New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network. Data from BTC.com shows that Digital Currency Group-owned Foundry USA stands behind the pool leader AntPool by a hash rate of just 4,000 PH/s, which contributed to …
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At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum. And they expect you to provide the …
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Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets …
Continue reading “Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’”
The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday 18% drawdowns. Truth to be told, the volatility of the past 3-months has been relatively modest compared to recent peaks. Bitcoin …
Continue reading “3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom”
Keep3rV1 (KP3R) was one of the few altcoins that emerged unscathed from this week’s bearish turn in the crypto market. While many digital assets plunged into the red following the lead of Bitcoin (BTC), which recoiled after recording a new all-time high last week, KP3R added 31.60% against the dollar and 44.17% against BTC between …
Continue reading “3 reasons why Keep3rV1 (KP3R) price hit a new all-time high this month”
Popular crypto strategist and trader Michaël van de Poppe is weighing in after most of the cryptocurrency markets took a tumble this week. The crypto analyst tells his 493,000 Twitter followers that he is looking at price ranges of interest for Bitcoin (BTC), Ethereum (ETH), and several popular altcoins. Van de Poppe thinks “we’re in …
The price of Ethereum (ETH) competitor Avalanche (AVAX) is hitting new record highs after Big Four accounting firm Deloitte inked a partnership deal with Ava Labs, the technology company behind the smart contract platform. Deloitte provides audit, consulting, tax and advisory services to 90% of the Fortune 500. The firm is partnering with Ava Labs …
November 19, 2021 – Singapore, Singapore Celer’s cBridge, the multi-chain network that enables instant and low-cost value transfers into Ethereum and its layer 2s, has surpassed $1 billion in total cross-chain transaction volume and assets bridged. Celer’s cBridge has shown steady and rapid progress since launching in July 2021, reaching a daily peak of $25 …
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November 19, 2021 – Singapore, Singapore DoraHacks, a decentralized global developer community and open-source incentive platform, has secured $8 million in strategic investment from Binance Labs, the venture capital arm and innovation incubator of Binance. DoraHacks is a global hackathon organizer and one of the world’s most active web 3.0 developer communities. It provides web …
As the perceived legitimacy of blockchain technology increases, politicians in the United States have shown a growing interest in turning this non-partisan technology into a topic of political divisiveness. Speaking via video to an audience of the Bloomberg New Economy Forum in Singapore on Friday, former presidential candidate Hillary Clinton said while cryptocurrencies were an …
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India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only cryptocurrencies that have been “preapproved by the government” to be listed and traded on …
Blockchain is a technology that stores data and information in a chain of blocks. Every block links to each other by using hash algorithms. This technology uses cryptographic protocols to enhance security. This technology makes it impossible to change, edit or delete the information in blocks. Those familiar with cryptocurrency like Bitcoin are also familiar …
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Bitcoin price has now declined to $56k; does that mean a top is in? Or is this just a shakeout? Here’s what the SOPR indicator says about it. The Bitcoin SOPR Indicator The BTC Spent Output Profit Ratio (or SOPR in short) is an on-chain indicator that estimates whether investors are selling at a profit …
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press release PRESS RELEASE. Liquid Craft – is bringing a new concept to the NFT space by using collectible handcrafted bottles of Liquor to add value to their digital art pieces. Their first series Dragons and Bourbon is launching for pre-sale on Nov 20th at 12 PM PST with the public sale going live on …
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Much has been said recently about Facebook’s decision to rebrand to Meta, with both arguments for and against but what is without question is the overwhelming effect it has had on the metaverse cryptocurrency market. Over the past couple of weeks, we have seen metaverse cryptocurrencies rally and this looks set to only be the …
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