The decentralized finance (DeFi) sector is being faced with increased competition from different parties. Various networks such as Polkadot have sprouted up to offer a more scalable approach compared to Ethereum. With the Ethereum 2.0 upgrade being months away, these platforms are well-positioned to benefit in the short term. Polkadot is trading at $28.02 at …
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Altcoins are currently not mimicking BTC’s trend as they have done in the past. Bitcoin has managed to almost touch $50K for the first time since the market dipped in May. However, these gains have not been reflected in the broader market, given that most altcoins are either consolidating or trading in the red zone. …
Continue reading “Ripple Price Falls 1.4% to $1.24 – Where to Buy XRP”
Bitcoin is heading the crypto charts, given that it is almost touching $50K. However, this uptrend has not prevented altcoins from stagnation or dips. Dogecoin has failed to create any new highs in the past day, and instead, it has dipped to significantly low levels. Despite these dips, the bullish sentiment is still at play. …
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The mayor of Cool Valley, Missouri is reportedly raising funds to distribute Bitcoin (BTC) to the city’s residents. According to KSDK News, Mayor Jayson Stewart wants to give $1,000 worth of Bitcoin to each of the city’s 1,500 inhabitants, as he sees the value of the benchmark crypto surging in the coming years. ADVERTISEMENT …
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure. As data privacy pressure on Big Tech increases, these companies are …
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Closely followed trader and crypto analyst Benjamin Cowen says that he sees a threat that could foil Cardano’s (ADA) bullish setup. In a new strategy session, Cowen tells his 497,000 YouTube subscribers that ADA’s bullish sentiment continues to build as the third-largest cryptocurrency prints a fresh all-time high of $2.58. ADVERTISEMENT “For now, I …
Global cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) policy and anti-money-laundering efforts. In a recent statement, the firm says that it’s tightening customer verification to make Binance a safe crypto platform. ADVERTISEMENT The crypto exchange says it is requiring all of …
Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to further expand access to financial services, including savings, lending, derivatives, asset management and insurance products. This innovation, which empowers financial inclusion, should be …
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Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Modestly bearish” signs accompany $50,000 run-up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record. The weekend …
At the start of 2021, the cryptocurrency industry was bursting with news of increased institutional investment, and this is still largely true. Despite reports suggesting increased outflows from institutional investors, net inflows are still very much positive. Additionally, though Bitcoin (BTC) appears to be the investment of choice for liquidations, institutional investment into Ethereum (ETH) …
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Macro guru Raoul Pal is arguing against the idea that Bitcoin and the crypto markets are merely in a bubble. In a tweetstorm, the former Goldman Sachs executive compares Bitcoin’s behavior to the performance of tech unicorn Amazon in its early days. ADVERTISEMENT Pal says he recalls believing that Amazon was in a bubble …
Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or …
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Cryptocurrency exchanges are online platforms where you can trade (buy and sell) between cryptocurrencies based on their actual market price. In order to come up with a valuation for a cryptocurrency, investors and market participants determine the demand and supply. This is a similar concept to a stock exchange where shares of companies are bought …
Continue reading “Investing In Cryptocurrency? Know About The Types Of Exchange Fees”
Layer one network Polygon continues to expand and solidified its position in the crypto space. Recently, they announced a new partnership with Filecoin, a network that allows users to store and transfer data via a native marketplace. The cooperation launched the Filecoin-Polygon Bridge, to increase their interoperability. Built by the Textile team, the bridge enables …
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The DeFi exchange SushiSwap would have joined the many projects that lost millions to the dubious activities of online hackers. For instance, Poly network lost $600 million in a similar hack one week ago. The good news is that the miscreants have returned many of the assets. It could have been a terrible blow if …
Continue reading “SushiSwap Narrowly Escaped A $350 Million DeFi Hack, Here’s How”
