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Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million

30.5.2023
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily...

Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident

30.5.2023
Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt...

Dogecoin’s Transaction Surge Surpasses Bitcoin and Ethereum With 2 Million Transactions Settled in 24 Hours

28.5.2023
The Dogecoin blockchain has witnessed a significant surge in transaction activity ever since the inception of DRC20 tokens. When compared to other prominent networks, Dogecoin has stood out with its substantial volume of processed transactions. Recent statistics reveal an unprecedented milestone...

Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

28.5.2023
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.”...

Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity

26.5.2023
Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the crypto exchange Zondacrypto, has said. Kral also...

Ordinals sends LTC and DOGE network activity surging for 3 straight weeks

22.5.2023
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions

Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume

18.5.2023
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week, although it has dipped more than 4% within...

DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network

17.5.2023
With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily...

IRS Trains Ukraine to Track Russian Cryptocurrency Activity – Here's What You Need to Know

12.5.2023
The Internal Revenue Service (IRS) is offering virtual and in-person training sessions on tracing blockchain transactions for Ukrainian officials. The criminal investigation division of the agency has joined hands with blockchain analysis firm Chainalysis and Ukrainian investigators to trace...

Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

9.5.2023
This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing their...

Cardano Price Forecast as Whale Activity Shows Huge Buy Orders Filling Up – What Do They Know?

5.5.2023
Cardano (ADA) was last changing hands in the low $0.39s and as such remains marooned well within this week’s $0.38-$0.40ish ranges. Cardano’s lack of volatility is surprising given that crypto and broader financial markets have been substantially roiled by Wednesday’s Fed meeting on Friday’s...

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

4.5.2023
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project

Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade

1.5.2023
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights...

Cardano Price Forecast as Cardano Becomes Top 3 Project for Development Activity – Can ADA 10x in 2023?

29.4.2023
Cardano has established itself as a top project for developer activity, consistently appearing among the top three. As a result of this trend, more investors and analysts are paying close attention to the price changes of Cardano to gauge its potential in the future. Cardano (ADA) had a terrible...