As of right now, Sui Network is commemorating the one-year anniversary of its mainnet debut. After starting off as an isolated ecosystem, the Sui Network has grown into a powerful Layer-1 decentralized platform in under a year. To further its artificial intelligence and web3 projects, Sui Network teamed up with
The U.S Securities and Exchange Commission’s (SEC) judgment on Ethereum ETFs is imminent, and professionals in the field are becoming more skeptical. Crypto analyst Michaël van de Poppe has voiced his skepticism on the May approval of Ethereum Spot ETFs, taking the lead in the discussion. Michael Saylor, CEO of
Cardano (ADA), the tenth-largest cryptocurrency by market cap, continues to trade in the bearish zone — down by 22% over the past 30 days. On the 4-hour chart, the RSI (relative strength index) hovers close to the neutral zone, indicated by its reading of 55.4. Meanwhile, the MACD (moving average
In a notable downturn, the cryptocurrency market experienced a significant dip, with Bitcoin, the leader of the pack, plunging below the $60,000 mark, hitting a two-month low of $56,465. This downward trend was mirrored by many altcoins, painting the market red. However, amidst the sea of losses, Solana and certain
A strong Bitcoin advocate, Michael Saylor, executive chairman of MicroStrategy, has said that Ethereum is a security rather than a commodity. At the MicroStrategy World 2024 conference on Thursday, May 2, he made some remarks on ETH. Michael Saylor did not stop at criticizing Ethereum and labeling it a security;
TON (The Open Network), the Telegram-linked L1 ecosystem, registers an impressive growth of 1182% in TVL (total value locked) over Q1 2024 — from $13.79 million in January to $176.87 million till date. The ecosystem also recorded remarkable spikes in various metrics in recent months. The initiation of The Open
The altcoin segment has banked ~$1 trillion in Market Cap. It houses a trading volume of over $71 billion at the time of articulating this piece. There are almost 37,623 altcoins in the market, making it difficult to choose the one that best fits current conditions. Therefore, a short list
The cryptocurrency sector finds a glimmer of optimism as Solana’s native token, SOL, shines with a 10% surge over the past 24 hours. Amid Bitcoin‘s slump to a two-month low of $56,592, Solana’s remarkable resilience stands out, showcasing a recovery from $121.50 to $135.11. Despite facing a challenging month with
In the first quarter of 2024, the crypto sphere found itself navigating turbulent waters, with Bitcoin’s highly anticipated halving event failing to produce the expected bullish momentum. The onset of may brought with it a continuation of this bearish sentiment, as Bitcoin plummeted to a two-month low of $56,486, marking
The USDT stablecoin’s issuer, Tether, has released its Q1 attestation report for 2024. As of March 31, 2024, the most recent attestation extends beyond the reserves supporting Tether stablecoins. In addition, it summarizes the financial strength of the whole Tether Group. The first quarter of 2024 was a watershed moment
