The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation. Bitcoin (BTC) surged over 8% during this period as buyers attempted to breach the $100,000 psychological resistance, and the hype spilled over into the broader altcoin market. Some standout performers this week included Stellar xlm29.59%Stellar,…
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Cardano’s price experienced a sharp reversal after reaching $0.657, its highest level since March 30 and 138% above its year-to-date low. Cardano ada-13.28%Cardano entered a correction, falling by 14% from its weekly high and was trading at $0.562 at press time.This decline mirrored the pullback in other major cryptocurrencies. After approaching $90,000, Bitcoin btc-2.16%Bitcoin retreated to $86,000. Most major…
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Intersect, the organization overseeing the Cardano blockchain’s development, issued an urgent call for decentralized application projects on the blockchain to hasten their preparations for Chang Upgrade #1. According to an Aug. 17 statement by Intersect shared with crypto.news, more than 80% of stake pool operators on Cardano ada-0.52%Cardano have already moved to the latest validator node, 9.1.0.…
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