Exchange supply in the crypto market has been down across the board, and Ethereum has been no exception. The digital asset has grown in popularity due to the rise of decentralized finance (DeFi). Due to its token being the primary mode of payment on the protocols and Ethereum being the largest smart contracts platform in…
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Michael Joseph Jackson, aka the “King of Pop”, is one of the most significant cultural figures of the 20th century. Over a four-decade career, his contributions to music, dance and fashion made him a global figure in popular culture. Jackson influenced artists across a variety of musical styles, and through visual presentation. He popularized complicated…
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StrongNode.io is pushing the envelope of what edge computing can mean to a community by incubating and launching a humanitarian gaming project called Original Gamer Life. As StrongNode pursues its mission to harness unused GPU and CPU cycles to help leverage the power of blockchain technology, it is at the same time harnessing the power…
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Social media metrics offer insights into the on-the-ground adoption of a cryptocurrency project and the interests of the average cryptocurrency investor. One project that has seen a recent significant increase in various social media metrics, including mentions, engagements, and average daily social contributions, is Fantom. A rapidly growing layer-1 smart contract platform, Fantom utilizes a…
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Ethereum is consolidating gains near the $3,580 resistance zone against the US Dollar. ETH price could start a fresh rally if it clears the $600 level. Ethereum remained in a positive zone above the $3,500 and $3,550 resistance levels. The price is now trading above $3,520 and the 100 hourly simple moving average. There is…
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Bitcoin price remains well supported above the $47,000 zone against the US Dollar. BTC must clear $48,500 to start a decent increase towards the $50,000 level. Bitcoin corrected lower after it failed to clear the $48,500 resistance zone. The price is still trading above $47,000 and the 100 hourly simple moving average. There was a…
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Smart contracts have become a reality on the Cardano network after September 12th. After the Alonzo Hard Fork Combinator launch, developers could now go ahead and start creating smart contracts on the ecosystem. This would aid in developers creating decentralized applications (DApps) to provide decentralized finance (DeFi) services to the users of the blockchain. With…
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Because Bitcoin is the first ever cryptocurrency, it often has a cult-like following of investors who won’t touch an altcoin no matter the potential ROI or promise behind the technology. But the recent alt season has investors in profit from the bull run converting BTC into other coins in search of better performance. After such…
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In a recent development, Coinbase issued a junk bond, and the market seemed to be hungry for the instrument. Currently, the US crypto exchange is recording more demands for these bonds every day. With these demands, the crypto exchange’s sales have grown from $1.5B to $2B. Bonds are fixed investments that yield interest monthly. But…
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On-chain data shows Bitcoin whales haven’t budged despite the recent dips, and are rather continuing to accumulate more. Whales Continue To Accumulate More Bitcoin As pointed out by a CryptoQuant post, the Bitcoin sum coin age (SCA) indicator has been going up, showing long-term holders are continuing to accumulate. The SCA is a BTC metric…
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