Author: hotcrypto
Blockchain technology offers elegant solutions for multiple use cases and improves the traditional system by making it transparent, censorship-resistant, fairer, and removing any third-party intervention. In recent years, the crypto industry and particularly the Ethereum ecosystem have pushed this technology to the next level opening opportunities for several sectors. The BC.GAME project has managed to leverage Ethereum and its smart contract capabilities to build a game and gambling platform which brings the principles of blockchain, fairness, and transparency, to an industry that no longer needs to be based on trust. The platform is based on the hash algorithm and storages…
MicroStrategy CEO Michael Saylor at Bitcoin 2021 MiamiJoe Raedle/Getty ImagesMicroStrategy said Thursday it loaded up on more bitcoin in December, as the cryptocurrency suffered its worst monthly price slump since the spring. CEO and bitcoin proponent Michael Saylor said in a tweet Thursday that the enterprise-analytics software company he co-founded purchased 1,194 bitcoins for $94.2 million in cash, at an average price of $49,229 each. “As of 12/29/21 we #hodl ~124,391 bitcoins,” he wrote, using shorthand for “hold on for dear life,” a term popular with cryptocurrency and meme stock investors who plan to stick firmly with their investments. He noted the company…
I trained as a financial historian. My academic work focused on banks and financial markets in the past, and I was always fascinated by iconic bubbles of financial history — the tulip mania, the financial boom of the 1690s, the South Sea Company and Britain’s many financial panics in the 19th century. I wrote a thesis on the 1847 commercial crisis. I analyzed financial returns on London’s stock market in the Victorian and Edwardian eras, and showed that returns then squared well with the first round of factor analyses developed a century later. I investigated the Bank of England’s role…
Litecoin founder Charlie Lee often refers to the cryptocurrency as the “silver to Bitcoin’s gold.” Apart from sharing the same codebase, both cryptocurrencies also exhibit mostly similar price movements in cryptocurrency markets, rising and falling in tandem. They also complement each other. Bitcoin’s original mandate was to become a medium for daily transactions. But scaling problems have prevented it from fulfilling that role. Meanwhile, Litecoin has picked up the mantle and incorporated scaling technologies into its ecosystem to enable digital payments on its platform. In 2017, Litecoin had, what some analysts called, a phenomenal year. As of 2021, there are…
Post Views: 575With another little fall in the cryptocurrency market this week, it appears that some currencies have managed to stay afloat. Tether witnessed a big boost for a slight decrease in the market, and HUH Token saw 4X its liquidity in a couple of days since its early December introduction.Binance has begun to withdraw its trading platform from Singapore, yet it looks that, as the year draws to a close, cryptocurrency has experienced a bullish market.It appears that the crypto Christmas spectacular is in full swing.And that might lead to a prosperous crypto season for you and others, however…
As regulatory uncertainty continues to plague the global digital asset ecosystem, there are many anti-crypto proponents who continue to harp on the fact that the industry as a whole has a long way to go when it comes to securing itself in a manner that is anywhere comparable to the traditional finance system. Now, with the recent Bitmart hack coming to light, these individuals have been given even more firepower.To recap, on Dec 5, cryptocurrency exchange Bitmart was on the receiving end of a major hack that saw the platform lose nearly $200 million via a hot wallet compromise hosted…
Thinking About Buying Polkadot, Cardano, Chainlink, KickToken, or Zum Token? PRNewswire This news is republished from another source. You can check the original article here
With more than 100 million cryptocurrency investors already dabbling in a US$3 trillion global market, New Zealand digi-natives are increasingly joining the DeFi club. In this two-part series, Jane Phare delves into digital currency and NFTs to find out why Kiwi Millennials and Gen Z are embracing the blockchain. Everyone loves a get-rich-quick story, or even a get-rich-slowly one. Oil, gold, diamonds, tulips, property, shares, Lotto, or simply the formula of fried chicken covered in 11 secret herbs and spices. What’s your dream?The “digital space” is no different. It’s full of virtual hype – stories of Bitcoin billionaires and crypto…
What happened Following a day of sell-offs on Friday, the cryptocurrency market is posting some recovery momentum on Saturday. As of 10 a.m. ET, Bitcoin (CRYPTO:BTC) was up roughly 3.3% from the stock market’s closing bell on Friday. Meanwhile, Ethereum (CRYPTO:ETH) and Dogecoin’s (CRYPTO:DOGE) tokens were up roughly 6.4% and 6%, respectively, over the same period. Crypto prices began soaring in October and continued to gain ground until momentum started reversing in mid-November. The overall cryptocurrency market has continued to move lower in December as investors have weighed regulatory risk factors and the possibility that valuations for digital tokens may…
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