Author: Sarvottam Mishra

What if a digital currency wipeout caused widespread damage to the cryptocurrency ecosystem? Recently, stablecoins have been getting more attention, as they are quiet players in the cryptocurrency space. Since months, financial circles have wondered about stablecoins, in particular the one called Tether: are they stable enough? Numerous observers, including Jim Cramer, Nouriel Roubini, podcasters Bennett Tomlin and Cas Piancey, as well as Twitter user Bitfinex’ed, have raised concerns about Tether’s potential impact on the cryptocurrency ecosystem. Company reassuring users that its reserves are stable by releasing an attestation on August 9th. As attested by Stablecoin Giant, it is unlikely…

AMC accepts dogecoin? A rise of 6.32% in the global cryptocurrency market cap to $1.97 trillion was mirrored in Wednesday’s early morning price movement for Dogecoin. A Cointrendz data analysis shows moderate interest in DOGE on Twitter at the time of publication, with 911 mentions. Among the top three cryptocurrencies mentioned in tweets were BTC, ETH, and Solana. Earlier this week, the  Fed said it may begin to taper monthly asset purchases soon as the target fed funds rate range remained the same. A shift away from ultra-loose monetary policy may impact volatile assets in the future, such as cryptocurrency.…

Staking is one of the more recent buzzwords in crypto,with the popularity of Cardano staking and Shiba staking,more people are hopping in. Staking, as they say, allows you to earn “passive income”.  Staking is implemented differently by different chains. Staking in crypto can be very easy for some coins, it can be very profitable for others, and, in general, helping secure the network is a good thing. Also Read: How to book flights with crypto in India | Book Hotels with crypto in India I explain why you might want to dig deeper into your choice if you are invested…

The crypto space has historically had a poor month in September. Bitcoin is down by 8% as I am writing tis article.Over the past fifty years, the Dow Jones Industrial Average (DJIA) has declined on average by 0.8% during September, while the S&P 500 has declined on average by 0.5%. Unlike U.S. stocks, most worldwide markets are affected by the September effect. A number of analysts believe that decline in markets can be attributed to seasonal behavioral bias as investors change their portfolios to pay off summer investments. Also Read: The Infrastructure bill Voting Deadline is in doubt due to…

Solana price is $140.957 per (SOL / USD). Solana is 34.37% below the all time high of $214.79. You have seen your fair share of hype cycles if you have been involved in digital currencies for a few years. The next killer blockchain is always kicking off, whether it’s IOTA, EOS, XRP, or Sol. They are flooded with speculation, pumping token prices by thousands of percent, but eventually, as technical limitations are met with reality, all of it collapses or fades away. A lot of hype has been associated with the Sol digital currency so far this year. Solana’s blockchain came to…

A lot of people currently hold their cryptocurrencies in crypto wallets, special software and devices that store the public and private cryptographic keys for tracking cryptocurrency ownership and allowing users to send, receive, and store digital currency. Despite the fact that cryptocurrencies and wallets are legal, they are often used in ransomware attacks, where criminals require payment in virtually untraceable Bitcoin(It’s not exactly untraceable). In the event a hardware crypto wallet — one of the most secure wallet types that is often used to store large amounts of cryptocurrency — is submitted as evidence in a criminal investigation, law enforcement…

After the London Ethereum burn event , a question about what coin burning arises in a lot of minds. BNB and XRP are fine examples of it. Coin burning is one type of crypto term we will explore here. What causes it to happen, how it came about, and everything in-between. The process of coin burn does not apply to every cryptocurrency, but understanding the ins and outs will help you in your trading endeavors in the future when you do find out about it. Also Read: Weekly Wrap : Crypto updates, Black Swan Events and new listings Coin Burning:…

Solana has been under great limelight.The crypto landscape continues to keep investors on their toes. Price volatility, together with new coins and applications coming online almost every day, makes for very interesting, and profitable, times for those willing to put some effort into understanding all these changes. Also Read: Crypto Reddit Communities/Subreddits to stay updated in the volatile market Transaction fees between Solana and Ethereum Transaction fees at Polygon PoS are about $50,000 per day, or $18 million annually. While it distributes these inflationary rewards, it has distributed more than $400M. 95% of the profit is lost. Until the speculative…

By adopting smart contracts, Cardano will have to promote the development of a robust ecosystem. Chief information officer at SundaeSwap Labs, a company building a decentralized exchange on Cardano, Pi Lanningham is enjoying the experience, despite some struggles.Cardano price today is $2.49 USD with a 24-hour trading volume of $4,299,245,867 USD. Cardano is up 3.80% in the last 24 hours. The current ranking is #3, with a live market cap of $79,906,061,359 USD. It has a circulating supply of 32,038,100,544 ADA coins and a max. supply of 45,000,000,000 ADA coins. “We are consistently impressed with the core design and ledger model and have found many…

This algorithmic platform Pledge combines multiple public blockchains to offer structured lending and derivatives. The startup announces $3 million in funding led by DHVC. In addition to DHVC, prominent professor Gary LeBlanc has also joined the round. Berkeley Haas School of Business. One of the first professors to teach blockchain, LeBlanc will be accompanied by Stanford University community members, Ray Wong, CEO of Lutech, a prominent miner in Canada, and Telos Mortgage President, Torsten Wendl. A decentralized structured lending protocol, Pledge, establishes sophisticated money markets with algorithmically fixed interest rates, providing its own native token -PLGR-based on the supply and…

