Legal counsel suggested that the Ripple case with the SEC could end in trial. XRP could breakout as whales moved large amounts of tokens. The unending Ripple [XRP] tussle with the SEC might end in another legal proceeding, according to Scott Chamberlain. The blockchain lawyer and founder of Evernode XRPL, stood this ground while respondingContinue reading “Ripple: Whales move >100M XRP as attorney predicts another SEC trial”

Polygon integration may positively impact Compound Finance’s TVL, despite some limitations COMP holders have reduced a significant portion of their asset holdings DeFi lending protocol Compound Finance is in the news after it announced finally deploying its third version to Polygon. Contextually, Compound III is a streamlined version of the main Compound protocol. Here, theContinue reading “Assessing the far-reaching effects of Compound III’s deployment on Polygon”

Bitcoin’s social dominance has hit its highest point since September 2022 Longs were unable to avoid liquidations as losses continue to pour in Bitcoin’s [BTC] price drop since the new month began might have been demoralising for investors. However, the king coin continues to exert supreme dominance in the market. This claim is because theContinue reading “Bitcoin [BTC]: What its social dominance stats tell us about its ‘king coin’ label”

Blur surpassed its overall February market share in only the first seven days of March CryptoPunks traders preferred the platform despite Ethereum NFTs’ volume downturn The Blur NFT marketplace may have launched in October 2022 but its track record since proves that the platform cares less about longevity. Also functioning as an aggregator, the marketplaceContinue reading “Blur grabs Ethereum NFTs’ biggest share, but that’s not the entire story”

zkEVM advancement could trigger an improvement in acceptance in 2023 Despite the potential, the TVL of  ZK rollups could hold Ethereum back For most of 2022, several Ethereum [ETH] scaling solutions rose to the occasion to help out the blockchain’s lagging transaction speed. This happened without compromising its security and decentralization. And yet, it wasContinue reading “Where does Ethereum stand as far as zkEVM adoption is concerned”

The Filecoin Virtual Machine launch has the potential to drive another storage increase Users are not particularly elated about the upgrade  Filecoin [FIL], the decentralized storage system, registered a hike in revenue due to the participation of storage providers and users over the past year. The active involvement of these stakeholders implied that demand andContinue reading “Can Filecoin [FIL] keep up the pace as the FVM Mainnet draws near”

The Arbitrum TVL has outrightly outperformed others in the last month. Whales accumulated some tokens under the chain showing buying opportunities. Layer-two protocol (L2) Arbitrum has been one of the eye-catching revelations of the crypto ecosystem despite the turbulence that hit the market in 2022. While it may have gained the attention of many investors,Continue reading “Arbitrum: Here’s why bulls may have their eyes fixed on the L2 ecosystem”

ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. The ex-crypto investment headContinue reading “Ethereum [ETH] could be set for another round of explosion, only if…”

Djed became Cardano’s fourth-biggest project.  The development team was working towards an increase in adoption with the option to borrow and use the stablecoin as collateral. Cardano’s [ADA] stablecoin Djed which launched on 31 January, has surpassed many projects in the ecosystem to become the fourth largest. Created by the blockchain’s development group Input OutputContinue reading “Cardano’s [ADA] Stablecoin Djed took advantage of the gap left by…”

Maker’s recent exceptional hike was not sufficient to provide its long-term holders with significant gains. Technical indicators suggested an uptick in sustenance for the token. MakerDAO [MKR] may have had one of its best-performing months in February, but that 40% 30-day surge only had a minimal impact on the token’s long-term holders. During the previousContinue reading “MakerDAO had a solid February, but can MKR continue its hike in March”

DOGE holders have not felt the heat of market dumps compared to other projects.  While Shiba Inu has continued to improve its ecosystem, DOGE led in market cap and active addresses.  Over the years, Dogecoin [DOGE] and Shiba Inu [SHIB] have remained kings of the memes with no other solid competitor. However, both do notContinue reading “Why Dogecoin holders may care less about the Shiba Inu [SHIB] expansion”

Ongoing voting showed that the Lido community would most likely support the Ethereum Shanghai Upgrade. The protocol’s TVL growth has evidently surpassed others. The call by Lido Finance [LDO] on its community to approve withdrawals on its Staking Router might have yielded the much-needed fruits. According to the snapshot of voting, 100% of the liquid-stakingContinue reading “Why Lido Finance’s support of Ethereum upgrade is important?”