Bearish developments were dominant throughout the week. Yet Hamster Kombat’s popularity and phase 1 of the Artificial Superintelligence (ASI) merger stand out as some of the crypto sector’s positive developments. Altcoins Monitoring On Monday, Binance added 11 altcoins to its Monitoring Tag list, raising concerns about potential delistings. Tokens such…
The price of some of these 11 altcoins has suffered after the announcement. This is because, on previous occasions, Binance has delisted some altcoins after attaching a monitoring tag to them. Why Binance Attaches Monitoring Tag to Certain Altcoins? The newly tagged tokens include Balancer (BAL), Cortex (CTXC), PowerPool (CVP),…
On Monday, June 24, Tether, the issuer of the popular stablecoin USDT, announced its decision to halt the minting of USDT on the Algorand and EOS blockchain networks. The company cited plans to concentrate on blockchains with expanding communities as the reason for this change. Although new token issuance has…
–> UPDATED: June 24, 2024, 8:31AM EDT Tether will discontinue support for and Algorand implementations by stopping the minting of on both blockchains today. USDT redemptions on EOS and Algorand will continue for the next 12 months, when Tether may evaluate and announce further changes. “We assure our community that…
With the Bitcoin price peaking above $70,000 the bull market is back in action. Amidst this market of high hopes, it would not be wrong to say that Defi and Meme projects are becoming the talk of the place. With breakthrough platforms heading upwards to decentralize our complete ecosystem. In…
If you are acquainted with the music biz, you must be aware of how middlemen typically take advantage of the musicians. Audius intends to counter this setback by enabling artists to publish their music and engage with their audience without involving any intermediaries. The platform’s user interface is similarly very…
Recently, a noted crypto analyst highlighted several altcoins within this ecosystem, predicting their potential to skyrocket in the near future. Top Cosmos Ecosystem Coins Cosmos, renowned for its ambition to create a network of interconnected blockchains, has seen its native token ATOM reach a significant market cap of $3.9 billion.…
The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such as Bitcoin and Aptos as SUI…
The cryptocurrency landscape continues to witness buzz around airdrops after the success of Uniswap, LooksRare, Arbitrum, Flare Network, Pyth Network, and Jito, among others. Adding to the legends, the imminent Manta Network airdrop is poised to be one of 2024’s largest potential. Renowned crypto analyst Miles Deutscher has spotlighted the…
December was bullish for the cryptocurrency market, especially for altcoins such as Solana (SOL), Injective (INJ) and ORDI. The five altcoins below could draw even more attention in January 2024. KAVA Reduces Inflation to 0 Price: $0.94 Market Cap: $1,006 billion Rank: #69 The KAVA team announced that after the…