Altcoin News by Thebittimes.Com

The native token of the Ethereum Name Service platform, ENS, has emerged as the top gainer among the leading 100 cryptocurrencies after teaming up with the popular domain name registrar GoDaddy.  ENS is up by 19.3% in the past 24 hours and is trading at $21.6 at the time of writing. Following the price hike, the asset’s market cap surpassed the $660 million mark — making it the 93rd-largest crypto. ENS price, whale activity, RSI, funding rates and open interest – Feb. 6 | Source: Santiment The daily trading volume of ENS also rallied by 225%, reaching $200 million. Data shows that almost 30% of the token’s trading volume comes from Binance. According to data provided by Santiment, the total open interest (OI) in ENS increased by $16.9 million over the past 24 hours — currently sitting at $60.05 million.  You might also like: Solana network usage hits all-time high; will SOL price reach $120? However, the asset’s total funding rates declined from 0.009...

Founder of the Cosmos block chain , Jae Kwon, has announced plans to fork a new chain , called AtomOne, follow ing a governance vote that did not align with his stance.  The news come after the Cosmos community welcomed a proposal to trim the maximum inflation rate of ATOM, the network’s native token, from 14% to 10%. The proposal recently passed despite Kwon voting against it, as it clinched the required governance vote. Kwon is now pushing for a split, seeking to fork the Cosmos network to create the new chain. He addressed the Cosmos community on X (formerly Twitter), emphasizing the need for a detailed discussion on the potential split.  Now listen up Cosmonauts. Despite our voting NWV #848 has ended up passing, something that isn't too surprising (though it would be good to know whether the later votes came from newly purchased atoms) @cosmos @Allinbits_inc #raptureparty #atomone Now let's coordinate a split. — antechristus #343 (@jaekwon) November 25, 2023...