Author: hotcrypto

A recent report by Electric Capital, which analyzed nearly 500 thousand code repositories and 160 million code commits across Web3, uncovered the top blockchain ecosystems based on one of the key “indicators of value creation”–developer engagement. To create its 2021 Developer Report, the early-stage venture firm focused on open-source repositories only, inferred non-original commits and credited only original authors and ecosystems that produce code–not counting no-libraries and eliminating machine-generated code.65% of active developers in Web3 joined in 2021Web3 development is at an all-time high, as 65% of active developers hopped on board during the past year alone. The number of new developers…

Today, Loopring (CCC:LRC-USD) is in the spotlight after GameStop (NYSE:GME) announced it would be launching a marketplace for non-fungible tokens (NFTs) later this year. The video-game retailer also announced that it was close to signing agreements with two undisclosed crypto companies, bringing attention to Loopring price predictions. These partnerships will see the companies collaborate to design and invest in games that use blockchain and NFT technology. Crypto speculators believe one of these companies is Loopring. At the time of writing, LRC crypto is currently the 58th largest crypto based on its market capitalization of $2.27 billion. Source: Vladimir Kazakov /…

In this article, BeInCrypto takes a look at the seven altcoins that have decrease the most over the last seven days, from Dec 31 to Jan 7.  These altcoins are:  SushiSwap (SUSHI) : -31.71% Kadena (KDA) : -25.27% Gala (GALA) : -24.70% Axie Infinity (AXS) : -23.62% Aave (AAVE) : -21.51% IOTA (MIOTA) : -20.61% Gnosis (GNO) : -20.57% SUSHI SUSHI has been moving downwards since its all-time high of $23.4 on  March 13. The downward movement could be a completed corrective structure, which lasted twice as long (dashed lines) as the preceding upward movement. In this possibility, SUSHI would…

Ever since Goldman Sachs MD Aziz McMahon left Goldman Sachs in May 2021 after allegedly making a small fortune in Dogecoin, jobs in investment banks haven’t been quite the same. Even if this year’s bonuses are as massive as the early reports suggest, there will always be a sense of FOMO – a $2m bonus for 2021 isn’t bad if your 2020 bonus was $1m, but what if you could have made more and worked less at a crypto market maker? Worse, what if by sticking with a bank in 2022 you’ll be eroding your potential employability in a future that’s all about DeFi?…

Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole. Currently, Tether (USDT) and USD Coin (USDC) are the dominant stablecoins in the market, but their centralized nature and the persistent threat of stablecoin regulation have prompted many in the crypto community to shun them and search for decentralized alternatives. Top 9 stablecoins by reported market capitalization. Source: MessariBinance…

Chainlink, Polygon, Polkadot, Bitgert, Centcex & Decentraland – Top 6 Cryptocurrencies Of 2022?The year has just started, and it is getting clear that most cryptocurrencies might end 2022 on a high. The best way to tell a good crypto project is by how disruptive the upcoming developments will be to the industry. That’s what makes an ideal cryptocurrency. These might be some of the top cryptocurrencies of 2022: 1. Chainlink (LINK) Chainlink is one of the crypto projects to watch in 2022 due to the disruptive nature of its technology. This is a blockchain-based technology that integrates off-chain data into contracts.…

Bitcoin Weekly Forecast: BTC to revisit $52,000 after recent sell-off [Video] Bitcoin price shows dual nature as it undergoes another sell-off albeit a relatively smaller one compared to the ones seen on December 4, 2021, and January 4. Ironically, the downswing presents a bullish opportunity as it sets the perfect stage for a move higher. From a long-term perspective, however, there is still room for the big crypto to slide lower. Top 3 Price Prediction Bitcoin, Ethereum, XRP: False selling pressure to trigger new crypto uptrend Bitcoin price has developed one of the most obvious head-and-shoulders patterns on its daily…

Bitcoin Cash’s (CRYPTO: BCH) price has decreased 3.5% over the past 24 hours to $387.76, continuing its downward trend over the past week of -8.0%, moving from $427.48 to its current price. The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for…

A Bloomberg report has revealed that customers of Coinsuper, a Hong Kong-based cryptocurrency exchange, cannot withdraw their money or assets like Bitcoin, Ethereum from the platform. Some of the complainants have gone as far as reporting the situation to the police. Coinsuper Users Can’t Withdraw Funds Available information from Bloomberg obtained via Coinsuper’s official group chat on Telegram noted that the platform has deactivated its withdrawal option since November last year. According to the report, the group’s administrator had stopped responding to messages in the month before recently resurfacing to ask for the emails of the affected users. An affected…

All of the largest cryptocurrencies were down during morning trading on Friday, with Ethereum ETHUSD seeing the biggest move, falling 6.45% to $3,205.43. Uniswap UNIUSD shed 6.24% to $15.97, and Polkadot DOTUSD dropped 5.61% to $25.33. Dogecoin DOGEUSD fell 5.61% to 15 cents on Friday, while Ripple XRPUSD fell 3.19% to 76 cents and Cardano ADAUSD dropped 3.53% to $1.23. Bitcoin BTCUSD and Litecoin LTCUSD fell 2.84% to $41,891.47 and 2.50% to $133.14 Bitcoin Cash BCHUSD rounded out the decreases with a 2.34% decline to $390.59. In crypto-related company news, shares of Coinbase Global Inc. COIN rose 1.03% to $236.41,…