Cardano ($ADA) Network Load Surpasses 90% as DeFi Gains Steam

The average blockchain load on the Cardano ($ADA) network has consistently been above 90% over the last few days as decentralized finance (DeFi) applications on the cryptocurrency’s network keep gaining steam. According to Cardano blockchain insights shared on Google’s Data Studio, the cryptocurrency’s network load started surging between January 14 and 15, weeks after the launch of the network’s first […]

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Dogecoin Becomes Most Traded Token Among BSC Whales After Musk's $DOGE Push

Popular meme-inspired cryptocurrency Dogecoin ($DOGE) has become the most traded token among whales on the Binance Smart Chain (BSC) shortly after Elon Musk pushed McDonald’s to accept DOGE as a payment method. According to data from whale monitoring resource WhaleStats large addresses on the BSC network started trading the meme-inspired cryptocurrency as its price surged shortly after Tesla CEO Elon […]

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Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong Addresses

Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to wrong addresses, The Block reports, January 22, 2022. Tether Has Recovered Over $87 Million in USDT Transferring cryptocurrencies from one wallet to another can be challenging, especially for the more novice traders and investors who are not particularly very […]

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InvestAnswers Host Gives His Verdict on Terra, Solana, Avalanche, Fantom, Polygon, Polkadot, and Cardano

Recently, popular crypto analysis and market commentary show “InvestAnswers” looked at the top eight competitors to Ethereum in the race for smart contract dominance.  In a YouTube video published on January 16, the host of InvestAnswers told viewers that although Ethereum remains the “dominant 800-pound gorilla”, other players are “chipping away” at its market hold.  The crypto analyst noted that […]

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Altcoins Gaining Ground on Bitcoin for Merchant Payments

A new report claims that while businesses are increasingly turning to Bitcoin for payments, $ETH, $DOGE, and fiat-backed stablecoins are gaining in popularity.  According to a report by Fortune, crypto payment processor BitPay is claiming that Bitcoin’s use by merchants dropped to 65% of all processed payments, down from 92% in 2020. Ethereum purchases accounted for 15% of the total, […]

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JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion – Altcoins Bitcoin News

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum Losing Ground in NFT Market, […]

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Crypto Youtuber Launching Bitcoin Funded TV Series on CBS

Cryptocurrency television shows are now gaining more popularity as various broadcasting services are taking responsibilities by offering to air these shows. TradeStation and Cheddar –a live streaming financial news network- announced in a press release on March 15 to air “Crypto Craze” a weekly show focusing on cryptocurrency trading which has caught the attention of many crypto traders and investors. […]

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