Altcoin Holder

2022-04-18 11:09:23 ​​Litecoin (LTC) Whales Transact at Highest Level Since Early 2021, Says Crypto Anaytics Firm Santiment

Blockchain analytics firm Santiment says Litecoin’s biggest holders have started moving LTC at levels not seen in nearly a year.

Santiment says that on April 14th, LTC transactions worth more than $100,000 were at their highest point since May of 2021, when volatility was exploding in the crypto markets.

“Litecoin’s top key stakeholders have been quite busy over the past week with massive transactions occurring near its price bottom at the beginning of the week. The 5,508 LTC transactions valued at $100k+ was the highest total in 11 months.”

Litecoin is currently priced at $111 and is down over 72% from its all-time high of $410.

Looking at Bitcoin (BTC), the analytics firm says that while social media is lit up with bullish sentiment, on-chain data shows that market participants are not yet betting that the bottom is in.

“When we sum up everything, it looks like it represents the following crowd sentiment: whatever happens at the bottom is not convincing. People are not committing their money to enter anything related to bullish cases, surprisingly. There are bullish talks, but we don’t see actions onchain.

We do believe it’s a good sign. We trust onchain data. But the total amount of still positive news is a bit concerning. Too high expectations.

It could be that we need one more dip. But for the short-term metrics we’ve seen the last – it’s a good chance we should go a bit higher.” Open / Comment

2022-04-17 14:20:00 ​​NEAR Protocol Entering FOMO Phase: Key Reasons

Alex Pavlov, CEO and founder of DeFi derivatives protocol Spin and partner at Algalon Capital asset management firm, shares some metrics that signal that NEAR Protocol is on the verge of another upsurge.

On-chain activity, retail adoption, audience growth, ecosystem progress: Catalysts of NEAR FOMO
Mr. Pavlov has taken to Twitter to indicate the most powerful drivers of the upcoming NEAR Protocol (NEAR) FOMO ("fear of missing out").

In terms of net trading volume, NEAR Protocol (NEAR) has already outperformed Avalanche (AVAX) and is closer to surpassing Terra (LUNA) and Solana (SOL), the two most overhyped protocols of 2021.

At the same time, its fully diluted market capitalization remains low compared to the closest competitors, and this can also be interpreted as a sign of undervaluation.

Also, while tracking the audience growth of major non-Ethereum platforms, analytical firm Messari has registered a 55% increase in 2022. This is higher than that of Solana (SOL), Terra (LUNA) and Avalanche (AVAX).

This progress is accompanied by the rocketing increase of stablecoin, DeFi and dApps activity on the NEAR ecosystem.

$1.37 billion locked, 27 active protocols: What is going on NEAR Protocol?

Last but not least, Mr. Pavlov noticed huge increase in the transactional metrics of retail usage. In 2022, NEAR Protocol went through two massive fundraising campaigns.

As per Dappradar statistics, by mid-April 2022, NEAR onboarded 27 decentralized applications of all types. Mostly, they belong to the marketplaces and games segments.

NEAR Crowd, Paras 2.0 and Ref Finance are the three most popular dApps in terms of user numbers.

A total of $1.37 billion is locked by users of all NEAR-based protocols in all. Open / Comment

2022-04-16 17:45:08 ​​Ethereum Whales Pounce on Crypto Project Backed by FTX As Chainlink, Shiba Inu and Several Altcoins Endure Outflows

The richest Ethereum (ETH) whales in the world are pouncing on one decentralized finance crypto project, according to WhaleStats.

The whale-watching platform notes that in the past seven days, the top 100 ETH wallets purchased an average of more than $1.9 million worth of Serum (SRM), the utility token of the Solana (SOL)-based decentralized exchange.

By comparison, average SRM sales among the top 100 ETH addresses last week were only $237,875.

SRM is trading at $2.45 at time of writing. The 133rd-ranked crypto asset by market cap is down more than 9% in the past week.

Serum is backed by the crypto exchange FTX, and FTX chief executive Sam Bankman-Fried serves as an advisor to the project. Among the top 100 ETH wallets, FTX Token (FTT) was purchased at an average purchase amount of $2.25 million and sold at an average purchase amount of $1.4 million in the past week.

