Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have skilled important good points and notable achievements within the first quarter (Q1) of 2024. In keeping with a complete efficiency evaluation performed by Messari, amid the rising crypto bull market, Fantom has emerged as one of many main beneficiaries, displaying important development in … Read more
Decentralized software (dApp) platform Close to Protocol exhibited notable development in key metrics in the course of the first quarter (Q1) of 2024, driving its native token NEAR to reclaim an important key degree and paving the best way for a possible retest of its all-time excessive (ATH) from January 2022. In response to a … Read more
In a current report by Bloomberg, it has been revealed that greater than 90% of stablecoin transaction volumes don’t originate from real customers, in keeping with a brand new metric co-developed by Visa. Stablecoin Market Faces Information Actuality Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and … Read more
Bitcoin (BTC), the biggest cryptocurrency out there, has skilled a notable resurgence in its bullish momentum, with the Bitcoin worth reclaiming the essential $61,000 threshold. This restoration follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. Because the bullish momentum returns, the potential of additional testing higher resistance ranges and … Read more
The decentralized social community Good friend.tech, launched in August 2023, is going through a major setback as its native token, FRIEND, experiences a staggering 98.5% drop in worth. Buyers who participated within the latest airdrop of FRIEND tokens have expressed critical considerations concerning the growth, highlighting points with token claiming and app performance. Buyers Hit … Read more
Enterprise capital agency Pantera Capital has invested considerably in The Open Community blockchain. The information, introduced on Thursday, resulted in a 9% surge within the community’s native token, Toncoin (TON), pushing its worth above the $5 mark. Pantera Capital Bullish On TON And Telegram Integration In a assertion, Pantera Capital expressed enthusiasm about their newest … Read more
Stablecoin issuer Tether, a outstanding participant within the cryptocurrency market behind the broadly used USDT stablecoin, has launched its audit assertion for the primary quarter of 2024, accompanied by a report carried out by impartial accounting agency BDO. The report, which offers further monetary data past the reserves backing Tether’s fiat-denominated stablecoins, exhibits the corporate’s … Read more
Crypto funding merchandise at the moment are going by means of tough occasions, as proven by influx and outflow information. The crypto market is thought for its risky market cycles of ups and downs. Funding merchandise at the moment are struggling, and confidence within the area appears shaken. Crypto funds have now seen outflows for … Read more
EigenLayer, a decentralized restaking protocol constructed on Ethereum (ETH), has made vital bulletins, paving the best way for brand new developments inside the crypto ecosystem. The protocol unveiled its native token, EIGEN, which the newly fashioned Eigen Basis will distribute. Alongside this, EigenLayer launched a serious plan for an airdrop and launched a complete new … Read more
Expectations for the crypto trade are nonetheless excessive, and altcoins, particularly, are anticipated to do effectively. One crypto analyst often known as El Crypto Prof on X (previously Twitter), shares this sentiment, anticipating the altcoin market to go on a parabolic rally. Altcoins Are Set To Explode In a put up on X (previously Twitter), … Read more