Olivia Brooke, Autor bei Crypto News Flash https://www.crypto-news-flash.com/author/olivia-brooke/ Mon, 06 Feb 2023 19:57:05 +0000 en-US hourly 1 https://www.crypto-news-flash.com/wp-content/uploads/2021/04/cropped-favicon_128-32x32.png Olivia Brooke, Autor bei Crypto News Flash https://www.crypto-news-flash.com/author/olivia-brooke/ 32 32 Bloomberg: Polygon massive investment opportunity, Ethereum to flip Bitcoin due to huge adoption wave https://www.crypto-news-flash.com/bloomberg-polygon-massive-investment-opportunity-ethereum-to-flip-bitcoin-due-to-huge-adoption-wave/?utm_source=rss&utm_medium=rss&utm_campaign=bloomberg-polygon-massive-investment-opportunity-ethereum-to-flip-bitcoin-due-to-huge-adoption-wave Mon, 06 Feb 2023 17:42:19 +0000 https://www.crypto-news-flash.com/?p=234575 Bloomberg recognizes Polygon Blockchain as the outstanding technology that it is. Bloomberg also predicts Ethereum outperforming Bitcoin in the long term.  Polygon is a blockchain that has stamped its mark in the industry. Bloomberg, according to its most recent report, is recognizing Polygon for its noteworthy growth and increased adoption so far. Mike McGlone, the [...]

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  • Bloomberg recognizes Polygon Blockchain as the outstanding technology that it is.
  • Bloomberg also predicts Ethereum outperforming Bitcoin in the long term. 

  • Polygon is a blockchain that has stamped its mark in the industry. Bloomberg, according to its most recent report, is recognizing Polygon for its noteworthy growth and increased adoption so far.

    Mike McGlone, the Senior Macro Strategist at Bloomberg, posted a recent report that goes over Polygon’s notable performance in the last few years.

    Polygon has been recognized by Bloomberg, for its ability to scale a variety of decentralized applications. Polygon has surpassed its long-standing rival Ethereum, to host most dApps this year. Bloomberg reported.

    Of the entire worldwide blockchain economy, Polygon has the third-largest ecosystem for decentralized apps (dApps). Many of the most popular DeFi dApps on Ethereum, including Aave and Uniswap, have migrated over and are being developed on Polygon. Its 359 dApps is more than three times that of its closest L2 rival and half that of Ethereum.

    Bloomberg also recognizes that the Polygon Network has more developers than other Layer 1 alternative like Avalanche and Fantom.

    Polygon is often making headlines, for its many partnerships with some of the most valuable traditional Fintech companies in the world, and Bloomberg is rightfully recognizing this.

    In January, MasterCard tapped Polygon to launch artists into the web3 ecosystem through an artist accelerator program. Polygon has partnered with Starbucks, Nubank, Adobe, Adidas, Prada and many other global brands in recent times.

    Based on Polygon’s string of brand-name partnerships in 2H22, this year could be the year of mainstream NFT adoption. The explosion in active users on the network stemmed from several blockbuster corporate partnerships struck by the company behind the network, Polygon Technology..

    Bloomberg; Ethereum will overthrow Bitcoin

    Bloomberg is also predicting that there will be higher asset prices and higher volatility. This will then result in cryptocurrencies facing their first real recession.

    The inception of Bitcoin came during the last economic recession in the United States. Bloomberg is of the opinion that a similar milestone will be experienced, as the economy takes another turn. However, there is no telling how much loss would be recorded in the market before gains are sustained in the future.

    Bloomberg perceives a resting bull market between Ethereum and Bitcoin, which it refers to as digital gold. According to Bloomberg‘s galaxy crypto index, there has been a steady Ethereum/Bitcoin rate since the 2021 peak.

    This is suggesting that digital assets are moving towards a mainstream strong audience. Once “the dust settles from some revision in risk assets“, Bloomberg is certain that Ethereum is going to outperform Bitcoin.

    Der Beitrag Bloomberg: Polygon massive investment opportunity, Ethereum to flip Bitcoin due to huge adoption wave erschien zuerst auf Crypto News Flash.