WhaleStats also notes that the top 100 ETH addresses sold off an average of $679,410 worth of the popular memecoin Shiba Inu (SHIB) over the same timeframe. That exceeds SHIB’s average purchase amount of $582,686.

LINK, the native token for decentralized oracle platform Chainlink, also witnessed outflows. The top 100 ETH wallets sold an average of $305,923 worth of LINK last week without purchasing enough LINK to make the top ten purchased altcoins.

Ethereum also suffered outflows last week with the top 100 ETH wallets purchasing just over $7 million worth of the smart contract platform while selling $8.5 million of the crypto asset. Open / Comment

2022-04-14 18:07:44 ​​Cosmos Gains Interchain Accounts as Upgrade Kicks In

Blockchain protocol Cosmos' upgrade known as Hub Theta went live on the network yesterday, developers confirmed.

The upgrade brings interchain accounts, a feature awaited by the Cosmos community. These allow blockchains to change data on another supported blockchain.

Other features of the upgrade are updated versions of Cosmos SDK – a developer framework – and the Inter Blockchain

Communication (IBC) protocol, which allows users to transfer crypto assets between supported blockchains.
Interchain accounts allow users to give permission to an application running on one blockchain to perform an action on another. This requires the blockchains to set up a mutual interchain account and be based on either Cosmos SDK or

Tendermint, protocols used to replicate and launch blockchain applications.

The feature is a step ahead of IBC, also a Cosmos innovation.

“In a traditional framework, the end-user would log into an interface representing chain A and pass an asset to chain B via an IBC transaction,” Cosmos developers explained in a post. “The user would then be required to log into another interface, this time representing chain B, and complete the remainder of the product flow.”

“With an Interchain-native product model, a user can complete the entire flow within a single, streamlined user experience where chains pass sets of instructions and execute transactions under the hood — all without the user ever having to leave the first interface,” they wrote.

While blockchains are robust and immutable stores of data, they cannot communicate with each other. Networks like Cosmos work on this problem and aim to allow users to access several different blockchains from a single interface.
ATOM, Cosmos’ native token, was up a nominal 1.2% in the past 24 hours, CoinGecko data show. The tokens have lost 7% since last week amid a broader market decline. Open / Comment

2022-04-13 13:05:00 ​​Long Term Shiba Inu Holders Increase Holding By 57% In 30 Days, Benefit Massively From Token Surge

Long Term Shiba Inu Holders Increase Holding By 57% In 30 Days.

Long-term Shiba Inu (SHIB) holders are reaping the fruits of their undying support for the dog-themed cryptocurrency project, following a listing of the digital currency on Robinhood.

According to data published by popular cryptocurrency analytic data platform IntoTheBlock, addresses holding Shiba Inu for over a year had increased their balance of the coin by 57% in the past 30 days.

Following the massive accumulation of the 15th largest cryptocurrency, addresses in this category now hold 2.82% of Shiba Inu total supply.

As reported on The Crypto Basic, Ethereum whales have seized every opportunity to increase their SHIB holdings, with billions of the cryptocurrency added at intervals.

Many thought these traders had lost their minds given that the Shiba Inu team seem to have neglected SHIB in its recent development, especially as holders of the cryptocurrency were denied from purchasing land in its metaverse.

Interestingly, traders were heavily compensated after Robinhood added support for SHIB, pushing its price to a high of $0.00002874 over the last 24 hours.

SHIB, which fell to a low of $0.00002201 earlier today, is up over 30% in the last 24 hours, with traders who bought the coin in the past month being the major beneficiaries of the surge. Open / Comment

2022-04-12 12:10:00 ​​Cardano Reports 1600% Growth in ADA Wallets So Far in 2022

The number of wallets holding the Cardano blockchain's native token, ADA, has increased dramatically since the past year, as evidenced by the increase in the number of wallets holding the network's native token.

Cardano has grown by 1600% from December 2020, when there were 186,000 wallets, to the first quarter of 2022, when there are now approximately 3,200,000 wallets.

The rapid expansion of the network has coincided with an increase in the number of wallets in Q1. U.Today previously reported on the 11 ways Cardano plans to scale in 2022, and these improvements have led to increased interest from investors, especially institutional investors, as the number of on-chain transactions exceeding $100,000 grew 50x in 2022.

