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Search Results for: TheNewsCrypto

Aave, Uniswap (UNI), and RCO Finance (RCOF) Compete for the Top Spot in Ethereum DEXes

The debate over the top DEX on Ethereum is intensifying as established leaders Aave (AAVE) and Uniswap (UNI) encounter issues while a new entrant called RCO Finance is already disrupting the market.  With innovative features and a lucrative public presale, RCO Finance aims to capture market share and establish itself

September 6, 2024 3 mins read

Solana Faced 20% Drawdown after Failing to Break $160: What’s Next For SOL?

Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism

September 6, 2024 2 mins read

Ethereum Underperforms Bitcoin by Whopping 44% Since The Merge

Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will

September 5, 2024 1 min read

Polygon’s MATIC to POL Migration Completed, But Price Remains Weak

Polygon’s recent migration from its native token MATIC to POL, completed on September 4, has failed to spark the positive market response typically associated with such upgrades. Instead, the network faces a series of challenges, including declining user activity and large holders offloading their tokens, which continue to exert downward

September 5, 2024 2 mins read

Cardano Analyst Predicts Potential 1,000% Rally for ADA Against Bitcoin

Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action against Bitcoin, drawing striking parallels to a similar pattern observed in 2020. This technical formation has sparked speculation about a possible massive rally for ADA, reminiscent of its

September 5, 2024 2 mins read

Travala.com Integrates with Skyscanner, Expanding Crypto-Powered Travel Options

Travala.com, a crypto-native travel platform, has announced an integration with the major global travel marketplace Skyscanner. The whole inventory of 2,200,000+ hotels from Travala.com, all of which can be booked using more than 100 cryptocurrencies, is now fully discoverable on Skyscanner’s platforms. As the first cryptocurrency-native platform to be linked with Skyscanner,

September 5, 2024 2 mins read

E-PAL Introduces Mass Adoption-Focused Web3 Experience Infrastructure BALANCE, Raising a Total of $30 Million From a16z, Galaxy, and Others

The funding will accelerate the launch and expansion of Balance, a groundbreaking Web3 infrastructure designed to enhance user experience and drive mass adoption. E-PAL, the world’s leading gaming and social companion platform, has officially unveiled Balance, its new AI-powered blockchain experience platform, following two successful funding rounds led by Andreessen

September 5, 2024 3 mins read

Dogwifhat (WIF) Declines Amidst the Market Downtrend

Dogwifhat (WIF), a relatively new entrant in the cryptocurrency landscape, has recently been the subject of intense market scrutiny. As of the latest data, WIF has demonstrated notable volatility, with its price experiencing significant fluctuations. According to CMC, Dogwifhat (WIF) is trading at $1.59 with a 1.97% decrease and a

September 5, 2024 2 mins read

Nigeria’s Interest Rates Under Pressure After Fuel Price Surge

The recent hike in the petroleum price by 45% might continue to put pressure on the Central Bank of Nigeria to pause the interest rate hike meeting scheduled this month.   The central bank has raised its interest rate by 15.25 percent since 2022, taking it to a record of 26.75%

September 5, 2024 2 mins read

Mastercard Launches Euro Crypto Debit Card with Mercuryo

Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card.  This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give

September 5, 2024 2 mins read