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Fantom, the directed acyclic graph smart contract platform that provided decentralized finance services to developers, took a major step towards incentivizing development on its platform to further drive network growth and adoption.
Fantom (FTM/USD) published a proposal on December 1, where the project aims to implement an affiliate program for the decentralized application (dApp) developers with gas fees.
BeInCrypto takes a look at five altcoins that increased the most from the entire crypto market last week, more specifically, from Nov. 25 to Dec. 2 The post Fantom, GMX, EthereumPoW, Dogecoin, and Huobi Token Are on the Rise appeared first on BeInCrypto.
The crypto space had undergone a significant upswing in the past couple of weeks as Bitcoin price hailed over $17,000 for some time and dropped back below the levels very quickly. Meanwhile, the altcoins including Fantom(FTM) price followed the star crypto and jumped significantly.
Bitcoin, the leading cryptocurrency, struggled to break above the $17,250 level on December 2, and it is now heading lower to $16,900. Similarly, Ethereum, the second-most valuable cryptocurrency, has fallen after being rejected at the $1,300 level and is currently consolidating near $1,275.
"Fantom will become the youtube/twitch of blockchain platforms," commented ecosystem architect Andre Cronje.
After the Fantom Foundation revealed its financial records, its native token Fantom (CRYPTO: FTM) rebounded over 50% in the last two days. What Happened: According to the records, Fantom Foundation generated consistent profits and has 30 years of cash runway without having to sell any FTM tokens.
Crypto investors are starved for good news about coins and tokens, and boy did they get some on Wednesday.
The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
After the shock of the FTX collapse that has shaken the very foundations of the cryptocurrency market, things are finally starting to look up for many digital assets, with some tokens leading the charge in stoking a new wave of bullish optimism heading into December.
Crypto prices traded higher this morning, with Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, trading above the $16,800 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the major $1,200 level.
The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price.
Fantom registered a double-digit uptick as its financial report showed that the project was healthy FTM remained bullish and some long-term holders kept their holdings despite its massive plunge over the previous month Andre Conje's return to Fantom [FTM] seemed to be a break in the clouds as the former technical advisor of the project
The 69th largest cryptocurrency by market capitalization, Fantom (FTM), has shown relative strength over the past seven days, rising 29%. Over the past 24 hours, it even stands at a gain of 10%.
Despite the continuous struggle of the cryptocurrency sector to regain its strength after multiple hardships that kept stacking up against it, Fantom (FTM) is recording double-digit gains on both its daily and weekly charts.
Despite the continuous struggle of the cryptocurrency sector to regain its strength after multiple hardships that kept stacking up against it, Fantom (FTM) is recording double-digit gains on both its daily and weekly charts.
Fantom (FTM/USD), according to a post by André Cronje, a well-known Decentralized Finance (DeFi) developer and the author of many crypto projects, showcased a detailed insight into the project's finances. The project holds millions in USD in its reserves in the form of FTM, stablecoins, crypto, and non-crypto assets.
Fantom (FTM) has grown by over 17% following Andre Cronje's revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. The post Andre Cronje reveals how DeFi saved Fantom; FTM surges 17% appeared first on CryptoSlate.
Bitcoin managed to defend $16,000, while FTM and DOGE are today's best performers.
The Fantom (FTM) price has increased significantly over the past two days. However, it has yet to reclaim a crucial horizontal level which would indicate that the trend is bullish.
Fantom has had the worst of the crypto winter but the company still manages to make decent returns. According to Andre Cronje, Fantom is a show of resilience in the market turmoil.
Fantom was forced to become extremely frugal during the 2018 bear market, but later recovered using decentralized finance.
Fantom founder unveils colossal reserves and pumps FTM price up 11%
After being absent from crypto for a number of months, renowned cryptocurrency developer and founder of a number of projects, Andre Cronje speaks out about Fantom, in his recent blog post. Andre Boasts Fantom's Treasury Andre Cronje, a well-known person in the DeFi space, claims that the Fantom blockchain project he advises and is a The post Fantom News: Andre Cronje Says They Are “Cash Flow Positive” appeared first on CoinGape.
