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Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

The issuer of the first overcollateralized stablecoin on Cardano, COTI Network, has reported receiving its first bundle of transaction fees from Djed's circulation. As the stablecoin distribution scheme suggests, the fees received in ADA were

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Here’s What Pushes Ethereum (ETH) Down from $1,700 Six-Month High

Here’s What Pushes Ethereum (ETH) Down from $1,700 Six-Month High

The second major cryptocurrency Ethereum reached a half-year high on Thursday. However, it was pushed back quickly, now exchanging hands at the $1,657 level. Santiment on-chain data aggregator has suggested a reason why it happened.

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Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this

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184 Million DOGE out of Binance, Dogecoin Price Acts Positively

184 Million DOGE out of Binance, Dogecoin Price Acts Positively

According to Whale Alert, a portal that tracks the actions of large crypto investors, 184.65 million Dogecoin tokens were recently withdrawn from Binance. The equivalent of $17 million was withdrawn from the leading cryptocurrency exchange

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SHIB Burn Rate Soars 502% as Shiba Inu Strives for Big Rise

SHIB Burn Rate Soars 502% as Shiba Inu Strives for Big Rise

According to recent data shared by the Shibburn tracking website, over the period of the last 24 hours, the Shiba Inu community has substantially advanced in removing SHIB meme tokens from the circulating supply. Still,

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Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Solana-based meme coin sensation Bonk (BONK) has failed to keep up with its massive bullish momentum, with its price down 4.55% to $0.0000008447 over the past 24 hours. According to data from CoinMarketCap, BONK is

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Shiba Inu (SHIB) Might Gain 54% to Upside If This Pattern Plays Out

Shiba Inu (SHIB) Might Gain 54% to Upside If This Pattern Plays Out

Crypto analyst Ali Martinez has spotted a chart pattern for the second largest dog-themed cryptocurrency, Shiba Inu. He notes that Shiba Inu appears to be breaking out of a bullish pennant and predicts that if

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XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

Pro-Ripple lawyer John Deaton, the founder of CryptoLaw, has taken to Twitter to share an argument as to why XRP cannot be qualified as a security even if it was once sold as an investment

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Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Things have not gone exactly according to plan as the recently launched DJED stablecoin on Cardano has already lost its peg to the $1 benchmark, raising concerns among investors. However, there is no need to

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Whopping 6 Trillion Shiba Inu Transferred by Binance Exchange as SHIB Jumps 10%

Whopping 6 Trillion Shiba Inu Transferred by Binance Exchange as SHIB Jumps 10%

Popular crypto tracking service Whale Alert has detected 10 massive transfers of Shiba Inu (SHIB) conducted by the Binance exchange over the period of the past 24 hours. Etherscan shows there were more transfers than

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