WAVES Raises $2M in 24hrs Despite Ethereum Contract Issue
Open blockchain platform WAVES is making some waves in the world of digital currency, as they recently raised $2m USD during the first 24 hours of their crowdfunding campaign. There are some merits to the WAVES concept that have attracted a lot of interest from digital currency enthusiasts and investors all over the world. Positioning itself as a....
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Neutrino was buying the WAVES dip as the price rebounds to the best level in over four months. Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market.A 230% Waves boomThe WAVES/USD trading pair surged by nearly 75% this week to reach around $31, its best level since Oct. 28, 2021. Its rally came as a part of an upside retracement move that saw it rising by a little over 230% in three weeks.WAVES/USD weekly price chart. Source: TradingViewIn contrast, Waves' top rival in the smart contracts....
Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline. Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date high of $960.25 million.Interestingly, the stablecoin's plunge occurred despite Neutrino's claims of backing its $1-peg via what's called "over....
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether.
Ethereum 2.0 Contract Exceeds 9 Million Ether
While the proof-of-work (PoW) side of the Ethereum network has seen its hashrate tap all-time highs above 1 petahash per second (PH/s) this year, the transition to Ethereum 2.0 continues with ether being locked into the ETH 2.0....
A focus on interoperability and staking allowed Waves to turn the tide with a month-long 107% rally. The first half of 2020 was pretty tumultous for Waves (WAVES), as the altcoin underperformed Ether (ETH) price by 36%. Waves (WAVES) in ETH terms. Source: Digital Assets DataWhile it was once a top-20 cryptocurrency for a brief period back in Dec. 2018, the proof-of-stake project created by the Russian physicist Alexander Ivanov in 2016 seemed to have lost its traction.The platform's success was initially based on its mobile application designed to streamline the user experience of....
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....