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    Cardano: New innovation helps to grow ADA ecosystem in billion-$-market with ease and efficiency – Report https://www.crypto-news-flash.com/cardano-new-innovation-helps-to-grow-ada-ecosystem-in-billion-market-with-ease-and-efficiency-report/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-new-innovation-helps-to-grow-ada-ecosystem-in-billion-market-with-ease-and-efficiency-report Mon, 06 Feb 2023 15:47:25 +0000 https://www.crypto-news-flash.com/?p=234421 Cardano Network has rolled out the Dandelion API, designed to help Cardano developers with seamless access to the Cardano blockchain.  Asides from being open source, Dandelion API by default comes with tons of benefits for developers including cost-effectiveness, among others.  Cardano has just rolled out a game changer for developers, and has dubbed it as [...]

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  • Cardano Network has rolled out the Dandelion API, designed to help Cardano developers with seamless access to the Cardano blockchain. 
  • Asides from being open source, Dandelion API by default comes with tons of benefits for developers including cost-effectiveness, among others. 

  • Cardano has just rolled out a game changer for developers, and has dubbed it as the “Dandelion API”.  SooRaj, a Cardano educator has taken Twitter to detail the structure and use cases of Dandelion API.

    The Dandelion API is made up of a handful of APIs. They are designed for the sole purpose of simplifying smart contracts and dApps development processes.

    The Dandelion API is a developer’s dream. The tool will help developers on the Cardano network to work effortlessly while being more efficient, but there’s more. Sooraj noted.

    Dandelion API offers 2 different paths for developers to get started : A hosted instance of every available Cardano API offered as a free community service by gimbalabs and an open-source project to deploy the community service using Kubernetes (a container orchestration tool).

    Developers can immediately begin prototyping thanks to the hosted instance. And they can also use the same open-source code developed by the IOG community.

    The Dandelion project is supported by the collaborative platform Gimbalabs, and gives devs access to different layers of Cardano, by providing a large pool of APIs. Devs can use the APIs for different types of dApps and light wallets.

    Some of the API’s offered by Danelion are Ogmios-API, Cardano explorer-API, and Cardano GraphQL-API. Others include Cardano-rest/submit-API, Cardano-db-sync/postgrest-API, and Rosetta-API.

    GraphQL-API is made so that developers can gather composed information and send signed transactions to the blockchain. Cardano explorer-API and Cardano-rest/submit-API help to aid the collection of basic information from the blockchain. Devs can collect Live blockchain info from a Cardano node instance using the Ogmios-API.

    Developers can gather information directly from the blockchain and perform SQL queries, using the Cardano-db-sync/postgrest-API.

    The benefits that come with using the Dandelion API is endless

    The Dandelion API was made so it can be accessible to developers as a free community service. Because of this reason, the API is extremely cost effective. Sooraj added in another tweet.

    Its Open-source: So, developers can access the source code, make changes, and contribute to the project. And make it even better. It gives access to a Wide Range of APIs:This allows developers to choose the API that best suits their needs.

    The infrastructure is sufficient as the APIs provided to developers are easy to use. And developers can focus solely on the business side of their decentralized applications.

    Eventually, the Dandelion project will enable ways for Dandelion Node operators to contribute to a network of Dandelion instances so that the Cardano API layer is as robust as Cardano itself.

    Sooraj said, giving insight into the future of the project.

    Der Beitrag Cardano: New innovation helps to grow ADA ecosystem in billion-$-market with ease and efficiency – Report erschien zuerst auf Crypto News Flash.

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    Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model https://www.crypto-news-flash.com/community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model/?utm_source=rss&utm_medium=rss&utm_campaign=community-awaits-elon-musk-to-push-dogecoin-again-as-twitter-launches-new-ad-share-model Sun, 05 Feb 2023 19:53:50 +0000 https://www.crypto-news-flash.com/?p=234240 Twitter’s new model rollout fuels speculation that payment integration is being accelerated.  Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally.  All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a [...]

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  • Twitter’s new model rollout fuels speculation that payment integration is being accelerated. 
  • Once payment is implemented, Dogecoin supporters are anticipating a long awaited price rally. 

  • All eyes in the Dogecoin community are now on Elon Musk. Lovers of Dogecoin are quite expectant that Dogecoin will be rewarded in due time, as Twitter rolls out a new feature.

    Part of the revenue that is generated from Twitter advertisements will soon be made available to creditors according to Elon Musk’s tweet.

    “Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads.” Elon Musk wrote in a tweet that has sent Twitter users over the moon. No further information has been shared so far, but creators are looking forward to Elon Musk and the Twitter team disclosing what the exact amount will be.

