May 21, 2:00 pm
|Cosmos (ATOM) Skyrockets 12% Following Bitcoin And Ethereum Recovery|
The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours.
Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that fuels the Cosmos blockchain network, has been gaining a lot of traction with an increase of over 12.7% overnight.
Currently, ATOM is trading at the price point of $11.45.
Suggested Reading | Avalanche Crumbles More Than 16% As Crypto Landslide Continues
ATOM Remains In Bear Territory
Even though the charts have been looking bullish, ATOM is still at a bearish stance with trades that plummeted by 74% compared to its all-time high record of $44.70 in September 2021.
There has been a noticeable spike in ATOM’s trading volume that is evident in multiple exchanges. The total trading volume is at roughly $327 million in the past 24 hours, which is up by 11% in comparison to the previous day.
What Is Cosmos? Cosmos refers to a decentralized network of blockchains that runs using the power of Byzantine Fault Tolerance (BFT) algorithms.
More so, Cosmos also enables developers to create and innovate their own blockch...
May 18, 8:29 pm
|CryptoCom Pay Now Available for Shopify Merchants|
CryptoCom has announced enabling Shopify merchants to leverage its payment solution - CryptoCom Pay - on their online storefronts.
According to the official blog post, the crypto trading platform stated that the latest move should help the e-commerce company expand its reach by facilitating more ways for customers to make purchases with crypt...
May 17, 10:00 am
|Terra's Tendermint Touch — Cosmos-Based Token Economy Hit Hard by ...|
Since last week's Terra implosion and the demise of the blockchain project's native token LUNA - and the algorithmic stablecoin terrausd (UST) - crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost mo...
May 17, 8:55 am
|Bitcoin Maintains $30K, Terra's UST Continues Crashing and Dips to $0.04...|
Following yesterday's drop to $29,000, bitcoin reacted well and reclaimed the coveted $30,000 line. Most altcoins are sitting calm with minor gains, while Litecoin and CRO have emerged as today's top gainers from the larger caps.
Bitcoin Stands Above $30K
Last week's rollercoaster, which led to BTC creating history with its seven consecutive weekly...