Bitcoin’s last move above 39 thousand dollars confirms that the bulls will not give up immediately, it is necessary not to miss the current developments in the altcoin market. In this article, we have compiled the most critical altcoin news of the week in a single list. Details are on Kriptokoin.com.
Recent developments from the altcoin market
- The CEO of movie giant AMC, Adam Aron, has reiterated his company’s plan to launch its own cryptocurrency, but for now, there is no definitive information.
- Bitstamp announced that it has listed the tenth largest cryptocurrency Avalanche (AVAX).
- SHIB community has reportedly been keen to open multiple branches of Welly’s fast food restaurant, which has recently partnered with Shiba Inu. A new location of the Shiba Inu-themed restaurant will begin serving next year.
- FTX exchange announced the listing of Terra USD (UST), an algorithmic stablecoin of the Terra (LUNA) ecosystem, on March 6, 2022.
- DEX platform KyberSwap released on Arbitrium, the leading Ethereum second layer platform.
- More than 800,000 NFTs have been printed using NFT MAKER (NMKR), the first publicly available ‘Mint On Demand’ tool to run on Cardano (ADA), reaching a milestone.
- Router Protocol, an infrastructure layer that enables communication between blockchains, announced today that it has integrated the C-Chain of the Avalanche network into its cross chain messaging protocol.
- Financial services company Santander said it will introduce a new type of loan in Argentina that backs agricultural commodity-backed tokens. Credits are backed by tokens tied to grains such as soy, wheat and corn.
- Kusama Kingdom announced that it will add the Queens collection to its ecosystem.
- WhaleStats recently made Polygon (MATIC) one of the most accumulated tokens by the 1000 largest Ethereum whales in the last 24 hours. announced that it has arrived and is moving towards the “10 most purchased tokens” leaderboard.
- BabyDoge recently announced that they have officially partnered with Simplex, a leading payment solution provider. The partnership will allow users to purchase BabyDoge using their card directly from BabyDoge’s website.
- Santiment reported that the total value of stablecoins at addresses with balances between 10,000 USDT and 1 million USDT increased by $1.06 billion last month. This shows that whales bought $1.06 billion USDT under current market conditions.
- BNB Chain-based Xido Finance (XIDO) has gained 160% over the past 3 days. This bullish wave came after a multi-month period of consolidation.
- Popular company producing the world’s 10 largest graphics and media software, Adobe, Behance, announced that it will support Solana NFTs. Thus, users can link their Behance and Phantom wallet accounts and showcase their Solana NFT.
- Yield Guild Games (YGG) reached the milestone of 20,000 Axie Infinity P2E scholarships. “Scholarship” makes it possible for play-win players to lend their accounts to other users for a certain period of time and earn money from it. In this lane, Yield Guild Games has come a long way with 20 thousand scholarships.
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