Cryptocurrency Analysis and News Portal
As the external factors become more uncertain since the first quarter of 2022, the crypto market has kept fluctuating. Recently, it is reported that the Federal Reserve might hike up interest rates by 50 basis points in May, and the crypto market would go through a sharp price correction along
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On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed currency regimes.” The study’s calculations
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Solana-based options trading platform PsyOptions has acquired Tap Finance in a bid to add structured investment products to its lineup.PsyOptions paid for Tap Finance with a mix of tokens and cash, core contributor Tommy Johnson said. He declined to state its total value, saying it would “distract” from the news.The
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During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since
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U.S. President Joe Biden will nominate Sarah Bloom Raskin as the U.S. Federal Reserve's vice chairman for supervision, CNBC reported on Thursday, citing people familiar with the matter. The president will also tap Lisa Cook and Philip Jefferson as Fed governors, according the report. Source
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Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“One step at a time”Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD
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Helium is partnering with internet service giant DISH on its quest to build a user-powered wireless network, the company announced Tuesday.The deal marks the first collaboration between Helium, a decentralized internet network with over 250,000 hotspots, and a major carrier. Seemingly related to the move, DISH is looking to hire
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Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting.As the sixth employee at a social media startup called Wildfire — which was acquired by Google
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Tezos blockchain is being tapped by three major Swiss crypto-based firms to offer tokenized assets to institutional clients. Issuing Tokenized Assets on Tezos Tezos (XTZ), a proof-of-stake (PoS) consensus algorithm smart contract platform is being used to offer tokenized assets to institutional clients by three crypto-focused companies in Switzerland. Specifically, Crypto Finance, InCore
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Compared to the “big blockchains” on the market, Telos differentiates itself across multiple segments. With a transaction per second throughput of 10,000 TX, it scores much higher than other ecosystems.The blockchain ecosystem has grown more competitive than ever before. Numerous chains are competing for traction, yet it is always worthwhile
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