Author: hotcrypto
As merchants and consumers become more familiar with cryptocurrencies and the number of ways to use them commercially expands, bitcoin is losing its dominance as the payment coin of choice. Nearly one third of the payments processed by crypto-focused BitPay are made with ether, stablecoins and a handful of smaller, so-called altcoins. Ether now accounts for 15% of the payments made on BitPay, which provides technology to allow merchants to accept cryptocurrencies at the point of sale, as well as a Mastercard-branded debit card that lets consumers spend a number of cryptocurrencies at millions of retailers. Stablecoins like tether, or…
2021 was a year of many things in the crypto market. We saw decentralized finance (DeFi), non-fungible tokens (NFTs), and so more. But, we also saw a lot of meme coin investing. Dogecoin’s price grew by 1,602% in 2021. At its height, Shiba Inu saw a gain of over 500%. For some crypto investors, meme coins offer the best opportunity for big gains. Now that we’re in a new year, you’re probably looking for the next Dogecoin. Which meme coin will rocket to the moon this year? Well, let’s see: What is a Meme Coin? Well, the name kind of…
TP ICAP’s digital assets business aims to extend its trades on crypto asset equity instruments to US exchange-traded funds after completing the first trade of this type with Goldman Sachs this month. The interdealer broker and market infrastructure provider’s digital assets business traded German-listed BTCetc, ETC Group’s Physical Bitcoin exchange-traded crypto product, on an outright basis against CME Group’s Bitcoin future in the form of an EFP (exchange for physical). Crypto ETP market makers DRW, Flow Traders and Jane Street provided liquidity. TP ICAP’s Digital Assets business has hit another milestone as it completes its first trade on crypto asset…
New York, USA, Jan. 17, 2022 (GLOBE NEWSWIRE) — The CoinAcademy team is pleased to announce the launching of a free cryptocurrency-based educational platform for the French-speaking crypto community. The new cryptocurrency information platform offers daily content for educational purposes for cryptocurrency enthusiasts who desire to be abreast of development in the crypto space. Besides its rich and educational content, CoinAcademy is completely free and expanding in France. The team’s goal is to educate crypto users across all French-speaking countries. CoinAcademy’s website is divided into different classes such as: In this section, you will learn what cryptocurrencies are. You will…
The adoption of blockchain technology is largely driven by the underlying capabilities and functionalities. As developers continue to innovate and leverage the technology, the number of blockchain projects is on a steady rise.Moreover, with the increasing number of blockchain users, it becomes necessary to allow interoperability between various blockchains. As there isn’t a one-size-fits-all solution that can address all the shortcomings of a particular blockchain, newer protocols keep getting developed to optimise the existing blockchains.Some examples of blockchain projects include the IOTA blockchain that aims to improve payments systems on the Internet of Things (IoT), VeChain, which strives to streamline…
Key Takeaways Contributors to THORChain have announced full Dogecoin support and integration. DOGE holders will now be able to earn yield on their DOGE as well as swap it for other native coins, like Bitcoin. The positive news follows a wild ride for the THORChain network. Share this article THORChain contributors have announced that the cross-chain liquidity protocol has fully integrated the platform’s features for Dogecoin. THORChain’s native DOGE liquidity pool has gone live, allowing users to trade their DOGE as well as earn yield on their DOGE. Dogecoin Goes DeFiDecentralized finance has been made available to DOGE holders.THORChain contributors announced today…
Decentralized Finance (DeFi) is one of the key trends in the blockchain industry and is causing many changes in the broader financial economy. The spiral growth of DeFi is a testament to the high potential of decentralized platforms and digital currencies. DeFi has introduced a paradigm shift to the traditional finance systems that have concentrated on consolidation and innovation but deemphasized financial inclusion. After DeFi, non-fungible tokens (NFTs) have emerged and almost caused a creative and entertainment industry revolution. Non-fungible tokens (NFTs) are tokenized pieces of art, songs, videos, and collectibles securely maintained and transferred via blockchain. It has opened…
Sphynx Labs, called the decentralized exchange, is officially integrating three different decentralized services, Chainlink, the leading network of Oracle, in a decentralized manner. Sphynx is working towards the enhancement of functions in its platform by- Using Chainlink VRF to verify that its drawing games are provably fair. Working with Chainlink Keepers to provide additional stop-loss and take-profit order features to our DEX. Using Chainlink Price Feeds, you may get reliable, real-time token pricing data. Building Fair Games using Chainlink VRF Chainlink VRF is an on-chain random number generator that is both safe and auditable (RNG). Using on-chain cryptographic proofs proving…
Cryptocurrency token Cardano (ADA) has soared in price in recent days as investors keenly anticipate the launch of a new exchange platform.Cardano is the fifth most valuable cryptocurrency in the world by market cap—the total value of all circulating tokens of a given type—behind Bitcoin, Ethereum, BNB, and Tether, according to CoinMarketCap.As of 11 a.m. ET Monday morning Cardano was up 5.2 percent over the previous 24 hours and more than 33.5 percent over the previous seven days to $1.48. Its market cap was $50 billion. It was one of the only major cryptocurrencies in the green at that time.…
ATLANTA–(BUSINESS WIRE)–BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced Jim Lester as the company’s first Chief Operating Officer (COO). With over 25 years’ experience including as SVP of Product Management, Strategy, and Marketing within Fiserv’s electronic billing and payments division, Mr. Lester brings extensive fintech, product and money movement expertise. As COO, Mr. Lester is focused on overseeing BitPay’s blockchain product innovation as the company continues growth and preps for the next phase of its crypto market expansion. “We brought in a Chief Operating Officer as we continue to scale as more payments move to…