Cardano Will Allow Users to Run Smart Contracts Once Hard Fork Occurs
Users will be able to deploy smart contracts once the Cardano hard fork happens. Charles Hoskinson believes most of the upcoming upgrades will happen between August and September this year. ADA is currently priced at $1.37, down from its all-time high of $2.45.
Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16%
The crypto market cap has reached a six-month high at $1.660T as bitcoin and most of the altcoins are deep in green. The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day. Crypto Market Cap at 6-week High: Polkadot(Dot) Explodes 16%.
As the overall cryptocurrency market continues to expand with more user participation, stable coin providers have been competing to gain major market share. As it seems, stable coin Tether (USDT) continues to dominate the market with $61 billion USDT coins floating in the market.
XRP’s Average Daily Trading Volume Doubled to $4 Billion in Q2 Amid Heightened Volatility
The average daily trading volume of the XRP token has surged in the second quarter of the year, despite the ongoing legal dispute involving its largest player Ripple and the U.S. Securities and Exchange Commission (SEC). Similarly, the price of XRP high a $1.83 high before plunging to a $0.5 low this quarter. The cryptocurrency’s price then recovered and is now trading at $0.72.
MicroStrategy Secures A Whopping $1.4 Billion In Bitcoin Gains – Not Dumping Anytime Soon
The company made around $1.4 billion in profit on paper as it has not sold or plan to sell its BTC holdings soon. The company acquired its Bitcoins with both operating income and debt of $2.2 billion at a blended interest rate of around 1.5% interest. Saylor, pitching to win potential investors over for the company.
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