Cryptocurrency Analysis and News Portal
The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko.By late October of this year,
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Loopring runs on the Ethereum network, specifically on “layer 2″ zero knowledge rollups (zkRollups). Layer 2, or “L2,” refers to a secondary protocol that builds on top of an existing system, in this case, on top of Ethereum. ZkRollups allow blockchains to validate transactions faster whilst ensuring that gas fees
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A new Chainalysis report shows that the number of decentralized exchanges (DEXs) is growing faster than all other types of crypto exchanges. But Similar Web data shows centralized exchanges are far from unpopular, with Binance seeing 171 million visitors in October. Chainalysis published a report on crypto exchanges on Nov.
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SIX Digital Exchange (SDX) will go live later this month, according to two people familiar with the plans.An important milestone for SDX, the digital-asset subsidiary of Switzerland’s main stock exchange operator SIX Group, was the receipt of two licenses from Swiss markets regulator FINMA in September.“SDX is now ready to
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Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84%
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Bitcoin (BTC) bulls are betting on a solid month for BTC price action, as November traditionally sees strong gains for United States stocks.Data shows that November has been the best performing month for the S&P 500 since 1985.November 2021 has stiff competitionWith “Uptober” already the biggest month in terms of
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Perhaps more concerningly, the results suggest cryptocurrency isn’t doing much to break down the barriers of financial inclusion for certain groups: Crypto owners tend to steer young, educated, wealthy and male. In addition, basic crypto knowledge plummeted even further outside the U.S., with 99% of respondents in Brazil and Mexico
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Bitcoin (BTC) sees a volatile start to a new week and a new month after its first ever monthly close above $60,000 — what’s next?After a highly anticipated end to “Uptober,” bulls are looking to November to provide the next phase of what they hope — and sometimes promise —
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During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto market in terms
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On Oct. 27, at epoch 74240, the Altair Beacon Chain upgrade is scheduled to activate on the Ethereum mainnet.According to the Ethereum blog, the upgrade represents a “low stakes, warm-up” to prepare Beacon Chain developers and client teams for the coming Merge, when Ethereum will transition from a proof-of-work to
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