In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million, relegating Bitcoin to third place with $40.9 million in sales. […] Source CryptoX Portal
Tag: Notable
ADA Price Gains Over 52% in 4 Weeks despite Notable Cardano Network Upgrade Delays
Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends. Backed by a vibrant community of Decentralized Finance (DeFi) developers and investors, the Cardano network has grown to a mature…
SOL Continues To Register Notable Gains Daily, Is $50 the Target?
Solana opened this month on high momentum, consistently posting notable gains over the past few days. SOL scored a weekly high of $45.36 on November 1 before receding. But after a brief decline to the $40 price level, the bulls have regained momentum, intent on pushing closer to $50 this time. But it remains to see if SOL bulls have enough momentum to rally that high. SOL Bucks All Odds As It Vies For Higher Highs Despite the high volatility in the altcoin market, Solana (SOL) has refused to back…
Bitcoin (BTC) Price Stalls at $35K; Notable Large Investor Moved 7K BTC to Crypto Exchange Bitfinex
Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their behavior to anticipate market movements. Moving tokens to exchanges usually signals intention to sell, however, blockchain data doesn’t show what happens with the tokens once it’s at the exchange. Original
Cointelegraph afterparty delivers a ‘packed house’ and other notable events
In this episode of Decentralize with Cointelegraph, United States policy reporter Turner Wright and opinion editor Rudy Takala speak to listeners about their experiences at the ETHDenver conference from Feb. 24 to March 5. Wright arrived in time to interview industry experts, check out a “hacker house” and watch developers go through the BUIDLWeek. Takala talks about the highlights of ETHDenver and how it compared, in his opinion, to better-organized conferences. The topics discussed by Wright and Takala include the logistics of traveling between different venues at ETHDenver and other…
Bitcoin Network Braces for Notable Difficulty Increase in 3 Days – Bitcoin News
Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s mining difficulty appears to be on track for a 10% increase, rising from 34.09 trillion to an all-time high of 37.57 trillion. Upcoming Difficulty Retarget to Boost Hashrate Requirements The leading cryptocurrency network, Bitcoin (BTC), is set to experience a record-setting difficulty increase in three days, on or around Jan.…
Bitcoin: es poco probable que registre una recuperación notable tras el short squeeze del jueves
Los rendimientos del Tesoro de Estados Unidos continúan siendo elevados luego de la publicación de los datos del CPI, algo que ofrecería una prueba de realidad para los activos de riesgo, incluyendo las criptomonedas. Source
Bitcoin Unlikely to See Notable Recovery After Thursday’s Short Squeeze: Traders
Therefore, the bounce in both equities and bitcoin could be fleeting. The Fed has raised rates by 300 basis points this year, yet core inflation, which strips out the volatile food and energy component, rose to a 40-year high in September. However, the so-called liquidity tightening has wrecked risk assets, including cryptocurrencies. Original
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards – Mining Bitcoin News
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal. The trend suggests that when the blockchain network’s difficulty changes four days from now, the shift could increase significantly higher as estimates show a 4.43% to 10.3% change. Bitcoin’s Hashrate Climbs Closer to June’s All-Time High, ‘Notable Difficulty Jump’ Expected At…
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine. Liquid staking is the practice of users “double-dipping” with their crypto assets — i.e., allowing them to stake their crypto in one pool and use their staked assets to farm yields in a liquidity provider pool, or vice versa. The process…