OKX bought and burned 5,183,976.43 OKB from the secondary market. OKB witnessed a massive price surge earlier, but the trend changed in the past week. OKX recently published a report highlighting the status of its buy-back and burn OKB program. This particular round was held between 1 December 2020 and 28 February 2023. Read OKB’s PriceContinue reading “OKX burns massive amount of OKB, but these concerns still remain”
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MATIC transaction surged considerably, and accumulation also increased. NFT space witnessed decline and market indicators were bearish. Polygon [MATIC] witnessed a massive surge in transactions as the metric crossed $40 million in value on 24 March. MATIC was the only top-10 crypto that registered these numbers. Apart from Polygon, Fetch [FET], and The Sandbox [SAND] registeredContinue reading “Polygon [MATIC] sees uptick in these metrics, what does the future hold”
After a short decline, BTC managed to reclaim the $28,000 status. Several market indicators and metrics looked bullish; BTC’s RSI was overbought. For a short period, Bitcoin [BTC] witnessed a decline in price, which pushed BTC’s value under $27,000 on 23 March. However, the king of all coins showed a speedy recovery and again managedContinue reading “Bitcoin [BTC] can witness a further price hike if these factors are checked”
Arbitrum released over 12% of its ARB supply through an AirDrop. Arbiturm continued to outperform its competitors, but ARB fell victim to a scam. Arbitrum [ARB] completed its latest AirDrop on 23 March, increasing the network’s newly launched token’s circulating supply. As per Delphi Digital’s Twitter thread, Arbitrum AirDropped over 12% of its supply, whichContinue reading “Arbitrum [ARB] AirDrop grabs attention: Decoding the token’s reaction”
FIP0056 is a proposal aiming to address some of the broader challenges facing the Filecoin network. At press time, Filecoin’s network performance seemed fine and FIL’s price action remained bullish. Filecoin [FIL] is about to make another major network upgrade if the proposal gets a ‘yes’ from the community. As per the announcement, Filecoin’s latestContinue reading “Filecoin can release its next major upgrade if this FIP gets approved “