Ethereum Validators Cross 500,000 Post-Merge

Validators are a key component of Ethereum’s network after the Merge which switched ETH’s chain from a proof-of-work (PoW) consensus to a proof-of-stake (PoS). Similar to miners on a PoW blockchain, validators are responsible for confirming transactions and maintaining network security among other crucial PoS blockchain needs.  Ethereum core developers said the withdrawal function for staked ETH should roll out […]

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Cardano Surpasses $DOGE's Market Cap as $ADA Recovers From Its Second-Largest Drawdown

The total market capitalization of smart contract platform Cardano ($ADA) has surpassed that of popular meme-inspired cryptocurrency Dogecoin ($DOGE), at a time in which $ADA has been recovering from its second-largest drawdown ever. At the time of writing, Cardano is the eighth-largest cryptocurrency by market capitalization after surpassing the $12.09 billion mark, with its price rising over 8% over the […]

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Cardano ($ADA) Trading Volumes on Centralizes Exchanges Hit Record Lows: Report

Cardano ($ADA) has seen its spot trading volume on so-called Top-Tier cryptocurrency exchanges fall 55.4% in December to $3.52 billion, recording its largest drop in monthly volume since February 2018. The figures come from CryptoCompare’s latest Asset Report, which details that Cardano also recorded the lowest monthly trading volume since October 2020 and details the drop “highlights the current market […]

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Shiba Inu ($SHIB) Starts Trending Amid Crypto Market Recovery

As the cryptocurrency market seemingly started recovering, the meme-inspired cryptocurrency Shiba Inu ($SHIB) quickly started trending as the SHIBArmy pushed for further adoption of the cryptocurrency and kept burning tokens. According to CoinMarketCap data, $SHIB was the top trending digital asset on January 9, and at the time of writing is still one of the largest trending assets so far […]

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$XRP-Focused Investment Product Inflows Surge as Investors Favor Clarity on Ripple’s Case With SEC

Cryptocurrency investment products offering investors exposure to $XRP have recently seen significant inflows, at a time in which the U.S. Securities and Exchange Commission’s (SEC) case against Ripple and two of its executives has been seeing improving clarity, which could be seen as favorable by the investment community. According to data from CoinShares’ latest Digital Asset Fund Flows report, XRP-focused investment products […]

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Crypto Traders Go BONK-ers For Solana's First Memecoin, Token Up 80% Today

What is Bonk Inu? According to the project’s one-pager, BONK was issued as the first Dog-centered meme token on Solana’s blockchain. The protocol claims to be “for the people, by the people” and aimed at building “a fun meme coin where everyone gets a fair shot”. Also, the team supposedly grew tired of “toxic Alameda tokenomics”.  Notably, Sam Bankman-Fried’s Alamadea […]

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