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The digital currency network Cardano is two days away from the upcoming hard fork on September 12 and the community is expecting to see functional smart contracts. These can be used for decentralized finance (defi), non-fungible tokens (NFTs), and other types of decentralized applications (dapps). Cardano has managed to capture the third-largest crypto market capitalization […]Powered by WPeMatico
A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.” British Bank Publishes ‘Ethereum Investor Guide,’ Formulates the Economic Case for Ethereum’ The British multinational banking and financial […]Powered by WPeMatico
Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out.
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Rising trading volume, investor excitement over the upcoming parachain auctions and the success of KSM, have investors looking at DOT as the next altcoin to hit a new high.
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FTM gained 500% in the past 6 weeks and a newly launched $320 million incentive program could see the rally extend further.
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The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions.
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Major protocol improvements, attractive staking rewards and real-world adoption from banks back the current bullish price action seen in XTZ.
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Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market.
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The total number of Cardano wallets with at least a $1 million balance has surged from 3,625 on July 20 to 9,830 on Aug. 24.
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The bearish outlook appears also as Cardano’s daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact.
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