Dubai, April 17, 2024 – The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai.
Cardano News
The cryptocurrency market has made a comeback surpassing the $2 trillion mark more a milestone not seen since April 2022.
As we enter the year 2024 the cryptocurrency industry has achieved acceptance and global adoption.
Amidst an optimistic market trend, Bitcoin and Ethereum demonstrate significant recovery, with broader gains observed across various altcoins, highlighting renewed investor confidence.
Last year, the cryptocurrency faced a downturn, moving in tandem with other high-risk assets, as the Federal Reserve took aggressive measures to combat inflation.
As the final quarter of 2023 approaches, the cryptocurrency market is rife with speculation and predictions.
According to Messari’s report, Cardano’s average daily dapp transaction volume increased for the third consecutive quarter, and Dapp usage in the second quarter increased by 49.0% quarter-on-quarter, and the average daily transaction volume remained at 57,900.
According to data from TapTools, a Cardano-based analytics platform, social engagement on the blockchain platform Cardano has spiked significantly over the past seven days.
The NFT market continues to show growth, with sales up 7.28% this week and a total of $179.64 million in sales over the past seven days.
On March 3, the cryptocurrency world shook again, with the price of Bitcoin plummeting more than 5% in just over 60 minutes.
The cryptocurrency market has experienced tremendous growth over the past nine years, despite losing more than $1.5 trillion in 2022.
In a stunning development, non-fungible token (NFT) sales have surged this past week, reaching an all-time high of $801 million in settled sales.
Non-fungible tokens (NFTs) sales have been booming this past month, reaching an astonishing $997.53 million, a 41.96% increase from December 2022.
In this article, 20 exciting cryptocurrencies were introduced that are worth considering for investment in 2023. These include Cardano, Solana, Polkadot, Binance Coin, Chainlink, and more. These cryptocurrencies have a range of features and use cases, and they are all worth researching further to determine their potential as investments.
Is Cardano dead? Cardano is not dead, it still holds the 8th position in the market despite being overtaken by its competitors.
DOGE prices are up about 115% over the past week, while Bitcoin (BTC) and Ethereum (ETH) have gained 6.5% and 19%, respectively, over the past week.
The yet-to-be-launched Wafini NFT Marketplace which is slated to launch in beta on Cardano main net before the end of Q4 2022 has seen 20% of its allotted seed tokens swopped up by early adopters just a few days into the sale.
Empowa, a project providing decentralised, affordable home loans for the financially excluded, has partnered with World Mobile, the world’s first blockchain-based mobile network based on the sharing economy.
The CoinShares report shows that last week, inflows to crypto investment products totaled $193 million, the largest inflow since mid-December 2021, with inflows mainly from Europe, accounting for about 76%.