Industry experts are excited about the potential of logistics and freight forwarder blockchain technology. An application that uses blockchain technology for logistics has been developed as a prototype. Pharmaceutical products are tracked from manufacture to customer purchase point, from a factory pick-up to a store transaction. By keeping track of the product, you prevent tampering and logistics errors. ALSO READ : Cardano smart contracts upgrade: everything you need to know Logistics and freight forwarding are ideal applications for blockchain technology,blockchain applications are wide. Consider the example of a prototype that works. In the pharmaceutical supply chain, it facilitates tracking of…

In August 2021, Cardano became the third most valuable digital currency in the world by market capitalization, behind Bitcoin and Ethereum. ADA has increased by more than 1300% in 2021 and 130% in August alone. As excitement grew ahead of the smart contract launch, it broke the $3 mark for the first time in early September. With the introduction of smart contracts, ADA prices have since fallen below $3, but as long as smart contracts are implemented, they will continue to rise exponentially. In this section, we’ll discuss what ADA smart contracts are and why these could revolutionize this cryptocurrency.…

Although the financial services industry has undoubtedly changed considerably over the past 18 months, FinTech’s rise remains unabated, with global Financial Tech investment reaching $98 billion. It is impressive that FinTech investment in the UK reached a record high of £18bn in the first half of 2021, second only to the US, even during a time of considerable uncertainty due to the pandemic and the short-term fallout from Brexit. FinTechs involved in digital payments and processes have indeed thrived during this period as well, showing extraordinary resilience in the financial sector. ALSO READ: Bitcoin Value: How is it Determined? BTC…

Pantera Capital has raised $ 369M from 107 investors for its new blockchain fund, which was disclosed in regulatory filings on Friday 10 September, and is keeping the fund open indefinitely. A $600 million target Pantera had projected in early May was well short of the raise amassed from 107 investors. Pantera began taking investments in July and is leaving the fund open “indefinitely,” meaning it could get there eventually. About Pantera Pantera Capital is an American hedge fund that specializes in Cryptocurrencies. The firm was founded in 2003 by Dan Morehead. In 2013, it launched the first investment fund…

To create a public blockchain for archiving student records, the Vietnamese government has partnered with Singapore’s Tomochain.TomoChain, a Singapore-based company that makes smart contracts, announced Wednesday it has entered into an exclusive agreement with Vietnam’s Ministry of Education and Training (MOET) to archive student data on a blockchain. ALSO READ: Is Now a good time to invest in Cryptocurrency? According to the announcement, the National Qualifications Archive program will upload all certifications achieved by Vietnam’s high school and higher education students to the TomoChain public to create a transparent and immutable record. Qualifications are currently managed by educational and training institutions,…

Gas fees is essential to the Ethereum network. It is the fuel that allows it to operate, in the same way that a car needs gasoline to run. Ethereum 2.0, also known as Serenity or ETH 2.0, is a significant upgrade to Ethereum. With this project Ethereum’s capacity for transactions will be increased, fees will be reduced, and the network will be more sustainable. Ethereum will achieve this by changing its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).Also Read: Edward Snowden says competitors face pressure to acquire bitcoin after El SalvadorThe upgrade to Ethereum has been happening in phases.…

Solana Metrics is a highly functional open source project that banks on blockchain technologies permissionless nature to provide decentralized finance (DeFi) solutions. In March 2020, the Solana Foundation officially launched the Cryptocurrency with headquarters in Geneva, Switzerland. The idea and initial work on the project began in 2017.As of August 1, Solana was selling for $31-33, but as of September 3 it had peaked at $139.5. About 450 percent of the token’s value has gone up during the month. It is currently at 200$. Since last week, Solana has grown more than 70 per cent in value, surpassing Dogecoin to…

Blockchain has been in mass adoption throughout the world, it has been solving the much complex problems which every field had once.In this article ,we’ll discuss the much rising problem of Climate change and how blockchain can solve it .Also read: Category wise most popular cryptocurrenciesEach month of 2020 except December was among the top four warmest months on record for the month, according to the 2020 Global Climate Report from NOAA National Centers for Environmental Information. In December, the presence of a moderately strong La Niña event cooled the tropical Pacific Ocean and dampened the global average warmth. December…

The best way to diversify your portfolio is to have different categories of Cryptocurrencies.Everyone has different ways of customising their portfolio,this seems to be the safest way.The classification of cryptocurrencies is diverse and comes handy in solving a lot of problems the tech world is facing. Also Read: What are the best crypto websites, channels, and Twitter accounts to follow? Here I’ll discuss about most popular Cryptocurrencies of different categories: Binance Coin ($73 Billion market cap) : Exchange-based Tokens The cryptocurrency exchange tokens are digital assets that are native to a cryptocurrency exchange. They’ve Important use cases,such as: 1) Enhanced…

Ethereum Gas fees are very high these days, as we had discussed in this article. Also read: According to JPMorgan, cryptocurrencies markets are ‘looking frothy’ due to a spike in record retail demand Here we’ll discuss how to pay least possible gas fees for the Ethereum Mainnet. 1) Before transacting, check a Gas Tracker for the estimated gas price for a fast, average, or slow transaction. 2) If you are using, for instance. Metamask, you can Edit Gas Price if it is set too high or if you believe it will drop. Make sure the threshold is not too low,…