An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of Automated Market Makers on each has found Solana’s Orca DEX was the clear winner in trades per second. It managed 273.34 trades per second and created a new block every 590 milliseconds. Binance Smart Chain (BSC) wasn’t too …
Continue reading “Dragonfly Research claims Ethereum is the ‘MS-DOS’ of blockchains”
Multinational financial services giant Charles Schwab has responded to client demand to invest in cryptocurrency by filing with the Securities and Exchange Commission (SEC) to launch a Crypto Economy ETF. This filing comes just a week after the head of investor services at Schwab, Jonathan Craig, told news source Financial Advisor IQ that one in …
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A fresh mint will top off your evening, and today’s episode will address a number of growing questions: Is the SEC looking to drop the hammer on NFTs and/or NFT influencers? What blockchains will Coinbase’s NFT marketplace support? We’ll also look into breaking news around a recent NFT marketplace exploit. Let’s jump in. The Nightly …
The month of February was a rocky one for bitcoin but the digital asset had managed to come out ahead in the end. After suffering three long months of red closes, bitcoin has finally recorded its first green month. This is attributed to the rally that began at the end of the month. However, this …
Continue reading “Bitcoin Closes 1st Green Month After 3 Reds, What History Says May Happen”
Ecosystem builder running on Cardano, AdaSwap, recently announced the successful completion of a $2.5 million funding round. Launched with the objective of “establishing” the first DeFi protocols operational on this blockchain, AdaSwap saw a lot of interest from noticeable investors. Related Reading | Here’s What Cardano Founder Charles Hoskinson Wants For Christmas According to an …
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The crypto market has experienced a sudden surge in value, with Bitcoin’s price climbing near $45K to bring market capitalization back over two trillion dollars. It’s been a fantastic week for cryptocurrency. Over the past week, Bitcoin’s price has risen 14%, while Ethereum (ETH) gained 12%. The cryptocurrency market continues its recent notice by raking …
Continue reading “Crypto Market Cap Rebounds, Reaches $2 Trillion”
On-chain data shows the Bitcoin taker buy/sell volume is now showing a “buy” signal as the crypto looks to be gearing up for a new rally. Bitcoin Taker Buy/Sell Volume Says Now May Be The Time To Buy As pointed out by an analyst in a CryptoQuant post, the BTC taker buy volume recently reached …
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The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to a report from Bloomberg. Anonymous sources in the report claim that the SEC is investigating whether: “certain nonfungible tokens… are being utilized to raise money like traditional securities.” Throughout the …
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Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday. Listed on the main board of the Hong Kong Stock Exchange (HKEX) since 2016, Huobi Technology was originally known as Pantronics Holdings, an electronic product maker founded back in 1990. Huobi Technology has …
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A robot that’s built a reputation by outperforming the markets just unveiled its latest crypto portfolio allocations. The Real Vision Bot compiles surveys to create algorithmic portfolio assessments on a weekly basis. According to Real Vision, the bot’s allocations based on aggregated opinions of crypto traders have historically outperformed a basket of the top 20 …
A leading crypto analytics firm says one particular investor class has been accumulating Bitcoin (BTC) since September. In a new tweet, Glassnode shares a chart indicating smaller addresses with 100 Bitcoin or less have generally been buying BTC for the past six months, while addresses with 10,000 BTC or less have been accumulating since December. …
Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said for Bitcoin’s $850 billion capitalization, which isn’t anywhere close to silver’s …
Continue reading “$45,000 Bitcoin looks cheap when compared to gold’s marketcap”
With the price of the meme-based token Dogecoin (DOGE) higher than that of the Russian ruble, Ukraine opened to DOGE donations for the first time. Ukraine’s Minister of Digital Transformation Mikhail Fedorov announced on Wednesday that the token had “exceeded Russian ruble in value” — though the ruble has dropped significantly against the U.S. dollar …
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The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s. Axie Infinity is a …
Continue reading “Web3 gaming in the third world: Axie facilitating billions”
People worldwide are utilizing crypto to send aid to Ukraine in light of the current conflict. The current total stands at a staggering $33 million with donations from Polkadot Founder Gavin Wood, Binance, Uniswap and even a CryptoPunk NFT worth over $200,000. Further information suggests that the Ukrainian government has already converted most donations into …
Continue reading “Ukraine has the highest crypto adoption in Europe and fourth globally”
