The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that …

Cardano (ADA) Founder Responds To Criticism Over Crypto New Crypto Partnership

A new partnership between Cardano and blockchain-based firm Coinfirm has drawn criticism from its community. The Cardano-Coinfirm partnership will enable authorities to track ADA transactions on the blockchain from as far back as when it was first created. This, according to the press release, will enable the apprehension of bad actors and prevent illegal transactions …

Bitcoin Price Forecast Calls For Chance Of Black Thursday Redux

Bitcoin price is making another attempt at the time of this publication to take back $50,000 and hold. With the Ichimoku indicator turned on, the leading cryptocurrency by market cap is also trying to hold above the cloud. Losing the cloud under similar circumstances the last time around, resulted in one of the nastiest selloffs …

Cardano: Alonzo Enters Final Stage, Smart Contracts On The Horizon

Cardano moves at full speed towards its final hard fork combinator (HFC) event Alonzo to implement full smart contract capabilities. The community has been keeping a close eye on the latest developments, as AlonzoPurple enters its final test stage. Input-Output Global, the company behind this blockchain and its development, recently disclosed that they submitted an …

60k ETH Exit Exchanges, Here’s Why It’s Bullish For Ethereum

On-chain data shows massive Ethereum outflows of 60k ETH on spot exchanges. Such deeply negative netflows could be a bullish signal for the coin. Ethereum All Exchanges Netflow Shows Huge Negative Spike As pointed out by a CryptoQuant post, the Ethereum all exchanges netflow showed a negative spike yesterday as 60k ETH exited exchanges. The …

3 reasons why Tezos (XTZ) price has gained 85% this month

The Ethereum (ETH) network is currently the dominant layer-one protocol in terms of smart contract deployment and active users, but the race to become the ‘world’s computer’ is far from settled because competing protocols are gaining traction by offering solutions to high transaction costs and slow confirmation times, the biggest problems facing the network. One …

Ethereum Displaying Encouraging Signs Amid Crypto Market Pullback: Santiment

As the overall crypto market continues to retreat, Ethereum (ETH) is displaying some “encouraging” metrics, says the blockchain analytics firm Santiment. The second-largest crypto asset by market cap is trading at $3,106.75 at time of writing, down more than 7% from a recent high of $3,346 on Tuesday, according to CoinGecko. ADVERTISEMENT   Ethereum is …

Coinbase Hires Its First-Ever Chief Marketing Officer As Crypto Industry Enters ‘Critical Juncture’

Former Facebook marketing executive Kate Rouch has joined crypto powerhouse Coinbase. According to Coinbase president and chief operating officer Emilie Choi, exponential expansion within the blockchain sphere spurred the decision to hire the company’s first-ever chief marketing officer. “Our industry is at a critical juncture: the crypto community is growing at a rapid pace and …

Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.

The rise of decentralized finance and nonfungible tokens has transformed the blockchain ecosystem and generated near unimaginable riches for investors, but none of this would be possible without the strong foundation offered by layer-one blockchain networks like Bitcoin and Ethereum.  Smart contracts and layer-two protocols promise to revolutionize the finance and logistics industry, but they …

Honduras gets its first Bitcoin ATM

TGU Consulting Group, a Honduran company based in the capital of Tegucigalpa, has reportedly installed the country’s first Bitcoin ATM. According to a Friday Reuters report, TGU chief executive Juan Mayen led the move to install the Bitcoin (BTC) ATM in one of the capital’s office buildings. The “la bitcoinera” machine allows crypto enthusiasts to …

Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin

Square CEO Jack Dorsey said that the platform’s latest Bitcoin (BTC) venture would be to develop a decentralized exchange.  In a Friday tweet, Dorsey said that “TBD” — either referring to the fact the business’ name has yet to be determined or simply the name itself — would be focused on building a decentralized exchange …

Bitcoin bull Mike Novogratz says NFTs represent a big shift in culture

NFTs The billionaire CEO of Galaxy Digital believes that the froth currently surrounding NFTs doesn’t affect its legitimacy as an industry. Andjela Radmilac · August 27, 2021 at 11:00 pm UTC · 2 min read Speaking on CNBC’s Market Alert, Mike Novogratz, the CEO of Galaxy Digital, said that the rise in popularity non-fungible tokens …

Fund manager pegs Bitcoin at $100,000 in 2022. But warns of sell-offs

Bitcoin › Investments In a recent interview, the managing director of Midas Consulting has predicted that the value of Bitcoin could reach $100k within the next 6 months Oluwapelumi Adejumo · August 27, 2021 at 8:00 pm UTC · 2 min read The managing director of investment advisory firm Midas Touch Consulting, Florian Grummes, has …

NFTs Aren’t a Bubble, They’re a ‘Digital Flex’ for New Consumer Class: CoinShares’ Chief Strategy Officer

The chief strategy officer of digital asset manager CoinShares says that the surging non-fungible token (NFT) market is not a bubble. In a new tweetstorm, Meltem Demirors points to the scarcity of various NFT projects and Bitcoin as a potential key factor motivating investors. ADVERTISEMENT   “Are NFTs a bubble? No. Wealth is a bubble… …

Coinbase Partners With E-Sports Organization To Bridge Gaming and Crypto

Coinbase is partnering with German e-sports organization Berlin International Gaming (BIG) in an attempt to bring the worlds of gaming and crypto closer together. The crypto exchange will receive a brand and content rights package with BIG’s Counter-Strike: Global Offensive team. ADVERTISEMENT   The partnership will also involve community events and digital activations, according an …

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