Ripple updated its EVM sidechain development with access to the Testnet. XRP’s network growth declined, but developers remained significantly active. On 14 March, RippleX, the open platform of the Ripple [XRP] network, confirmed that its sidechain was available on its Testnet. Built on the XRP Ledger [XRPL], the Ethereum Virtual Machine [EVM] sidechain would enableContinue reading “XRP reacts in this manner as RippleX validates EVM Testnet”

Whales added 400,000 ETH despite a recent price increment More ETH is being circulated although the current vault could be overpriced Like a ton of assets in the crypto-market, Ethereum’s [ETH] price jumped over the weekend. Even at press time, the second-largest cryptocurrency in market value maintained a 5.11% hike in the last 24 hours.Continue reading “Ethereum whales accumulate $600M in ETH; Is the green still an anomaly?”

The price of OP jumped 22% and was followed by a number-one spot in social interaction. Traders opened multiple long positions despite mild circulation. According to Lunar Crush, Optimism [OP] ranked as the highest asset with the most social activity as the market shoved itself into bullish dominion. The native token of the layer twoContinue reading “OP bulls step up dominance as Optimism social activity rises”

Binance altered storing the industry recovery fund as stablecoins and moved it to BNB, ETH, and BTC. The crypto community believes that the decision could set off buying pressure. Binance CEO Changpeng Zhao announced on 13 March that the exchange would stop keeping the rest of the $1 billion recovery fund in stablecoin. CZ, asContinue reading “BNB gets Binance’s nod for safety amid ‘unstablecoins’ frenzy- Here’s how”

The Uniswap revenue increased by 63% as users considered trading USDC pairs on the DEX. While the TVL also climbed, UNI holders resisted accumulating.  Panic spread across the crypto ecosystem as Circle [USDC] opened up about its exposure to the Silicon Valley Bank (SVB) contagion. And as expected, the market experienced a brief downside. ButContinue reading “How Uniswap’s WoW revenue jumped amid USDC-TradFi FUD”

The Silvergate Bank situation directly affected EOS’ founding company. Price action showed that the token short-term projection could be far from respite. The native token of the EOS Network [EOS] suffered a great loss in value following the crypto market tumble. Many altcoins experienced the same fate. However, for EOS, the case was not justContinue reading “Assessing EOS agony as Silvergate shutdown leads Block.One to count losses”

The L2 protocol becomes the second sidechain to be integrated with Convex Finance The development would allow blockchain interplay as CVX investors shun HODLing In the last quarter of 2022, Convex Finance [CVX] committed to integrating several sidechains on its network. So, on 9 March, the liquidity provider announced that it had launched on PolygonContinue reading “Convex Finance expands sidechain trips; launches on Polygon”

Inscription mints via Bitcoin Ordinals reached a daily ATH. The BRC-20 experiment has been deployed but users may need to be careful with minting in mass numbers. Quite a number of people cast doubts over the long-term relevance of Bitcoin [BTC] Ordinals after it launched in January. The reason for this was because of theContinue reading “Bitcoin Ordinals may have proven naysayers wrong- Here’s why”

Cardano token continues to fail in its combat against a downswing. Long-term ADA holders are beginning to lose interest as the broader market becomes hostile. Cardano [ADA] found itself in familiar territory as strange occurrences filled the crypto market in the last six to twelve hours. Barely able to produce gains for investors for quiteContinue reading “Cardano: Everything you need to know about ADA’s recent tussle with bears”

As the ChatGPT buzz reduced, so did the AGIX value. Widespread sentiment towards AGIX hit extreme lows. Around the beginning of the year, Artificial Intelligence (AI) tokens like SingularityNET [AGIX] took a large part of the positive sentiment shown towards any cryptocurrency. It is a statement of fact that the rise of ChatGPT played aContinue reading “SingularityNET: Why a ChatGPT hype could be AGIX’s only backing”

Traders are preferring to take a long position in contrast to the sustained decline in BTC’s price Whales’ action could trigger a bull trend but short liquidations remain at a minimum Bitcoin [BTC] traders seem unperturbed about the king coin’s drop below $22,000. In fact, according to CryptoQuant’s evaluation of the market, traders in theContinue reading “Bitcoin: The why and how of traders wanting to long BTC”

Uniswap may have a solid competitor which has the backing of Lido Finance Although UNI active addresses are around the same zone, development activity is at its peak Uniswap’s [UNI] status as the top Automated Market Maker (AMM) could be at risk after a certain Maverick protocol announced a partnership with Lido Finance [LDO]. LikeContinue reading “Assessing if Uniswap can fight off the Lido heat in DEX supremacy tussle”