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Solana Price Faces Brief Correction as FTX Sell-off Looms

Solana’s surge has been exceedingly spectacular, with the price rising to unprecedented levels. Despite the recent brief correction, Solana (SOL) has made quite an impact, with a price increase of 140% in the last 30 days. While wallets linked to the defunct FTX exchange continue to trade millions of dollars

November 14, 2023 2 mins read

Cardano (ADA) Faces Minor Correction Despite Bullish Momentum

The Cardano Foundation has made substantial progress in enhancing the Cardano blockchain experience for developers. Developers of Cardano apps will benefit from a new Java-based data provisioning tool that streamlines data retrieval and indexing. Known as “Ledger Sync,” this cutting-edge tool is one component of the Cardano Foundation’s drive to

November 13, 2023 2 mins read

Solana Maintains Strong Bullish Trend Despite Recent FTX Sell-off

As part of its bankruptcy procedures, the defunct crypto exchange FTX has been aggressively selling off some of its cryptocurrency holdings over the last several weeks. Lookonchain conducted an investigation of FTX transfers and found that more than half of all FTX transfers involved Solana (SOL). In preparation for a

November 8, 2023 2 mins read

Polygon Daily Transactions Skyrocket by 60% In Just 90 Days

Polygon, a prominent blockchain network, has been making waves with its recent network updates and the impressive performance of its native token, MATIC.  Polygon zkEVM which is a Zero-knowledge Ethereum Virtual Machine Beta hit a significant milestone with seven million transactions in a single day over the weekend. And just

November 7, 2023 2 mins read

Ethereum at a Three-Month High. Time to buy ETH?

In October, Ethereum, the second-largest cryptocurrency, experienced a bullish run that extended into November, breaking through the $1800 resistance and reaching a three-month high of $1873 just hours ago. This surge has been a game-changer for Ethereum, which was in a prolonged bearish phase before taking a bullish break in

November 2, 2023 2 mins read

Ripple CEO Criticizes Former U.S SEC Chairman Jay Clayton

When it comes to debates over corporate lawsuits and the US SEC’s role, Brad Garlinghouse, CEO of Ripple, has been vocal in his criticism of Jay Clayton, the previous chairman of the SEC. The CEO of Ripple recalls that Jay Clayton was the one who first filed the lawsuit that

October 28, 2023 2 mins read

Ethereum Developers Gear Up for Deneb-Cancun Upgrade

Developers on the Ethereum network are hard at work getting ready for the Deneb-Cancun upgrade, and they’ve hinted that Devnet #10 will soon be released. This will be the last devnet before the upgrade is deployed to a public Ethereum testnets like Goerli. According to the most recent Ethereum ACDE

October 21, 2023 2 mins read

Bitcoin (BTC) Price Striving Hard Post Brief Retracement

In a recent study, crypto market data analytics company CryptoQuant concluded that widespread interest in Bitcoin (BTC) is a positive sign for its value. Nonetheless, researchers have concluded that interest is low and that no fresh capital is being poured into the ecosystem, suggesting that the bull market’s top is

October 4, 2023 2 mins read

Ethereum Price Witnesses Sudden Spike; Crosses $1600 Resistance Level

The Merge update to Ethereum’s core protocol was a watershed point in the cryptocurrency’s history, marking a transition away from the inefficient proof-of-work (PoW) consensus mechanism in favor of the more energy-efficient proof-of-stake (PoS). Ethereum’s compliance with the strict criteria imposed by the Office of Foreign Assets Control (OFAC) has

September 27, 2023 2 mins read