Tomiwabold Olajide Cardano networking layer might be found to be eight times more decentralized than networking layer of Ethereum According to crypto researcher Sooraj, the Cardano networking layer might be found to be eight times more decentralized than the networking layer of Ethereum. In a thread of tweets, Sooraj highlights how he arrived to this conclusion. Currently, #Cardano has a MAV of 24, and #Ethereum has a MAV of 3 This shows that the #Cardano networking layer is eight times… Source link

Bitcoin was consolidating to start the weekend, as prices once again fell below $17,000. The move comes as traders continued to digest the latest U.S. nonfarm payrolls report. Ethereum was also marginally lower in today’s session, with price dropping below a key resistance point. Bitcoin Bitcoin (BTC) was consolidating to start the weekend, following the U.S. nonfarm payrolls (NFP) report. Figures yesterday showed that 263,000 jobs were added to the American economy, better than the… Source link

The Bitcoin (BTC -0.12%) bears are out in force. With the digital currency trading around $16,900, fears of more FTX contagion, recession, inflation, and China geopolitical risk could push it down past $15,000. Understandably, even the most die-hard buy-the-dip Bitcoin investors are getting concerned right now. Right now, $16,900 represents a significant retreat from a previous support level of $20,000 that Bitcoin maintained over the summer. So far, so good. As long as you’re buying it… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The second-largest cryptocurrency in the world, Ethereum (ETH), has had a significant rebound after experiencing intense selling pressure over the previous weekend.  According to on-chain data, the number of active Ethereum addresses on 2 December rose to its highest level in six weeks. The price of ETH… Source link

Compared to Litecoin (LTC) and Shiba Inu (SHIB), Flasko (FLSK) Will Be A More Promising Cryptocurrency Investment by Market Trends December 3, 2022 There’s a bit of uncertainty amongst crypto investors about a successful investment for 2023, as major cryptos like Litecoin (LTC) and Shiba Inu (SHIB) had begun unexpected dipping before we entered 2023. Flasko, on the other hand, proves to be an amazing investment opportunity for 2023. Litecoin (LTC) Is Having Trouble One of the first… Source link

3 High-Growth Cryptos Worth Buying Into 2022: Monero (XMR), Cardano (ADA), and Flasko (FLSK) by Market Trends December 3, 2022 Picking a winning and profitable crypto investment in the coming years is a tall task because this recent crypto winter has obliterated the market capitalization of even the most prominent, even “too-big-to-fail” tokens. Not surprisingly, investors are anxiously trying to choose a good crypto investment for the coming year with serious profit-making potential…. Source link

Interest in cryptocurrencies is high; it is a hot topic among users and in popular culture. However, the industry is still young and developing. Long-term forecasting is challenging, but industry professionals will soon watch developments like institutional acceptance of cryptocurrency payments and regulation to try and gain a better understanding of the business. Cryptocurrencies like Big Eyes Coin (BIG), Aave (AAVE), and Litecoin (LTC) keep improving… Source link

This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350 and $1,550. The crypto market has been filled with FUD (fear, uncertainty, and doubt) in the past weeks following the FTX crisis. Crypto investors are left speculating whether to buy or sell holdings as assets plunged deeper. For example, reports… Source link

The Bitcoin “delta price,” which has acted as the bottom during previous cycles, may once again hold the answers for a cyclical low this time as well. Bitcoin Delta Price Currently Has A Value Of Around $12.8k As pointed out by an analyst in a CryptoQuant post, BTC might still fall more in value before a bottom turning point is reached. Before looking at the concept of the “delta cap” (which the delta price comes from), two other popular capitalization methods of Bitcoin need to be… Source link

Two under-the-radar, Ethereum-based (ETH) altcoins are surging this week while much of the crypto market tracks sideways. Mask Network (MASK), a project that aims to bring Web3 features to social media platforms like Twitter and Facebook, is trading at $3.97 at time of writing. The 119th-ranked crypto asset by market cap is up by more than 47.5% in the past seven days and more than 3% in the past 24 hours. Ribbon Finance (RBN), a suite of DeFi protocols that aims to help users… Source link