The Ethereum market has been witness to a buying spree by whales, indicating their unwavering support for the king of altcoins. These large-scale purchases have surged in recent weeks, as on-chain data from Santiment reveals that Ethereum’s largest private wallets currently hold a record-breaking 56.25 million ETH, comprising 46.8% of the crypto’s total circulating supply.
In the ever-evolving world of cryptocurrencies, one altcoin has managed to defy expectations and captivate the market with its remarkable rise: Akash Network (AKT). Over the course of just one year, AKT experienced an astonishing surge, with its value skyrocketing by over 1,400%. This incredible performance not only highlights the resilience and strength of the
Solana co-founder Anatoly Yakovenko recently expressed confidence in the ability of their blockchain to handle the growing demand for decentralized applications (dapps) without relying on layer-2 solutions like those employed by Ethereum. Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables the blockchain to scale efficiently without the need for additional layers.
Celestia (TIA) has experienced remarkable growth since its launch on the Osmosis platform. Despite the inherent fluctuations in the crypto market, TIA has managed to increase its valuation multiples and has become actively traded across numerous exchanges. Backed by solid market demand, significant trading volumes, and a dedicated community, Celestia has exceeded expectations. Recently, the
With the advent of big data, artificial intelligence (AI) has emerged as a game-changing technology, revolutionizing various industries. The finance sector, in particular, has witnessed the transformative power of AI algorithms in unlocking valuable insights from massive amounts of market information. As AI continues to reshape financial services, it has the potential to democratize access
Australia’s Assistant Treasurer Stephen Jones has expressed concern over the Australian Securities Investment Commission (ASIC) for failing to issue warnings to consumers regarding the potential dangers of the HyperVerse crypto scheme. This article will delve into the reasons behind ASIC’s inaction and shed light on the implications of this oversight. Upon reviewing the recent Guardian