Author: News Room
In response to the rising criticisms against Solana, Fantom’s Andre Cronje steps forward to offer a nuanced perspective, characterizing the network as a ‘victim of success.’ Cronje points to the overwhelming demand for blockspace within the Solana ecosystem, which he sees as a testament to its popularity and adoption. Rather than attributing the recent challenges solely to systemic faults, Cronje emphasizes the presence of engineering hurdles. Read the full article here
In a remarkable turn of events, the Pendle (PENDLE) price has soared by an astounding 130%, catapulting it into the spotlight of the crypto market. Notably, this monthly surge has piqued the interest of investors, signaling growing confidence in Pendle’s potential. Read the full article here
ARK Invest CEO and chief investment officer Cathie Wood is urging the U.S. to follow Hong Kong’s example in regulating cryptocurrencies. Wood expressed the sentiment in a dialogue at the latest edition of the Hong Kong Web3 Festival, where she spoke on several key topics shaping the future of the blockchain and crypto industries. Cathie Wood believes that Hong Kong has very good regulations on cryptocurrencies, providing a comprehensive framework. She thinks that the United States should follow suit, as there is currently regulatory uncertainty and a loss of talent. She still maintains her prediction that… — Wu Blockchain (@WuBlockchain)…
Recently, CCData released the latest edition (March 2024) of its Exchange Review research report. CCData is a trusted source for comprehensive data and analytics tailored to the ever-evolving cryptocurrency market. They go beyond simple data collection, meticulously organizing and analyzing vast datasets to unlock valuable insights for institutions and individuals navigating this space. CCData offers real-time market tracking, reliable pricing information, in-depth derivatives data, and carefully constructed indices for informed decision-making. Their FCA authorization highlights their commitment to accuracy and regulatory compliance. CCData’s Exchange Review research report delves into the intricate world of cryptocurrency exchanges, dissecting key metrics like trading…
Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant progress in tackling these problems and hopes to release patches next week. Currently, 70% of users’ transactions in Solana are failing. Solana Dev Collective Anza […] Read the full article here
Crypto hedge fund Pantera Capital, which has over $5 billion in assets under management, has reportedly seen its Liquid Token Fund appreciate by 66% during Q1 2024. According to a new report by Bloomberg, Pantera Capital’s $300 million crypto fund ended the first quarter with massive gains due to the rise of digital assets such as smart contract platform Solana (SOL), decentralized derivatives exchange Aevo (AEVO), decentralized finance (DeFi) protocol Ribbon Finance (RBN) and open source blockchain Stacks (STX). Pantera’s success partially stemmed from having reduced exposure to Bitcoin (BTC) and Ethereum (ETH) and allocating to smaller market cap altcoins.…
Ethereum and its Layer 2 scaling solution, Polygon, attracted the most new users by far in the first quarter of 2024. The latest report by Flipside revealed that these two blockchain platforms have garnered the most cumulative new users among observed EVM chains since the beginning of the year. Polygon boasted 12.3 million new users, and Ethereum had 13.4 million – roughly 70% of new users this year across all observed chains as of March 27. Next up was Arbitrum, recording the most new users (4.7 million) during the same period. Taking into account Ethereum and Polygon’s extensive history compared…
Dscover the cities of Jericoacoara, Rolante, and São Thomé das Letras, three tourist cities using Bitcoin as everyday money. Understand how the Lighting Network plays a crucial role in promoting the use of Bitcoin as a payment method. Store of Value or Medium of Exchange? Bitcoin (BTC), the leading crypto on the market, is establishing itself as a reliable, liquid, and international store of value. With a market value of more than US$1 trillion, bitcoin is already larger than several currencies issued by national governments. Notably, Bitcoin is already larger than the Russian ruble and Swiss franc. After years of…
Ripple Chief Technology Officer David Schwartz (known as “JoelKatz” on X) has published another cryptic tweet that has caught the attention of the XRP community. This time, he posted a photo of a logo placed behind a shop-window. The company’s logo has “Sunscream” written on it. The XRP community quickly responded to Schwartz’s tweet, sharing their associations with the word “scream.” Many, however, started to ask questions about the XRP price and Ripple’s future stablecoin in the comments, ignoring the tweet itself. Hey what’s the ripple stable coin going to be called? — XRP_Bandit💰 (@Chief_XRP) April 5, 2024 Schwartz is…
The price of the dog-themed cryptocurrency Shiba Inu (SHIB) has increased 2.5 times in 2024, according to on-chain analytics firm IntoTheBlock in its Q1 report, while demand for meme coins has reached its highest level since 2021. The aggregate worth of meme coins has nearly tripled in 2024 as a result of this tremendous rise. Despite the optimism surrounding SHIB’s potential, particularly given its strong community support and continuous developments, the historical trend of a negative April close seems to cast a shadow of uncertainty. Data analysis reveals a recurring trend where Shiba Inu tends to face downward pressure in…