Core

Polkadot, an interoperable blockchain, continues to build. Less than a month after launching Agile Coretime, the first core was bought for 69 DOT over the weekend. This purchase is a significant milestone for the modern blockchain that’s been pushing to attract more users and developers on its rail by making block space accessibility easier and more flexible. Polkadot Coretime Purchased For 69 DOT According to on-chain data from the Coretime Hub, one core was bought for 69 DOT out of…

The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according to expectations at 0.2% month-over-month (MoM), and 2.5% year-over-year (YoY) for August 2024. However, core CPI (MoM) printed 0.3%, slightly higher than the 0.2% forecasted…

The post Meme Tokens Drain Solana: Price Drops 20% as Investors Flee Core Ecosystem appeared first on Coinpedia Fintech News Solana (SOL) is facing uncertainty as its price, currently around $128, has dropped by 20% over the past 11 days. A key reason for this decline is the flood of meme token launches on the platform, which coincided with Solana’s price stagnation. Instead of driving user engagement and boosting transactions, these meme tokens drained focus and funds from Solana’s core…

Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community.  The new Sonic Labs is poised to continue Fantom’s legacy as four core proposals are now underway for the eventual release of the Sonic mainnet. If passed, the proposals will provide users and developers with a…

The post U.S. Inflation Reaccelerates: Core PPI Hits Highest Level Since 2022, What It Meant For Crypto  appeared first on Coinpedia Fintech News Recent data indicates that U.S. inflation might be on the rise again. New figures reveal that the Producer Price Index (PPI) has increased, reaching levels not seen in the past 15 years. As inflation starts to rise again, it could impact various financial markets, including cryptocurrencies. Core PPI Inflation Rises Sharply In June, core Producer Price Index…

Bitcoin developers discovered a major bug in the source code, but this is no longer a threat. With developers and node operators running smoothly after upgrades, a BTC price rebound is imminent. Senior Bitcoin (BTC) developers have finally disclosed critical Core software bugs hidden for years. These developers have kept patched security holes that prevented hackers from exploiting those vulnerabilities under wraps for years until now. Bitcoin Core 0.21.0 Unveiled As a reminder, Aaron van Wirdum announced the release of…

Core DAO’s new Dorian protocol boosts the BTCFi ecosystem with yield-first money market features. Core DAO’s strategic innovations drive significant market recovery and investor interest. This Sunday the crypto market stays in a green zone, thereby sustaining the efforts at recovery started yesterday. As some tokens exhibit encouraging development, investors and traders are hopeful, hence strengthening belief in the robustness of the market. Core DAO (CORE) Token Seizes Investor Attention With an amazing price spike, the token from Core DAO…

The cryptocurrency market is currently in high spirits and Cardano (ADA) and Raboo are riding this bullish trend to the moon. The performance of both cryptocurrencies has been encouraging and has successfully garnered the attention of investors and analysts. Adding to the excitement, Core has announced a new Exchange-Traded product (ETP), further energizing the investment community. This development promises to broaden crypto asset access for seasoned and novice investors. Continue reading as we discuss how these trends shape the cryptocurrency…

Chromia’s MVP launch will initiate several core functions of its native token $CHR including staking, paying fees and rewards on the mainnet chain.  Layer 1 relational blockchain Chromia is set to launch its minimum viable product (MVP) mainnet early next month – July 16 being the prospective date set. This will coincide with the launch of its relational blockchain network, also set to go live co-currently.  Chromia, developed by blockchain tech company ChromaWay, is a layer 1 blockchain that records…