    It’s important to keep in mind that accessibility is limited and exclusive to a select few. “To be eligible, the account must be a subscriber to Twitter Blue Verified,” Slon Musk said in another tweet.

    Elon Musk has also clarified what Twitter users should expect from Twitter blue. Raising concerns about the dangers that could arise from the new development, one Twitter user asked Elon Musk about what happens to accounts that were verified before, then later signed up for Twitter blue, and later unsubscribed.

    Elon Musk who seems to think that Twitter blue cannot be trusted responded to the comment. He’s quoted saying that “Twitter’s legacy Blue Verified is unfortunately deeply corrupted, so will sunset in a few months”

    Dogecoin lovers maintain excitement for the weeks ahead, hoping that Twitter will eventually adopt Doge

    There’s been a collective expression of positivity from a lot of users since Musk made the tweet. The tweet from Musk has elicited several responses from big names.

    The likes of  Mr. Beast and other big personalities are responding positively. Lex Friedman, a well-known crypto podcast host is hopeful too. He anticipates that more important content and less drama will follow as a result.

    Creators are looking forward to the possible advantage that the new model will bring to all Twitter users. For the crypto ecosystem, this is another signal that crypto is on its way to Twitter. Once payment begins to go out to Twitter creators, fiat and other cryptocurrencies, as Elon Musk had mentioned in the past, will be added to Twitter.

    With Elon Musk being a known Dogecoin lover, the Dogecoin community is understandably eager to know when Doge finally becomes a payment option on Twitter.

    Der Beitrag Community awaits Elon Musk to push Dogecoin again as Twitter launches new ad share model erschien zuerst auf Crypto News Flash.

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    Shiba Inu price explodes by 16% as launch of Shibarium inches closer – Report https://www.crypto-news-flash.com/shiba-inu-price-explodes-by-16-as-launch-of-shibarium-inches-closer-report/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-price-explodes-by-16-as-launch-of-shibarium-inches-closer-report Sun, 05 Feb 2023 10:32:31 +0000 https://www.crypto-news-flash.com/?p=234260 Shiba Inu rose by 16%in the last 48-hours, and the reason behind it is extremely bullish.  Shiba Inu supporters might have to be even more patient as Shibarium’s launch date remains a mystery.  Saturday 4th, Shiba Inu is breaking past market limitations with ease. The memecoin is one of the most talked about in the [...]

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  • Shiba Inu rose by 16%in the last 48-hours, and the reason behind it is extremely bullish. 
  • Shiba Inu supporters might have to be even more patient as Shibarium’s launch date remains a mystery. 

  • Saturday 4th, Shiba Inu is breaking past market limitations with ease. The memecoin is one of the most talked about in the industry, and the reason why is more and more evident each day. Shiba Inu has very recently secured new gains, going up to 16% in the last 48 hours.

    Shiba Inu’s metrics on our data is showing that the memecoin and Dogecoin rival has raked in gains going above 20% in the last 7 days. Shiba Inu hit a high of $$0.00001457 earlier today. At press time, Shiba Inu’s price is sitting at $0.0000142.

    Shiba’s unparalleled run has elicited a response from David Gokhshtein, a crypto opponent who noted that Shiba Inu is seeing a meteoric rise in price.

    Shiba Inu’s performance in 2023 is quite notable among traders and investors alike. Shiba Inu, like many other altcoins in the market, was not spared by the bears last year. Shiba Inu went on to close in December 2022 with a price of $0.000008087.

    Since 2023, Shiba Inu’s gains continued to increase, and the meme coin is now close to unseating Polkadot (DOT). With a market cap of $7.83 billion, Shiba Inu could take Polkadot’s position. Polkadot is currently the 12th most valued crypto, with a market cap of $8.03 billion. With Shiba Inu’s trading volume overshadowing DOT’s, Shib could easily claim that position in the weeks ahead.

    Shibaruim’s launch is boosting Shiba Inu’s massive price pump

    The leading factor behind Shiba Inu’s sky-high rise is not at all a mystery. A close look into the market shows that the market is talking endlessly about the launch of Shibarium.

    Shibarium, the Layer 2 protocol that has been the topic of conversation among Shiba Inu fans, is a major driving force in the Shiba Inu price rally.

