Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens have also dropped sharply over the past 24 hours….
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The global cryptocurrency market is in a bloodbath, with the total crypto market cap down over 12% from yesterday and the market cap of DeFi coins down more than 13%. Bitcoin fell more than 16%, breaking the yearly low in June and setting a new low of $17,114. Similarly, FTT fell by more than 85% before recovering to trade above $2.
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Calvaria: Duels of Eternity is a brand new play to earn game that is taking the world by storm, having now completed the third of ten stages in its presale and raised over $1.5m. Calvaria is an entire Web3 gaming ecosystem that allows players to collect and trade NFTs in card games against one another, and to earn rewards in the native currency, RIA, for doing so.
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Peer-reviewed blockchain network, Cardano, is one of the crypto market’s strong performers. The smart contract network has retained several investors’ interest and currently ranks as one of the top 10 most valuable blockchain projects. Meanwhile, Cardano’s utility token, ADA, has regained the $0.41 price peg in the past 24 hours. Can it retain this current value?
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A decision by the peer-to-peer payments company MoneyGram to allow users in the US to buy, sell and hold litecoin (LTC) and other cryptocurrencies could push the litecoin price up by more than 10x, some believe. The news that MoneyGram will offer litecoin to its users broke on Wednesday this week, when the payments company called cryptocurrencies “additive to everything we’re doing at MoneyGram,” and said users in nearly all US states will now be able to trade them….
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The Terra Classic (LUNC) coin was unable to halt its previous long downward rally and fell precipitously around the $0.000221 mark. Terra Classic is one of the few major cryptocurrencies that did not gain traction in the previous month. The reason for its recent downward rally, however, could be attributed to the recent filing of another lawsuit against Do Kwon, the co-founder of Terraform Labs….
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Shiba Inu price has seen a huge rally in the past week off the back of memecoin-related hype. The SHIB coin has increased by 5.74% in 24 hours and is up more than 30% in the past week. The recent rally in meme coins is likely due to the recent takeover of Twitter by Elon Musk, with speculation about a potential integration with Dogecoin.
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Shiba Inu has jumped 14.6% to $0.00001231 at the time of writing. The meme coin is one of the top gainers among the top 20 largest cryptocurrencies by market cap. Over the past week, SHIB has gained by around 22%. Shiba Inu is following a similar trend seen with most meme coins over the past few days.
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With the DOGE price hitting $0.10 today and BTC holding well around $20 - $21k, all eyes are on cryptocurrency - what’s the best crypto to buy now? Here’s a rundown of what some of the best crypto traders on Twitter are tipping to be the next tokens to pump for those that missed out on the Dogecoin price action.
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Users won’t be able to temporarily use 0x (ZRX), Basic Attention Token (BAT), Maker (MKR), and Yearn Finance (YFI) on Compound now….
Continue reading on https://decrypt.co/112830/compound-unanimously-votes-pause-activity-4-cryptocurrencies
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