Kadena blames ‘market conditions’ as founding team exits, tanking token
The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network immediately....
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Whales Accumulate Millions in ADA as Bearish Momentum Persists, Can Cardano Repeat Its 60% Rally?
Cardano (ADA) slipped about 4% to $0.64, trading below the 20-, 50- and 200-day moving averages ($0.735, $0.804, $0.741), a setup that keeps short- and medium-term pressure tilted lower. Even so, on-chain flow shows whales accumulating roughly 200 million ADA as developers push fresh upgrades. However, fundamentals have brightened...
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Institutions Exit Bitcoin In Large Tranches, Ethereum, Solana And XRP See Massive Buy-Ins
New reports reveal that institutional investors are pulling out of Bitcoin (BTC) and now moving funds into Ethereum (ETH), Solana (SOL), and XRP. According to a new CoinShares report, ETH, SOL, and XRP are seeing strong inflows as investors take advantage of price dips, even as BTC experiences one...
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54,470,000 LINK Bought at $16: Major Support Zone Forms
Recent data shows that Chainlink (LINK) has established strong buyer interest around the $16 level. On October 19, more than 54.47 million LINK were acquired, according to a cost basis heatmap shared by Ali Martinez. At press time, LINK was trading at $18, with a 24-hour decline of 5%...
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Ripple-Backed Evernorth Raises Over $1 Billion for Institutional XRP Exposure
Evernorth Holdings Inc., a newly formed Nevada corporation that aims to enable institutional adoption of Ripple (XRP), has officially launched and entered a business combination agreement with Armada Acquisition Corp II, a publicly traded special purpose acquisition company (SPAC). The company said it will combine public market access with...
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Crypto’s ‘Decentralized’ Illusion Shattered Again by Another AWS Meltdown
The October AWS outage took down some of crypto’s most prominent companies and networks. Many in the community pointed out their lack of decentralization....
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700% Gains! How I Picked IREN Stock & You Can Too! #shorts
Discover how finding a company that aligns with values and holding long-term can lead to significant gains. The video highlights the benefits of buying undervalued stocks and holding them for over a year. #investing #stocks #buyandhold #financialgrowth...
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Kadena shuts down operations as token plunges 50%
Kadena halts all operations and blockchain maintenance, citing market turmoil that sent its token plunging 50%. The post Kadena shuts down operations as token plunges 50% appeared first on Crypto Briefing....
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Solana Lands Major Win As Exodus Announces Common Stock Tokenization Initiative On Chain – Details
Solana’s price action is not the only reason the leading network is in the spotlight in the ongoing market cycle. The blockchain has been seeing robust activity lately, allowing it to gain notable traction in the financial sector. An example of its growing recognition in the financial landscape is...
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Aave Quietly Dominated Ethereum Money Lending This Bull Run: When Will AAVE Price Pump?
Aave has established itself as the most significant money market in the Ethereum ecosystem, without naming itself, with approximately $ 25 billion in loans in its active portfolio. By October 21, the decentralized lending protocol had almost 1,000 daily distinct borrowers and had over $ 25 billion in outstanding...
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