#adabch

Cardano Breaches 1 Million Staking Wallet Milestone, Here’s How It Can Impact $ADA Price

Cardano ($ADA) breached the 1 million staking wallets milestone earlier on Sunday. This was the first major milestone for the proof-of-stake blockchain after the much-hyped Alonzo hardfork in September this year. The rising popularity of ADA staking highlights Cardano’s growing influence in the Defi ecosystem. Charles Hoskinson, the founder shared the milestone with his Twitter followers with a…

Cardano ($ADA) Surpasses 20 Million Transactions, Hoskinson Announces Proxy Keys

Cardano (ADA) achieved another milestone earlier today as it surpassed the 20 million transaction count without a single day of downtime. At a time when major blockchain networks have been down on various occasions, the most recent example being Solana which went offline for nearly 24-hours, Cardano managed the rare feat despite being mocked for slow implementation of upgrades. Cardano has been…

AMC Theaters All Set to Add Shiba Inu as a Payment Option, Here’s How it Can Affect $SHIB Price

Theater giant AMC CEO Adam Aron confirmed that the company is integrating Shiba Inu ($SHIB) as a payment option for booking tickets and availing of other services. The news comes just a week after Aron conducted a Twitter poll asking whether they should add Shiba Inu along with Bitcoin ($BTC), Ether($ETH), Litecoin ($LTC), and Dogecoin ($DOGE). The poll saw a total of 153,100 votes, out of which…

Shiba Inu to get listed on Kraken Before Robinhood, Here’s How it Can Impact $SHIB Price

Shiba Inu ($SHIB) is currently consolidating in the $0.00007-$0.000075 range, looking for another catalyst to rediscover the next bull rally. Many believe a Robinhood listing could the much-needed catalyst for Shiba Inu to rise to new all-time highs (ATH). Although there is no confirmation from the fintech trading app, another prominent crypto exchange has decided to list $SHIB amid its rising…

Traders Start Longing Cardano ($ADA) Over Other Altcoins, Here’s Why

Cardano ($ADA), the fourth-largest cryptocurrency by market cap seems to have lost market momentum post its Alonzo upgrade in September. The smart contract integration was seen as a key catalyst to its price as $ADA rose to a new all-time high of $3.10 in the run-up to the upgrade. Even though the upgrade made Cardano a Defi and NFT hub, its price hasn’t made much progress since then. $ADA is…

ETH Price Analysis: Ethereum Price Could See a Short-term Correction Before the Upswing Resumes

The Ethereum fear and greed index signals high greed readings at level-73 even as GasNow, the popular Ethereum gas price quotation system suspends operation. The event was followed by the China-based mining pool [Sparkpool] earlier announcing the closure in response to regulatory requirements. Etherscan at press time shows that the Ethereum 2.0 deposit contract maintains its lead as top deposit…

Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K BNB in recent weeks. The move shows that big money remains bullish on…

Multi-Billion Dollar Investment Management Firm cashes out from Stocks to invest in Defi

Dawn Fitzpatrick, CEO, and CIO of the $27 billion Soros Fund Management announced that the investment management giant has been liquidating the $5 billion it had invested in March 2020 during the Covid-19 triggered market instability. Furthermore, Fitzpatrick noted that the company will be redirecting its investment into Decentralized Finance. Defi Dominance over the “mainstream” Bitcoin Soros…