Emerging reports show that Justin Sun could be ready to sell the Huobi exchange. TRX remains unaffected by the development, but HT might face severe withdrawals. As per a new Bloomberg report, Tron [TRX] founder Justin Sun could be on the verge of selling his stake at Huobi Global, the Singapore-headquartered exchange. Sun, who onlyContinue reading “TRX, HT could struggle if Justin Sun’s rumored sale goes through, here’s why”

Stellar Lumens’ token price increased by 22% in one week. Longs persisted in holding their positions, although XLM faced sell pressure. At a time when the market mostly traded sideways, Stellar Lumens [XLM] gained over 25% in the last seven days. Following the consistent hike in price, the volume of the native digital currency ofContinue reading “Evaluating where XLM stands after a ‘Stellar’ week at work”

The Ethereum blockchain would expand to a three-layer client. Latency and data efficiency remained a problem. Ethereum [ETH], plagued by transaction delays and network congestion a few years back, has been on top of solving these challenges, thanks to the plethora of scaling solutions. The last of these is the zero-knowledge integration with the EthereumContinue reading “Ethereum’s L1 would have no problem interacting with zkEVMs, Vitalik clarifies”

Korean exchange Upbit could be the second-largest ARB holder per accumulation speculation ARB’s value has decreased by 6% in the last seven days A part of Arbitrum’s [ARB] 2023 roadmap was the objective for its token to become available to the public. In grand style, it was done on 16 March as users of theContinue reading “Between Arbitrum’s [ARB] surging demand and whirlwind drop-off”

Ethereum surpassed Cardano and Polkadot in developers’ count.  Traders are taking ETH positions before the Shapella update. Ahead of the 12 April completion of the Shanghai upgrade, Ethereum [ETH] has taken the mantle as the blockchain with the most active developers in the Layer one (L1) and Layer Two (L2) ecosystems. Recall that projects likeContinue reading “Ethereum outshines DOT and ADA in developers’ count, thanks to…”

Bitcoin’s current trend is similar to 2019 where it progressed to highs but eventually reverted to a yearly bottom. Search and discussion around BTC continue to increase.  The Bitcoin [BTC] price floated for most of the week but the trend was not without attempts to break the $30,000 barrier of yield to correction. On aContinue reading “Bitcoin’s underwater potential, market frenzy, and journey to the past”

The Hedera Hashgraph team spoke to the U.S. delegation about the blockchain ecosystem. Clampdown on the ecosystem remains constant but the HBAR’s price increased. Hedera [HBAR], the decentralized enterprise-grade public network got an opportunity to discuss the idea behind its project at a U.S. Department of state meeting. The event, which covered private sector discussions,Continue reading “Assessing if Hedera’s U.S. presentation can wind down crypto regulatory heat”

The ALGO price increased as it helped the market cap to exceed $1.6 billion. The project’s foundation took steps toward mounting a notable presence in India.   The market capitalization of Algorand [ALGO] surpassed $1.6 billion on 29 March, following an increase in cryptocurrency’s value. The move which drew the self-sustaining blockchain project close to reclaimingContinue reading “Algorand inches closer to $2B market cap recoup, details inside”

The AVAX bullish sentiment has decreased after an impressive all-round performance in March. The Avalanche blockchain experienced a great deal of NFT volume and stablecoin supply. Having dominated other cryptocurrencies in the market, price, and social activity, Avalanche [AVAX] was one of the best performers in March. But this outmatch did not only begin inContinue reading “Avalanche may have had a solid Q1, but what promise does April hold”

Participants in the derivatives market remain long on ADA. The token price decreased as the short-term outlook calls for consolidation. As Cardano [ADA] looks to end its overall monthly performance on a positive note, traders remain enthusiastic about the token. Well, the reason for this perception is not one that needs a lot of convincing.Continue reading “Cardano: Here’s how traders are ‘dealing’ with ADA after a bear trap”

Daily transactions on Shibarium hit the highest numbers since the launch. SHIB, BONE, and LEASH experienced slight price growth.  The emergence of the Shibarium may have brought Shiba Inu [SHIB] much-needed respite weeks before the official launch. However, the meme community, which anticipated the launch of the Beta version, was left disappointed as all theContinue reading “SHIB, BONE, and LEASH have this connection to Shibarium’s transaction hike”

XRP’s month-long uptrend may continue as indicators showed no signs of slowing down. Profit-taking was close to a two-year high, but the current market condition calls for wariness. Following an excellent monthly performance that distinguished it from the rest of the crypto market, Ripple [XRP] could be faced with an imminent correction. Needless to say,Continue reading “XRP exudes confidence before SEC verdict as March gains cross…”