Cryptocurrency Analysis and News Portal
The broader crypto market recorded its second day of growth ahead of a U.S. Federal Reserve (Fed) statement on Wednesday. Prices of bitcoin, ether and other major cryptocurrencies rose as much as 7% in the past 24 hours, with memecoin Dogecoin leading gains among the biggest assets by market capitalization.Terra's
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Ethereum is one of the prominent blockchains in the crypto industry that established smart contract technology. This helped consolidate decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, its main challenge and setback were linked to scalability and speed in executing transactions. As the months and years
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On Thursday, the Near Foundation announced the close of a $150 million funding round. Su Zhu’s Three Arrows Capital led the private token sale, with participation from major crypto-focused funds including Mechanism Capital, Dragonfly Capital, Andreessen Horowitz (a16z), Jump, Alameda, Zee Prime and Amber Group, among others. Original Source
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Harmony enjoyed much of its hype in the past month with the rise of DeFi Kingdom, an integrated game, exchange, and non-fungible token (NFT) project that’s locked over $740 million worth of its native token, JEWEL, and other assets since its launch. Original Source
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A farming simulator clogged a popular blockchain for days on end last week. Now a new research report from blockchain analytics firm Nansen sheds light on a possible solution.Ronin, a layer 2 from Axie Infinity developer Sky Mavis devoted solely to the game, processed 560% more total transactions than Ethereum
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The team behind one of Solana’s largest projects is midway through a $100 million raise to expand operations. According to a press release provided to CoinDesk, the Incentive Ecosystem Foundation, the legal entity staffing the team behind the orderbook-based decentralized exchange, is raising the funds to hire and move into
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WeChat, China's largest messaging app and one of the country's most popular payment services, will start supporting the Chinese government's digital currency.On Jan. 6, 2021, Tencent announced that it will begin accepting digital yuan payments via its proprietary mobile wallet WeChat Pay, according to a local news report. China has
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Native tokens of the Fantom and Near blockchains surged as much as 20% in the past 24 hours amid a continuing trend of investors betting on the growth of layer 1 protocols. The NEAR token hit a new all-time high of $17.48 before a brief sell-off at the time of
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Coinbase Chief Product Officer Surojit Chatterjee is the latest to publish his predictions for the crypto industry in 2022 and he foresees major advances in the scaling of Ethereum.Industry leaders, analysts, and investors are sharing their 2022 predictions for the crypto ecosystem, and Coinbase’s Surojit Chatterjee is confident that Ethereum
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(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the
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