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Search Results for: Cryptocurrency

Solana Struggles with Surge in Failed Transactions Amid Memecoin Frenzy

According to data from Dune Analytics, Solana (SOL), one of the leading cryptocurrencies known for its high throughput, is facing a significant challenge as nearly three-quarters of its transactions have been failing since March 2024. On April 5 alone, over 77% of non-vote transactions on the Solana network failed, marking

April 5, 2024 2 mins read

Has the 2024 Bull Run Started? Top 3 Cryptos to Buy and HODL for Maximum Profits

The crypto markets are trending upwards in 2024, with Bitcoin currently trading around $65,000 with a total market capitalization surpassing $1.2 trillion. The global market cap hovers just above $2.6 trillion. Despite this remarkable growth, analysts warn that the ‘real’ bull run is yet to start and that we are

April 5, 2024 3 mins read

Bitcoin Reserves on Crypto Exchanges Hit Record Lows Ahead of Halving

Bitcoin reserves held by crypto exchanges have hit record lows, according to data from CryptoQuant that goes all the way back to the beginning of 2021. Over the previous month, leading cryptocurrency exchanges have seen withdrawals totaling over 90,700 bitcoin, according to statistics compiled by CryptoQuant. Investors are removing their

April 5, 2024 2 mins read

Top 10 Meme coins Face Bearish Reversal as Dogecoin and Shiba Inu Struggle

Following a positive conclusion to Q1 2024, the top 10 meme coins have encountered increased selling pressure since the beginning of the new quarter, signaling a strong bearish reversal in the cryptocurrency industry for the meme coin category. Dogecoin, the leader of meme coins, has marked a 10% correction over

April 5, 2024 2 mins read

Xoom Allows PayPal USD (PYUSD) Stablecoin for International Transfers

Users may now fund international Xoom transfers using PayPal USD (PYUSD), the company’s dedicated stablecoin linked to the U.S dollar. This is a new feature that Xoom, a PayPal cross-border money transfer service, has introduced. Xoom customers in the US will not be charged any transaction fees by PayPal when

April 5, 2024 2 mins read

Bitcoin layer-2 Social Network Eyes Mainnet Launch Alongside Interactive NFT Hunt

Environmental organizations have long criticized Bitcoin and its proof-of-work system for using too much energy. With the use of an Ethereum Virtual Machine (EVM) and a mobile treasure hunt based on NFT that coincides with the mainnet launch, the new Bitcoin layer-2 staking network Social Network seeks to alter this.

April 5, 2024 4 mins read
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