The top cryptocurrency Bitcoin and all its correlated assets in the market have been facing considerable volatility since the market crash in May last year. And, its effects have been especially evident over the past few months. After reaching an all-time high of over $69,000 in mid-November, the digital asset was creating lows around $33,000Continue reading “Here’s what Apple’s trajectory reveals about the future growth of BTC”

Blockchain oracle network Chainlink has been creating a lot of buzz in the cryptocurrency industry lately. Primarily, due to the various partnerships, it has entered into over the past year. However, it is necessary for blockchains to continue innovating and expanding in order to stay relevant, considering the number of rivals that are ready asContinue reading “Chainlink investors need not worry about transaction fees, since…”

An interesting development in cryptocurrency-based darknet markets bewildered the industry last year when imprisoned Silk Road founder Ross Ulbricht sold his first NFT for $6.2 Million to fund his release. Silk Road was one of the first and biggest darknet marketplaces to have surfaced last decade before Ulbricht was arrested in 2013. Even as SilkContinue reading “Which coin dominates the darknet market space? It’s not Monero”

The world’s first cryptocurrency, Bitcoin, was envisioned and designed to follow a Proof-of-Work mechanism for transactions to go through, It was evident early on that this wasn’t sustainable for the environment in the long term. Most of the newer blockchains have thus opted for a Proof-of-Stake consensus algorithm, which allows for all participants to partakeContinue reading “Here’s how Cardano has the edge over its competitors in terms of staking”

The Cardano network’s heightened development over the past few months has been marked with several important partnerships. Among them is also the field of Artificial Intelligence (AI), a sector that can benefit greatly from blockchains. According to AI researcher Dr. Ben Goertzel, Cardano’s development arm IOHK is ‘very thorough and careful’ when it comes toContinue reading “Here’s why AI companies are betting on Cardano for long-term gains”

News related to cryptocurrency crime has been in abundance for a while, often starving the industry of its legitimacy. However, the same technology also lends it credence due to the accessibility of wallet and transfer information on the blockchain, making it easier for law enforcement officers to do their job. The most recent, and biggest,Continue reading “Report: With over $11 billion in criminal crypto wallets, here’s how the future looks”

Ever since the Ethereum network had launched its Beacon Chain for staking in December 2020, enthusiasts have waited for the day that the chain will finally be merged with Ethereum’s mainnet, giving way for the Proof of Stake consensus to be the only mechanism through which new ETH is created. While unfortunately, a specific dateContinue reading “Is Ethereum ‘still in a good phase’ if not everything goes as planned”

One of the biggest indicators of cryptocurrencies entering the phase of mainstream adoption was the overwhelming institutional interest over the past couple of years. Consider this – Cryptocurrency funds received capital inflows of around $9.3 billion in 2021 alone, most of which originated from institutional investments. In September 2021, Fidelity found that around 52% ofContinue reading “Institutional investment in Bitcoin, crypto and why it’s not all good news”

Even as Cardano‘s much-hyped decentralized exchange (DEX) SundaeSwap suffered a patchy launch last month, a resurgence in its popularity has also been marked by an expansion of the protocol’s ecosystem. With its Initial Stake Offering (ISO) coming to an end this week, albeit not in the manner expected, the DEX has now introduced a uniqueContinue reading “Cardano: SundaeSwap announces Reverse ISO proposal and here’s what it means”

Cardano‘s blockchain has seen some rapid development over the past couple of months. Mainly owing to the launch of decentralized applications and accelerated adoption. However, security continues to remain a concern for the network, especially considering the threats most blockchains are constantly under. In fact, billions have already been lost across cryptocurrency and DeFi exploitsContinue reading “Double or not, Cardano’s new bounty program is also indicative of this”

As the day draws nearer for Ethereum‘s main chain to be merged with its staking ‘Beacon’ chain, entities are gradually increasing funding allocation to the same in a bid to eventually be in control of Ethereum’s validation mechanism. In a move towards the same, Canada-based investment company Ether Capital Corporation has allocated a further 10,240Continue reading “Ether Capital Corp. bets big on the Merge by staking ETH worth $31.7 million”

ETH, the world’s second-largest cryptocurrency, finally started to move north earlier today. In fact, it broke past the strong resistance it was facing at $3000 by gaining by over 6% in 24 hours. While it was hovering near the resistance at press time, bullish momentum for the coin might have already set in. Especially inContinue reading “Tenth time’s the charm for Ethereum after this dry spell comes to an end”