Doge retreats as rate hike fears stalk crypto market and Ethereum goes to Poland - The Crypto Mile Weekly Update

Doge retreats as rate hike fears stalk crypto market and Ethereum goes to Poland - The Crypto Mile Weekly Update

This week's The Crypto Mile Weekly Update sees dogecoin scamper back to its kennel, undoing last week's rapid gains after the Dogechain ecosystem failed to inspire a sustained rally.

Over the weekend, bitcoin crashed and took most of the crypto-market with.

Prime memecoins such as dogecoin and shiba inu reacted by heading due south, chasing the tail of blue-chip cryptos, such as ethereum.

Cardano is well on the way to ensuring that the network's staking nodes upgrade to the new software version, v1.35.3.

The blockchain needs 75% of nodes to be on the newest version before the Vasil hard fork can be implemented.

However, the successful update of Cardano's latest software has done nothing to resuscitate ADA, down 15.26% in the last seven days.