Popular on-chain analyst Willy Woo says there’s one signal hinting that a significant price spike for Bitcoin is on the horizon. The analyst tells his 831,000 Twitter followers that Bitcoin’s NVT (network value to transaction) is at a point that he says historically leads to rallies. NVT is an indicator that gauges on-chain investor volume. …
Category archives: Trending Crypto news
Meme tokens and dogcoins flood the market as price wars heat up
Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started …
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What is a directed acyclic graph in cryptocurrency? How does DAG work?
It used to be unimaginable to think of cryptocurrencies without thinking of blockchain. With the DAG model, however, several cryptocurrencies have already been built using this technology. Some examples are Obyte, IOTA, and Nano, to name a few. Although still relatively new, the DAG framework shows great potential. As mentioned, some projects have already used …
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How blockchain technology might bring triple-A games to metaverses
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public …
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Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter …
Axie Infinity and Fantom Among the Top Altcoin Gainers This Year With Growth of 13,428% or More: CryptoDiffer
Blockchain news and updates outlet CryptoDiffer is revealing that blockchain-based game Axie Infinity, along with smart contract platforms Fantom and Solana are among the top altcoin performers this year. CryptoDiffer tells its 258,000 Twitter followers that Axie Infinity (AXS) is the hottest altcoin this year, printing gains of over 26,000% in just 10 months. AXS …
Bitcoin consolidates right below Fib level that triggered 2013 all-time highs
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the …
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Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten …
6 Questions for Daniela Barbosa of Hyperledger
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger. …
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Raoul Pal Says Cardano, Solana, and Two Additional Ethereum Rivals Will Be ‘Super Explosive’ This Cycle – But There’s a Catch
Macro guru Raoul Pal says Cardano (ADA), Solana (SOL), Avalanche (AVAX) and Terra (LUNA) will be super explosive this bull cycle, but with one catch. In a new interview on Real Vision with Ash Bennington, Pal says he’s open to the possibility that Ethereum goes through an extended bull cycle that lasts close to June …
Bitcoin soft fork days away as Taproot upgrade closes in
Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Taproot …
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Quant Analyst PlanB Predicts Hyberbolic Scenario for Bitcoin – Here’s His Q1 Price Target
Quantitative analyst PlanB is updating his Bitcoin (BTC) price target for the first quarter of 2022 and reveals when he thinks BTC will see a hyperbolic surge where it outperforms all other assets. In an interview with Bitcoin bull Anthony Pompliano, the widely followed crypto analyst says that based on his various models, there’s a …
Regulators are coming for stablecoins, but what should they start with?
The word “stablecoin” may have a pleasant ring to it — isn’t it nice to have something stable in the volatile cryptoverse? — but for critics, they are nothing short of a ticking time bomb. Whether that’s true or not, the push for regulating stablecoins is gaining momentum. The United States and the European Union …
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Brazilian federal deputy proposes crypto payment option for workers
Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers. Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be …
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Bakkt Set To Expand Its Crypto Offering To Include Ethereum
Digital asset marketplace Bakkt on Friday announced that users and partners will soon be able to buy, sell and hold ether (ETH). Users will also be able to send Ethereum to family and friends through its app. Institutional clients can also choose the Bakkt Warehouse for custody of ether. Related Reading | Bakkt and CME launch new …
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