Data from AnalytEx indicates that Ethereum activity declined in August. However the successful Merge event should allow network activity to rally. AnalytEx on Pre-Merge Ethereum Subsequent to The Merge, data from AnalytEx showed that the user activity index on Ethereum Chain stood at 53 as of Sept. 17. The activity index provides insights into users’[Read more…]
Monthly Archives: September 2022
18
Sep
Sep
Aequinox is a decentralized exchange (DEX) that was launched on Binance Smart Chain (BSC) not long ago (since this August). But it has built a series of attractive benefits for participants, such as multi-token, multi-reward pools (up to 8 tokens/rewards), self-governed crypto index portfolios, and near 0% stablecoin swap fees /slippage, etc. Let’s dig deeper[Read more…]
18
Sep
Sep
The Weekly BSC News Newsletter from Kabezo The U.S. Consumer Price Index benchmark measure of inflation gave a virtuoso performance this week. The CPI May release came in at 8.3% against a consensus forecast of 8.1% by the world’s economics brain trust. Market reaction was swift and severe. Within minutes, the S&P 500 stock index dropped[Read more…]
18
Sep
Sep
A major uptick in Solana NFT sales volume saw its USD sales briefly surpass Ethereum’s for the first time ever on Sept. 6. A large uptick in Solana NFT sales volume and unique buyers seen on Sept. 6 and 7 that saw daily volume reach $10.5 million has now cooled, with volumes settling into the[Read more…]
18
Sep
Sep
A new White House crypto policy report calls for supporting both the development of a CBDC and innovation by independent public blockchains. US Government Seeks Safe Crypto Environment On March 9, U.S. President Joe Biden, issued an Executive Order (EO) on securing a credible development of crypto assets in the country. Following the action, the[Read more…]
17
Sep
Sep
Price fluctuations are a daily occurrence in the crypto markets now. Since the fight against inflation began, the overall financial markets have tanked. Nowadays, asset prices swing without warning, and the continuing crypto winter only heightened the volatility. The recent event expected to boost market recovery has been completed. Ethereum is now operating on a[Read more…]
17
Sep
Sep
The recent surge in Binance Coin [BNB] burning activity may have proved that the BEP-95 upgrade was a good decision. Also described as the “Bruno Upgrade,” the BEP-95 was implemented to speed up the BNB tokens burning process. In addition, the upgrade was to use a part of the burned tokens as transaction fees on the Binance[Read more…]
17
Sep
Sep
Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade. Parts of the pre-merge reactions were negative. With the official conclusion of the Paris upgrade, popularly known as the Merge, the Ethereum network transited from PoW to PoS. This[Read more…]
17
Sep
Sep
BNB, the native token of Binance’s BNB Chain, entered a symmetrical triangle formation on Aug. 10, when it first faced the descending trendline at the $335 resistance. The following five weeks have been a struggle around $280, the exact intersection between the two conflicting ascending and descending patterns. A decision on whether the symmetrical triangle[Read more…]
17
Sep
Sep
Let’s look into the performance of Cronos Chain so far this month, including protocol developments and price action of the CRO token. Cronos Activity, Price Action So far this month, Cronos Chain, the first Ethereum Virtual Machine (EVM)-compatible blockchain deployed on Cosmos, has logged some significant developments within its ecosystem. Here is a look at some[Read more…]
