A popular crypto analyst is setting the bar even higher for multi-chained scaling solution Polygon (MATIC) while the number-one crypto Bitcoin (BTC) limps along. In a new strategy session, Benjamin Cowen tells his 666,000 YouTube subscribers that Polygon’s daily levels dating back to July show a clear uptrend, and that price discovery mode might be …
Category archives: Trending Crypto news
Bitcoin hash rate nears record 200EH/s as 100K BTC turns ‘illiquid’ every month
Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever. Hash rate vanquishes specter of China Despite the …
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Crypto mainstream adoption: Is it here already? Experts Answer, Part 2
Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “Yes, and without a doubt, crypto’s mass adoption has begun at the grassroots levels, with retail users increasing by the day. The outlook toward crypto, as an investment, is …
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The Vitalik I know: Dmitry Buterin
This is part two of an extensive interview with Dmitry Buterin, looking at his relationship with Vitalik and his insights as a father. For Part 1, which detailed his own fascinating life story, click here. Dmitry Buterin recalls the day in 2013 when his son Vitalik showed him the Ethereum white paper at their home …
One Altcoin Is Now Mirroring Pre-Breakout Patterns of Cardano, Algorand and Bitcoin, Says Crypto Analyst
A popular crypto strategist says one decentralized finance altcoin is mimicking the patterns of other crypto assets right before they broke out. The pseudonymous crypto analyst known as Pentoshi tells his 429,500 Twitter followers that Curve Dao Token (CRV) looks like a “coiled spring wound tight.” CRV is the governance token for Curve Finance, a …
Binance introduces BNB Auto-Burn to replace quarterly burn protocol
Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism. In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB tokens. According to Binance, this will provide more “transparency and predictability” to its community. With this, BNB will …
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Telegram-verified payments bot to accept Toncoin cryptocurrency
Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year. “I’m proud that the technology we created is alive and evolving. When it comes to scalability and speed, TON is still years ahead of everything else in the blockchain …
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Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022
Bitcoin (BTC) stuck rigidly to its tight range on Dec. 23 as price action continued to contradict strong buying activity. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hodlers busy accumulating Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to hold $49,000 after hitting 10-day highs. The pair remained stuck in a trading zone only …
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Retailers to drive crypto payments adoption: Survey
Crypto payments might be the innovation companies are looking for. A recent survey by payment network Mercuryo revealed that 57% of respondents believe accepting cryptocurrency payments would give companies a competitive edge. Among the other standout statistics, more than one-third of businesses reported that customers had asked to pay in Bitcoin (BTC), Ether (ETH) or …
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Large Ethereum Holders Are Actively Accumulating Three Crypto Exchange Tokens
Fresh data shows the world’s biggest Ethereum whales are stocking up on several altcoins that power crypto exchanges. The latest numbers from WhaleStats reveal the 1,000 wealthiest non-exchange Ethereum addresses are invested heavily in FTT, the native token of the FTX cryptocurrency marketplace. FTT currently accounts for 7.24% of all holdings at a value of …
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Paraguay moves a step closer to regulating digital currency
On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies, will now be sent to the Deputy Chamber for further deliberation. Senator Fernando Silva Facetti, the bill’s sponsor, revealed that it’s passed in the …
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Crypto exchanges aim for home run at Super Bowl 2022
Crypto exchange platforms Crypto.com and FTX will run advertising commercials at the Super Bowl LVI 2022 on Feb. 13. Both exchanges have been working tirelessly to establish their brands and penetrate the United States market. Super Bowl advertisements are known to be very costly, with rates going above $5 million for just 30 seconds. Some …
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Top 5 bullish Bitcoin stories of 2021
In terms of price action, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ending 2021 with a whimper, confounding expectations for an end-of-year blow-off top scenario. A six-figure Bitcoin by December became a consensus trade among many analysts, investors and market observers who were expecting the flagship cryptocurrency to replicate its previous four-year cycle. Although …
DAOs: Social networks that can rewire the world
Exploring the new world of decentralized autonomous organizations Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Justin Mart & Connor Dempsey. What the internet did for communication, DAOs can do for capital. The internet and social networks have made it easier for like minded individuals to communicate than ever before, …
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Coinbase Prime and Enfusion team up to bring seamless crypto trading to institutional investors
By Brett Tejpaul, Head of Institutional Sales, Trading and Prime Our goal is to be the trusted bridge to the cryptoeconomy for all institutions, to fuel widespread adoption of crypto, and ultimately to increase global economic freedom. Coinbase Prime, an integrated solution that provides secure custody, an advanced trading platform, prime services and market data, has …