Author: hotcrypto
The nonfungible token (NFT) marketplace OpenSea has announced that it would concentrate on serving just the NFTs that are on the enhanced proof-of-stake (PoS) blockchain as the Ethereum Merge deadline draws near, as reported by Cointelegraph. As per Cointelegraph, the NFT marketplace stated in a tweet that while its team isn’t making predictions about probable forks, if there are any, they won’t affect OpenSea because the platform would only support the upgraded chain. In order to ensure a seamless transition during the next Ethereum Merge, the NFT marketplace also stated that its staff is preparing the NFT trading platform for…
Cardano [ADA] is being discussed at length of late, with the Vasil Upgrade release data finally revealed. With Cardano’s development becoming a talking point again, @cardano_whale recently shared some insights on Cardano’s growing strength in development activity. According to their analysis, Cardano is the first protocol since Ethereum that’s rolling out a DeFi ecosystem largely without a VC leg up. The same can be evidenced by Cardano’s DeFi protocols as they operate in a much more independent manner, when compared to its competitors. Cardano continues to build Cardano has also shared its latest weekly development report which continues to show…
Bitcoin cash is a peer-to-peer digital currency that emerged from a bitcoin hard fork Photo: Luciano Marques / Shutterstock Bitcoin (BTC) is currently the most valuable cryptocurrency. However, it is not without its issues. It permits a relatively small number of transactions per second, limiting its utility for payments.To meet this concern, bitcoin cash (BCH) was launched in August 2017. It is a peer-to-peer digital currency that emerged from a Bitcoin hard fork.Bitcoin cash is one of the top 30 coins today (2 September), with a market capitalisation of $2.21bn, according to CoinMarketCap.Even though the goal of cryptocurrencies is decentralisation,…
Cryptocurrency resides on blockchain technology, and the growing power of these two industries has reached places that once ignored the importance of cryptocurrency and the unavoidable adoption that is taking over globally. With both feet planted in decentralisation, many expectations are hinged on how well the crypto industry performs. Sadly, there has been a slew of shortcomings attached to stable and new crypto projects that need to be addressed. Pugglit Inu (PUGT) is a blockchain solution-dedicated platform. The platform will relieve users of lax customer service, comparatively lower transaction fees, high security, and advanced tools embedded in trading activities. What…
The upcoming Ethereum merge is being considered a big crypto project event. The community sees this as a significant factor in rallying the ETH price in the future. Therefore, as the date of merge, September 15, is approaching, the Ethereum network is attracting a significant increase in activity. According to data from Ethereum-focused blockchain research firm, Etherscan, the network has 204,571,827 total wallet addresses as of September 2. Similarly, the research firm viewed the number of total addresses at 202,361,298 on August 2. It shows an increase of 2,210,529, meaning that the network added over 70,000 unique wallet addresses daily…
Crypto analysts have been busy this September making their choices for investments. Uniglo has been a favorite, with many seeing it as a good long-term investment. Bitcoin and Ethereum have also been popular choices, with many seeing them as good short-term investments. Here is a look at why these three assets have been chosen by analysts this month. Uniglo (GLO) People typically invest in things that will retain their value or increase in value during economic downturns. Uniglo, a type of cryptocurrency, is a great illustration of that. Uniglo, a brand-new social currency, has a ton of cutting-edge features that…
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of the organization. Argentinian Tax Authority to Seize Funds From Digital Account The eyes of regulators around the world have turned to fintech and crypto companies and their operations. The Argentinian Tax Authority (AFIP) has recently won a landmark case in the area, allowing it to seize funds from…
Introduction Earning money online is becoming increasingly popular, particularly among young people. Traditional ways of investment, such as the stock market and real estate, are being displaced by considerably more accessible and speedier ones, such as YouTube, Tiktok, and Vlogging. The newest investment buzzword is cryptocurrency. One of the primary factors is its transformation from an economic trend to a trillion-dollar enterprise capable of disrupting the existing financial system. However, the previous several months have been a nightmare for crypto investors, who have seen the cryptocurrency plummet and their wealth melt. Bitcoin (BTC), the original cryptocurrency, continues to be a…
According to the Crypt Eye portal, an unknown large investor, who are called whales in the crypto space, in the past week purchased 1,713 trillion SHIB for the equivalent of $22,2 million dollars. In particular, in the last 24 hours, most of this amount, namely 1 trillion SHIB, was received at this address. The total number of tokens contained in this wallet is almost 24 trillion SHIB, which is equivalent to $319.2 million. Whether this wallet is really the private address of a major investor or it is affiliated directly with the project and the developers of Shiba Inu is…
Market leaders Bitcoin and Ethereum are currently trading in a consolidation phase, with the latter managing to reclaim some lost ground. Meanwhile, DOT and DOT were among the few gainers in the top-ten altcoins. Also, the stablecoins USDC, USDT, and BUSD have shown some price appreciation. Source: Coin360The general market sentiments are positive, but a lot of bearish pressure is still looming large. The crypto sell-off seen on the 27th of August saw most of the cryptocurrencies lose a large chunk of their value. However, some coins have been recovering and currently are in a consolidation before the next move.…