After over a decade of ups and downs, it finally seems like cryptocurrency is here to stay. The value of one bitcoin has risen to record levels, and a plethora of alternative cryptocurrencies have cropped up in its wake with the total market value of crypto rising to well over two trillion dollars today. As…
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Bitcoin mining is on the move. Around the world, more companies and initiatives are being brought to life. Blockstream and Square have announced a partnership to build one in the U.S. based on renewable energy. The Bitcoin infrastructure startup, led by Adam Back, and the financial services company, led by Jack Dorsey, will create an…
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Cardano (ADA) developer IOG has launched the first testnet for their smart contract platform, “Alonzo Blue”. The first stage of a roadmap set to be completed around September with full implementation of smart contract capabilities for the platform. The evolution of Cardano has not gone unnoticed. Popular crypto analyst Ben Armstrong recently revealed his 1,000,000…
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2020 was a good year for the DeFi sector as several platforms saw an increased interest from traders and users. As these platforms offered new liquidity options for traders and helped them earn more profit, there was a sudden flow of income, resulting in more DEXs opening up to capitalize on this opportunity. One of…
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Research firm Messari published a report on the performance of 5 sectors in the crypto industry after the recent crash. Written by Roberto Talamas, the report determined that smart contracts (Solana, Cosmos, Polkadot, Kusama, and others) have been amongst the least affected by this event. Relentless selling pressure caused the main cryptocurrencies to correct by…
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Celsius CEO Alex Mashinsky sat down live at Miami’s Bitcoin 2021 Conference with Yahoo! Finance for a brief discussion on Celsius, Elon, and more. With a quick question out of the gate around Elon’s latest Twitter chatter, Mashinsky didn’t hesitate to share his opinion. ‘The Crypto Tourist’ “Elon is a tourist in crypto”, Mashinsky stated,…
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Crypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is over or not. If it isn’t, a fractal discovered from the past market cycle forming this time around, could provide a roadmap for the last leg up of the current bull…
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A couple of years ago, large companies considered it a good form to throw stones at the crypto industry, with Bitcoin and other popular cryptocurrencies coming under heavy criticism. Today, many market participants have been forced to radically alter their view of this new financial instrument and even join the crypto community. What’s the reason…
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Bitcoin takes a fall following an obscure tweet from Elon Musk suggesting a potential breakup with the leading cryptocurrency. #Bitcoin 💔 pic.twitter.com/lNnEfMdtJf — Elon Musk (@elonmusk) June 4, 2021 Despite the best efforts of many to ignore Musk in recent times, the Tesla boss today demonstrated his range of influence goes far beyond that of…
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Great waves sweeping away sand, the real gold then emerges Since the birth of cryptocurrency mining, enthusiasm has been growing year by year, and the hashrate of the entire network has kept rising. Individual miners can no longer manage it as a scalable, specialized, and globalized mining industry has become the norm. In the past…
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