AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program
Panama City, Panama, May 2nd, 2024, Chainwire AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications,…
Year: 2024
Jito Claims Top Spot as Largest Solana Protocol with $1.4 Billion TVL
Jito, a liquid staking and MEV infrastructure project on Solana, has cemented its position as the largest protocol within the…
Runes Boom Fuels Bitcoin Network Congestion, Ushering in a “Bitcoin L2 Summer”
The recent surge in popularity of Runes, a new Bitcoin token standard for creating fungible tokens, has caused a significant…
Friend.tech’s Controversial Airdrop: Non-Transferable Tokens and a Potential Cash Grab?
Decentralized social media platform Friend.tech is gearing up for its v2 launch and airdrop on May 3rd, but a leaked…
XRP Clings to $0.50 Support as Downtrend Continues: Japan Partnership Offers Glimpse of Hope
Ripple (XRP) managed to hold above the crucial $0.50 support level on Wednesday, despite facing a downward trend that has…
Fed Holds Rates Steady, Bitcoin Bounces as Rate Cut Hopes Fade
The Federal Open Market Committee (FOMC) delivered a widely anticipated decision today, maintaining the benchmark federal funds rate at 5.25-5.50%.…
Why Shiba Inu (SHIB) Dipped 20%: Bitcoin Halving Hype Fizzles as Macro Factors Take Hold
Shiba Inu (SHIB) has experienced a disappointing price run since the highly anticipated Bitcoin halving, dropping nearly 20% in the…
Is the Bull Run Over? Bitcoin Suffers Deepest Retracement (-23%) Since November 2022 as ETF Outflows Intensify
Bitcoin’s post-halving rally has hit a snag, experiencing its deepest retracement since November 2022, dropping a concerning 23%. Analysts point…
Cardano Tumbles Below $0.43: On-Chain Data Reveals DeFi as Culprit for 35% April Drop
Cardano (ADA) experienced a turbulent April, mirroring the broader crypto market’s cautious stance following Bitcoin’s halving. Despite the community’s optimism…
Binance Burns 1.7 Billion LUNC in May, Leading the Terra Classic Revival
Binance, the leading cryptocurrency exchange, has executed its May Terra Classic (LUNC) burn, sending over 1.7 billion tokens to oblivion…