Author: hotcrypto

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Photo by Jason Pofahl on UnsplashIt’s abundantly clear that cryptocurrency, DeFi, and the blockchain technology making it possible—are all here to stay.  While prices of the most famous coins continue to spike and drop, the actual innovation developed by the industry in 2021 is something that society will be discussing for decades.  The number of platforms has exploded, and though there have and will always be a few junk coins and scam platforms, there are many more with solid…

Bitcoin (CRYPTO: BTC) held its head above the water Monday evening but most major altcoins remained subdued as the global cryptocurrency market cap decreased 1.6% to $1.7 trillion. What Happened: The apex coin traded 1.4% higher over 24 hours at $36,450.99. Over a seven-day period, it has plunged 13.7%. Ethereum (CRYPTO: ETH), the second-largest cryptocurrency, traded 2.7% lower over 24 hours at $2,422.50. For the week, it has dropped 24.5%. Dogecoin (CRYPTO: DOGE) was down 0.8% over 24 hours at $0.14 over 24 hours. Over the last seven days, it has fallen 20.1%. DOGE-rival Shiba Inu (SHIB) declined 5.5% to…

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Derek Yoo is the CEO of PureStake, the technology company behind the Moonbeam Network. He recently joined the Bitcoin.com News Podcast to talk about the technology: Derek Yoo is a serial Web2 technology entrepreneur who has spent the past 20 years building successful software and cloud companies. Prior to creating Moonbeam, Derek was the co-founder and CTO of Fuze, where he…

Liam Payne is branching off from his 34 million Twitter followers to build his own crypto-centric micro-following on his new stan account for NFTs. The former One Direction member invited his audience to follow him on his new account, @PaynoETH, dedicated solely to posting about the latest developments in the world of non-fungible tokens. For his first tweet on the new account, which gained 26,000 new followers in half an hour and has a handle inspired by the blockchain Ethereum, Payne wrote: “This is the start of something new for me which is always exciting. Come with me on this…

An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto world thanks to legal clarity.Here, we’ll look back at the most important developments in the German blockchain and cryptocurrency industries in 2021.Securities law reform to embrace blockchainIn terms of legal challenges, German legislators have increasingly been taking a lead role and 2021 was no exception.Since June 2021, the Electronic Securities Act (Gesetz über elektronische Wertpapiere) established digital securities and…

The cryptocurrency market has suffered a massive drop that put crypto token prices at multimonth lows. The news: The cryptocurrency market saw $130 billion wiped off its value in the last 24 hours, per CNBC. Major coins — such as bitcoin and ether — all suffered massive drops. Bitcoin and ether are off more than 50% from all-time highs, according to CNN. What’s happening: “The movements in cryptocurrency markets have been correlated to the selling seen in higher risk assets like technology stocks as investors prepare for tighter monetary policy from the U.S. Federal Reserve and higher interest rates,” according…

While Ethereum (ETH) is constantly in the news cycle regarding its upcoming 2.0 update, similar smart contract-powered platforms are slowly building up their reputations. One such network is Cardano (ADA), a peer-reviewed, proof-of-stake (PoS) blockchain network for DApp development and decentralized finance (DeFi). As developers begin deploying DeFi decentralized applications (DApps) on the Cardano platform, they’ll need the support of layer-two solutions to scale, remain secure and manage and incentivize their communities. ADALend is leading the charge in this regard, offering features to slowly entice users away from Ethereum and onto Cardano.A decentralized shiftADALend is a Cardano-based lending protocol aiming to…

Chainlink is on a roll as the venture is scoring consecutive collaborations. The oracle network recently gained another client in the form of Leadingblock, a crypto borrowing, and lending platform. Lendingblock released an official post about the integration, which will help them gain decentralized price data. Renowned for its consistency, Chainlink Price Feeds offers real-time market price data for 100+ assets. It is due to Chainlink’s market performance and popularity that LINK is one of the most popular coins in the industry. Users can read more about LINK price prediction to gain useful insights on the topic. The reason behind…

COTI recently announced a new partnership with Indigo, a well-known algorithm autonomous synthesis protocol. The collaboration will see COTI working with the Cardano-based on-chain platform to integrate DJED.  Moreover, the partnership will see Indigo users gaining access to DJED as collateral for trading and minting new iAssets. A stablecoin like DJED will add more stability to debt positions, also known as CDPs. Check out this COTI price prediction to know more. The integration will remove volatility from one side of the transaction to enable a standard investment approach. It will facilitate a lower risk assessment for customers holding CDPs of…

As the name suggests, Bitcoin Cash is much like Bitcoin, but it offers some unique features. Many analysts believe that it has the original bitcoin technology to create peer-to-peer transactions laid out by the founder of the BCH protocol pseudonym as Satoshi Nakamoto. It is a decentralized electronic cash system that does not rely on any central authority or third-party interference. The core features of Bitcoin Cash are: It is open to anyone, and users do not need to ask permission to use it. Identities are not revealed during transactions, so it protects privacy without censorship. All transactions are recorded…