Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking, according to a Nov. 26 statement shared with CryptoSlate. The program aims to empower token holders to participate in securing the network while earning rewards.
Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.
TL;DR Charles Hoskinson proposes an ecosystem of hybrid apps that allow Bitcoin to be used directly in DeFi applications, without the need for other tokens. The integration between Cardano and Bitcoin would include the use of babel fees, enabling users to pay fees in BTC.
According to dcSpark co-founder Sebastien Guillemot, the very first ZK (zero-knowledge) smart contract has been deployed on the Cardano mainnet.
Cardano (ADA), a key player in the cryptocurrency market, has slipped below the $1 mark, marking a significant 7% drop in the last 24 hours. This downturn comes as ADA faces stiff resistance at the “golden pocket” zone, a critical range between $1.12 and $1.23, identified on the weekly chart.
Ethereum (CRYPTO: ETH) is attracting significant attention, as traders anticipate a potential rally supported by seasonal trends and robust fundamentals. What Happened: Trader MaxBecauseBTC on X highlighted that December through April, especially following a Bitcoin halving, is historically the best time to hold Ethereum.
Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.
The recent rise has helped the Ethereum price to reclaim the range that it traded before the August drop. After the July rebound, the price failed to clear the $3500 resistance, causing an extreme exhaustion of the bulls.
As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.
Cardano price has faced a sharp reversal, dropping nearly 21% from its highest level this month as investors took profits. Cardano (ADA) was trading at $0.92 on Tuesday, Nov.
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced a challenging Monday, with outflows reaching $438.38 million during the day's trading. Bitcoin ETFs Bleed $438M in a Single Day as Crypto Prices Plunge.
As Bitcoin soars and meme coins steal the spotlight, Ethereum's struggles may actually be setting the stage for a surprising comeback.
Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after dropping % on.
For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.
Technical signals indicate further increases while analysts predict new highs.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
A crypto whale has moved 5,597 ETH worth approximately $19.4 million to Kraken, adding to the rate of asset movement. This comes following inflows to crypto assets, taking prices to points not recorded in months.
Today, Cardano has taken an 11% nose dive amid a reigning-in of recent bull market sentiment, putting its $1 valuation into question. The post Cardano Struggles As Market Turns Red, ADA Falls Below $1, Down 11% in 24 Hours – What's Next? appeared first on Cryptonews.
The crypto market is once again witnessing exceptional performance. Solana, often referred to as the blockchain of "fast and accessible solutions," has just reached a historic milestone.
Starknet launches staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation.
Ethereum's resurgence is igniting excitement across the crypto space, with traders forecasting a potential surge to $15,000. Amid this bullish wave, Rexas Finance (RXS), an Ethereum-based altcoin, is capturing attention with an ambitious 18,040% price forecast. Currently, in its 7th presale stage at $0.09, RXS has already raised over $12.
As Bitcoin (BTC) price retraced below $93k earlier today, Ethereum (ETH) price retested the crucial support level above $3,300. The large-cap altcoin, with a fully diluted valuation of about $399 billion, slipped nearly 5 percent in the last 24 hours to trade about $3,315 on Tuesday, during the early New York session.
Here are ADA's next potential targets (according to some popular industry participants).
Robinhood has been tailoring its platform to meet the needs of European users. When the company launched its first crypto staking services in May, it was accompanied by the introduction of localized versions of its app for users in Italy, Poland, and Lithuania.
Ethereum is experiencing a significant rise in the use of “blobs”, indicating the increased adoption of Layer 2 scaling solutions like BASE, Arbitrum, and Optimism.
Solana vs. Ethereum: SOL/ETH signals a potential 45% drop, while ETH eyes $4,000 with bullish momentum. Solana's USD pair could correct toward $145 amid resistance.
Base, Coinbase's Layer 2 network, which runs on Ethereum, has hit an all-time high of 9.2 million in daily transaction count.
Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin's foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge.
Ethereum maintains bullish momentum above $3,400 with strong technical support and increasing buy-side pressure, as multiple indicators point to potential further upside.
Charles Hoskinson, the prominent crypto entrepreneur behind Cardano, has said he wants to add decentralized finance (DeFi) features to Bitcoin. Looking back on his long history with Bitcoin and its foundational code, Hoskinson described his renewed focus on the cryptocurrency, viewing it as a chance to revisit its design and expand its potential.
On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.
Top traders were net long on ADA, a bullish conviction of likely extra rally.
Ethereum bulls have propelled the price to a daily high of $3,545. The daily trading volume of ETH has soared by over 86.25%.
Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.
Due to Ethereum's ability to withstand the decline of Bitcoin, there is conjecture afoot that a shift toward altcoins, specifically ETH, is imminent. As Bitcoin struggles to maintain momentum near the $100,000 mark, Ethereum's price movement is attracting attention as it is currently trading above $3,400.
Ethereum (ETH) has experienced a remarkable price increase this November, rising by 34% and reaching a high of $3500, the first time it has touched this level since July 2024. This upswing follows months of fluctuating prices and a period of Ethereum staking withdrawals that have recently turned into record-breaking inflows.
Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity. The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.
Ethereum (ETH) surged to $3,500 on Monday, marking its highest price since July 21, before slipping slightly to $3,475.
For some investors, Cardano's recent dip below $1 might seem catastrophic. However, ADA bulls appear unfazed by the slight decline, as on-chain data suggests they may be gearing up for another sustained uptrend.
ADA, alongside the rest of the market, dumped hard in the past day.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.
Cardano (ADA) has dipped below the crucial $1 level and is down by more than seven percent in the last 24 hours. ADA had recently come across a major resistance at the golden pocket area, which is positioned between $1.12 and $1.23.
Movement has introduced its native MOVE token, which will play a key role in its ecosystem, with a supply of 10 billion tokens.
Ethereum price started a fresh increase above the $3,400 zone. ETH is consolidating and might aim for a move above the $3,500 resistance.