Author: hotcrypto
Tamadoge is the newest addition to the meme coin niche and the first such platform with features such as play-to-earn mechanics, a built-in NFT store, and a metaverse. Moreover, it’s seriously threatening to snatch the top position from Dogecoin and Shiba Inu by offering users superior token utilization. Dogecoin and Shiba Inu are aware of the new meme coin, so they are upgrading their features to survive in the new crypto environment. Shiba Inu is already working on its metaverse and NFTs, but will it be enough to stay in front of Tamadoge? Stay with us as we compare the…
Decentralised finance, also known as DeFi, seems to be the new way forward when it comes to crypto. Whilst the crypto market is known to be constantly changing and can be seen as a risk at times, the idea of DeFi seems like it will stay and help shape the future of finance as a whole. As Bitcoin (BTC) was the first cryptocurrency to be created, it has influenced and shaped the crypto market significantly, especially when it comes to DeFi, but how does the new project, Aditize DAO (ADI) compete? What Is Decentralisation? Decentralisation was created by crypto as…
In the world of cryptocurrency and blockchain technology, decentralized finance (DeFi) is considered to be the next big thing. The crypto industry consists of several projects, including Avalanche (AVAX), Chainlink (LINK), and the developing Blockonnect token, seeking to improve financial service delivery. For starters, DeFi is a catch-all phrase for a variety of apps that eliminate the middleman in financial services. With greater adoption, more applications, and more funding, it has kept gaining ground. Nevertheless, DeFi, in some ways, involves the overall cryptocurrency market. After all, the purpose of the Bitcoin Blockchain was to enable decentralized payments. However, Avalanche (AVAX),…
In recent times, the blockchain world hasn’t been able to get over the impact of these currencies Supontis (PON), Cardano (ADA), and Monero (XMR). There is still room for inventive cryptocurrencies to make a mark on the cryptocurrency market. Despite developments happening on a daily basis and new cryptocurrencies being generated, these three tokens are making waves in the market. In this article, we discuss in detail how Supontis (PON) might be the best cryptocurrency to buy right now! Cardano (ADA) Cardano (ADA) is a leading blockchain platform that uses proof-of-stake (PoS) to provide a more credible alternative to proof-of-work…
Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates. At the time of the incident, the Tokyo-based exchange was the world’s largest cryptocurrency trading ecosystem, processing over 70% of the crypto market’s daily Bitcoin trading volume. However, due to its lack of quality security protocols, hackers were able to make their way with the crypto assets of over 24,000 customers, which is…
Advertisement     One of the most common precepts of the crypto ecosystem is decentralized finance, or DeFi, as its more commonly known. Simply put, decentralized finance, or DeFi, is the removal of third parties in financial transactions. This is mainly possible using digital tokens and other blockchain-based technology. Despite the myriad benefits of this decentralization in today’s economy, profit-making is one of the major driving forces behind new market participants. In the search for a viable portfolio-growing plan, Adirize DAO (ADI) is looking to make its mark as it releases a reserve cryptocurrency. Reserve currencies are stocks…
Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption.In a Sept. 7 report, Chainalysis explained that the upcoming Ethereum upgrade would introduce institutional investors to staking yields similar to certain instruments such as bonds and commodities, while also becoming much more eco-friendly.The report said ETH staking is expected to offer a 10-15% yield annually for stakers, therefore making ETH an “enticing bond alternative for institutional investors” considering that treasury bonds yields offer much less in comparison. “Ether’s price could decouple from other cryptocurrencies following…
New Delhi: Crypto tokens rebounded on Thursday ahead of the much-awaited Ethereum merge launch. The top crypto token, Bitcoin, raced past the $19,000 mark once again while other altcoins outperformed the token. Barring the US dollar Tether, all other tokens were trading with solid gains on Thursday. Avalanche rallied over 9 per cent, whereas Ethereum surged 8 per cent. BNB advanced 7 per cent, whereas Solana gained 6 per cent. The global cryptocurrency market cap was trading at the $975.93 billion mark, surging more than 4 per cent in the last 24 hours. However, the total trading volume dropped almost…
Bitcoin worth $290 million recently hit Kraken as whales shed their BTC holdings. As whales flooded exchanges with Bitcoin, BTC price continued its decline below $20,000. Analysts predict a bloodbath in Bitcoin as selling pressure on BTC increases. Bitcoin price could crumble under selling pressure as the volume of BTC on exchanges climbs. Analysts reveal a bearish outlook on Bitcoin price. Also read: Bitcoin and Ethereum holders alert: Merge coincides with creditor notice deadline for Mt.Gox Bitcoin whales shed holdings, 15,000 BTC moved to Kraken Bitcoins purchased by a large wallet investor eight years ago, worth $290 million, has hit…
Zeerozone (ZEZO) is one of the blockchains that emerged in the bear market era of 2022 giving it advantages prior altcoin blockchains don’t possess. Users can expect a gaming environment with Zeerozone as they engage in cryptocurrency trading. This article will also look at Decentraland (MANA) which is another gaming-based blockchain and then conclude with Litecoin (LTC). Zeerozone (ZEZO) Zeerozone (ZEZO) is a decentralized, secure and game-based blockchain, users of Zeerozone (ZEZO) get to the game whilst using the Zeerozone tokens (ZEZO). This cryptocurrency is native to the Zeerozone (ZEZO) ecosystem and acts as its powerhouse. Zeerozone (ZEZO) allows you…