- SportsFi soars as a Brazilian regulator approves of fan tokens
- BlockFi claims to have made significant progress towards escaping bankruptcy.
- Reorganisation plan for Celsius Network approved; creditors will receive $2 billion
- Google Cloud Acquires Validator Status on Polygon PoS Network
- Arkham Integrates the Flare Network for Better Crypto Data Access
- Crypto Bills Could Be Delayed by the US Government Shutdown
- Tether stability is being questioned as the cryptocurrency markets remain volatile.
- Web3 DRM from Theta Labs enhances rare pet videos
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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…
Evergrade Saga Chinese construction giant Evergrande Group was deemed a Fortune 500 company and the company is now owed approximately $1.95 trillion on the market. Evergrande Group’s offices have been undergoing protests and unrest across China as a result of the uncontrollable crash of the Chinese market player. Over 70,000 investors have been disappointed with unfulfilled promises, causing this intense protest. Reports suggest that over a million homebuyers have no idea where their investments have stood with Evergrande Group. As the developer trembles between a managed collapse and a bailout by Beijing, with liabilities of nearly two trillion yuan ($305…
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…
Crypto Reddit communities, you can find devoted to different aspects of crypto. While some focus on trading, others analyze ICOs, and on IDOs, sometimes solely dedicated to a particular token. You can spend some time on a variety of subreddits each day and learn a ton by following those it interests you the most. Below are some of the most excellent crypto subreddits on the platform for learning more about crypto. Crypto Reddit Communities r/CryptoCurrency Crypto-only subreddit with over 1M members, this is an extremely active subforum where you can discuss breaking news, charts, markets, and analysis. Tokens and other…
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…
A cryptocurrency exchange is a platform that facilitates transactions of digital currencies The huge development of cryptocurrency has piqued everyone. Over the past year or so, the value of Bitcoin has grown leaps and bounds. In actual fact, in April this year, the world’s oldest and biggest cryptocurrency breached the $60,000-mark. Amongst others, Ether has followed virtually the identical trajectory as Bitcoin, but Dogecoin, the meme-based cryptocurrency, broadly popularised by billionaire Elon Musk, has been the surprise package. What was once started and for the longest time dismissed as only a “meme” has a market cap of ₹ 2.8 trillion. Now, if…
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…
Skeptics have questioned Bitcoin Value fluctuation and strived to rationalize its valuation based on its mathematical and economic basis. The decentralized nature of Bitcoin means that it does not follow government monetary policy, and it isn’t backed by a government or underlying asset. This creates skepticism among investors and consumers who value the price stability signals fiat currencies enjoy as a result of government policies and support. Supply and Demand for Bitcoin The Bitcoin Value is determined in the same way that the value of the U.S. dollar is determined: supply and demand. Like fiat currency, when the demand for…
It explains how you can uncover new ICOs and cryptocurrencies in this article in order to make informed decisions. How to find ICO Coingecko Crypto traders and investors who want to stay ahead of the curve should check out CoinGecko, which is still in public beta testing. With CoinGecko you can search live cryptocurrency prices across multiple exchanges in real-time. A single glance at CoinGecko provides insight into the cryptocurrency, price in real time, and the percentage gain/decline in the trading session. CoinGecko also provides information on the market cap of different cryptocurrencies. In addition, CoinGecko gives insight into the…