Author Archives: Cryptoslate

The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt.  CryptoSlate Top Stories Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues Bitcoin’s (BTC) mining[Read more…]

Solid fundamental developments for Polygon see it gain in value over Bitcoin and the dollar in recent weeks. Data compiled by CryptoSlate shows Polygon (MATIC) has outperformed other large caps, in Bitcoin terms, since Nov. 4. Moreover, this trend continues to hold amid an essentially flat market, leading to a return of bullish sentiment for[Read more…]

The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:45 ET on weekdays. Over the last 24 hours, the cryptocurrency market cap saw net inflows of $21.2 billion to $1,030.6 billion from $1,009.4 billion as of press time — up 2.1%. During the reporting period,[Read more…]

The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 07:45 ET on weekdays. Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4.6 billion to $1,009.4 billion from $1,004.8 billion as of press time — up 0.5%. During the reporting period,[Read more…]

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. In response, AR saw 61% gains over the last 24 hours to lead the top 100 tokens. A local top of $17.85 was hit at 03:30 (UTC) on Nov. 3, leading to a gradual trickle-down[Read more…]

Meta will not charge users any fees for creating or selling NFTs on Instagram until 2024. Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours,[Read more…]

Ethereum maintains dominance against Bitcoin post-merge, Saylor says Bitcoin is winning as MicroStrategy outperforms major asset classes, and much more in this edition of CryptoSlate Wrapped Daily. The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi[Read more…]

JPMorgan has executed the first live trade on public blockchain as part of the Monetary Authority of Singapore (MAS) Project Guardian. The banking giant completed the transaction using DeFi, Tokenized Deposits, and Verifiable Credentials. Project Guardian is an initiative of MAS with financial institutions such as JP Morgan, Marketnode, and DBS Bank Ltd. Its focus is[Read more…]

A new report by Messari on the state of the Polygon network revealed an increase of new addresses QoQ of 180%. Active addresses also hit an all-time high of 6 million, while total transactions surpassed 2 billion during Q3. Other critical metrics for Polygon are shown in the table below. Messari’s data shows that the active validator[Read more…]

A huge rise in adoption has pushed Polygon’s price up 23% in the past 30 days, increasing the number of active addresses on the network and draining MATIC from exchanges. Polygon has seen its price increase by 23% in the past 30 days, with MATIC spending the entire month of October in the green. After a[Read more…]