Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Biggest Movers: QNT Nears 6-Month High, DOGE Extends Recent Gains

Quant moved close to a six-month high on Saturday, as the token remained in the green for a second consecutive session. The rally comes as prices are now up by over 25% in the last seven days. Dogecoin was also in the green, as prices moved higher for a third consecutive day. Quant (QNT) Quant […]

NFT space bridges passions for tennis legend Maria Sharapova

Maria Sharapova sat down with Cointelegraph at Binance Blockchain Week Paris to discuss her growing interest in NFTs and passion for bringing more women into Web3.

Cardano (ADA) Is About To Die and Turn into A ‘Zombiechain,’ Ethereum Maxi Says

Cardano (ADA), the 8th ranked crypto asset in terms of market capitalization, remains in the red as it loses 6.3% of its value in the last seven days. Cardano lost more than 6% of its value for the past week UniSwap surpassed ADA in terms of daily average transactions Positivity remains among crypto enthusiasts for Cardano As of this writing, according to Coingecko, the asset is trading at $0.43 but still remains one of the top 10 digital assets thanks to its market capitalization which stands at almost $14.7 billion. They hefty market cap, however, is not enough to fend off some negative criticisms and projections about the crypto created by the Hong Kong Input-Output (IOHK) led by Ethereum co-founder Charles Hoskinson. In fact, Evan Van Ness, a well-known die-hard fan and Ethereum maximalist, claims the token is already at death’s door and will soon turn into a “zombiechain.” Let’s check in on the $ADA zombiechain 🧟⛓️ Not only does Cardano do less than one transaction per second… Uniswap does substantially more transactions than Cardano pic.twitter.com/wg0fNoFPck — Evan Van Ness 🦇🔊 (@evan_van_ness) September 29, 2022 ADA Losing Steam Aside from his belief that Ethereum is the best crypto out there, Ness has some alarming information regarding Cardano which could spell its immediate future. ADA’s network is currently living at an incredibly low transaction count of less than one per second. That’s lesser than other assets with lower market capitalization. UniSwap, for example, only has $4.9 billion market cap, but is beating Cardano on the seven-day average of daily transactions. Related Reading: Shiba Inu Fanbase Awaits Eternity Download Event – Will It Boost SHIB Price? Source: Evan Van Ness This is surprising, considering that UniSwap also has significantly higher daily fees count, currently at $1 million, compared to ADA’s $10,000. What Lies Ahead For Cardano While Ness says a lot of negativity towards a crypto asset that was once making breakthroughs, some remain positive about its future. Coin Quora, armed with the results of their price monitoring for Cardano, said the asset will have a bullish run and will close the year with a price of $12. It also predicted that by 2023, its value will increase up to $18. By 2025, however, the crypto, having experienced price corrections, will change hands at significantly lower prices. Analytics Insights place the value of Cardano at $3.81, going as low as $3.68 and as high as $4.38. Both prices are way higher than its current value, $0.43. It remains to be seen if the Ethereum’s maximalist’s claims pack some truth into them, but ADA’s recent performance so far is not helping its case. Related Reading: Uniswap Could Slide Below Support Zone – No Demand For UNI This Week? ADA total market cap at $14.7 billion on the daily chart | Source: TradingView.com Featured image from Cute Wallpaper.org, Chart: TradingView.com

Bitcoin, Ethereum Technical Analysis: BTC Begins the Weekend in Bearish Territory

After a move above $20,000 on Friday, bitcoin was back in the red on Saturday, as prices fell close to a key support point. As a result of this move the token has been largely unchanged in the last week, with price up 0.87% in the last seven days. Ethereum was also lower to start […]

EU Set to Ban Russian Crypto Payments After Referenda

submitted by /u/DoubleFaulty1 [link] [comments]

Will RVN reach INR 52 in End of 2022?

Do you know the price of Ravencoin (RVN) might increase by the end of 2022? How? submitted by /u/Hrideshwar [link] [comments]

Where is my Reddit NFT?

Hey everyone! So recently I got a notification that I received an NFT from reddit and that I can claim it and save it somewhere/somehow. I believe there was also mention of being able transfer it to some external wallet, which of course makes sense. Being that there are many scams on the internet I…
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What is wrapped Ethereum (wETH) and how does it work?

wETH is the ERC-20 compatible and tradable version of ETH and can be used to interact with other ERC-20 assets.