At press time, ADA was trading near $1.36, a 10.6% fall in the last 24-hour. Scaling solution Polygon's MATIC token fell 6% even as the network implemented Ethereum's fee-burning mechanism, which will destroy MATIC tokens making its supply deflationary. Solana's token SOL, binance token BNB, and ether each fell over 2%, while bitcoin traded 1% lower near $41,200, according to … [Read more...] about Cardano’s ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise
Bitcoin’s (BTC) price action has been uneventful in the first few days of the new year and it continues to languish below the psychological level at $50,000. The Crypto Fear and Greed Index is in the fear zone registering a value of 29/100. On-chain analytics resource Ecoinometrics said stages of extreme fear rarely remain for long, which means “there is a limited downside at … [Read more...] about BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Crypto payment provider BitPay irked Cardano founder Charles Hoskinson by listing $SHIB over $ADA, despite the results of a user poll favoring the latter.On December 8, BitPay posted a Twitter poll asking users which token they would like to see listed. The options included a choice of 15 prominent tokens, such as Algorand, Polygon, and Avalanche.However, BitPay decided to … [Read more...] about Hoskinson vents as BitPay list Shiba Inu over ADA despite Cardano poll lead
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies.New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better store of value than Bitcoin. The report said the annual rate of increase in Ether’s supply since EIP-1559 is … [Read more...] about BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Cardano just hit a major milestone by processing its twenty millionth transaction. What’s more impressive is that this was accomplished without a single outage in its four-year history.Despite this achievement, recent weeks have seen confidence in Cardano sink as the price of ADA struggles to gain a foothold.Since Alonzo smart contracts were rolled out on September 12, ADA has … [Read more...] about Cardano (ADA) hits milestone of 20 million transactions, but when are dApps coming?