Crypto Roundup: August 16th, 2021

The total value of the cryptoasset market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs. This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill on Tuesday without changing the requirements for crypto tax reporting, and on the same…

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Crypto Market Analysis: 16th August 2021

Cryptoassets continued their surge last week, with Cardano (ADA) a standout performer. ADA started the week at $1.41 but has since soared, reaching over $2.24 on Saturday – a 96% rise. At the time of writing the cryptoasset is trading around $2.14. Bitcoin continues to edge back towards the $50,000 mark as it maintains its…

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Metis DAO: Infrastructure for the Web3 World

The blockchain industry has experienced a significant transformation in the past two years with NFTs and DeFi becoming the norm. This development has caused major problems on the growth potential of Ethereum with high gas fees, slow transactions, and limited scalability. Metis DAO has emerged as a Layer 2 Ethereum scaling solution building a highly…

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