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EOS Network Foundation releases Spring 1.0 Stable in preparation for the upcoming EOS hard fork scheduled for September 25th, 2024. (Read More)
The EOS Network completes its historic hard fork to Spring 1.0, implementing the Savanna consensus algorithm to achieve 1-second transaction finality. (Read More)
Cardano’s blockchain has reached a pivotal moment with Chang’s hard fork, a transformative upgrade that marks the beginning of the era of decentralized governance known as Voltaire. Cardano’s Chang upgrade is a major step toward empowering the holders of the ADA token to directly intervene in the future of the blockchain, through a new governance […]
Binance announces support for the upcoming Cardano (ADA) network upgrade and hard fork, temporarily suspending deposits and withdrawals. (Read More)
The Bohr hard fork, scheduled for mainnet on September 26, brings significant upgrades to BNB Smart Chain, including BEP 341 for consecutive block production. (Read More)
Binance will suspend Flow (FLOW) deposits and withdrawals on September 4 to support the network's upgrade and hard fork. (Read More)
THORChain is set to undergo a hard fork on September 4, 2024, at 4pm UTC, bringing several upgrades and planned downtime. (Read More)
In an unexpected twist of events, Cardano (ADA) has officially been ousted from the top 10 cryptocurrencies by market capitalization. The popular altcoin has also been usurped by Tron (TRX), marking a significant shift in the crypto market. Cardanos Fall From Grace According to reports from CoinMarketCap, Cardano has dropped out of the top 10 [...]
The post Cardano Kicked Out Of Top 10 Crypto By Market Cap, Whats Going On? appeared first on Crypto Breaking News.
The Cardano node GitHub page was updated with the new version, Node 9.0, which can be used to implement the upcoming hard fork.
The Ethereum ecosystem is experiencing a historic drop in gas fees, which is impacting both mainnet and Layer 2 transactions. According to Etherscan Gas Tracker, the average gas fee on the mainnet stands at 4 Gwei at press time, approximately $0.21. However, transactions can be processed for as low as 3 Gwei, or around $0.14. […]
The post Ethereum supply turns inflationary as gas fees drop to record lows appeared first on CryptoSlate.
Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding support in mid-July. Since then, ADA has recovered slightly, but bears have not relentred, especially this week. So far, ADA is still 50% after the spike in March. This set of conditions could explain traders’ bearish stance on multiple perpetual trading platforms like Binance and OKX. The slip in ADA prices and the alignment of the trend to be bearish from March explain why the funding rate is negative and continues to increase. Time To Buy ADA Despite Extremely High Negative Funding Rates? Even so, not everyone is extremely bearish. Santiment analysts note that despite this state of affairs, ADA prices could, if anything, recover unexpectedly. They explained that the recent spike in negative funding rates, pointing to heightened selling activity, could offer a contrarian opportunity for aggressive traders. Related Reading: End Of The Road? Shiba Inus Shibarium Sees Massive 80.3% Crash In Active Accounts Historically, Santiment analysts explained that prices tend to recover sharply in the sessions ahead whenever an asset is extremely sold, as is the case with ADA. Rapidly expanding prices tend to trigger a short squeeze, forcing sellers to buy at a higher price and fanning the uptrend. Nonetheless, this is not always the case, and this contrarian strategy should be taken cautiously. When a given asset is perceived as “extremely oversold,” prices can often dip even as analysts expect a recovery. This may mean traders are unconvinced that the asset has what it takes to recover in the wave of intense selling pressure. In this case, traders have to stay safe and align with the primary trendbearish. Cardano Whales Staying Away Ahead Of The Chang Hard Fork So far, parallel data from IntoTheBlock points to waning investor confidence. According to data, there has been a drop in whale inflow, a dent to the expected optimism. Still, this can be attributed to portfolio rebalancing that might impact inflows, among other factors. It remains to be seen how ADA will perform in the coming days. The Cardano development team is preparing for the Chang hard fork, which is set to conclude by the end of July. Related Reading: Could Bitcoin Soar To $100,000 With Trump Back In The White House? This upgrade will decentralize the smart contracts platform by introducing elected delegate representatives tasked with shaping the Cardano constitution. The successful implementation of Chang will usher in the final development phase of Cardano, Voltaire. In turn, this effectively decentralized the network, similar to Ethereum. Feature image from iStock, chart from TradingView
The first phase of the Chang era is the beginning of the networks transition to decentralized governance.
Binance announces support for Conflux (CFX) network upgrade and hard fork, suspending deposits and withdrawals on August 13, 2024. (Read More)
Binance announces support for IoTeX (IOTX) network upgrade and hard fork, affecting deposits and withdrawals but not trading. (Read More)
Cardano has not been left behind in the ongoing revival as with Bitcoin and other top altcoins. From the daily chart, ADA, the native currency, is up roughly 4% in the last day and 17% in the previous week, according to CoinMarketCap data. Analyst: Bulls To Lift ADA By 2X Even as ADA reverses recent [...]
The post Cardano Analyst: ADA To 2X After Breakout, Chang Hard Fork As Tailwinds? appeared first on Crypto Breaking News.
The highly-anticipated Haber hard fork went live on the BNB chain, slated to bring a massive 90% reduction in gas fees. Inspired by Ethereum’s EIP 4844, the major update introduces BEP 336, which optimizes data storage and processing on the blockchain, significantly slashing transaction costs and enhancing network performance. BEP 336’s “Blob-Carrying Transactions” [BlobTx] streamline […]
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing.
Binance announces support for Sei (SEI) and Harmony (ONE) network upgrades and hard forks, ensuring uninterrupted trading for users. (Read More)
Chiliz (CHZ) has launched the Dragon8 hard fork on its blockchain, introducing substantial technological improvements and a new tokenomics model. (Read More)
Chang will be the first hard fork in the final era of Cardanos roadmap, introducing community-run governance and on-chain community consensus.
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