Coinbase has a long way to go before it becomes the number one staking provider. When reporting its quarterly earnings in August, the firm revealed to shareholders its plans to prioritize the development of its staking products, which align with its long-term goal of becoming the top provider. When Coinbase user stakes their crypto, they…
As the cryptocurrency space shook off weekly gains, Sandbox defied the broad trend, surging 14.14% to touch a monthly peak. Nevertheless, the metaverse coin mimicked the market bias earlier, recording greens over the past seven days. Nevertheless, the previous 24 hours were better than SAND’s upside within the past week. As Sandbox didn’t show slowed…
BTC secured a massive closing beyond the short-term EMAs, printing a bullish bias. BTC’s exchange inflows highlighted downtrends. Bitcoin’s latest rally placed the leading cryptocurrency beyond its 20 Exponential Moving Average and the 50-EMA. That saw the BTC confirming a short-term buying superiority. Remember, the asset has recorded consistent gains since it flipped the longer-term…
Polkadot released its latest weekly digest, highlighting all significant developments that the ecosystem experienced within the previous week. The updates appeared attractive as they increased the network’s capabilities while ensuring more value to users. For example, it mentioned the latest Darwinia and Moonbeam integrations. The new update will enable RING cross-chain coin transactions & connected…
Shiba Inu saw its burn rate spiking significantly within the past day, gaining a staggering 1858%, contrary to recent trends. Shibburn data shows the upsurge pushed the total token destroyed in that timeframe to 45,165,582 $SHIB. That had the overall Shiba Inu burned since the first supply at 410.38 trillion. Not the Usual SHIB In…
Technical indicators flashed volatility around two-year lows. Can BTC crash the support at $19K in the upcoming weeks to have bulls reeling? USDT Dominance measures the crypto market capitalization in Tether. Meanwhile, the metric has soared since mid-August. That signals that market players preferred holding stablecoins over cryptos. Recent weeks saw Bitcoin maintaining the support…
The leading alt, Ethereum, slowly surrenders the $1,300 mark again. The token remains at massive downside risks if it fails to move above $1,400 for longer. However, can the ‘billionaire’ whales rescue the crypto from its continued red? Amass! Ethereum hovered around $1,300 during this publication, according to Coinmarketcap data. That came after the alternative…
Monday saw BTC gaining 2.96$ to close the session at around $19,632. United States economic indicators offered risky assets much-required support, with hawkish Fed bets easing due to ISM Manufacturing components data. The BTC Fear and Greed Index slumped to 20/100 from 24/100, regardless of Bitcoin’s bullish session. Monday’s session saw Bitcoin gaining 2.97% to…
The ETH Merge was the most awaited event in the crypto market as of September 15. Nevertheless, we could agree that the upgrade didn’t welcome positive sentiments for the leading alternative token. Data from crypto social analytic site LunarCrush showed that the hype that the Merge had before the implementation has Ethereum’s social activity rallying….
Optimism (OP), a layer2 scaling solution, is the latest to onboard OpenSea’s multiple blockchain integration. The NFT marketplace revealed about working with the OP team and other projects on its marketplace for a while. Optimism is the 6th blockchain to join the marketplace, following its latest Arbitrum support. Surprisingly, it could appear that the addition…
The most recognized meme coin, Dogecoin, joined the limelight recently, with the altcoin recording attractive surges within the past seven days. DOGE followed XRP (current leader), with its value soaring by 5% within 24 hours. While publishing this post, Dogecoin traded at $0.06606, reflecting a 9% price surge over the past seven days. Surprisingly, the…
In August 2022, after the start of the NFL regular season, NFL All Day platform got launched. So far, the platform has seen an interesting pattern in its sale data. The users seem to purchase a lot more NFTs on Sundays and Mondays. These are the weekdays when real-world NFL games get played. While the…
