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Cardano (ADA) experienced a significant surge in network activity yesterday, with a whopping 204 billion ADA coins transacted. This massive spike in transaction volume highlights growing interest in the smart contract platform and could be tied to several factors.
Decentralized finance analytics platform DefiLlama appears to have resolved the internal conflict within its team that had earlier threatened a “forking” of the platform.
Potential trouble at DefiLlama was first revealed when developer 0xngmi claimed in a March 19 via twitter
Potential trouble at DefiLlama was first revealed when developer 0xngmi claimed in a March 19 via twitter
The cryptocurrency has increased by 35% since March 10, which was when regulators shut down Silicon Valley Bank.
BTC decentralize peg
The Bitcoin blockchain itself cannot support smart contracts and sophisticated apps, so to use BTC in a decentralized app, users must first move their BTC in and out of other Bitcoin layers that offer fully expressive smart contracts and decentralized applications. To do that, users go through a “peg,” in which:
A user deposits their Bitcoin (“pegs in”)—we’ll get back to where they deposit in a moment, that’s important.
A user receives a synthetic asset corresponding to the exact amount they d
A user deposits their Bitcoin (“pegs in”)—we’ll get back to where they deposit in a moment, that’s important.
A user receives a synthetic asset corresponding to the exact amount they d
UBS Agrees to Buy Credit Suisse for More Than $3 Billion.
Polygon supernet vs Avalanche subnet
Polygon supernets and Avalanche subnets are both scalability solutions that aim to help developers deploy or develop app chains rapidly. While they share some similarities, they differ in several ways, including consensus mechanisms, transactions per second, and validator management.
Avalanche has a system of subnets that have dynamic validators working together to achieve consensus. These subnets can be used to create fully customized blockchains on the Avalanche network. In contrast, Polygon
Avalanche has a system of subnets that have dynamic validators working together to achieve consensus. These subnets can be used to create fully customized blockchains on the Avalanche network. In contrast, Polygon
A recent report revealed that up to 190 banks in the US are already on the brink of a crash. Analyzing the failed Silicon Valley Bank, the analysts discovered that 10% of US banks currently have more unrecognized losses than the SVB.
Lockdrop vs Airdrop
Airdrops have long been a popular way for new projects to gain traction and reward early adopters, especially recently with the successful launch of Blur or the much awaited announcement of Arbitrum.
However, traditional airdrops often do not require any significant commitment from the user, resulting in a low retention rate and little to no engagement with the project beyond simply holding the tokens received. Lately, such terms as “sybil attack” or “airdrop hunters” are oftenly perceived as n
However, traditional airdrops often do not require any significant commitment from the user, resulting in a low retention rate and little to no engagement with the project beyond simply holding the tokens received. Lately, such terms as “sybil attack” or “airdrop hunters” are oftenly perceived as n
If Ripple wins the case against the U.S. Securities and Exchange Commission (SEC), a relisting of the coin on America’s largest cryptocurrency exchange seems possible
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser #microsoft
Does NFT market declining following SVB
The NFT market has recently been affected by three bank collapse situations. These financial institutions include Silicon Valley Bank, Silvergate, and Signature Bank. Strict rules, a downturn in the economy, a liquidity shortage, and a failure to honor consumer withdrawal requests all contributed to this incident.
Silicon Valley Bank (SVB), a virtual bank, recently went under, and DappRadar observed a sharp decline in trade volumes for non-fungible tokens (NFTs).
According to the DappRadar ana
Silicon Valley Bank (SVB), a virtual bank, recently went under, and DappRadar observed a sharp decline in trade volumes for non-fungible tokens (NFTs).
According to the DappRadar ana
Are you on GMX ? Perpy trading is copy trade connected to GMX, you can follow and copy trade from your favorit trader. Launching on camelot. NFA
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$BTC USDT Trade Signal ✅📊
The price sharply dropped from $91,790 to a low of $87,526, showing significant bearish momentum.
The current rebound to $88,912 is a retracement from the sell-off but has not yet established a strong upward trend.
The moving averages show a bearish crossover (MA(5) below MA(10)), suggesting that the downtrend might continue unless a strong upward movement is confirmed.
Potential Bullish Reversal:
The RSI is recovering from a lower level, indicating that selling pressure might be decreasing. However, it has not yet crossed the 50 mark, which would confirm bullish momentum.
If the price holds above $88,000 and forms a higher low, this could be an early sign of a reversal.
Suggested Strategy:
If Bearish: Consider selling if the price fails to hold above the $88,000 support level, especially if the RSI starts dropping and the moving averages continue to diverge downward.
If Bullish: Consider buying if the price closes above $89,000 with increasing volume and if the RSI crosses above 50, indicating a potential reversal.
Use tight stop-loss orders due to high volatility, particularly if breaking below key support levels like $87,500. Monitoring volume spikes for further confirmation of trend continuation or reversal is also crucial.
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