Category Archives: Solana (SOL)

XRP-Centric Exchange Bitrue Greenlights Cardano, Solana, XinFin, Here’s How

Bitrue (BTR) is a cryptocurrency ecosystem for the storage and exchange of digital assets, lending and staking. Its team announced that some blockchains will have their tokens listed under premium conditions. “Fast track” for Ethereum (ETH) killers According to the official announcement shared by the Bitrue (BTR) exchange on its social media channels, the platform is going to […]

Cardano Reaches Another Crucial Milestone That Brings It Closer to Smart Contracts

Cardano has officially entered the Alonzo White stage of its smart contract rollout, according to an announcement made by IOHK. HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the #Alonzo testnet to the new #AlonzoWhite node. The new network is happily making blocks already. 1/5 — Input Output (@InputOutputHK) July […]

Cardano’s (ADA) Charles Hoskinson Introduces Novel Algorithmic Stablecoin: Details

According to the latest Twitter post by Mr. Hoskinson, his team at IOG is ready to unveil a groundbreaking stablecoin design for the entire DeFi segment. Introducing Djed Mr. Hoskinson has taken to Twitter to share four screenshots of a pre-print of an article that describes “formally verified crypto-backed pegged algorithmic stablecoin.” Been Busy. pic.twitter.com/mmYGoBAsPO — Charles […]

XRP-Focused Platform Bitrue Adds Leverage Tokens for Cardano (ADA), Bitcoin (BTC)

The leverage section of the Bitrue (BTR) exchange lists two more crypto heavyweights. Nine days after the XRP listing, leverage tokens for Bitcoin (BTC) and Cardano (ADA) have become available. XRP, Bitcoin, Cardano available in Leverage module of Bitrue According to the official announcement by the Bitrue (BTR) team, its newly launched “Leverage” module now supports two tokens based […]

Cardano-Based NFT Project Spores Raises $2.3 Million: Details

Spores Network is going to reshape the segment of non-fungible tokens and decentralized financial protocols with Cardano (ADA) smart contract instruments. Spores Network raises $2.3 million from VC veterans According to the press release shared with U.Today, Spores Network, a one-stop ecosystem for decentralized applications focused on Asian markets, has concluded its funding round. Image via Spores […]

Crypto Exchanges Trade Volume Hits Six-Month Low: Here’s Why

Trading volume on the largest crypto exchanges is hitting new lows as the Bitcoin price drops to $31,400, according to Blockchain.com currency statistics. A major volume outflow is happening on all of the major exchanges, including Coinbase, Kraken, Binance and Bitstamp. The biggest exchange trade volume for BTC/USD pairs hit $119 million and has reached a six-month low. Various […]

XRP-Centric Bitrue (BTR) to Be the First Exchange to List Cardano-Based Tokens

Bitrue (BTR), a multi-instrument ecosystem for cryptocurrency exchange, staking and trading, becomes the first service to support tokens on Cardano (ADA) blockchain. Cardano-native tokens are going to debut on exchanges According to the official announcement shared by the Bitrue (BTR) team, its exchange pioneers support for Cardano-native assets. Bitrue will be the 1st exchange to […]

Drop Under $1 Will Make ADA Crash Further Quickly: Bitcoiner Max Keiser

Prominent Bitcoin maximalist, financial expert, investor and RT anchor Max Keiser has taken to Twitter to share his prediction of the possible route Cardano’s ADA may take in the short term. Keiser believes that ADA, which is trading at $1.06 at press time (down from the $1.13 mark on the screenshot shared in the tweet), is likely […]

Open Interest Rising on $20,000 and $22,000 Bitcoin Put Contracts: What Does It Mean for Crypto Market?

More investors are opening positions on the $20,000 and $22,000 Bitcoin put options according to CoinGlass BTC Options Open Interest By Strike Price. Cumulative open interest on both prices is almost 10,000 BTC. Most of the interest emerged after the recent Bitcoin price drop below the $30,000 mark. Source: CoinGlass (formerly Bybt) Options are derivative financial […]

Cryptomarket Has Absorbed $15 Billion in Net Losses Since Mid-May: What Does It Mean?

On-chain market analysis firm Glassnode has released interesting data on the latest situation on the cryptomarket. In particular, the statistics are about Bitcoin. What is the essence of Bitcoin Realized Cap? The data concerns the indicator Bitcoin Realized Cap. Glassnode explains that this indicator tracks the aggregate value of all coins by price at the time of the […]