Technology

The altcoin market space as a whole saw an unprecedented amount of development and adoption over the past year. As altcoin market dominance rose from an almost negligible share to above 55% at the time of writing, some solid projects like Cardano (ADA) and Polkadot (DOT) took their spots in the top 10 alts.  There’sContinue reading “Cardano vs Polkadot: Which ‘Ethereum killer’ should you look out for?”

With the ongoing unfolding of the ‘hashrate migration’ away from China, bitcoin’s hashrate dropped significantly.   According to Nic Carter of Castle Island Ventures, “Bitcoin mining is a largely self-contained industry. Banning mining does little to inhibit bitcoin transactions or exchanges – they are totally distinct concerns.” Peter Smith, Blockchain.com co-founder and CEO, recently statedContinue reading “Why is this ‘actually fantastic news for Bitcoin’?”

China’s crackdown on cryptocurrency mining operations in the country was widely discussed in the last couple of months. Several conversations around this development are emerging, be it in the media and or within the cryptocurrency community itself. Some experts believe that this is just a temporary hurdle and may not have a long-lasting impact, whileContinue reading “Bitcoin and China: Why this move cannot be ‘underestimated’”

Fiat currencies have been dominating the financial ecosystem over the last few decades. The US dollar will perhaps be the first currency to pop into your head as soon as you think of the world’s reserve currency. Today, more than 61% of all foreign bank reserves are denominated in US dollars, according to the IMF.Continue reading “‘I think Bitcoin has a good chance of achieving that’; Here’s the what and when”

Over the past week, multiple industry analysts and Bitcoin supporters discussed why they believe that amidst a bearish market, it was important to focus on Bitcoin’s long-term price movements. Adding his bit to this outlook, CEO and co-founder of Celsius, Alex Mashinsky mentioned in a recent interview that he saw Bitcoin reaching $160,000 this year.Continue reading “Why the ‘spring effect’ applies to Bitcoin’s price movements”

Post the surge in interest cryptocurrency space witnessed during Bitcoin’s high, NFTs too are considered by some as a way to get rich fast. In the last couple of months, NFTs have hit the news couple of times now with their sheer valuations in the marketplace. Cardano and NFT As covered previously, Charles Hoskinson inContinue reading “What’s Cardano’s game-plan when it comes to NFTs?”

Stablecoins, as an asset class, are evolving at an impressive pace. It goes without saying that they have almost become an indispensable part of the crypto space today. With an increased adoption rate, USDT – the market’s largest stablecoin has already gained a fair amount of traction lately.  Out of the $1.28 trillion global cryptoContinue reading “‘And the reason we should be a bit concerned about’ Tether is…”

Major ecosystem-centric upgrades play a vital role in altcoin rallies, irrespective of the larger sentiment of the wider cryptocurrency market. Over the last couple of months, one such heated ecosystem has been the Theta protocol. The Theta ecosystem has seen some exciting price hikes over the last month, ahead of its upcoming Mainnet 3.0 launchContinue reading “What next for THETA after latest Guardian Node release?”

With the bears still holding the reins in the cryptocurrency market, most coins were trading in the red at press time. While Bitcoin had fallen by 6.5 percent in the last 24 hours, most altcoins among the top ten noted dips in the range of 5-7%. TRON was down 6.3%, Ethereum Classic dipped by 8%,Continue reading “TRON, Ethereum Classic, SUSHI Price Analysis: 26 June”