    Whale interest in Shiba Inu has increased over time. It appears that top ETH holders are working hard to get a piece of the pie, ahead of Shibarium’s launch.

    This is no doubt driving the price of Shiba Inu. The interest in the memecoin after the launch of Shibarium could surge as a result. More investors might also enter the Shiba Inu market, and send prices even higher.

    However, the Shibarium upgrade might be delayed yet again. The market anticipated that the launch would go down on February 14th. This was after the lead developer of the project Shytoshi Kusama.

    Kusama changed his bio, saying he would “put Shibarium in a heart-shaped box with a bow.” The post has since been wiped off his bio and Shib fans remain expectant for the upcoming weeks.

    Der Beitrag Shiba Inu price explodes by 16% as launch of Shibarium inches closer – Report erschien zuerst auf Crypto News Flash.

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    Ripple XRP price to go 10x after win over SEC and this future tech billion-$-market of tokenization – Report https://www.crypto-news-flash.com/ripple-xrp-price-to-go-10x-after-win-over-sec-and-this-future-tech-billion-market-of-tokenization-report/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-xrp-price-to-go-10x-after-win-over-sec-and-this-future-tech-billion-market-of-tokenization-report Sun, 05 Feb 2023 05:27:13 +0000 https://www.crypto-news-flash.com/?p=234285 Ripple’s XRP ledger is paving the way for tokenization for a variety of valuable assets.   Tokenization is gaining more popularity and XRPL can benefit from it if growth is maintained. Ripple’s use of tokenization will be of major benefit to its network and native token. Tokenization will be in demand for its ability to track [...]

    Der Beitrag Ripple XRP price to go 10x after win over SEC and this future tech billion-$-market of tokenization – Report erschien zuerst auf Crypto News Flash.

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  • Ripple’s XRP ledger is paving the way for tokenization for a variety of valuable assets.  
  • Tokenization is gaining more popularity and XRPL can benefit from it if growth is maintained.

  • Ripple’s use of tokenization will be of major benefit to its network and native token. Tokenization will be in demand for its ability to track asset ownership using Blockchain technology.

    $1 trillion is the value tokenization it is expected to hit in 2024. That value is expected to surge to $10 trillion by 2028.

    Tokenization still has some barriers to demolish. Adoption is slow, but demand across big financial top-dogs is increasing.



    Ripple’s XRP Lenger (XRPL) was the first blockchain to aid tokenization for a large number of assets. These assets include stablecoins, NFT tokens, and other cryptocurrencies like Bitcoin and Ethereum. The USD, Euros, gold, and even stocks can be tokenized, thanks to XRPL.

    Although it is happening at a slower pace, XRPL is noting some big achievements on the Blockchain network. In a report recently published by Ripple, it was noted that on-chain activity on the XRPL platform was buoyant.

    The amount of transactions on the platform have skyrocketed this year. The ledger now records over a whopping 3 million to 106 million transactions.

    NFT transactions are also experiencing the same levels of growth. In the last quarter, new wallet uses totalling 228,000 were ushered into the ledger.

    Ripple also reported that Ripple has so far made a $8.4 billion purchase since the SEC lawsuit began.

    XRPL surely holds the keys to a massive price hike for XRP, should it succeed in the Crypto market.

    SEC vs Ripple; case so far

    Meanwhile, the ongoing SEC vs Ripple case is entering a crucial period. The verdict of the case is expected to influence the price and performance of XRP, either in a positive or a negative manner.

    The motions for summary judgment have already been briefed last year. All that is left for the case’s conclusion is a judge’s ruling, which the public awaits.



    There’s no specific date for when the case will eventually come to a close. But the CEO of Ripple, Brad Garlinghouse, insists that there will be an update within the first three months of 2023.

    On the other hand, attention can be given to XRP’s price movement. XRP does not seem to be holding up too well at press time. XRP spiked by 1.14% in the last 24 hrs. But XRP’s losses outweigh the gains at the moment. XRPA’s price is now $0.415.

    Der Beitrag Ripple XRP price to go 10x after win over SEC and this future tech billion-$-market of tokenization – Report erschien zuerst auf Crypto News Flash.

