Cardano (ADA) has experienced a notable increase in trading activity, with a surge of over 7% on Thursday, pushing its price to $0.53. This comes after a turbulent period of price action in January, where ADA saw significant fluctuations. Now, analysts and social media discussions are examining various factors that could shape ADA’s trajectory in
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and MIXI, a leading mobile game publisher based in Japan. This partnership aims to bring titles from MIXI’s popular Fight League franchise to the Ronin blockchain, further expanding the network’s reach and potential. With the growth of the gaming industry
Bitcoin (BTC) has recently reached a milestone, surpassing $46,000 for the first time since its spot ETFs debut trade on January 11. This is a significant development for the cryptocurrency, which has faced a challenging start to 2024. However, the recent surge in Bitcoin’s price suggests that things are turning around for the digital asset.
In its latest initiative, Binance is set to launch a staking campaign through its Launchpool feature. This campaign will offer up to 350 million PIXEL tokens as rewards, which will be distributed among participants in anticipation of the live launch of the Ronin gaming token later this month. PIXEL is the native token associated with
Prometheum, a New York-based “alternative” trading platform for crypto “securities,” has made a significant announcement regarding the launch of its custodial services specifically for Ethereum (ETH). This move has far-reaching implications for the legal status of Ethereum, the second-largest cryptocurrency by market capitalization. Unlike other articles paraphrasing the original piece, we will critically analyze the
The disappointing performance of the ETH price over the past year has not deterred the rise of Ethereum staking. In fact, liquid staking protocols like Lido Finance have witnessed a continuous surge in the amount of ETH being staked, contributing to a new all-time high in the total amount of supply being locked. Lido Finance
The cryptocurrency market has been buzzing with price predictions for Bitcoin and Cardano. Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, has shared his insights on the future prices of these digital assets. In this article, we will analyze Dunleavy’s predictions and delve into the reasons behind them. Tom Dunleavy believes that
In the past 24 hours, Bittensor token has experienced a significant drop of -17%. This sudden downfall has left TAO holders in a state of panic, raising questions about the future of the project. The recent price analysis of TAO aims to shed light on whether Bittensor is on the verge of crashing. Despite the
The recent surge in Ethereum’s price, breaking past the $2,400 barrier, has caught the attention of many investors and analysts. On-chain data reveals an interesting correlation between the price movement and the exchange netflow indicator. This metric tracks the net amount of Ethereum entering or exiting centralized exchanges, providing valuable insights into investor behavior. The
Cardano, a leading competitor to Ethereum, has been displaying intriguing market signals recently. With its price hovering around the support level of $0.50 and the presence of a falling wedge pattern, many traders are keeping a close eye on its performance. In this article, we will analyze the various trends and technical indicators of the