Optimism Network Growth Declines OP token prices have been relatively stable, but future growth is uncertain. Layer 2 solutions have seen significant growth, but competition has increased. The number of users on the Optimism network continues to rise despite the launch of ARB token. Gas Usage Declines Despite the high number of users on the…
Bitlq Review: Is Bitlq a Scam or Legitimate? Open An Account Introduction With the popularity of cryptocurrency trading increasing over the years and the rise in digital assets, more people are searching for trustworthy and reliable trading platforms. Bitlq, one of these platforms, allows users to trade cryptocurrencies in an easy-to-use and secure environment. We…
Step App is a move-to-earn app that rewards users for walking, jogging, and running. Step App is using Artificial Intelligence (AI) to disrupt the global health and life insurance markets and make insurance cheaper. Step App’s proprietary AI will crunch data from user’s fitness activities to validate their health and offer discounted insurance rates. What…
Chainlink Integrates Price Feeds with Coinbase’s Base Testnet Chainlink announced the integration of its price feeds with Coinbase’s Base testnet Ethereum Layer 2 blockchain. Buying momentum waned, leading to a decline in LINK’s price. The Chainlink SCALE program will enable developers to access Chainlink services at lower costs. Chainlink [LINK], the leading oracle network, has…
Aptos’s NFT trading volume has plummeted, leading to a decrease in total value locked (TVL) and declining market cap. Key updates were provided by Aptos, including a partnership with Jujube Finance and the community test of Gran Saga Unlimited. Development activity showed signs of a rebound at the time of writing, however transaction volume had…
El Salvador to Open a Bitcoin Embassy in Texas – El Salvador is planning to open a „Bitcoin [BTC] embassy“ in Texas, as announced by El Salvador’s ambassador to the United States, Milena Mayorga. Legalization of Bitcoin as Legal Tender – In September 2021, El Salvador legalized Bitcoin as legal tender and became a global…
BNB outperformed Ethereum – BNB’s daily active users exceeded 815,000, while Ethereum and Polygon [MATIC] reached 344,000 and 277,000 respectively. DAU declining – Data from Dune Analytics revealed that BNB’s DAU has been declining in recent months. Not only did the DAU decline but also the network’s NFT space witnessed a similar trend in terms…
• Avalanche (AVAX) experienced a surge in social mentions and dominance last week. • Intain announced its tokenized marketplace for asset-backed securities, built on Avalanche. • AVAX’s price rallied last week, registering double digit gains and topping the list of gainers in the Avalanche ecosystem. Avalanche (AVAX) Experiences Surge in Social Mentions Avalanche’s social dominance…
• Solana’s [SOL] indicators suggest the arrival of market bears due to its high Market Capitalization/TVL ratio. • Despite this, SOL’s demand across the derivatives market has increased and it is currently trading at $25.55 with a market capitalization of more than $9.4 billion. • However, Solana’s recent price action and on-chain metrics indicate that…
• CRV’s price has rallied by over 100% since the beginning of the year, with daily trading volume increasing by 200%. • Whale transactions for CRV have increased, suggesting continued bullish sentiment. • Open Interest and key indicators RSI and MFI are pegged at overbought highs, indicating a potential decrease in market demand. CRV Price…