There is no going back, Cardano is ready for Alonzo hard fork
Input Output Hong Kong has triggered the Alonzo Hard Fork on Cardano mainnet, smart contract functionality roll-out on September 12. Dogecoin millionaire Glauber Contessoto prepares to go "all in" on Cardano, plans to be ADA's biggest supporter. Cardano DeFi set to become a reality with compatibility upgrades across the software stack.
Polygon bloodbath not over yet, MATIC bears plan another 20% drop
Polygon is testing a fundamental level to the downside that could open up more losses, even to the extent of 20%. Over the past three days, Polygon already had to book 43% of devaluation because of headwinds in cryptocurrencies. Buyers will need to wait before stepping in until price action stabilizes.
Axie Infinity bulls are licking their wounds after AXS price takes 35% nosedive
Axie Infinity (AXS) has had a negative week, with the most significant loss occurring yesterday. AXS shedded 35% of its value in just one session, and overall Axie Infinity has lost 45% of its value in just five days.
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XRP drops to $0.40 as Ripple and altcoins are hit by marketwide correction
Ripple piled losses alongside top altcoins and Bitcoin early on Friday. The German government’s Bitcoin transfers and Mt.Gox payback to creditors have created uncertainty among traders and increased the pressure on Bitcoin and altcoins like XRP.
Crypto Today: Bitcoin, Ethereum and Ripple lose key support levels, extend declines on Friday
Bitcoin dipped under $54,000 early on Friday as the crypto market suffered a steep correction. Ethereum lost key support at $3,000, erasing gains ahead of the anticipated approval of the Spot Ether ETF.
Bitcoin Cash faces potential 24% crash as Mt. Gox starts repayments
Bitcoin Cash price trades below the weekly support level of $378.6, experiencing a 20% decline this week. Mt.Gox moves over 47,229 BTC worth $2.71 billion, signaling FUD in the market.
Bitcoin faces second largest liquidation event in history, erasing 25% of Base meme coins’ market cap
Bitcoin on-chain data confirms that the current correction represents the second-largest liquidation event in BTC’s history. Base meme coin market capitalization dipped over 25% in the wake of the market-wide decline in crypto prices.
Bitcoin: BTC sinks under $55,000 as Mt Gox prepares payment to creditors
Bitcoin (BTC) price is having its worst week of the year, influenced by selling activity among BTC miners and heavy transfers of Bitcoins to exchanges by Mt Gox and the German Government. Technical indicators hint that BTC may undergo a further 7% decline to retest the $52,000 level.