Cryptocurrency Analysis and News Portal
Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network's faster transaction times and lower fees when compared to the Ethereum network. An even greater focus has fallen on layer 2 solutions that can help Ethereum keep up with the competition as
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Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment
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In a bid to offer more incentives to its investors, traders, and global supporters, the Binance exchange has launched a revised version of staking reward for BNB holders.Binance Coin (BNB), the native digital currency of the Binance cryptocurrency exchange, is rebalancing after being caught up in the volatility that has
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Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC).Announced Monday, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of
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Bitcoin is slipping lower despite the rally earlier today. BTC is down another 2% since the trading session
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The price of bitcoin took a bit of a dip, though overall market sentiment remains bullish. Ether’s correlation to bitcoin is going up despite differences in value propositions.Bitcoin (BTC) trading around $19,077 as of 21:15 UTC (4:15 p.m. ET). Slipping 2.1% over the previous 24 hours.Bitcoin’s 24-hour range: $18,171-$19,920BTC above
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Ethereum’s Infura went down, causing a chain split. The world’s second-largest bank will issue $3 billion in blockchain bonds. President-elect Joe Biden’s transition team features some noted crypto commenters. Top shelfChain splitWednesday morning, around 08:00 UTC, Ethereum infrastructure provider Infura disclosed a service outage for its Ethereum mainnet API, related to
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Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based security firm.BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul, the companies said.The
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Federated Hermes chief equity market strategist Phil Orlando considers the election and rising COVID-19 cases as threats to the S&P 500.Economists have lowered their forecast for the fourth quarter, projecting a 4.3% annual economic contraction.Growing uncertainty and nervousness in the markets amidst a declining economy pose major threats to U.S.
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Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.The Hong Kong Monetary Authority (HKMA) has selected Ethereum development studio ConsenSys, as the trusted partner for the Phase 2 of its Project Inthanon-LionRock, the country’s equivalent
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