Development

Cardano’s weekly report details exciting updates cutting across all areas with the ecosystem recording 169 projects, 1397 project buildings, and 9.96 million native tokens.  According to the report, the consensus team reviewed the first draft of the Peras innovation.  Cardano’s (ADA) incredible ecosystem advancement continues with its Weekly Development Report detailing major updates across core technology, wallets, scaling, Education, etc. The report, dated May 3, highlighted the launch of 169 projects and 1397 project buildings within the week. On top…

While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant GitHub activity and averaging their daily activity over the past 30 days. According to Santiment, analysts obtained the projects’ GitHub activities from their repositories through…

London, United Kingdom, May 2nd, 2024, Chainwire AI-powered Telegram trading bot, Bitbot, has surged past the $3M mark in its presale after outlining its updated product offering. Bitbot now includes a layer of AI development on its blockchain analysis tool, Gem Scanner. The project has hurtled into stage 12 of its short 15-stage presale due to end this quarter, at which point the BITBOT token will be unleashed upon the open market.  The Bitbot community now numbers over 140k, with…

After showing signs of recovery early this week, Polkadot (DOT) traded below $7 again as it failed to reach a critical resistance level.  Polkadot failed to move past the 20-day SMA, a key resistance level and is back trading below $7. $DOT showed early signs of recovery early this week after a successful weekend saw the coin trading above $7. Polkadot further saw a decline in developer activity, possibly fueling its downward trend.  $DOT Looses Partial Recovery A mere week…

The post Shiba Inu Raised $12M for Their Blockchain Development: Now What? appeared first on Coinpedia Fintech News Shiba Inu is stirring the market hope high as it has successfully raised $12 million through the sale of its unreleased token, TREAT, to non-U.S. venture capital investors. This is a major step towards bringing privacy-focused Layer 3 blockchain to the masses.  And the best part? Some of the most notable investors in the game are backing this project. Notable investors in…

TL;DR After hitting a record high of around $73,800, Bitcoin (BTC) experienced a sharp correction to nearly $60,000. Despite the downturn, the upcoming halving on April 19 might trigger a bull run. Ripple is gearing up for a trial against the US SEC set for April 23. This legal battle continues to capture attention, with significant updates expected soon. Despite a recent 22% drop in its market value, Shiba Inu (SHIB) shows signs of potential recovery. Factors such as an…

TL;DR Ripple’s long-standing lawsuit with the US SEC is approaching a critical pretrial conference on April 16 that may hint at a potential settlement. Analysts speculate that a favorable outcome for the firm could trigger a significant price rally for XRP, reflecting positive responses to previous partial court victories in 2023. The Upcoming Development The lengthy legal spat between Ripple and the United States Securities and Exchange Commission (SEC) is nearing its final chapter, with a grand trial scheduled for April 23.…

The post Cardano Lack Of Development Means Investors Will Rotate To Fresh New Projects appeared first on Coinpedia Fintech News As Cardano development progress lags in Cardano news, investors increasingly look to fresh, innovative projects like Octoblock for promising opportunities. The lack of meaningful advancements and delays in Cardano’s roadmap has prompted a shift in investor sentiment, with many seeking new avenues for growth and potential returns. Cardano News and Implications On The Cryptocurrency Market The Cardano price significantly declined…

Cardano is introducing an upgrade that could boost developer’s interest across the board. This upgrade which features message signing is the latest play in Cardano’s evolutionary journey. Cardano (ADA), a popular blockchain platform is preparing for a key development upgrade that could propel its developer experience by ten times. This upgrade, which focuses on scripts to sign on-chain Messages, has the potential to increase the network’s efficiency and usefulness in comparison to its main competitor, Ethereum (ETH). Contrary to Ethereum,…