Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.
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Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai (DAI), a stablecoin pegged to the United States dollar.According to a blog post on Dec. 6, Dai is the first stablecoin that is available on Coinbase Card, alongside major cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC).As 1 DAI is…

Kadena price soars by 40% after new protocol launches and a major exchange listing
A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price. 1168 Total views 19 Total shares In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”Kadena (KDA) is one project that has earned rewards from its forward-looking…

Warren, Deaton spar over crypto in first debate for US Senate seat
John Deaton, a Republican candidate for Massachusetts’ US Senate seat, slammed incumbent Senator Elizabeth Warren for building an “anti-crypto army” in their first debate.

The staking race: Late entrant Ethereum lags behind rivals with Eth2
Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind competitors in the staking rankings. So, why isn’t Ether (ETH) the number one staking cryptocurrency? A brief history of proof-of-stakeBack in 2012, Peercoin developers Sunny King and Scott Nadal proposed…

eToro, The Tie to Track Crypto Sentiment on Twitter for Investors
The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies.eToro unveiled the new strategy, dubbed TheTIE-LongOnlyCopyPortfolio, in an official announcement on Oct. 15. The strategy analyzes digital currency-related conversations, processing 850 million tweets every day by…

Axie Infinity player count falls back to Jan 2021 levels
The numbers represent a 74% decrease from peak levels witnessed just ten months ago. 237 Total views 21 Total shares

T-Rex files for ‘ghost pepper’ 2X leveraged MicroStrategy ETF
Financial services firm T-Rex Group has applied for what could be the “most volatile ETF” ever seen in the United States.

5 year study looks at if token rewards can improve HIV patient outcomes in Africa
A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year.On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and the Masinde Muliro University of Science and Technology (MMUST) announced they had secured the approval needed from an ethics…