The Solana Foundation’s Initiative to Track Carbon Emissions from Blockchain Carbon emissions from blockchain networks have become a hotly debated issue over the last few years. With a large network of servers and computers, they guzzle enormous amounts of electricity to execute transactions and mint new tokens. Bitcoin [BTC], for instance, emitted a whopping 54[Read more…]
Author Archives: CryptoCoinstart News Report
Breaking Down Solana’s Price Drop: SOL Plummets to $21.27 in Latest Analysis
Solana vs Ethereum: Can SOL Take the Lead in the Cryptocurrency Race?
Polygon Expansion Event DG Pals has its sights set on the Polygon network in a big way. The Cronos-based Non-Fungible Token (NFT) gaming ecosystem is holding its first launch event for the Layer-2 Ethereum sidechain. The tweet from DG Pals is short and sweet, promising more details on the launch event in the near future[Read more…]
Polygon NFT Sales and Activity on the Network As of 21 April, data showed that Polygon’s NFT sales were experiencing a significant rise. Compared to other cryptocurrencies, Polygon was doing relatively well in terms of sales and came in second only to Ethereum. The volume of transactions on the Polygon network witnessed a 19.49% growth[Read more…]
MATIC May Fluctuate as Traders Await Next Fed Announcement Polygon [MATIC] has seen a 15% depreciation, dropping from around $1.18 to $0.9998 due to the persistent Bitcoin [BTC] correction in the past week. Despite signs of easing short-term selling pressure, MATIC may fluctuate as traders wait for the next Fed announcement on 2-3 May. A[Read more…]
Binance Trading Volume Plummets as Market Bears Prevail Amid Adoption of New Stablecoin
Boosting Network Growth: A Comprehensive Analysis of BNB Chain’s Latest Integration with BNB
Exploring the Future of Binance Coin (BNB) Despite the recent decline in the overall crypto-market, Binance Coin (BNB) has recorded its highest transaction volume since February. According to Santiment, BNB’s transaction volume reached 1.24 million, a significant achievement considering the current market conditions. Typically, a surge in transaction volume is accompanied by an increase in[Read more…]
Binance Faces Regulatory Pushback and Uncertainty on the Future of BNB Binance’s ecosystem has been at the receiving end of an unrelenting regulatory pushback in the first quarter of 2023, casting serious concerns on the future of one of the largest entities in the crypto space. The impact of these crackdowns has been severe. According[Read more…]