Author: hotcrypto
Both Shiba Inu (CRYPTO:SHIB) and Dogecoin (CRYPTO:DOGE) gave investors something to smile about last week. On Wednesday, rumors of a potential listing on Robinhood (NASDAQ:HOOD) sent Shiba Inu’s price soaring at least 13% higher. Two days later, Elon Musk’s tweet that Tesla (NASDAQ:TSLA) will allow merchandise to be purchased with Dogecoin caused the meme coin to also jump 13%. Sure, both tokens have given up all of those gains and then some. But one of these stories could still have legs. Here’s why Shiba Inu’s Robinhood rumors are a bigger deal than Dogecoin’s Tesla news. Image source: Getty Images. Chump change Don’t get…
Atleast $1.41 million (Rs 10 crore approx.) has been mooched off by cyber criminals due to a “critical vulnerability” in one of the largest crypto token swapping platforms in the world, Multichain, formerly known as Anyswap. This development comes at a time when the security ecosystem around decentralised finance (DeFi) is being questioned, with billions of dollars worth of cryptocurrency stolen from DeFi platforms in 2021 alone. For the uninitiated, DeFi is an alternative finance ecosystem where consumers transfer, trade, borrow and lend cryptocurrency, independently of traditional financial institutions and the regulatory structures that have been built around banking. The…
Chainlink is one of the most rapidly expanding cryptocurrency projects, bridging the digital and real worlds through data. LINK is present throughout the crypto industry. Over the last three years, the company’s core oracle technology – a method of feeding external data into programmable smart contracts – has been implemented in over 300 applications. It has become such an essential part of decentralized finance (DeFi) that Vitalik Buterin has urged projects like UNI to convert into rival oracle tokens, in order to decentralize the space further.Chainlink’s native token, LINK, has risen to become one of the most valuable cryptocurrencies in…
ETC Group Announces Listing Of Popular Crypto ETPs On The Swiss Stock Exchange SIX – The Listing Of Polkadot, Solana And Cardano ETPs Marks A Year’s Anniversary Since ETC Group’s Physical Bitcoin BTCE Was Launched On SIX In January 2021 Skip to main Content This news is republished from another source. You can check the original article here
Stablecoins, or dollar-pegged crypto assets, comprise around 8% of the total crypto market capitalization with a combined market cap of $173 billion. That figure has surged more than 420% since the same time last year. Tether has been the dominant force in stablecoins for the past few years. In January 2021, USDT commanded a comfortable 75% market share. Today, Tether’s slice of the entire stablecoin pie has fallen to 45% but it still remains the market leader with 78.4 billion tokens in circulation. More USDC on Ethereum Tether’s closest rival is Circle’s USD Coin or USDC. It has experienced a…
Just this week, 44-year-old Changpeng Zhao, CEO of cryptocurrency exchange Binance, became one of the richest persons in the world with a net worth of $96.9 billion. However, this could be an underestimate, as this net worth does not include his holdings in cryptocurrencies and Binance’s token known as Binance coin (BNB), which has been trading in the $500/token range recently. Add all these to his net worth, and Zhao is possibly the richest person on this planet. However, except El Salvador, almost all countries including China, Russia, Indonesia and India do not allow cryptocurrencies to be used as fiat…
The ETH/USD pair closed at $3,159.96, after reaching a high of $3,242.13, and a low of $3,084.78. ETH/USD maintained its bearish momentum and fell for another session on Tuesday, extending its losses and reaching an 8-day low. As cryptocurrencies are becoming more popular, more and more investors prefer to hold their wealth in cryptocurrencies, like BTC and ETH, instead of cash. More and more billionaires and celebrities are publicly saying that they would prefer to hold their wealth in cryptos rather than fiat.Recently, a popular American rapper, Lil Baby, has professed his support for crypto coins, especially BTC and ETH,…
This article features the top ten cryptocurrency prices today on January 19, 2022The crypto world witnessed turbulence last week as another variant of Covid-19, omicron had emerged. Bitcoin, the world’s most popular cryptocurrency, was trading at US$41,712.17 or 0.66 percent lower than its price 24 hours ago. Even though eight out of ten major cryptocurrencies are in red today, the total crypto market volume over the last 24 hours is US$78.87 billion, which makes a 3.64% increase. Here are the top 10 cryptocurrency prices you should check before investing.Analytics Insight lists the top 10 current cryptocurrency prices on January 19,…
The percentage of the global Bitcoin mining industry running on renewable power increased by 1% to 58.5% in the fourth quarter of 2021 according to new data. The Bitcoin Mining Council (BMC) announced the findings of its fourth quarter survey on Jan. 18. The survey focused on three metrics: sustainable power mix, technological efficiency and electricity consumption. Q4 #Bitcoin Mining Council Survey Confirms Improvements in Sustainable Power Mix and Technological Efficiency. Estimated sustainable energy mix was 58.5%. Join us at 5pm ET today for a full briefing.https://t.co/t1gTZV9GtT— Michael Saylor⚡️ (@saylor) January 18, 2022 Founded in May 2021, the BMC is…
Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform. Morning Coinheads. In this edition of Crypto Espresso, Walmart wants its own cryptocurrency, LTC eyes an ATH, and what’s next for Maker? US market close: Bitcoin Cash turns green The prominent cryptocurrencies were mostly lower later on Tuesday after trading down for much of the morning. In afternoon trading, Bitcoin went 0.14% lower, ethereum sank 1.53%, while Litecoin went down 4.58%. Bitcoin Cash held onto gains, trading at 1.35% in positive territory.…