Bakkt mass-delists 23 popular tokens, including LINK, AVAX, ATOM, ICP
Intercontinental Exchange's crypto business, Bakkt, has announced the mass-delisting of multiple digital assets including prominent DeFi tokens.
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Intercontinental Exchange's crypto business, Bakkt, has announced the mass-delisting of multiple digital assets including prominent DeFi tokens.
Bakkt will delist the majority of its previously supported cryptocurrency tokens, The Wall Street Journal reported May 12. Delisting 25 cryptocurrencies Bakkt will specifically delist 25 of the 36 assets that it once supported through its recently acquired subsidiary Apex Crypto.
Over the past few days, Cosmos Hub (ATOM) has demonstrated remarkable strength and resilience in its price fluctuations, despite significant downturns across the broader cryptocurrency markets due to shifts in trader sentiment. For three consecutive days, ATOM bulls have managed to bounce back and maintain the native token's price, despite Bitcoin's bearish momentum that has caused most altcoins to plummet.
The cryptocurrency market has been experiencing a downturn, with Bitcoin's recent dip below the $27,500 mark neutralizing its previous gains. In the last month, Bitcoin's price has fallen by 7.57%, with similar decreases observed among other top-10 assets on CoinGecko.
In what can be tagged as more consistent price growth, Cosmos (ATOM) is seeing an impressive leap today, following the 4% uptick at the time of writing. The ATOM token is worth as much as $11.12, and its losses for the week now stand at a negligible 0.23%.
Recall that Cosmos (ATOM) is a crypto that powers an ecosystem of blockchains created for the purpose of being scalable and interoperable with each other. Specifically, the team aims to create an internet of blockchains, i.e. platforms that can communicate with each other in a decentralised manner.
Neutron became the first Cosmos blockchain to launch using replicated security, leaning on the Cosmos Hub for its security.
Sygnum announces the addition of Cosmos' native token ATOM to its expanding portfolio of regulated digital asset banking products and services.
The Cosmos (ATOM) price has traded in a bullish pattern since March and bounced sharply on May 10, increasing the possibility of an eventual breakout.
The higher timeframe price action of ATOM highlighted a downtrend was in progress since late April, and another 8% move southward was likely.
Cosmos Hub, the interchain service provider for the Cosmos ecosystem, has given its approval for Neutron, a blockchain network developed to integrate smart contracts into the Cosmos network using CosmWasm (Cosmos WebAssembly). With several audits completed, core modules implemented, and successful testnet deployments, the Cosmos Hub initiated an on-chain vote to determine if Neutron was prepared to launch on Replicated Security (RS).
"We won't be able to uninvent it," Warren Buffett said.
ATOM's limited upside reflected the lack of confidence in the market, but it certainly highlighted some excitement among investors. It still managed to resist the downside at a time when top cryptocurrencies have been tanking.
Neutron, a blockchain network designed to bring smart contracts into the Cosmos network by using CosmWasm (Cosmos WebAssembly), has received a green light from the Cosmos Hub, the interchain service provider for Cosmos, to launch on Replicated Security (RS).
Cosmos (ATOM) is wriggling out of its sustained sell-offs over the past week as its price has inked 5% growth over the past 24 hours to $11.1. Per data from CoinMarketCap, ATOM is now down by a marginal 1.20% over the trailing seven-day period.
In terms of market statistics, however, the token has a market capitalization of $3.1 billion, with a trading volume of $83.6 million over the last 24 hours.
The Cosmos Hub has passed a signal proposal to replace existing Cosmos Hub staking, distribution, and slashing modules with the Liquid Staking Module (LSM).
Staked ETH, BNB, ATOM, SOL and MATIC will be usable on Tenet as “restakes” to gain further rewards.
Cosmos' [ATOM] price hovered over the $10.5 support area with bears looking to finally push past the two-month resistance.
Renowned crypto analyst and the host of the Crypto Banter YouTube channel Ran Neuner recently analyzed various altcoins and shared his insights on why they are approaching the ultimate trade zone. Pepe: A High-Risk, High-Reward Gamble Ran noticed that Pepe, a relatively young cryptocurrency, has been pumping significantly.
The crypto market starts May month on a bearish note as the leading cryptocurrencies Bitcoin and Ethereum witness significant outflow. Though this downfall can temporarily pause recovery in several cryptocurrencies the overall market sentiment remained bullish.
Cosmos Hub's DEX facilitates the incorporation of its technology on Polkadot. Activity continues to decline on the network.
Cosmos (ATOM) demand has risen these past few days, resulting in a significant performance. According to CoinMarketCap data ATOM price has fallen to $11.69 after gaining momentum.
Activity on Cosmos didn't seem very impressive and was next to nothing as of 27 April. However, ATOM may come to the chain's rescue and offer traders with some much-needed relief.