Blockchain

XRP’s social dominance increased sharply, but a few XRPL metrics were declining.  XRP’s on-chain metrics looked bullish, suggesting a further price uptick. Santiment’s latest tweet revealed that Ripple’s [XRP] social dominance has skyrocketed, reflecting its popularity in the crypto space. The credit for this surge can be given to XRP’s price action, as it registered
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Ripple’s [XRP] performance has been subdued since the U.S. Securities and Commission [SEC] lawsuit in 2020. In fact, since the case, Bitcoin’s [BTC] subsequent price rallies haven’t pumped XRP like other altcoins.  However, XRP outperformed BTC on weekly charts at press time, rallying 15% compared to BTC’s 5%, according to CoinMarketCap. The impressive performance was
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Chainalysis recently revealed that crypto scammers adapted to the crypto winter by switching tactics. Scammers moved away from investment scams and employed romance and giveaway scams after Terra’s collapse. Blockchain analytics firm Chainalysis recently hosted a webinar that inspected crime trends in the crypto market during the crypto winter. The data gathered by Chainalysis revealed
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Nigeria witnessing increased CBDC adoption nearly 18 months after launching its national CBDC amid an acute cash crisis. The value of eNaira transactions has increased to 22 billion nairas ($47.7 million). Nigeria is witnessing an increased Central Bank Digital Currency [CBDC] adoption nearly 18 months after launching as national fiat reserves face shortage. The central
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Aptos’ TVL has notably reduced despite high expectations. The project has performed well with respect to NFTs and token value. When Aptos’ [APT] Mainnet went live on 17 October 2022, there was an array of excitement in the crypto community. At the time, the ecosystem was battling with several downsides but the project’s offer to
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Interest in LSD declines, Lido protocol sees some turbulence LDO prices surge, however, metrics projected a pessimistic outlook The larger staked ETH market has started to reflect regulatory concerns, according to new data. Over the past few weeks, the overall amount of ETH staked through liquid staking derivatives has declined too. Read LDO’s Price Prediction
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