Posts from Elevenews
Cardano has been subject to criticism for its perceived slow pace in rolling out new features and updates. Frederick Gregaard, the CEO of the Cardano Foundation, recently addressed these concerns, framing the network’s meticulous progress as a virtue during an interview with Cointelegraph at the recent Cardano Summit in Dubai. According to a report by […]
At the reported time, Cardano’s ADA staking has witnessed a -97 % decline over the last 24 hours, despite witnessing an over 50% surge on Nov. 7 that propelled the staked value to $8 billion. This significant uptick mirrors the burgeoning investor confidence in the Cardano network in a month where ADA’s value soared by […]
Ronin may be best known as the Ethereum sidechain network behind Axie Infinity, the play-to-earn monster-battling game that flung NFT gaming into the spotlight back in 2021. But now Ronin is drawing attention for other games—and network activity is surging following last week’s launch of a game called Pixels. The number of active wallet addresses on Ronin has effectively tripled in recent […]
ORDI, the altcoin affiliated with the Ordinals protocol, also known as memecoin on the Bitcoin network, saw a significant price increase after its listing on Binance. ORDI’s price has increased by over 100% since listing. Cryptocurrency analysis company Lookonchain shared some important onchain data about ORDI. According to their analysis, the top 50 holders of […]
The Shiba Inu development team recently unveiled an innovative wallet for the Shiba Inu ecosystem, which seeks to enhance the cryptocurrency experience for its users. The team revealed the development of the wallet in a recent blog post. Notably, the blog post first spotlighted the debut of the Shib Magazine. The SHIB Magazine, a new […]
Bitcoin (BTC) price bullish momentum appears to be waning, threatening its upside potential as the king of crypto reaches a critical juncture. Ethereum (ETH) price is experiencing a similar turnout, but Ripple (XRP) is pushing for a different fate depending on how the bulls play their hand. Bitcoin price uptrend stalls, makes $34,000 likely as […]
Bitcoin’s (BTC) rally stalled near $36,000, but the bulls have not hurried to book profits. According to Glassnode analysis, the Long-Term Holder metric, which are addresses holding Bitcoin for at least 155 days, supply is near an all-time high, while the Short-Term Holder, addresses holding coins for less than 155 days, supply is near an […]
Bitcoin’s (BTC) rally stalled near $36,000, but the bulls have not hurried to book profits. According to Glassnode analysis, the Long-Term Holder metric, which are addresses holding Bitcoin for at least 155 days, supply is near an all-time high, while the Short-Term Holder, addresses holding coins for less than 155 days, supply is near an […]
Bitcoin fees surged to the highest level since the meme coin mania this past May amid the resurgence of Bitcoin-linked non-fungible tokens (NFT), known as Ordinals. At $6.84 on Wednesday, average transaction fees for using the Bitcoin blockchain are now up roughly 970% from a low of $0.64 touched in August, BitInfoCharts data shows. The […]
In a recent interview with Scott Melker, AKA the Wolf of All Streets, Tether CTO Paolo Ardoino spoke about the surprising volume of Tether’s stablecoin USDT on the Tron blockchain network. Ardoino noted that a significant share of USDT volume occurs on Tron, which people don’t care much about. He suggested users are flocking to […]