Cardano’s On-Chain Activity Surpasses Ethereum’s As ETH Struggles to Recover
The attempt by Ethereum bulls to push the altcoin’s price past resistance at $2,839. Algorand is constructing a bridge to Ethereum, which could increase the amount of Ethereum transactions. If Ethereum price remains above its macro low of $2300, the altcoin may return to the area before reversing its trend. The bulls are unable to […]
Hundreds of billions lost as top Cryptocurrencies—Including BTC, ETH, SOL, ADA plummets
Hundreds of billions of dollars were wiped out of the cryptocurrency market on Tuesday, following an industry-wide crisis that saw the prices of key cryptocurrencies, such as BTC, ETH, ADA, and SOL, fell sharply from near-record highs this week. Over the previous 24 hours, most major tokens, including ethereum, XRP, cardano, solana, and dogecoin, have […]
Buyers pay $7 million for unseen NFT collection
NFT investors have paid $7 million for 50 tokens that grant ownership over digital artworks. From December 9 to December 13, Tyler Hobbs, the artist behind the popular NFT series Fidenza, will debut 100 one-of-a-kind digital artworks in his current collection Incomplete Control at the Bright Moments gallery in New York City. Hobbs’ followers paid 1,800 […]
Bitcoin, Ethereum, and XRP Price analysis for the 15th of October
Bitcoin continues to exert influence over the market; nevertheless, certain currencies have returned to the red zone of the trading range. BTC/USD Buyers were continuously trying to break through the major barrier of $58,000 yesterday, but they were unable to do so by evening and fail to reach the zone of the previously-predicted October high […]
BTC, ETH and other crypto price drops as China intensifies crypto crackdown
After the Chinese government reiterated its opposition to digital assets, the entire market capitalization of all cryptocurrencies in the industry decreased by over 5% today. The Chinese government stated that “recently, virtual currency trading hype activities have increased, upsetting economic and financial order and fostering unlawful and criminal activities such as gambling, illicit fundraising, fraud, […]