Cardano is in the early stages of the Basho phase, to develop an efficient ecosystem to enable and stimulate the creation of decentralized applications (dApps). With smart contracts currently in place, Basho is all about scale and network optimization. The Hydra protocol family plays an important role in this. Hydra is a collection of Layer 2 solutions aimed at improving network security and scalability.

Cardano ecosystem and ADA price action

Cardano is seeing massive growth in the number of projects and on-chain activity. Nearly 900 projects are currently building on Cardano, with NFT marketplaces accounting for 3.6% and NFT collections representing a bigger chunk of 47.9%.

At the time of publication, ADA trades down 2% at $1.02, per CoinMarketCap, and is ranked the eighth largest cryptocurrency by market capitalization. Open / Comment

2022-04-11 12:45:00 ​​Top 3 Trending Searches on CoinGecko as per CryptoDep

Moonbeam enables its simple to utilize popular Ethereum developer tools.
Astar is up 10.92% in the last 24 hours.

Astar (ASTR)
On Polkadot’s Astar Network, Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups are supported. Multi-chain smart contract platform Astar plans to enable many blockchains and virtual machines in the future. Having a parachain in the Polkadot ecosystem will allow all developers to create in the Polkadot ecosystem. According to CoinMarketCap, the Astar price today is $0.303283 USD with a 24-hour trading volume of $317,562,643 USD. Astar is up 10.92% in the last 24 hours.

Moonbeam (GLMR)
Moonbeam is a smart contract parachain atop Polkadot that is interoperable with Ethereum. In a Substrate-based environment, Moonbeam enables its simple to utilize popular Ethereum developer tools to construct or re-deploy Solidity applications. In addition to being an EVM implementation, Moonbeam is a highly customized parachain that matches Ethereum’s Web3 RPC, accounts and keys, and subscribers and logs. According to CoinMarketCap, the Moonbeam price today is $4.25 USD with a 24-hour trading volume of $168,503,977 USD. Moonbeam is up 9.75% in the last 24 hours.

Stader (SD)
Stader is developing key staking middleware infrastructure for numerous PoS networks for retail crypto consumers, trading platforms, and custodians. In addition, Stader is developing smart contracts that are incredibly modular, allowing other parties to use our components to create their own specific solutions. According to CoinMarketCap, the Stader price today is $5.60 USD with a 24-hour trading volume of $1,065,794 USD. Stader is down 5.12% in the last 24 hours. Open / Comment

2022-04-10 18:33:10 ​​Moonbeam (GLMR) Price Surges 9% in Last 24 Hours

After a correction, GLMR is trading at $4.19, up 8.15 percent for the day.

On-chain governance, staking, and cross-chain connections are standard features.

Several initiatives based on the Polkadot (DOT) cross-chain interoperability protocol have seen significant price increases due to this growth. The smart contract platform Moonbeam (GLMR) works as a Polkadot parachain and is compatible with Ethereum Virtual Machine (EVM).

Surge of More Than 100%
Staking, on-chain governance, and cross-chain connections are only some of the many capabilities offered by the project. Over $900 million in DOT tokens were loaned to Moonbeam in a crowd loan campaign. Moonbeam’s price has risen from $2.97 to $5.94 in the previous week, an increase of more than 100 percent. After a correction, GLMR is trading at $4.19, up 8.15 percent for the day.

Moonriver (MOVR), Moonbeam’s Ethereum-compatible smart contract platform, is also gaining ground. Using the Ethereum Virtual Machine (EVM), the project seeks to make it easier for developers to construct or relaunch programs based on the Solidity programming language to migrate their projects to Moonriver easily.

More than simply an EVM implementation, Moonbeam is a parachain that replicates Ethereum’s Web3 RPC, accounts, keys, subscriptions, and log data. On-chain governance, staking, and cross-chain connections are part of the Moonbeam platform’s standard feature set. Furthermore, to facilitate interoperability and communication between Polkadot Parachains and other chains, Moonbeam uses bridges to link the two networks. For Ethereum developers to overcome the scalability difficulties posed by the Ethereum network, Moonbeam comes as a viable option.