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    Polygon tops Ethereum for second month and launches open source developer tookit with MerokuStore https://www.crypto-news-flash.com/polygon-tops-ethereum-for-second-month-and-launches-open-source-developer-tookit-with-merokustore/?utm_source=rss&utm_medium=rss&utm_campaign=polygon-tops-ethereum-for-second-month-and-launches-open-source-developer-tookit-with-merokustore Sat, 04 Feb 2023 12:43:42 +0000 https://www.crypto-news-flash.com/?p=234046 Polygon beats Ethereum a second time, with individual NFT trades surging above $1.5 million in January.  Polygon taps Meroku to build and launch a dApp store kit. The Polygon NFT marketplaces are succeeding at a much higher pace than Ethereum’s NFT marketplace. According to new metrics shared by Dunes Analytics, Ethereum NFTs are trading at [...]

    Der Beitrag Polygon tops Ethereum for second month and launches open source developer tookit with MerokuStore erschien zuerst auf Crypto News Flash.

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  • Polygon beats Ethereum a second time, with individual NFT trades surging above $1.5 million in January. 
  • Polygon taps Meroku to build and launch a dApp store kit.

  • The Polygon NFT marketplaces are succeeding at a much higher pace than Ethereum’s NFT marketplace. According to new metrics shared by Dunes Analytics, Ethereum NFTs are trading at a lower pace than Polygon NFTs.

    In Particular, 1,514,895 Polygon NFTs were traded on OpenSea last month. Meanwhile, Ethereum NFTs traded a total of 1,132,681 NFTs on OpenSea in January.

    Polygon now shows itself to be a strong Ethereum competitor. The new victory marks the second time that Polygon NFTs has surpassed Ethereum in individual NFT sales.

    Apparently, the average Polygon NFT trader only traded 7 NFTs in November 2022. Meanwhile, the average Ethereum NFT trader traded $1,390 (3.54 NFTs)

    The Polygon NFT marketplace is evidently thriving in many ways than one. Polygon has been recording more traders as the months go by. Dunes mention that Polygon traders have reached an all-time high. 224,719 traders have now entered the platform since January 2023.

    Despite sitting behind Polygon in monthly NFT traders, Ethereum NFT trading recorded a new high of $444 million in January. This is the highest number attained since August 2022. This is all thanks to the 319,641 new traders that the platform ushered in.

    Although Dune Analytics doesn’t provide monthly transaction metrics for Solana, Solana’s NFT transaction volume and active wallet addresses are significantly lower than that of Ethereum and Polygon.

    It is also worth noting that Opensea, the leading Web3 NFT marketplace, has also seen a rise in activity since the start of the year. According to Dune’s data, Opensea’s daily trading volume is back above $10 million, after slipping below that level in November 2022.

    Polygon unveils open source developer tookit with MerokuStore

    Polygon has also partnered with decentralized app store protocol Meroku to launch a dApp store kit. The open-source software development tech stack will allow users to create their own EVM-compatible dApp store.

    Users are in charge of setting their own prices, curating, governance, branding, and distribution. Users can also upload and share projects on different platforms. Polygon remarked in a blogpost.

    DApp Store Kit is not a proof of concept. It is a working product with a registry containing over 900 dApps and running on code that is open to anyone to audit and build on.

    The product is to be rolled out in two phases, the first of which was built by Meroku, with the help of Polygon and is set to go live today.

    The second phase will focus on building out the product’s feature set with help from other community partners including XMTP.org, Etherscan, MoonPay, The Dapp List, and Wyre. Additionally, Epic League, Gamee, and GameSwift have committed to be the product’s first implementation partners.

    Polygon further explains this in the blogpost.

    Der Beitrag Polygon tops Ethereum for second month and launches open source developer tookit with MerokuStore erschien zuerst auf Crypto News Flash.

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    Cardano: More than 1,85M stablecoin Djed minted and 40,000 burned in billion-$-market – Report https://www.crypto-news-flash.com/cardano-more-than-185m-stablecoin-djed-minted-and-40000-burned-in-billion-market-report/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-more-than-185m-stablecoin-djed-minted-and-40000-burned-in-billion-market-report Fri, 03 Feb 2023 20:59:59 +0000 https://www.crypto-news-flash.com/?p=234172 Cardano’s overcollateralized stablecoin Djed’s is making waves only two days after it’s launch  Djed has achieved many milestones in a short period, including massive burn and nearly 2 million token mints.  Djed, the Cardano-based overcollateralized stablecoin, is seeing immense success since its release to the market. In a blogpost recapping the launch of Djed, it [...]

