Solana (SOL) has created a $100Million fund to support cryptocurrency projects in the country. The main sectors to benefit from the fund are DeFi, gaming, and Non-fungible tokens (NFTs). Also, the fund is to support some projects built on the Terra network after the terrible crash. The Terra Network crash caused a lot of pain…
According to a recent study, over 75% of US retailers hope to support stablecoin and crypto payment options within the next two years. Deloitte, a UK-head quartered consulting and financial advisory company conducted research on 2,000 chief officers of small-scale American companies and just recently published the results. The study occurred between December 3rd and…
Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing…
The crypto market trends to the downside as major assets are unable to break above local resistance. As per usual, the dominant trend picks winners and losers and unfortunately, the altcoin markets have been amongst the latter. Related Reading | As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market In particular,…
Cardano’s price has been growing in recent weeks while the rest of the cryptocurrency market has been falling. This trend has encouraged some in the crypto community to be optimistic about its future price and make it a bright light among digital coins and tokens. According to the most recent predictions made using CoinMarketCap’s Market…
Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it’s hated worldwide for its sky-high gas (transaction) fees. Users globally constantly complain about the coin’s terribly-high transaction prices on various social media platforms. Shockingly, Santiment, an on-chain and metrics platform, published on Twitter a report showing Ethereum’s transaction prices plummeting to their lowest.…
The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours. Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that fuels the Cosmos blockchain network, has been…
The extreme success of Moonbirds is the NFT story of the year so far. The collection opened up so strongly that it archived instant blue chip status and a place at the top of the charts. The market for NFTs is bearish at the moment, how did the pixeled owls accomplish such a feat? It…
Vitalik Buterin, the inventor of Ethereum, was one of the first users to sign up for the Subsocial’s Dotsama Domains. At least, someone registered the domain vitalik.web3 on the platform. Via their official Twitter handle, Subsocial welcomed Buterin as they celebrated a new milestone for the platform. Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another…
THORChain (RUNE) has seen an important rally in the past month. The native token of this decentralized cross-chain bridge rose from its 2022 low at around $3 with 30% intra-day rallies to its current levels. Related Reading | THORChain Activates Feature, 30% Spike Follows, Can Bulls Sustain It? At the time of writing, RUNE’s price trades…