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At its core, cryptocurrency is typically a decentralized digital currency designed for use over the internet. Cryptocurrency is the first alternative to the traditional financial systems and has enormous advantages over the previous conventional payment method and asset class. Cryptocurrencies are typically used to purchase goods and services as decentralized digital currencies, unlike the US…
The last time ETH Denver was held in person, ETH’s market cap stood at $30B, DeFi hadn’t had its breakout summer, and few people outside of the 6,000 attendees knew what an NFT was. Fast forward to 2022 and a 10x in ETH’s market cap, the rise of NFTs, a DAO resurgence, and a year…
Algoracle, a decentralized oracle network built on the Algorand blockchain, announced today a partnership with Glitter Finance, a cross-chain bridge that allows the redeployment of a portion of locked tokens (collateral) on one chain into yield-generating vaults on another chain. The Glitter Finance team will utilize Algoracle data feeds for its network on the Algorand…
The “real” daily Bitcoin (BTC) volume spiked to levels not seen for three months amid the Russian invasion of Ukraine. According to the latest weekly update report from blockchain analytics firm Arcane Research, real daily BTC trading volume surged above the $10 billion last Thursday (Feb. 24, the first day of the invasion), marking the…
Bybit cryptocurrency exchange partnered with the MIRL project, a decentralized fashion company that was created in the metaverse. Through the partnership, the MIRL project will gain exposure to Bybit’s clients, well above 5 million traders. The crypto exchange will also promote the ‘FashionFi’ movement. The MIRL project is attempting to bridge between the virtual and…
Bitcoin (BTC) checked its latest gains at the Wall Street open on Mar. 1 as bulls sought to defend $44,000 highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC weekly gains hit 17% Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it declined from its local peak of $44,980 on Bitstamp at the opening…
In a major turnaround, BTC spiked by approximately 18% within a single day as crypto investors shrugged off the recent Russia Ukraine war concerns. On 1 March 2022, Bitcoin reached the price level of $44,500 for the first time in 2 weeks. BTC added more than $100 billion to its market cap within the last…
A set of 30 crypto wallets from 12 exchange accounts that have been linked to the terrorist group Hamas based in the Gaza Strip were seized on Monday by Israeli authorities. Crypto exchange al-Mutahadun held the wallets where 12 accounts were allegedly being used by Hamas leaders to fund terrorist efforts against Israel. The Times…
Non-fungible tokens (NFTs) have grown steadily throughout 2021 with the trading volume surpassing $25 billion from just $95 million in 2020. The PFP NFT niche contributed to this fantastic growth of the NFT market, with Collins declaring NFTs as 2021 Word of the Year. PFP NFTs have continued to help the NFT sector grow in…
Bitcoin (BTC) got a boost from the start of Wall Street trading Feb. 28 as U.S. stocks opened to a defining week for markets amid geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders eye BTC exit beyound $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $40,560 on Bitstamp after the…
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