Despite the volatility the crypto market experienced in 2021, the year turned out to be a net positive for almost every aspect of the crypto industry. The year saw several major developments that accelerated the adoption and success of the broader crypto market and others that served as headwinds that slowed down the market’s growth …
Continue reading “2021 was the year of institutional crypto adoption”
For a few years, Ethereum reigned alone as the only realistic smart contract blockchain on the planet. Those using the blockchain or developing applications for it, had little choice but to accept the technical properties and characteristics of the Ethereum system. But at least Ethereum was a technical leap forward from Bitcoin, and considerably faster, …
Continue reading “Not so fast, are “Eth killers” as speedy as they claim?”
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric crypto asset market today with a $1.4 billion market cap. SCRT Labs …
press release PRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. It must be noted that Dvision Network recently had their first primary and de facto biggest LAND Sale on BSC (Binance Smart Chain), selling out in a matter of minutes across three platforms …
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum’s market dominance has diminished as it has …
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using …
Crypto intelligence firm Santiment says that significant price spikes could be coming for seven different altcoins based on under-the-radar data. Santiment says that an excessive number of short-sellers are piling into altcoins, raising the probability of an incoming short squeeze. A short squeeze occurs when a large number of traders try to short an asset, …
Play-to-earn gaming and non-fungible token (NFT) project Pavia is premiering on the Cardano (ADA) network months after the fifth-largest blockchain by market cap rolled out smart contract features. In a press release, Pavia says that it is the “first Cardano metaverse,” a virtual reality space that allows real-world activities and forms to be replicated digitally. …
Veteran trader Tone Vays says Bitcoin (BTC) needs to finish the week strong or it risks experiencing another liquidation candle. In a new strategy session, the seasoned crypto analyst tells his 119,000 subscribers that he remains optimistic about Bitcoin’s chances of recapturing the $49,000 level, but the clock is ticking for the king crypto to …
Continue reading “Bitcoin (BTC) Running Out of Time To Save Bull Market: Veteran Trader Tone Vays”
January 19, 2022 – Los Angeles, California The photography and video NFT marketplace SAVAGE has signed legendary photographer and videographer Paul Nicklen as a contributor and advisor to the project. Paul is a Canadian photographer, filmmaker and marine biologist who has documented the beauty of the earth for over twenty years and lives a life …
Continue reading “SAVAGE Signs Paul Nicklen in a Deal That Shows Crypto Can Be Eco-Friendly”
The nonfungible token (NFT) marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round. In a Wednesday announcement, Autograph said Andreessen Horowitz, or a16z, and VC firm Kleiner Perkin co-led the $170-million Series B round with contributions from crypto investor Katie Haun’s firm, Nicole Quinn of …
Continue reading “Tom Brady’s NFT platform Autograph raises $170M to scale operations”
Bitcoin (BTC) has been below $45,000 for 14 days and is currently 40% below the $69,000 all-time high. This movement holds similarities to late-September 2021, when Bitcoin price flat-lined for 11 days and was 36% below the previous $64,900 all-time high on April 14. Bitcoin price at Coinbase, USD. Source: TradingView To understand whether the …
Continue reading “2 key Bitcoin trading indicators suggest BTC is ready for a 62% upside move”
In a speech entitled “Digital currencies and the soul of money,” Agustín Carstens, the general manager of the Bank of International Settlements, criticized private stablecoins and decentralized finance (DeFi), touting central bank-led financial innovation as the best possible path to the future of money. Carstens, who served as governor of the Bank of Mexico between …
The first week of the new year saw a vicious pullback across all cryptocurrencies in the market. Ether (ETH) price dropped from its November peak at $4,800 peak to under $3,000 on Jan. 8 and Terra’s LUNA governance token also dropped from $85 on Dec. 31 to $67 on Jan. 8, 2022. These unexpected dramatic …
Continue reading “Here’s how traders capitalize on crypto market crashes and liquidations”
The layer-2 scaling solution Polygon (MATIC) has successfully implemented a much-publicized Ethereum (ETH) update and is now burning native MATIC tokens. Ethereum Improvement Proposal 1559 (EIP-1559) went live on the Polygon mainnet on Thursday, occurring on Block #23850000. EIP-1559 first introduced a highly anticipated fee-burning mechanism into the Ethereum network in August, meaning that each …
