ARB CEX transactions have been an eyesore as users preferred DEXs. The initial hype around the token was nowhere near its earlier crest. Users of Arbitrum [ARB], the native token of the burgeoning layer 2 scaling solution, have been caught between distress and glee since the protocol’s reward distribution. While many have praised the protocol’sContinue reading “Arbitrum [ARB]: Dismay, hope, and the scarcity of interaction”

MATIC’s strength reflected how the cryptocurrency defied the odds during the 2022 crypto winter.  More holders have gained than they have lost in the last six months. In 2022, the cryptocurrency market experienced an insane amount of volatility. But one asset that held its own during the series of capitulations was Polygon [MATIC]. Crypto investorContinue reading “What Polygon’s [MATIC] resilience to the last market turmoil suggests, as per…”

Embattled payment token XRP had the most inflow out of all the altcoins. ETH’s neglect continued and BTC fell as well. As one of the top digital currencies in the market, Ripple’s [XRP] recent surge in popularity and performance has caught the attention of investors and traders alike, based on the CoinShares’ 3 April report.Continue reading “XRP beats BTC, ETH in weekly inflows: Will the token’s bullish trajectory continue”

Uniswap’s liquidity pool suffered an attack amounting to a $25 million loss. Investigation showed that a validator could be involved. Uniswap [UNI] has become the latest casualty of exploits in the cryptocurrency industry. The attack was on the protocol’s Liquidity Pool (LP) and ended in the perpetrators carting away $25.2 million. A smart contract developer,Continue reading “Unsiwap [UNI] rocked by sandwich attack, $25M stolen: Investigations show…”

Stacks’ social metrics increased, triggering a price hike. Buyers and sellers are in a heated bit for control. As a new week begins, assets that were deprived of attention in the last seven days have been getting noticed by investors. Stacks [STX], the Bitcoin [BTC] layer for smart contracts, was one such token, as revealedContinue reading “Stacks [STX] gains newfound attention from investors, but will its uptrend last”

Bitcoin mining sustainability reached a new ATH, thereby reducing gas emissions. Miners’ revenue remains at extremely low levels. One problem Bitcoin [BTC] miners have faced is the complaints about energy draining and untenable greenhouse gas emissions on the environment. But as of press time, the emission intensity reached a new All-Time Low (ATL), according toContinue reading “Bitcoin [BTC] emission intensity hits new all-time low- Here’s why”

BTC could defy predictions of a prolonged correction in Q2. Holders have the opportunity to add to their portfolios since the transition into the bull region is still early. That Bitcoin [BTC] was able to beat predictions of further decline into the new year was a testament to the coin’s willingness to change the marketContinue reading “Why Bitcoin [BTC] investors may need to consider bolstering the bag”

MATIC exchange supply increased as trading activities suggested sell pressure.  Addresses holding 10,000 to 100,000 MATIC held back on transacting. Over 20 million Polygon [MATIC] tokens were onboarded on exchanges in the last seven days. According to data from Santiment, the exchange supply, which experienced a notable downshift till 24 March, reversed in the oppositeContinue reading “Can Polygon [MATIC] overcome the bears as exchange supply hits…”

The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. But the balance in the crypto market has been nothing close to the AI hype of the same period. And the sole reason? ChatGPT! Yes, the natural language processing tool has accustomed itself to providing human-like conversations.Continue reading “I asked ChatGPT Ethereum’s [ETH] higher purpose, it said…”

The Binance LUNC burn reached a total of 30.5 billion. LUNC’s price remains neutral but its developers have stayed active. As part of its monthly routine, cryptocurrency exchange Binance burned another round of Terra Classic [LUNC] tokens, Terra Finder disclosed. The 1 April action saw the exchange, which committed to the LUNC community proposal lastContinue reading “Binance burns 1.6 billion LUNC, here’s how the token reacted”

OFAC-compliant blocks have reduced thanks to the rise in validator count. Ethereum’s development team seemed prepared for the upgrade and was preparing for its next phase. The number of Ethereum [ETH] validators from the beginning of 2023 to the end of the first quarter (Q1) rose by over 67,000. According to ETH 2.0 block explorerContinue reading “How Ethereum’s censorship resistance helped validator count jump in Q1”

Bitcoin’s organic demand has been increasing since spot trading outpaced perpetual trading activity. The U.S operation choke 2.0 could impact the April BTC performance. The crypto market, led by the quarter-reviving Bitcoin [BTC], had a march full of ups and downs in between cynical and optimistic views. Nevertheless, the king coin ended the month withContinue reading “Bitcoin: Assessing the good, bad, and ugly as BTC ‘Marches’ into April”