In a bold move, Cosmos co-founder Jae Kwon has called for a significant shift in the blockchain’s direction following the controversial passing of NWV #848. This proposal was approved by the community’s voting mechanism, earning around 40% of the votes, and it was aimed at changing the blockchain’s native token inflation rate. Kwon, expressing his…
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Bitcoin has fallen below the $20,000 mark for the first time since early January, following a significant sell-off that began late Thursday and extended into Friday morning. This comes as the broader cryptocurrency market experienced a sell-off driven mainly by negative news. With Bitcoin trading below the significant level of $20,000 on Friday, many may…
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Cosmos traded in a highly volatile crypto market in 2022, but 2023 is showing signs of recovery. CoinMarketCap shows that the global crypto market cap has increased in 24 hours. The trading volume of cryptocurrencies in the market has also increased within 24 hours. This data proves that there is still much global interest in cryptocurrencies.…
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ATOM’s price shows strength as price bounces off from a weekly low of $8.5 giving bulls some relief. ATOM’s price continues to look bearish as more sentiment for the market lingers, with things looking uncertain for most traders and investors. ATOM’s price rallies high on the daily timeframe as the price moves toward the 50…
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ATOM’s price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on $17. ATOM could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. ATOM’s price remains strong on the daily…
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ATOM, the native token of the Cosmos blockchain, has ralled strongly in the past week for several fundamental reasons. ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer one…
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