The mining of cryptocurrencies can be a lucrative venture, depending on which consensus algorithm the ecosystems use. Finding the right cryptocurrency to mine can be a lot more complex than people assume. Comparing the different options is essential for anyone interested in exploring these options. Traditional Mining Remains Expensive Whereas most people would think of…
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The Co-Founder of Dogecoin, Billy Markus, said crypto prices are mainly driven by fools selling to even greater fools. “I agree with the greater fool theory driving most of crypto prices, but I’m honestly wondering what percent you think any crypto is purchased from utility vs greater fool theory From my viewpoint it’s about 99.99%…
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PolkaWar, an upcoming NFT-based fighting game, announces that the company has secured $400,000 in funding from the strategic partners at ChinaPolka, BMW Capital and PolkaBridge in an exclusive private-sale round, which was conducted earlier this month. Great interest and fervor have been shown by each investment team for the project’s highly anticipated NFT + Gaming…
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Blockchain gaming is one of the happening spaces in the crypto industry as projects attempt to address various shortcomings that are prevalent in traditional gaming. The current breed of blockchain games has been successful so far, but they still leave a lot to be desired. An innovative project, Night Life Crypto is changing all these…
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Ethereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance. Ethereum is slowly moving higher and it broke the key $2,500 resistance zone. The price is now trading well above $2,500 and the 100 hourly…
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Bitcoin price started a steady increase above the $36,000 resistance against the US Dollar. BTC even broke $37,000 and it is now showing positive signs. Bitcoin gained bullish momentum above the $35,000 and $36,000 resistance levels. The price is currently trading well above $36,000 and the 100 hourly simple moving average. There was a break…
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Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th. The summit had the objective of discussing the post-pandemic world…
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Bitcoin price was slashed in half during the month of May, leaving today as the last day for bulls to make a stand and undo the worst monthly on record. Even if the blood stain is left behind on the price chart for good, that doesn’t mean bulls still can’t pull off an upset and…
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Cardano Founder Charles Hoskinson shared his damning thoughts on the legacy financial system, concluding that cryptocurrency will take over because it offers a better way. The Banking System Brought This On Itself Much is said about the enmity between cryptocurrency and banking. While the banking system towers above cryptocurrency in terms of both capitalization and…
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Ripple CEO Brad Garlinghouse says that the San Francisco-based payments startup intends to go public once its legal battle with the U.S. Securities and Exchange Commission (SEC) is settled. XRP To Go Public In an interview during the Consensus 2021 event, Garlinghouse commends Coinbase following the crypto exchange’s debut on the Nasdaq in April. Despite the…
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