    Der Beitrag Cardano: More than 1,85M stablecoin Djed minted and 40,000 burned in billion-$-market – Report erschien zuerst auf Crypto News Flash.

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  • Cardano’s overcollateralized stablecoin Djed’s is making waves only two days after it’s launch 
  • Djed has achieved many milestones in a short period, including massive burn and nearly 2 million token mints. 

  • Djed, the Cardano-based overcollateralized stablecoin, is seeing immense success since its release to the market. In a blogpost recapping the launch of Djed, it was said that Djed has minted 1.85 million coins. A total of 40,000 Djed has also been burnt thus far.

    It has been only two days since we successfully launched Djed on Mainnet, and we are very pleased with the massive responses and participation that we have seen so far!

    COTI wrote in the medium blog post.

    Notably, Djed has launched only two days ago. The stablecoin was created with the joint effort of Cardano IOG and COTI. Not long after Djed’s launch, it attracted 27 million Cardano (ADA) tokens as backing.

    In addition, Djed has also received an 800% reserve ratio. 21M SHEN (Djed’s Reserve Coin) have also been minted, and 73K SHEN was burnt. Reserve ratio as at when the blogpost was made, was 623%.

    DJED and SHEN lands on major platforms, COTI reveals upcoming upgrades

    Both Djed and SHEN are receiving wide coverage across many media publications, since their launch. Listings on many platforms have additionally reached a sizable number.

    Djed and SHEN are now listed on major Cardano DEXs like Minswap, Wingriders, and MuesliSwap. Trading volume for both Djed/ADA and SHEN/ADA pairs is increasing on these platforms.

    CoinMarketCap also listed both assets. Bitrue, a major centralized cryptocurrency exchange has picked up both Djed and SHEN and listed them on its platform. 

    The listing, as Bitrue explained, will help to increase Djed’s accessibility to crypto users globally. It is also going to increase mainstream adoption of both assets

    Fundamental analysis platform CoinGecko and DeFi TVL aggregator DefiLlama have already unrolled Djed and SHEN to millions of users on their sites. COTI explains.

    In the coming days, we will improve the user interface, and we plan to integrate the Eternal wallet as well. In the coming weeks, we plan to progress with the roadmap, including Plutus V2, extended Djed, and multi-pool delegation which will allow delegation in multiple pools in the Cardano ecosystem.

    In the months ahead, ADA fees will be converted to COTI and moved to the treasury. COTI also details that it expects Djed and SHEN to make it to top platforms in the Cardano DeFi ecosystem. In the future, COTI says its main focus is on building and improving the product in a variety of versions.

    Der Beitrag Cardano: More than 1,85M stablecoin Djed minted and 40,000 burned in billion-$-market – Report erschien zuerst auf Crypto News Flash.

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    Will Shiba Inu’s Shibarium launch on the 14th of February? Lead developer shares updates https://www.crypto-news-flash.com/will-shiba-inus-shibarium-launch-on-the-14th-of-february-lead-developer-shares-updates/?utm_source=rss&utm_medium=rss&utm_campaign=will-shiba-inus-shibarium-launch-on-the-14th-of-february-lead-developer-shares-updates Thu, 02 Feb 2023 20:33:13 +0000 https://www.crypto-news-flash.com/?p=233772 Shiba Inu developer makes a noteworthy blog post, teasing the possible launch of Shibarium in the near term.  Will Shiba Inu’s long-awaited Shibarium upgrade launch in February?  Shiba Inu’s community members have received yet another hint that the long-awaited Shibarium update is right around the corner. In a now deleted tweet that was posted on [...]

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  • Shiba Inu developer makes a noteworthy blog post, teasing the possible launch of Shibarium in the near term. 
  • Will Shiba Inu’s long-awaited Shibarium upgrade launch in February? 

  • Shiba Inu’s community members have received yet another hint that the long-awaited Shibarium update is right around the corner.

    In a now deleted tweet that was posted on the 1st of February, Shiba Inu influencer with the twitter handle “LucieSHIB” revealed a blogpost that further teased the release of the Shibarium launch.

    In the tweet, the influencer posted a screenshot that contained an excerpt of a recent blog post titled “TEST”. The post was written by popular Shib developer Shytoshi Kusama.

    “This post is simply to test Twitter’s algorithm
    for this website in preparation for Shibarium release.” Shytoshi Kusama wrote in the blogpost.

