Data shows Polygon (MATIC) has reversed PancakeSwap’s (CAKE) rise

Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap. Earlier this year, PancakeSwap briefly became the number one DEX by volume. But thanks to Polygon and its lower gas fee structure compared to layer 1 Ethereum, Uniswap has seen off the challenge.

Ethereum Whales Go On Buying Spree, Top 10 Addresses Now Own 20% Off All ETH

Ethereum price of Ethereum has recently fallen below the $2,000 mark in recent days. While some people may see this as something to be worried about, others see it as an opportunity to buy as many coins as possible. More specifically, whales see this as a big buying opportunity for them and they’re using this dip to fill up on their Ethereum holdings.

Cardano (ADA) retains its spot as the most ‘staked’ crypto

Data from proof-of-stake research platform Staking Rewards shows Cardano is the most staked chain, by value, in the cryptocurrency space. The Cardano network currently hosts $29.7 billion of ADA staked. While the next nearest token, Ethereum, comes in at a significantly lower $12.3 billion.

Meme Coins Continue to Rocket, Posting Ridiculous 1000%+ Gains Amidst Market Consolidation

Let’s jump into the top movers over the last week: Kawakami Finance, Fyeth. Finance, and Mecha Shiba. Fighting through the bear market, these three projects have seen impressive green numbers as of late. All three coins have a low coin market cap which means they are likely new projects and subject to extreme volatility.

Visa to Approve First Bitcoin Spending Card in Australia 

The global payments giant Visa to approve First Bitcoin to the issuance of a physical debit card that will allow Australians to spend their bitcoins at local stores and leisure venues. Visa to approve first bitcoin spending card in Australia. The innovation will enable customers to make direct purchases with crypto instead of converting digital assets to fiat money. Apart from Bitcoin, customers will have other options such as Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH).

Bitcoin May Soon Be Classified as a Regulated Assets in India