According to CoinMarketCap, the Moonbeam price today is $4.17 USD, with a 24-hour trading volume of $133,420,750 USD. Moonbeam has been up 8.42% in the last 24 hours. Open / Comment

2022-04-08 19:16:29 ​​Cardano Dominance Drops, This Might Be Gamechanger, According to ADA Whale

As noted by an ADA whale, Bitcoin dominance has fallen from 52% to 42%, while Cardano dominance has declined from 4% to 2% in the past year. Cardano dominance refers to the measure of how much of the total cryptocurrency market cap is comprised of Cardano, while a whale refers to a large holder of a particular cryptocurrency.

The Cardano user believes regulation might be a gamechanger for the cryptocurrency market. Regulation continues to be among the most discussed topics in the crypto industry.

As previously covered by U.Today, European Parliament's plan to clamp down on self-hosted wallets became a reality as the EU Parliament voted to ban anonymity in crypto. The draft of the amendment, however, does not specify any lower limit for crypto transfers, meaning that all of them will be subject to identity checks. Some crypto proponents see the amendment as a ban on anonymity in crypto, with Tether CTO Paolo Ardoino describing it as a "big step back for human rights."

The Cardano Foundation recently announced its research collaboration with the Blockchain and Distributed Ledger Technologies (BDLT) Group at the University of Zurich. The research seeks to explore different angles on the core questions surrounding Cardano as a secure, scalable and decentralized system.

Cardano network continues to grow despite price action

The Cardano network recently reached a new milestone of over five million addresses functioning on the network with a year-to-date increase of 48%. The strong increase in the number of users correlates with the rising number of dApps and solutions on the network, showing the fundamental growth of the network.

Back in March 2021, the number of addresses on the Cardano network totaled around 2.6 million. At the time of publication, ADA traded down 3% at $1.05. At its present price, ADA remains down nearly 66% from its all-time high of near $3. Open / Comment

2022-04-07 10:04:50 ​​CryptoSlate partners with Zilliqa to bring in new users to the crypto space

CryptoSlate is excited to announce a partnership with Zilliqa, a high-speed, scalable blockchain, to launch a joint educational campaign.

As part of the partnership, CryptoSlate will launch a series of quizzes on Zeeves, providing readers with the opportunity to earn ZIL tokens as rewards for answering questions about featured articles.

The articles will range in topics but will have a common goal—educating readers about the innovations in the blockchain and crypto industry.

What is Zilliqa?

Zilliqa was launched in 2017 when our founders created a high-throughput public blockchain platform designed to scale thousands ​of transactions per second.

As blockchain technology evolves, our efforts are centered around streamlining the efficiency, trust, and transparency of Web 3.0. The inability of blockchains to scale transactions at speed has hindered their mainstream adoption, so that’s where sharding comes in.

According to Investopedia:

“Sharding splits a blockchain company’s entire network into smaller partitions, known as “shards.” Each shard is comprised of its own data, making it distinctive and independent when compared to other shards.”

By splitting the network into multiple portions, Zilliqa’s goal is to satisfy global scaling demand by launching the world’s first public blockchain sharding architecture.

What is Zeeves?

Zeeves is Zilliqa’s peer-to-peer reward and engagement bot running on Telegram. The bot was designed for users to create and host quizzes, manage their cryptocurrency assets, buy ZIL tokens, and send tips to other Telegram users.

Sending ZIL tips on Telegram is as easy as sending a message, requiring only the username of the recipient. Zeeves is also an application for accessing ZilSwap, a decentralized exchange, and ZilStream, a coin tracking platform for the Zilliqa ecosystem. In the coming months, Zeeves is set to launch its full NFT functionality and will be one step closer to becoming the “foundational swiss knife application” for Telegram users.

Anna Russkikh, the marketing lead at Zeeves, said that the platform is excited to be part of the collaboration with CryptoSlate. The collaboration is much more than a marketing partnership—it’s a full-fledged educational project, she explained:

“Nothing is as powerful as education when it comes to cryptocurrencies. Designing creative ways to attract and incentivize readers is a worthy cause that leads to win-win outcomes for everyone.”

As part of the partnership, Zeeves will enable users to earn Zilliqa rewards on five CryptoSlate articles per week. Each article will feature a quiz where up to five users will be able to earn up to 25 ZIL for answering follow-up questions, so time is of the essence.

The quizzes will take place on the CryptoSlates Telegram channel as well as Zeeves, starting this week until the first week of May. Subscribe to both Telegram groups to stay in the loop behind our articles and the quizzes. Open / Comment