Cardano [ADA] has been building lately ahead of the Vasil hardfork. This has resulted in a significant increase on the ADA prices. Since 9 September, ADA went as high as 8.5% on the daily chart but the surge has since slowed down. At press time, ADA was up by 3.5% according to CoinMarketCap and wasContinue reading “Cardano [ADA] stands below XRP by market cap, but daily gains state otherwise”

The legal battle between the American regulators and Ripple has been quiet for a couple of days now. However, there has been an uptick in activity in the matter of late. The ever-reliable lawyer James K. Filan reports that the SEC has filed a latest motion. In this latest turn, the SEC is attempting toContinue reading “SEC v Ripple: Has the SEC’s latest filing put some life into this legal battle”

Terra Classic [LUNC] is seemingly rising from the ashes after its collapse earlier in May 2022. The token is forming one of the biggest comeback stories of the year. According to CoinGecko, LUNC has skyrocketed by 37,000% since forming a bottom after the Terra collapse. One of the key drivers of this meteoric rise isContinue reading “Terra Classic [LUNC]: Will new airdrop only add to LUNC’s 37,000% hike since May”

Solana has come into September on the back of sustained growth. One of the growth aspects has been observed in the Solana-based NFT collections. Magic Eden reported in a recent tweet that it has reached a total of 25 million SOL volumes. It also saw a 300k SOL volume in the past day as well.Continue reading “Solana NFT collections and everything latest you need to know”

Bitcoin [BTC] appears to be on the losing side of the crypto market as altcoins gain momentum. With the Merge and Vasil hardfork coming up, Ethereum [ETH] and Cardano [ADA] are increasingly getting into the spotlight. This leaves Bitcoin with a stern downward pressure as it tackles its way through September. Moreover, crypto analyst AliContinue reading “Bitcoin loses key dominance support in 4 years, but here’s the catch”

Ethereum [ETH] has been attracting interest from the majority of the crypto community lately. This is mostly due to the upcoming release of the Merge. However, the transition to Proof-of-Stake (PoS) has also led to intense questions surrounding ETH issuance. A recent analysis from Glassnode addressed this conundrum surrounding Ether issuance under two possible scenarios.Continue reading “Ethereum [ETH] issuance concerns addressed ahead of the Merge”

Polygon [MATIC] maximalists have been having a good time after a range of new developments took place recently on the network. Crypto reporter Lark Davis confirmed that MATIC surpassed two billion lifetime transactions. This is a major announcement for Polygon which has been one of the top-performing scaling solutions for Ethereum [ETH]. But that isContinue reading “How Polygon-based transactions are beginning to compete with Ethereum”

In a recent announcement, Binance stated that existing USDC, USDP and TUSD balances in user accounts will be delisted on 29 September. These balances on user accounts will be then automatically converted to BUSD. Additionally, Binance will end the trading pairs of these stablecoins against BUSD and USDT as well as major cryptocurrencies such asContinue reading “Binance delists major stablecoins in favor of BUSD but here’s the catch”

Ethereum [ETH] L2s are experiencing a resurgence after overcoming June’s bottoms. Arbitrum is heading this charge after accomplishing its latest milestone. Daily transactions on the Arbitrum network have hit an all-time high recently after the launch of the Nitro upgrade in September. According to the latest data, transactions reached just under 350,000 on 5 SeptemberContinue reading “Arbitrum’s latest milestone has a lot to do with this upgrade”

NEAR Protocol is introducing the first Protocol Working Group meeting to discuss the latest enhancement proposals for the network. This group will contribute to the future of NEAR and will be active in developments. Despite the launch of a new development-oriented group, NEAR has still had a good performance in the past week. According toContinue reading “NEAR Protocol reveals new updates but will that change its course”

NFT market is well and truly in turmoil right now. It is in the midst of the worst trading volumes in over a year. Blue Chip NFTs including Bored Ape Yacht Club (BAYC) and CryptoPunks are all showing signs of weak demand. According to the latest data, the weekly trends among these top collections areContinue reading “BAYC, CryptoPunks, MAYC- A status check of NFT markets”

Synthetix is at the cusp of a breakout after the release of new announcements on the network. The network is rolling out a proposal to cap SNX’s maximum supply at a “very memorable” 300 million. Interestingly, this comes after two failed attempts to increase the percentage of staked SNX according to the analytic platform Messari.Continue reading “Where will Synthetix [SNX] end up after the latest SIP-276 proposal”