Over the last several weeks, the peer-reviewed blockchain Cardano and its native crypto asset ADA have been on an absolute tear, adding to a year-to-date rally of more than 1,000% ROI. From Black Thursday 2020 lows of around two pennies, the now third-ranked cryptocurrency by market cap trades for $2 apiece, highlighting a monster 18,000%…
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The general perspective of blockchain technology is that it is simply a decentralized, distributed ledger that records the provenance of a digital asset. Bitcoin and other cryptocurrencies are digital assets that are kept on the blockchain (a distributed ledger technology) which makes the system unaltered once created. Once a transaction is added to the ledger,…
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Bitcoin has now seen declining prices following the El Salvador Bitcoin law. The flash crash that had cleared at least $400 billion off the crypto total market cap has left lingering effects on the price of the digital asset. The price had plunged from $50,000 to $42,000 in less than an hour, leading to an…
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Leading wealth management platform Abra completed a Series C funding with participation from the Stellar Development Foundation. The company raised $55 million in the round led by major players in the industry, such as IGNIA and Blockchain Capital. The Stellar Development Foundation was one of the new investors in the company alongside Kingsway Capital and…
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On May 22, 2010, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John’s pizzas, essentially the first use case of a cryptocurrency. On July 30, 2015, Ethereum was launched as the first broadly using application-layer blockchain, allowing for the creation of decentralized applications, cryptocurrency tokens and non-fungible tokens. In 2021, progress has…
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Today, the talk across the crypto market is that Bitcoin price is forming a Golden Cross – a potentially bullish signal according to conventional knowledge. But this is the cryptocurrency market, and anything is possible given the potential for sudden, sweeping regulation, hacks, or worse. With the Golden Cross now here, we are looking back…
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In DeFi, trading crypto options and hedging volatility can be hard. Divergence, an emerging decentralized protocol, aims to make it simple for users. It offers binary options for blockchain-native asset prices, LP tokens, interest rates, and farmed yields. In just three months after its social media debut, it quickly gained traction with crypto communities. The…
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The data storage specialists at Opacity are proud to announce a new partnership with Rubic to cut down on costly cryptocurrency fees. With the new partnership between Opacity and Rubic, users who are concerned about privacy and digital security finally have the weapons to fight back against the surveillance state. Encrypted Storage Has Never Been…
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Sifchain, the omni-chain DEX platform connected to the Cosmos network, recently rolled out the 2.0 update for its signature product Peggy. Peggy is a two-way bridge that connects Sifchain to the Ethereum network and enables a seamless flow of assets between the chains. Now that Sifchain is connected to the Cosmos network, Peggy also facilitates…
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Ethereum gained traction and broke the $3,400 resistance zone against the US Dollar. ETH price is showing positive signs and it could even surpass the $3,500 level. Ethereum started a decent increase above the $3,350 and $3,400 resistance levels. The price is now trading above $3,400 and the 100 hourly simple moving average. There was…
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