Author: hotcrypto
Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network’s proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s market cap of $7.83 billion, though the well-followed memecoin is still comfortably ahead of the third place PoW cryptocurrency Ethereum Classic (ETC) (with a market cap of $4.69 billion), Litecoin (LTC) ($4.01 billion) and Monero (XMR) ($2.65 billion).Ranking of PoW-Based Cryptocurrencies by Market Cap. Source: Coinmarketcap.com.One Dogecoin fan appeared to be in disbelief of Dogecoin’s rise to become the second largest PoW cryptocurrency, stating “who would…
DeFi: The Basics BenzingaDeFi: Is Anyone Really Using It? ForbesWhat Is The Difference Between DeFi, CeFi and TradFi? Screen RantExplain It To Your Boss: DeFi TechHQThe 3 Cryptocurrencies Contributing to the DeFi Growth Al BawabaView Full Coverage on Google News This news is republished from another source. You can check the original article here
The latest Chainlink price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Source: Coin360Although the bears were in the winning position, a downtrend has been following since then, and the recent progress is also in favor of the bears. This is a worrisome sign for cryptocurrency, as the price has lowered to the $7.80 mark, which is already quite a low price. LINK/USD 1-day price chart: Bears bring another selling spree The 1-day Chainlink price analysis chart shows that the crypto has been on a downtrend for the…
Alex Dovbnya The Cardano Foundation will develop a traceability system for controlling the quality of Georgian wine The Cardano Foundation has announced a partnership with the National Wine Agency of Georgia. Cardano’s blockchain technology will be used to make sure that the quality of Georgian wine remains consistently high. The foundation will develop a “creative” and “cost-effective” certification and traceability system together with Swiss connected goods and packaging platform Scantrust. A pilot program will include 100,000 bottles of wine bottled next spring in Bolnisi, a city in the Kvemo Kartli region. Consumers will be able to check its…
Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has lost 1.85% to $117.97. InvestorsObserver is giving Bitcoin Cash a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash! Moderately Volatile InvestorsObserver gives Bitcoin Cash a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. BCH’s moderate volatility reading is coupled with a…
The sports field has been one of the most accepting of cryptocurrencies in recent years. Teams are launching fan tokens and other assets to engage with their fans – essentially creative ways to involve their fans in team decisions.Chiliz aims to make it easier for sports teams that haven’t jumped on board yet. The platform offers impressive opportunities for teams and their fans to engage, and its CHZ token has become a popular Web3 coin.This article will explore how Chiliz works and provide a detailed tutorial on how to buy the digital asset.Where to Buy Chiliz CHZThis section is our…
“Think of cars. All the engines are like gasoline engines. It wasn’t until the first electric engine was created that cars can go really fast and for long amounts of time. And this is the same with crypto,” he told CoinDesk in a video interview. “First, we have proof-of-work, which is like gasoline engines. But now Ethereum is the first protocol to have a big upgrade to use electric engines, and the possibilities with electric engines are so much bigger. And this is the moment … it can skyrocket in terms of value, new dynamics, scalability, interoperability and privacy.” This…
SAN FRANCISCO (AP) — A complex software change to the cryptocurrency ethereum holds the potential to dramatically reduce its energy consumption — and resulting climate-related pollution. But the transition known as “the merge” is not going to do the trick by itself.With the change enacted late Wednesday, ethereum — the world’s second most valuable cryptocurrency after bitcoin — has effectively eliminated the energy-intensive task of “mining” new coins on its blockchain. Mining requires enormous computing power, which translates to huge energy consumption and, in many areas, greater greenhouse gas emissions at older power plants.By itself, however, the ethereum change won’t…
LIMESTONE, Tenn. (WJHL) — It was June 9 when Bitcoin miner GRIID’s CEO Trey Kelly personally spoke to Washington County residents angered about a noisy Bitcoin mine in Limestone. That night, after grilling Kelly and extracting multiple concessions, county commissioners agreed to terms settling their lawsuit against GRIID subsidiary Red Dog Technology and local utility BrightRidge. News Channel 11 has learned that was also the date GRIID received its first letter from its creditor, Blockchain Access UK Limited, claiming GRIID had defaulted on its credit agreement with Blockchain. PREVIOUS: BrightRidge offered Bitcoin mine operator $100,000 incentive, said noise wouldn’t be…
Flasko (FLSK) Becomes Top Coin to Watch While Binance Coin (BNB) and Litecoin (LTC) Go Down the Slope Flasko, a new protocol with a unique aim, has taken the crypto world by storm, while older tokens like (BNB) and (LTC) have been recording bloody charts and negative price action. If you’re wondering why a new token still on presale could outperform two influential cryptocurrency tokens in the ecosystem, keep reading. Binance Coin (BNB): Investors have been unstaking The Binance Coin (BNB) is the utility token that is used to carry out operations on the Binance Smart Chain. Holders of the…