral assets kept inside the Aave Protocol is part of its effort to improve user visibility. By including such an asset, Aave hopes to provide

July 15, 2023 2 mins read

XRP’s Bullish Momentum Takes a Brief Hit; Price Down 8%

The fifth biggest cryptocurrency, XRP, is down 8% in the last 24 hours and is now around $0.70. According to CMC statistics, the cryptocurrency is once again below Binance’s BNB. It currently sits at the 5th position on the top crypto by market cap list on CMC. This decline follows

July 15, 2023 2 mins read

Will Solana Recent Surge Propel SOL to Overtake Cardano (ADA)?

The so-called “Ethereum Killers” Solana (SOL) and Cardano (ADA), emerged as strong competitors in the global crypto market. Following the Ripple (XRP) victory against the U.S. SEC, both cryptocurrencies have gained significant momentum, with Solana experiencing a remarkable surge in market capitalization. Over the past month, Solana’s market cap has

July 15, 2023 2 mins read

Shiba Inu (SHIB) Bounces Back With 300% Rise in Transaction Volume

One of the most trending memecoins, Shiba Inu (SHIB) achieved a stabilized market value with a price surge over the last 24 hours. It is noted that the SHIB transactions have increased by 300% following the market growth as per data from CMC. The rapid surge in the overall crypto

July 14, 2023 1 min read
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