Technology

Post the mid-week crash in which Bitcoin plunged below the $30k mark, the asset seems to have settled down somewhat. It overcame most losses and even spiked to just shy of $35,000 the following day, but it did maintain momentum above $34k. Despite losing over a grand since then, its dominance over the market recordedContinue reading “Bitcoin & Cardano: Crucial levels for these ‘surging’ cryptos to maintain”

Earlier this month, El Salvador became the first country to adopt Bitcoin as legal tender, passing a bill to this effect. What’s more, El Salvador now is going as far as airdropping $30 worth of BTC to its registered citizens. While the aforementioned bill will take effect on 7 September 2021, the country is stillContinue reading “El Salvador’s banks have this to lose thanks to country’s Bitcoin adoption”

Klaytn, a public blockchain project led by the South Korean Internet giant Kakao, recently announced the listing of its KLAY token on Binance. Soon after the announcement, KLAY’s price grew by over 50% from its 24-hour low of $0.8492 to a high of $1.2769, before showing slight drops and settling at $1.00 at press time.Continue reading “Why there’s more to KLAY’s hike than the Binance listing”

Ripple Labs, its executives, and XRP have consistently been on the radar over the past six months, primarily because of the ongoing lawsuit against the U.S. Securities and Exchange Commission. What’s more, the hostility between XRP holders and the rest of the crypto-community has been evident on platforms like Twitter. In fact, many have raisedContinue reading “It is really in Ripple’s best interest to ‘behave’ because…”

The crypto-space is not new to criticism and jibes that come amid backlashes from some countries and sweet acceptances from others. Bitcoin and other cryptocurrencies have always attracted strong criticism, especially from bankers around the world. The latest to do so is French economist Jean Claude Trichet.  During a recent TV appearance, Trichet, who servedContinue reading “If Bitcoin isn’t a ‘real cryptocurrency,’ what is?”

Prices are a reflection of investor sentiment, they say. In a span of a little over two months, Bitcoin’s price has promptly halved, and now, after China’s recent crackdown on mining, a section of the market participants believe that BCT is a less attractive prospect.  Talking on similar lines in a recent Kitco News interview,Continue reading “‘It might get ugly with’ Bitcoin…BUT”

With the global Smart Contracts, market size projected to reach $345.4 million (by 2026) from $106.7 Million in 2019, increased concerns about security risks have been looming over major exchanges.  In the light of this, US cryptocurrency exchange, Coinbase, recently unveiled new tools to detect and classify smart contract security risks. In a blog postedContinue reading “Coinbase unveils security tool to detect Smart Contract risks”

The cumulative market volume of cryptocurrencies dropped over the last 24 hours, with the same falling by 42.47%. While Bitcoin’s prices were hovering around the $33,000-mark at press time, the altcoins’ fortunes were mostly mixed, with some making small recoveries while others still traded in the red. Binance Coin, Litecoin, and Chainlink had registered monthlyContinue reading “Binance Coin, Litecoin, Chainlink Price Analysis: 24 June”

Polygon (MATIC) a coin that saw an almost 6962% growth since the beginning of 2021, still continues to be one of the top 20 coins. It is making new implementations that can drastically improve the network.  The development team behind Polygon (MATIC) recently laid out a proposal for the implementation of EIP-1559 on its network,Continue reading “Polygon proposes implementing EIP-1559 on its network; so what changes?”