    The blogpost which was very brief, was posted yesterday, but was later quickly erased, and has since been unavailable to the ShibaSwap blog paste, which it was posted to.

    Influencer LucileShib has mirrored other influencers and community member’s sentiments, as she states that the blogpost was in fact another tease for the Shibarium upgrade. She also added that it was likely a hint at the Alpha stage already being completed.

    This also means that the Shibarium upgrade, despite the release date not being revealed, could be launched to the public this February.

    Shibarium ; when does it arrive? And how will it affect SHIB?

    Shibarium is a layer 2 Blockchain scaling solution, which is being built to advance the workings of Ethereum ; Shiba Inu’s host chain.

    Shibarium was first proposed in May 2021, by Shiba Inu’s anonymous creator Ryoshi. Shibarium’s launch has since been teased by developers, who have yet to drop an actual release date to the Shib community.

    However, in its last tweet, the Shiba Inu network took to twitter to mention that the Shibarium Beta Network upgrade is “upcoming.”

    This is to confirm and validate, from us, the official source, that BONE is and remains the only token selected for gas fees and use. No other tokens will be necessary to operate within the protocol.

    Shiba Inu network noted in another tweet.

    It is being speculated that the launch of the Shibarium blockchain will catapult the price of Shib to a new price level. This is expected, particularly because Shiba Inu will likely gain more popularity after the launch, further making Shiba Inu a more valuable blockchain to the broader market.

    Adoption for the Shib token could hit roof levels in the future, and Shib Inu’s price will react to this positively, with a price pump.

    Der Beitrag Will Shiba Inu’s Shibarium launch on the 14th of February? Lead developer shares updates erschien zuerst auf Crypto News Flash.

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    Shiba Inu most wanted asset among top 100 Ethereum whales – Is SHIB poised for a rally to $0.01? https://www.crypto-news-flash.com/shiba-inu-most-wanted-asset-among-top-100-ethereum-whales-is-shib-poised-for-a-rally-to-0-01/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-most-wanted-asset-among-top-100-ethereum-whales-is-shib-poised-for-a-rally-to-0-01 Wed, 01 Feb 2023 20:08:01 +0000 https://www.crypto-news-flash.com/?p=233619 Memecoin Shiba Inu became the most traded asset by top 100 ETH holders in January.  Shiba Inu knocked out the PREP token to claim the position, and has now overthrown WETH this February.  Popular memecoin and Dogecoin competitor Shiba Inu is making headlines for attaining noteworthy achievements since the start of 2023. Most recently, Shiba [...]

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  • Memecoin Shiba Inu became the most traded asset by top 100 ETH holders in January. 
  • Shiba Inu knocked out the PREP token to claim the position, and has now overthrown WETH this February. 

  • Popular memecoin and Dogecoin competitor Shiba Inu is making headlines for attaining noteworthy achievements since the start of 2023. Most recently, Shiba Inu has scored another win in the cryptocurrency market, with Shib becoming the most traded token among top 100 Ethereum (ETH) wallets.

    The report comes from Crypto Twitter user Whalestats, who reveals in a recent tweet, that Shiba Inu has dethroned Perpetual Protocol (PERP), and managed to emerge the most traded token among top 100 ETH whales on the 31st of January.

    When Shiba Inu achieved this feat, data from Coinmarketcap showed that trading volume for that day was over $323 million. On the other hand, its rival Perpetual Protocol (PERP), was only recording a trading volume slightly above $ 51 million.

    Similarly, Whalesats also reported on the 1st of February that Shiba Inu has unseated Wrapped Ethereum (WETH), the ERC-20 compatible version of Ether, to become the most traded token amongst the top 1000 whales.

    The achievements have rightfully triggered a wave of excitement among Shiba Inu supporters and community members. Shiba Inu’s adoption is anticipated to skyrocket this year, with the continuous Shib burn, and the network’s continuous growth.

    Shiba Inu’s popularity rises as it reaches new milestones daily

    As more investors and traders pay attention to Shiba Inu, demand for the memecoin is rising at a meteoric pace. This has now been reflected in the holdings of the largest Ethereum (ETH) whale accounts.

    As WhaleStats reported on the 30th of January, the top Ethereum (ETH) 500 whale accounts are holding the highest amount of Shiba Inu tokens in their wallets.

