Despite the ongoing bear market, development and partnerships are still ongoing in the crypto market. In the latest news, MetaMask has integrated the Cardano blockchain into its platform.
Also, the circulating supply of the Ethereum coin has increased in the past week. Meanwhile, the drums are rolling for a new project, IntelMarkets. The project plans to raise $1 million in the coming weeks.
MetaMask Users Can Now Transact on the Cardano (ADA) Network
MetaMask, an ETH-based wallet, has added support for the Cardano wallet Snap. This integration is good news for both Cardano and MetaMask users. According to the latest news, this will allow MetaMask users to transact on the Cardano network.
They can use the solution to generate the Cardano accounts and engage with the dApps on the Cardano. They can also manage blockchain native assets – Cardano ADA and other tokens. Meanwhile, ADA is showing losses on the weekly and monthly charts.
The crypto is trading around the $0.3 region while its market cap ranges between $11 billion and $14.5 billion. If positive sentiment returns to the market, we might see Cardano price USD crossing the 50-day SMA ($0.368544).
Ethereum (ETH) Circulating Supply Increases
The circulating supply of Ethereum (ETH), the second-largest cryptocurrency, has increased recently. According to Ultrasound.money data, there was an increase of 16,411.40 tokens in a week. On 25th August, ETH supply was at 120,308,385.
However, it increased to 120,324,796 on 5th September. This move could lead to more price slumps in the coming weeks. For now, the Ethereum price is trading below the 50-Day SMA ($2,874.1 and 200-Day SMA ($3,188.02).
Its market cap is around the $240-$360 billion range. In the future, the sentiment surrounding the Ethereum crypto is negative. Moreover, its 14-day RSI is in a neutral zone, making the cryptocurrency unpredictable.
IntelMarkets Intrigue Investors With Dual-Chain Architecture
IntelMarkets (INTL) is gaining attention in the market right now. It has been able to raise more than $230K and is aiming to raise $1M before the start of the fourth quarter. What makes IntelMarkets interesting is that it will be an AI-driven smart trading platform. IntelMarkets is a dual-chain platform, meaning it operates both on Ethereum and Solana.
Traders can choose which blockchain they want to use. While Ethereum brings security and access to liquidity pools, Solana is known for its speed and low transaction fees. According to reports, IntelMarkets is 500 times faster in trade settlement than Starknet.
Meanwhile, IntelMarkets offers perpetual futures trading which has no expiry dates. Users can keep trading as long as they want. The INTL native token is by far the biggest part of its ecosystem. It has many uses and is currently trading at $0.009. Analysts forecast its value will rise by 11x after it is listed on exchanges.
IntelMarkets’ 11x Gain Attracts Ethereum and Cardano Investors?
IntelMarkets is among the best-performing presales in the market right now. The project has been the talk of the crypto community, raising over $230k.
Analysts forecast the price of its native token, INTL, will increase by 1,100% in the coming months. This potential makes it a good option for Cardano and Ethereum investors.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
