Cardano (ADA) has lost its reign as the top network for development activity. Despite Charles Hoskinson’s claims of major updates, ADA has fallen to fifth place, overtaken by other crypto networks. Development Activity Rankings Santiment, a market intelligence platform, recently released a list of the top 10 cryptocurrencies with the highest development activity. Cardano, once…
Biden’s Policies Under Fire Cardano founder Charles Hoskinson is calling on US voters to focus on crypto in the upcoming elections. He believes blockchain technology can revolutionize the country’s economy, politics, and society. Hoskinson is particularly critical of President Joe Biden’s administration, accusing it of stifling the crypto industry through its “regulation by enforcement” approach….
Major Upgrade for Ethereum Transactions Ethereum co-founder Vitalik Buterin has introduced a game-changing feature for the Ethereum blockchain that promises to significantly speed up transaction confirmations. Single Slot Finality (SSF) The new SSF feature streamlines the consensus-building process on the Ethereum network, making transactions almost instantaneous. This addresses long-standing issues with efficiency and scalability. How…
A top trader is warning crypto bears that their time to drive the market lower is running out. Bullish on Dogwifhat (WIF) The analyst, known as the Flow Horse, is bullish on the Solana-based memecoin dogwifhat (WIF). He believes WIF will continue to perform well until the end of the bull market. Memecoin Dilution While…
Outflows Institutional investors have been pulling money out of crypto for the third week in a row, according to CoinShares. Digital asset investment products saw $30 million in outflows last week, with Ethereum (ETH) products leading the way. Ethereum’s Woes Ethereum has had one of its worst weeks in years, with $61 million in outflows….
Crypto analyst Ali Martinez has noticed a surge in new Bitcoin (BTC) addresses, suggesting a potential return of retail investors. Despite recent market volatility, the number of new addresses has broken a downtrend line, reaching its highest level since April. Miners Capitulating, Bullish Signal Martinez also observed that Bitcoin miners are selling their positions, which…
Bitcoin has been a rollercoaster ride lately, but a crypto analyst warns it’s not over yet. Analyst Predicts Bitcoin Crash to $35,000 Alan Santana, a crypto analyst, predicts a possible Bitcoin crash to $35,000. He believes the maximum pain point for Bitcoin is between $34,900 and $42,855. This means Bitcoin could drop up to 45%…
New Partnership with UQUID Tether, the issuer of the popular stablecoin USDT, has teamed up with UQUID to enable Filipino citizens to pay their social security contributions using cryptocurrency. Easy Payment Process According to UQUID, paying social security with USDT on the TON blockchain is a simple seven-step process using their UQUID card. 1 USDT…
Whale Activity Over the past week, Toncoin whales have been actively buying, accumulating over 45 million TON, worth approximately $342 million. This surge in whale buying comes after the cryptocurrency reached a new all-time high last month. Whale Cohort The whale cohort includes addresses holding between 10,000 and 100,000 TON. These large holders have significant…
Vitalik Buterin, the co-founder of Ethereum, has blasted US crypto regulations for encouraging “useless things.” Overly Broad Definitions Stifle Innovation Buterin criticized the Securities and Exchange Commission (SEC) for its expansive definition of securities, which he believes stifles innovation and incentivizes empty promises. He argues that the SEC’s approach prioritizes speculative ventures over projects with…
