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Tether has taken a bold step in cross-chain interoperability by choosing Ethereum Layer 2 protocol Arbitrum for its new infrastructure, Legacy Mesh. This move strengthens USDT’s position as the world’s leading stablecoin and simplifies transfers across multiple blockchains. No More Wrapping Tokens Tether introduced a new token, USDT0, in mid-January. It is pegged 1:1 with…
Bitcoin Cash (BCH) has had a rollercoaster journey since its inception in 2017. Created as a hard fork of Bitcoin, it aimed to address scalability issues and offer faster, low-cost transactions. However, its price has seen extreme fluctuations, reaching an all-time high of $3,785.82 before crashing to its current value of around $330.20. With a…
Top altcoins Ethereum (ETH), Solana (SOL), and XRP might be gearing up for strong bullish reversals. Crypto analyst Jason Pizzino sees potential for these coins to bounce back after recent market corrections. Ethereum Eyes $3,000 ComebackPizzino believes Ethereum is on the verge of reclaiming the $3,000 support level. After hitting a low near $2,100, ETH…
Ethereum, once the undisputed leader in smart contract platforms, is now facing intense competition. According to JPMorgan analysts, Ethereum’s market dominance has slipped to a four-year low. Rival blockchains and Layer 2 networks are tightening the race, creating challenges that Ethereum struggles to overcome. Why Is Ethereum Falling Behind? Two key factors are driving Ethereum’s…
XRP faces another tough week. Its price slipped for the third straight session, closing at $2.3260 after a 2.34% drop. The uncertainty around the SEC’s appeal in the Ripple case is shaking investor confidence. But a new lawsuit against the SEC could change everything. Empower Oversight Turns Up the Heat On February 5, Empower Oversight…
The crypto market is heating up this February, and investors are on the hunt for the next big thing. While familiar names like Jupiter (JUP), SUI, and VeChain (VET) show potential, a new contender is stealing the spotlight: Catzilla. This meme coin isn’t just about fun; it’s shaking up DeFi with bold promises and serious…
Polkadot (DOT) recently crashed to a critical support level, dropping to $3.53 and wiping out gains from September 2024. While this dip looks concerning, major catalysts suggest a powerful rebound could be on the horizon—possibly up to 500%. Why the Drop?DOT has lagged behind other layer-1 tokens like Solana and Mantra. Its price has struggled…
Cardano, a leading blockchain network, is preparing for another significant upgrade following the release of the Ouroboros Peras Protocol. Charles Hoskinson, the founder of Cardano, recently revealed plans for new updates aimed at enhancing the network’s overall performance, with a particular focus on improving validation zones. These updates have been well received by the crypto…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been caught in a whirlwind of mixed market dynamics. Recently, ETH experienced a price surge of 9.4%, pushing its value to $2,687, the highest it has reached in the past two weeks. However, this surge has not been enough to quell the growing concerns surrounding the…
Cardano, one of the leading blockchain networks, has recently demonstrated remarkable stability, reflecting the strong commitment of its community. According to a report by IntoTheBlock, the number of Cardano addresses with a balance has remained steady at approximately 4.45 million over the past year. This constancy in address count is notable, especially given the network’s…