City Santiment Financial News
25.09 / 23:37
Blockchain
UPS
Digital
Platform
Weekly
ALGO’s 28% weekly gains – The how and why of it all
Algorand, a leading layer 1 blockchain project, showcased its green credentials after it went carbon negative a few years ago. However, that’s not the only green picture here. In fact, even on the price performance front, ALGO was up by 28% over the week. In doing so, the altcoin was among the market’s top weekly gainers.
25.09 / 06:35
Blockchain
Platform
CoinMarketCap
XTZ
Here’s where Tezos [XTZ] landed after the Kathmandu upgrade went live
Proof-of-Stake (PoS)-based blockchain, Tezos [XTZ], upgraded a protocol on its mainnet. The upgrade, called Kathmandu, was first proposed to the Tezos community in July, and was the eleventh time there has been an upgrade.
25.09 / 06:05
Lowe's
Twitter
Bull run
Polkadot’s bull run seems unlikely if DOT continues relying only on this activity
Polkadot [DOT]‘s Twitter news handle,Polkadot Insider, posted an interesting update on 23 September 2022. As per the update, development activity contributors performance on the network in the last seven days witnessed an upward trend.
25.09 / 02:23
Ethereum
ETH
NOT
Uniswap: Why Ethereum whales are not the agents needed for a ‘twist of fate’
Uniswap [UNI] broke into the top cryptocurrencies held by the top 100 Ethereum [ETH] whales lately. According to prominent whale tracker, WhaleStats, UNI, shook off competition from other smart contracts protocol to gain the position.
25.09 / 02:23
Ethereum
CVX
Convex Finance: 13 unlocks later, CVX stands far from investor anticipation
Convex Finance, a DeFi protocol built on Curve Finance, commenced unlocking its CVX tokens as of 30 June. This was undertaken to combat the limited liquidity crisis that hindered the swapping of CVX tokens to Ethereum [ETH] on its protocol.
24.09 / 19:41
Blockchain
BTC
Platform
Bitcoin
Future
Bitcoin’s assessment of the last 365 days reveals this about BTC’s future
Data from blockchain analytics platform, Santiment revealed that Bitcoin [BTC]‘s Market-Value-to-Realized-Value (MVRV) stood at -43. This was close to the lowest position the metric has clinched before a rebound. Historically, the king coin’s lowest was a negative value of -53 in December 2018.
24.09 / 07:57
Blockchain
Ethereum
Landmark
The state of Solana [SOL] after this 100 billion breakthrough
Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone, thanks to the power of 2,011 validator notes. Also, these transactions were completed in an average of 3,448seconds.
23.09 / 23:49
Blockchain
CoinMarketCap
Browser
EGLD investors may finally get a win, is Elrond’s latest development the reason
Elrond [EGLD] recently took its “new internet” blockchain mission by securing a partnership with Opera. Daniel Serb, head of business development for Elrond, released a statement related to the same. He stated that the collaboration was a move to grant users of the multi-platform browser access to its blockchain and Decentralized Applications (DApps).
23.09 / 16:43
markets
Ripple
XRP
SEC
XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?
XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC).
23.09 / 14:39
UPS
Ethereum
ETH
Bears
As Ethereum Classic stands up for grabs, bears choose ETC for their next feast
Ethereum Classic [ETC] has been bearing the brunt of the much-awaited ETH Merge. Echoing the sentiment of bears, it is expected that the price of ETC will take a down swing considering its current performance. However, even with ETC’s declining volume and marketcap, ETC witnessed a spike in its social media dominance and sentiment.
23.09 / 10:51
Dogecoin
BLOCK
Doge
DOGE’s >7 billion market cap may be obstructing a bullish comeback as per…
Financial guru and wealth management expert, Michael Gayed, was of the opinion that Dogecoin’s [DOGE] current market is an obstacle to reviving the bull market. According to him, a $7 billion market cap for the meme cryptocurrency should not be existing in a bear market condition.
23.09 / 06:33
UPS
Platform
CoinMarketCap
Will Algorand’s decentralization stimulant drive ALGO to achieve new highs
Algorand [ALGO], as of 22 September, was able to outperform most of the cryptocurrencies thanks to the recent “State Proofs” activation. At press time, ALGO was 12.74% up as it rallied to $0.3578 per CoinMarketCap data.
22.09 / 20:47
Ethereum
ETH
MET
ETH’s upsetting post-Merge performance could have a lot do with this one factor
Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a drop below the $1,220 support. Various narratives such as “sell the news” began surfacing soon after the Merge went live.
22.09 / 18:07
UPS
Ripple
XRP
SEC
alt
XRP: Can this latest achievement push the alt past the $1.38 mark
The prices of most crypto assets saw a haunting picture over the past week. Although a few cryptocurrencies did see some social interest in them surge as traders are seemingly looking to get involved. XRP, the #6 largest token is one on the list despite the ongoing regulatory hiccups with the SEC.
22.09 / 18:07
Lowe's
CryptoQuant
Bitcoin
Bitcoin [BTC] investors looking for relief might get some after reading this
Bitcoin [BTC]’s performance has been sluggish lately as the king coin failed to register upticks during the past few weeks. BTC’s seven-day chart was painted red as its value decreased by more than 7%.
22.09 / 05:21
BTC
Progressive
Bitcoin
Support
Polygon [MATIC] embarks on a downward move, watch out for this support level
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
22.09 / 00:13
BLOCK
Binance
surges
Cardano: Surges, supports, and everything untold amid upcoming Vasil upgrade
With the Cardano [ADA] Vasil hard fork billed for 22 September, quite a few interesting things have been happening. Few weeks after its launch, Aada, a lending protocol on the Cardano mainnet, increased in a way no one could have predicted.
21.09 / 20:43
Provident
Tether
USDT
Bitcoin
Tether: Bitcoin inflation probe takes new turn; can USDT withstand the pressure
Tether [USDT] seems to have returned to hitting the rocks. In a new development, a New York court ordered Tether to provide its financial records to prove its innocence in a case that saw it cost crypto traders over $1 trillion.
21.09 / 11:39
Blockchain
Platform
CoinMarketCap
network
Solana’s network activity stats in Q2 can help you in your trading
Solana, house to leading projects such as Serum, Mango Markets, StepN, Magic Eden, and Star Atlas, has seen tremendous ecosystem growth in the last month.
21.09 / 08:17
UPS
Progressive
Q4
Aave Protocol: A rising whale inclination could do this for AAVE in Q4
Aave [AAVE] has been on the receiving end of a large amount of whale interest sincethe past few months. Multiple collaborations in the DeFi and banking sector could be the reason for this new-found interest. Furthermore, an increase in V3’s TVL could drive whale interest.
21.09 / 02:19
Ethereum
BTC
Lowe's
Bitcoin
Bitcoin’s fragility of the moment has affected this BTC HODLer motto the most
Bitcoin [BTC] can be considered as one of the worst hit tokens since the Ethereum [ETH] Merge last week. The token even dived to its three-month lows since last week as it crashed to below $18,500. However, at the time of writing, BTC did witness a major uptick as the price surged by 4.7% to stand at $19,400. Despite climbing back above $19,400, the sentiment around BTC looks negative.
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