Author: hotcrypto

Wondering about a world where IoT devices will be able to interact within themselves, where amazon Alexa seems like a foundational device allowing huge connected features and accessibility with just one device.  IOTA’s distributed ledger is working on similar technology, with billions of IoT devices already existing in the market. It’s just the right time before someone taps into this industry. MIOTA token is its official tender to pay transaction fees for smart contracts and other transactions between different devices connected to its network.  The outlook of this token seems positive as it’s a unique prospect being explored by a…

A popular analyst is providing price target updates for a handful of crypto assets as the markets fight to wrap up the week in positive territory. The pseudonymous trader known as Altcoin Sherpa tells his 181,400 Twitter followers that after a week of choppy downward price movement, he still believes Bitcoin (BTC) has enough strength to recapture $28,000 in the near future. “Still expecting this low to hold for now. Would like to see a sustainable higher high coming, still going to assume $28,000 is coming until shown otherwise.” Source: Altcoin Sherpa/TwitterBitcoin is trading even on the day, but at…

TRX price has recoiled in the past few weeks as demand for the coin and its USDD stablecoin eases. Tron dropped to a low of $0.067, which was much lower than this month’s high of $0.072. It has a market cap of over $6 billion.Tron overtakes BNB Chain in DeFiTron is a leading blockchain project that was developed by Justin Sun, one of the most prominent people in the industry.He created the platform to become an operating system for the blockchain industry. Along the way, Sun has acquired existing companies and introduced new products to boost the ecosystem.The most prominent…

Experienced traders make sure to learn the key differences between Polkadot (DOT) and Chainlink (LINK). These two networks focus on different aspects of the market’s development. As such, it’s possible that these networks could complement each other rather than compete. Here is everything you need to know about Polkadot (DOT) vs Chainlink (LINK).What is Polkadot?Polkadot is a multi-layer blockchain ecosystem designed to improve Dapp development. The platform comes from the minds of one of Ethereum’s co-founders, Gavin Wood. Wood created Solidity, the programming language used by Ethereum. He split from the project to develop a more robust blockchain to meet…

Cardalonia, the Web3 startup that claims to be “building the biggest metaverse ecosystem on Cardano” recently reported some great news. On April 18, the Estonian crypto startup that is developing the upcoming Cardano-powered NFT-based play-to-earn (P2E) game Cardanlonia ($LONIA) announced that it had raised $420,000 in a pre-seed round. In a press release issued on that day, here is how they defined the term metaverse: “A metaverse is a network of 3D virtual worlds focused on social connection, facilitated by the use of virtual and augmented reality headsets and Blockchain assets that would ensure the scarcity and immutability of in…

It’s been a while now that the ethereum ethereum Blockchain NetworkTechnology Followers : 0 View profile network is planning for a migration from its present proof-of-work (PoW) to proof-of-stake (PoS). However, after much of a delay, finally Ethereum developers have scheduled the merge for September.Hence, the various outcomes after the Ethereum merger are being looked upon by traders and investors.Earn Hardfork TokenHold on to your ETH to earn a hardfork token, is the first possible strategy. For this, traders should deposit their Ethereum (ETH) on the spot market and hold it in whatever exchange platform or wallet they wish. Then…

This article will discuss two decentralized tokens built in the same blockchain and how they have developed more practical uses. Keninah Concord (KEN) – A Decentralized Donation ModelKeninah Concord (KEN) is the home for the KEN token, while both of them are hosted on the Binance Smart Chain network. The vision of Keninah Concord is to create a payment system that is trustworthy, transparent, and secure for donors who intend to make donations in the event of world disasters like volcanic eruptions, wars, flooding, mudslides, e.t.c. The reason why they came up with this idea is two fold. The first…

CHICAGO, Aug. 18, 2022 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, today announced it plans to launch options on Ether futures on September 12, pending regulatory review. These new contracts deliver one ether futures, sized at 50 ether per contract, and based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of Ether. These new contracts will also expand CME Group’s existing suite of Cryptocurrency options contracts, which include Bitcoin options, as well as micro-sized Bitcoin and Ether options. “The launch of these new options contracts builds on the significant…

JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. As the Financial Giant’s Market Strategists Focus in on The Merge, JPMorgan Analyst Says Staking Revenue Could Bolster Coinbase In 29 days, the Ethereum network is expected to implement The Merge on or around September 15, 2022. It will be a very big deal for…

Australian consumers can now use bitcoin for everyday purchases at over 175 OTR locations and 250 Peregrine Corp. locations. OTR partnered with Crypto.com to provide instant fiat conversions from bitcoin to Australian dollars for the merchants. DataMesh Group provides payments infrastructure to bridge the gap between OTR and Crypto.com. Australian consumers can now use their bitcoin for everyday purchases at more than 440 retail outlets owned by Peregrine Corp., including over 175 OTR fuel and convenience stores.The feature is being implemented through a partnership with cryptocurrency exchange Crypto.com, according to a press release.To use the service, consumers looking to use…