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“The positive correlation between cryptocurrencies and the stock market is temporarily back on track,” shared Alex Kuptsikevich, the FxPro senior market analyst, in a note to CryptoX. “Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion.” Source
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In crypto circles, renouncing a smart contract means that the contract's creator will no longer have control over it – giving investors a sense of security as the contract can no longer be changed or updated, and is hence saved from possible manipulation by the contract creator. Original Source
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In the past month, there have been more daily active addresses on the NEAR Protocol than in Ethereum and its layer-2 protocols,
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Prices of cobalt are may remain low for a while as demand from EV and consumer electronics makers are likely to remain lower than supplies. Cobalt hydroxide prices have dropped in response to an increase in supplies from the Democratic Republic of Congo. Cobalt, used commonly to make batteries for electric
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Ethereum is under pressure and has just dropped below $1,600. However, on-chain data shows that a crypto whale, “0xb154”, has moved more coins
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Gas prices on Ethereum’s mainnet temporarily skyrocketed on Sept. 21 following a series of “inefficient transactions” carried out by an address labeled Binance 14 on block explorer Etherscan. The wallet made over 146,000 transactions within a 24-hour timeframe and overpaid for Ethereum transactions, spending as much as 300 gwei on
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“We still believe that the chances of further declines are higher for now,” one analyst said. Source
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The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank's next policy meeting in November. Source
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The bitcoin (BTC) price encountered resistance at $27,400 earlier in the day, failing to break above the 50-day moving average. In the past 24 hours, ether (ETH) lost 0.2%, bnb fell 0.6% and Cardano’s ada (ADA) and dogecoin (DOGE) were little changed. Original Source
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