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Author: Nonhlanhla P Dube

Cardano and Solana attempt a recovery

Tokens from the first layer After plunging in the last seven days, Cardano and Solana look to have hit oversold territory. It remains to be seen whether these altcoins can gather enough traction to overcome critical support. Cardano and Solana both exhibits buy signals After suffering big losses over the past week, Cardano and Solana[…]

Cardano Adds Native CDN for Non-Fungible Tokens

Cardano (ADA), the world’s largest Proof-of-Stake (PoS) network, is expanding its dApps ecosystem with an emphasis on NFT products.NFTCDN.io, a new service, will use the Cardano (ADA) blockchain to alleviate major data transfer constraints in the non-fungible tokens (NFTs) segment. Cardano now supports the NFTCDN.io protocol The platform becomes live to advance and optimize data[…]

Crypto Assets Threaten Financial Stability- European Central Bank

According to recent reports, trade volumes of crypto assets such as ETH, BTC, and Tether have surpassed those of the New York Stock Exchange. According to the ECB, the threat is growing as institutional investors continue to invest in these crypto markets. Bloomberg reported that the European Central Bank views the cryptocurrency market as a financial[…]

Ripple (XRP) contributes $100 million(R1.6B) to reduce carbon emissions

Ripple, the Blockchain company of cryptocurrency, Ripple, has revealed to the public its contribution to carbon emission reduction with a $100 million(R1.6B) investment in a press release Why Make the Investment? The investment was Ripple’s role in the global plea to address climate change, according to the company’s CEO, Brad Garlinghouse. He believes Blockchain and[…]

Markets recover as SOL and DOT outperform top tokens

Over the last week, cryptocurrency markets staged a slight recovery, led by Solana and Polkadot, which both increased by about 20%. Over the last week, cryptocurrency markets have recovered 5%, led by Solana (SOL) and Polkadot (DOT). The native tokens of both blockchains outperformed the top ten by market capitalization (excluding stablecoins). SOL has gained[…]

USDC is becoming a more popular stablecoin than USDT

According to Glassnode data, USDC may be overtaking USDT as the crypto market’s preferred stablecoin. The supply of USDC has recently increased, while the supply of USDT has decreased. According to the most recent weekly report from Glassnode, USDT has seen a large number of redemptions recently, reducing its supply. The “circulating supply,” which is[…]

The Ethereum merger is most likely to take place in August- Vitalik Buterin

On Friday, Ethereum founder Vitalik Buterin stated that the Ethereum Merge, which is the transition to a proof-of-stake (PoS) protocol, will most likely take place by August of this year. Buterin stated at the ETH Shanghai Web 3.0 Developer Summit that if there are any potential risks, a delay to September or October is possible.[…]

Exodus Wallet’s new browser extension provides ‘unlimited access’ to Solana

 Exodus has announced the release of a new multi-chain cryptocurrency browser extension. Through their Chrome and Brave browsers, users can now “easily explore and navigate the world of DeFi.” Browser extensions typically cater to a single ecosystem. In the case of MetaMask, however, minor changes in the settings allow the wallet to be used with[…]

Cardano (ADA) could fall back to $0.40(R6.41), but $0.68(R10.90) is still feasible

Cardano (ADA) price appears bullish as it makes a U-turn on Monday following negative economic spikes from China that have worried crypto traders. Moreover, many major corporations, including McDonald’s, are leaving Russia. All of these factors contribute to elevated risk sentiment, making it exceedingly difficult for major cryptocurrencies to rise in price. This could be[…]

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