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Charles Hoskinson finally responds to Cardano critics


The vocal founder of Cardano, Charles Hoskinson, has finally responded to the new series of derogatory comments earlier this week that the network’s native coin has received from critics recently. One of the criticisms was from Ben Armstrong, a crypto enthusiast who claimed that Cardano’s ADA...

Solana developers rally to combat network congestion


The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with...

Central Banks Kept Purchasing Gold in February; China Continues Gold Run


Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported the largest gold accumulation, acquiring 12 tonnes...

Shiba Inu warns SHIB army: Beware fake Sheboshis!


The Shiba Inu project team has raised an alert in their dedicated community, known as the SHIB Army, indicating the possibility of fake Shiboshis in the crypto world. Just after their launch in late February, Sheboshis (SHEB) captured the crypto space. Lately, fake Sheboshis have come into...

Ethereum sees a rise in new users as long-term holders sit tight!


In recent developments, the Ethereum blockchain, also known for its native cryptocurrency, ether, is seeing a rising number of long-term holders. With new data from The Block indicating that one-year active supply is breaking down recent records, we can see that long-term investors remain...

Meme Coins Surge While NFTs Navigate a Rough Patch


As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential comeback fueled by innovative projects and a reinvigorated...

HashKey debuts global trading in 20 currencies


The major advancement on the global scene for HashKey Group, which has ranked itself among the major players in the virtual asset trading platform sector, is that it just bought the “comprehensive digital asset investor protection system license” from Bermudan authorities. This marks...

Ripple’s CEO foresees crypto boom to $5T by 2024’s end


Brad Garlinghouse, CEO of Ripple, a cryptocurrency startup company, has projected a $5 trillion market capitalization for cryptocurrencies, which might happen this year. The positive projection is supported by a number of significant events in the crypto industry, including macroeconomic reasons...

Solana DEX Phoenix secures $20 Million for Ellipsis


Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...

AAVE price surges with discussions about new fee switch approach


Aave’s founder recently shared an interest in redefining the protocol’s fee structure. Marc Zeller intends to redistribute the token fees among holders and stakers. According to Zeller, Aave’s DAO is generating enough profits to cover its operational expenses for at least 5 years. Meanwhile...

Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor


On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong market growth. Bitcoin Analyzing the daily chart...

NEAR & INJ challenge ETH’s dominance; Bullish outlook for 2024


An analyst who goes by the name The Crypto Dog has hinted that layer-1 altcoins are likely to gain more attention than Ethereum, also terming them as its rivals. Altcoins in conversation are NEAR and INJ. The heavier weight is on NEAR by the smart contract protocol Near. The analyst has said that...

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