Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why
Ethereum (ETH) staged a strong recovery from recent losses, tracking a broader gain in crypto markets.
Ethereum (ETH) staged a strong recovery from recent losses, tracking a broader gain in crypto markets.
As stated by a tweet posted by the user, “BabyDoge support,” the amount of wallets holding these small-cap canine tokens has increased by roughly 200,000 since February of this year.
As stated by the notice, any crypto-related transactions in China are considered illegal, and this is also valid when an offshore exchange provides services to a Chinese national.
LUNA 2.0 price is consolidating below the midpoint of the recently formed trading range after the airdrop from last Saturday
Lately, Asheesh Birla, General Manager of RippleNet, at Californian FinTech firm Ripple, spoke to journalist Kathy Chu, who is currently Senior Crypto Correspondent at news organization TruthDAO.
On Sunday (May 29), Charles Hoskinson, Co-Founder, and CEO of Input-Output Global (“IOG”), the company responsible for Cardano’s research and development, took a closer look at 24-hour transaction volumes across major blockchains.
Data from the tracking platform Shibburn reveals that past week over 2.41 Billion tokens of the dog-inspired cryptocurrency Shiba Inu (SHIB) was burned with nearly 236 separate transactions.
Investors and users who wish to bridge their USDC from the Ethereum blockchain to Cardano can now do so through Milkomeda. The user bridges Ethereum-based USDC to Milkomeda and then transfers it to Cardano as Cardano Native Asset.
Shiba Inu whales have been more active in the last 24 hours, as stated by IntoTheBlock data, with a 122% spike in large transactions.
As stated by “ADA whale,” a Cardano community-focused Twitter account, Cardano remains one of the few coins that comes close to Bitcoin’s distribution and inflation. He also feels that ADA could become a highly scarce asset at some point in the future, as it may follow a BTC-like path.