Author: hotcrypto
Blockchain In my opinion, the benefits of blockchain are being paraded as akin to that of cryptocurrencies and while to a large extent that is accurate, from the few conversations I have had over the past weeks, there needs to be an urgent understanding of each of them, and both. For instance, while all cryptocurrencies utilise blockchain technology but not all blockchain technology is cryptocurrency. In elementary terms, a crypto currency is a digital currency. Its transactions are all verified and secured using a decentralised system that operates by cryptography. Crypto currencies are not backed by centralised systems and are…
Cardano was one of Saturday’s notable gainers, with the token surging to a three-week high. The sandbox was also in the green, rising to a multi-week peak, as sentiment in the cryptocurrency market remains mostly bullish. Overall, the global crypto market cap is up nearly 2% as of writing. Cardano (ADA) Cardano (ADA) climbed to a three-week high on Saturday, as the token rose for a fourth consecutive session. Following a low of $0.4894 on Friday, ADA/USD was able to reach a peak of $0.5235 to start the weekend. Saturday’s top is the highest point the token has traded at…
Litecoin’s in depth bullish vs bearish scenario analysis FXStreet This news is republished from another source. You can check the original article here
A much-anticipated update concerns Ethereum [ETH] and its significant transition to the Proof-of-Stake [PoS] space. The entire community has been keeping track of all the events leading up to the same. A few in the sector were anticipating yet another delay, even though the majority appeared to be expecting a smooth changeover. The ETH community, on the other hand, decidedthe decision to walk the ramp with flying colors and disprove the rest that seems to think otherwise. The developers of Ethereum (ETH) have announced that the prerequisite shadow forks necessary for the eagerly awaited blockchain upgrade known as The Merge have been…
The global crypto market has continued to show a positive trend. The value of Bitcoin, Ethereum, and others has improved slightly. But there is a trend of decrease in losses which might affect the market in the coming hours. The market couldn’t keep the gains as sturdy as these were hours back. These changes would be evident in the form of impending bearishness, which might be there soon. If the bearish wave dominates, the market will be deprived of the gains that it made recently. A lawsuit was filed against Elon Musk for leading investors into pouring their money into…
Dom DiFurio Canva Cryptocurrency burst into the American lexicon in the late 2000s as an alternative to central bank-regulated fiat currencies. More than a decade later, the nascent digital currency is coming into its own as a mainstream asset watched and traded by investors around the world. Americans’ online research into Bitcoin—the earliest cryptocurrency—apparently peaked in late 2017, according to Google Trends search data. Interest spiked again at the start of 2021 as young retail investors hyped up video game retailer GameStop’s stock and plowed their government stimulus checks into the markets. It was against this backdrop last year that…
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Shitcoins refer to cryptocurrencies that don’t have much utility but have made an impression on the market. Many crypto projects are based on mere speculation and in some cases it’s an effective marketing strategy, or celebrity endorsements, that make them the best shitcoins to buy – prompting investors to get in on the hype.We found 10 coins that have made the crypto community buzz. Massive hype has been created around the shitcoins we found, although some of the coins…
With their steady rise in popularity and utility, cryptocurrencies have been a progressive innovation in various economic sectors worldwide. It has struggled to gain face over the years and become a wholly adopted innovation by people and individuals worldwide. A lot has to be done for this progress to be faster, which is why various cryptocurrency platforms and tokens are being created today. These platforms serve a variety of functionality and usability, for instance, the Axie Infinity (AXS), which provides amazing experiences for users in the gaming sector, and Polkadot (DOT), which enables users to create their blockchain innovations on…
Crypto domain name registrations are surginggettyWhat Happened Web3 domain name services such as the Ethereum Name Service (“ENS”) and Unstoppable Domains have experienced a major uptick in interest and adoption in recent months. ENS just became the top ethereum project on leading NFT marketplace, OpenSea, in terms of seven-day trading volume, beating out mainstay NFT collections such as the Bored Ape Yacht Club (BAYC), CloneX, and Moonbirds. ENS is the leading decentralized domain name registry service. The platform enables users to register domains issued on the Ethereum blockchain that are programmable and interact with other Ethereum-based decentralized applications (“dApps”). ENS…
BitcoinBTC and cryptocurrency prices have rebounded this week, climbing despite a serious U.S. ban proposal. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price, up almost 10% on this time last week and back above the closely-watched $20,000 level, has rallied despite multiple price crash warnings. The price of other top ten cryptocurrencies—including ethereum, BNBBNB , XRPXRP , solana, cardano and dogecoin—have also surged as ethereum’s long-awaited upgrade gets underway—something some think could be disastrous for bitcoin. Now, as the U.S. Federal Reserve mulls another interest rate hike in…