Day: March 14, 2024

Solana Chasing BNB Chain, Race To 5% Market Dominance Heats Up

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The dominance war is on. CoinMarketCap data shows that Solana and BNB Chain, two popular smart contracts platforms after Ethereum, are emerging as strong contenders. In a post on X, one crypto analyst notes that SOL and BNB, the native currencies of Solana and BNB Chain, respectively, have been growing, subsequently expanding the market caps of their respective platforms. However, even with this price uptick, it has yet to attain the 5% level, a target for proponents of the two platforms.  Solana versus BNB Chain dominance | Source: Analyst on…

XRP and Bitcoin’s 2024 outlook; Cardano whales eye memecoin

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market flutuates, XRP strives for a comeback, while Bitcoin maintains its lead. Interest surges in Rebel Satoshi’s presale, driven by Cardano whales. As investors navigate the dynamic crypto market, attention turns to XRP and Bitcoin’s contrasting performance and their potential outlook for 2024. Meanwhile, Cardano whales express enthusiasm over the next stage of Rebel Satoshi‘s ($RBLZ) presale. XRP’s path to recovery XRP’s journey to reclaim its…

Swiss Cardano whale stakes in DeeStream as Bitcoin hits new highs

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March sees major Swiss investors in Cardano (ADA) acquiring significant stakes in DeeStream (DST), alongside Bitcoin (BTC) reaching new all-time highs, signaling a potentially transformative period for the crypto market. The following looks into the recent developments in the world of cryptocurrency: Cardano (ADA) and the “sell-side liquidity crisis,” which Bitcoin (BTC) is facing. Further, we will focus on understanding the basis of the potentiality of DeeStream (DST) in content creation and financial independence regarding its disruptive nature. Cardano resurgence Cardano (ADA) has experienced a notable resurgence, with its token…

BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development

On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain […] Source CryptoX Portal

Crypto Expert Reveals Why XRP Is Primed For Growth In This Bull Market

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Despite XRP lagging in this early stage of this bull run, crypto expert Zach Rector has shared his belief and given reasons why the crypto token is still bound to perform well. He went as far as ranking the token up there with Bitcoin to drive home his point on why the token will make a run soon enough.  “XRP Will Not Miss This Bull Run” Rector mentioned in an X (formerly Twitter) post that XRP will not miss this bull run. In the accompanying video, the crypto expert highlighted…

Why aren’t large Bitcoin holders selling despite high prices? Insights and analysis

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As Bitcoin prices soar, the wealthiest investors are holding onto their assets. What’s driving this choice, and how does it affect the market? In recent years, the number of large Bitcoin (BTC) holders, called “whales”, has increased significantly. Data from Glassnode reveals a striking uptrend in the number of Bitcoin addresses holding over $100,000, escalating from less than 140,000 in July 2020 to nearly 680,000 by Mar. 12. Bitcoin addresses with a balance of more than $100,000 | Source: Glassnode Similarly, addresses possessing more than $1 million in Bitcoin surged from…

Justice James Mellor’s Ruling on Craig Wright, COPA Trial

However, having considered all the evidence and submissions presented to me in this trial, I’ve reached the conclusion that the evidence is overwhelming. Therefore, for the reasons which will be explained in that written judgment in due course, I will make certain declarations which I am satisfied are useful and are necessary to do justice between the parties: Source