    With $581,857,477 SHIB coins being held by these whale accounts as at when the report was made,  Shiba Inu dethroned seven other leading altcoins in the market, to attain this position.

    Behind Shiba Inu, are BEST, MATIC, LOCUS, BIT, LINK, UNI, and the MANA token. All of these altcoins collectively made up a total of $1.122 billion during the time of the report.

    All of the growth that Shiba Inu is recording could no doubt influence the price of the memecoin in the near future. As demand and trading rises, Shiba Inu is bound to become even more scarce. This holds positive for its price later on, which is predicted to tap $1 before the close of 2023.

    Der Beitrag Shiba Inu most wanted asset among top 100 Ethereum whales – Is SHIB poised for a rally to $0.01? erschien zuerst auf Crypto News Flash.

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    Can Ripple (XRP) serve CBDCs for billions of people worldwide? Experts take and future outlook https://www.crypto-news-flash.com/can-ripple-xrp-serve-cbdcs-for-billions-of-people-worldwide-experts-take-and-future-outlook/?utm_source=rss&utm_medium=rss&utm_campaign=can-ripple-xrp-serve-cbdcs-for-billions-of-people-worldwide-experts-take-and-future-outlook Wed, 01 Feb 2023 19:56:42 +0000 https://www.crypto-news-flash.com/?p=232328 Stanford professor Darrell Duffie shares that despite rapidly becoming a global phenomenon, CBDCs still face multiple setbacks.  Ripple offers solutions that can help solve these CBDC pitfalls.  Ripple, the developers of the XRP Ledger (XRP) blockchain, continues to explore the possibilities that Central Bank Digital Currency (CBDC) can unlock for countries. As part of its [...]

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  • Stanford professor Darrell Duffie shares that despite rapidly becoming a global phenomenon, CBDCs still face multiple setbacks. 
  • Ripple offers solutions that can help solve these CBDC pitfalls. 

  • Ripple, the developers of the XRP Ledger (XRP) blockchain, continues to explore the possibilities that Central Bank Digital Currency (CBDC) can unlock for countries. As part of its University Blockchain Research Initiative (UBRI), Ripple has recently highlighted the challenges and strides that countries are making in CBDC adoption.



    Darrell Duffie, an active UBRI participant, noted in a Ripple blog post that CBDCs are rapidly becoming a global phenomenon. The Stanford Graduate School of Business professor highlighted that more than 100 countries that represent 95% of the world’s GDP are working on a CBDC.

    Duffie also pointed out that among large economies, the U.S. is currently the least advanced in developing a CBDC. This is due in part to the lack of government regulations and opposing positions held by factions of the government.

    In contrast, China leads the pack in pushing forward with CBDC adoption. China has promoted its CBDC despite having top-notch digital and mobile payment solutions like Alipay and WeChat Pay. While the rest of the world — from Nigeria and the Bahamas that have launched CBDCs to those conducting pilots like India— is somewhere in-between.

    The Adams Distinguished Professor of Management also notes that the major problem facing all countries is getting citizens to adopt CBDCs. Duffie shares that even China’s e-CNY has struggled to gain traction due to privacy concerns of its citizens.

    Ripple and XRPL can remedy challenges faced by countries in deploying CBDCs

    Despite the challenges facing CBDC adoption, Duffie still expects that countries will continue to build out their CBDCs. And that digital currencies will gain more adoption as their use cases are proven. According to him, the usefulness of CBDCs for domestic economic purposes and cross-border transactions will grow as adoption also increases.

    “Irrespective of the U.S., the pace of CBDC development around the world will accelerate over the coming years, with more and more countries moving into active pilots or tests,” Duffie said.

    However, to get to this stage, governments must realize that will require a lot of work. They would need to educate as well as incentivize citizens on the benefits of CBDCs, Duffie asserts. Public blockchain ecosystems like Ripple with CBDC capabilities also have a role to play in citizens education.



    Similarly, governments and all stakeholders need to actively work to boost payment systems competition and innovation. These could include government standardizing apps through which banks offer CBDC payments or capping interchange fees.

    Notably, Ripple already offers a broad suite of solutions that central banks can use to deploy their CBDC efficiently. The fintech company already has the government of Bhutan on its roster of clients and expects more to follow.

    Der Beitrag Can Ripple (XRP) serve CBDCs for billions of people worldwide? Experts take and future outlook erschien zuerst auf Crypto News Flash.

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