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In September 2022, Interchain Foundation, the team behind Cosmos’ development , introduced the Cosmos ATOM 2.0 whitepaper. The document proposed significant changes to Cosmos’s design, including a tokenomics upgrade to fund the Cosmos ecosystem development and reduce ATOM inflation.While the whitepaper launch acted as a bullish catalyst for ATOM price,
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After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar
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Canine-inspired tokens, including Dogecoin and Shiba Inu, saw around $25 billion in trading volume in the past month. Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk Inu (BONK) have collectively accounted for $25.6 billion in trading volume within the past month. By comparison, leading crypto Bitcoin (BTC) has accounted for $618.7 billion
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The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price. This comes after several contributory factors play
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Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen, the “lowest monthly figure” of the year according to CertiK.The blockchain security company tweeted a list of the month's most significant attacks on Dec. 31. It highlighted the $15.5 million
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Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT
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Proof of reserves is an audit method adopted by cryptocurrency exchanges in the aftermath of FTX's collapse to prove that the custodian, in this case, OKX, isn't lending out customer funds, as FTX did, and has the assets it claims to hold on behalf of its users. They have, nevertheless,
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Satoshi Nakamoto, Bitcoin’s pseudonymous founder, published his whitepaper on Oct. 31, 2008, and subsequently launched the Bitcoin network on Jan. 3, 2009. He was soon joined by five other contributors, notably, Hal Finney, a developer and cypherpunk who became the first bitcoin transaction recipient (courtesy of Satoshi), and Laszlo Hanyec,
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Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin surged to a short-lived peak of $16,837 in today’s session, barely 24
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For many Bitcoin investors who lived it, this crypto winter feels more painful than the 2018 bear market, despite making a shallower fall from peak to through. From a monthly momentum perspective, the bearish trend is now the strongest on record. Let’s take a look at what this means and
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