Binance Smart Chain (BSC) is enjoying a steady flow of unique addresses which has also resulted in a massive surge in the daily transaction count the network is processing. BSC Transactions 200% More Than Ethereum’s Binance Smart Chain is undoubtedly one of the most popular networks amongst DeFi enthusiasts. Its capability to handle a large number of transactions per second efficiently has made it a preferred hub for various projects and users. The network is surging in...
Read More »Litecoin (LTC) Price Analysis: Holds Key Support Near $210
Litecoin price topped near the $245 level and corrected lower against the US Dollar. LTC price is now trading well above the $200 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $212 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher as long as there is no daily close below the $205 zone. Litecoin price is showing positive signs above $212 against the US...
Read More »Crypto Industry Reaches $2 Trillion Market Cap Following Ethereum and Altcoin Surges
The cryptocurrency arena has reached a new pinnacle. The industry has a total market cap now exceeding $2 trillion. The news comes after several of the world’s leading altcoins – including Ethereum, Litecoin, Ripple’s XRP and Binance Coin – spiked to new highs after bitcoin once again neared the $60,000 per unit range. Ethereum and Other Coins Have Jumped Heavily The cryptocurrency industry’s market cap has so far more than doubled what it was at the beginning of the...
Read More »$1.8 Billion Longs Liquidated in a Day as Bitcoin Price Dips Below $56K
The bears had the upper hand in today’s trading session as markets are red across the board. Bitcoin’s price dipped to $55,600, causing a serious number of liquidated long positions. Bitcoin’s price took a turn for the worst today and declined from an intraday high of around $58,600 to a low of $55,600, losing $3,000 from its dollar value. At the time of this writing, the price hovers indecisively around $56,000. BTC/USD. Source: TradingViewThe entire cryptocurrency market...
Read More »Court Grants Ripple Access to SEC Documents on Bitcoin and Ethereum
The SEC seeks to compel Ripple to register XRP as security or pay a fine for selling it as an unregistered security. In an ongoing lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple Labs, Southern District Court of New York Judge Sarah Netburn granted the latter access to documents regarding Bitcoin and Ethereum. However, Netburn denied access to staff-to-staff email communications on the same matter. “I’m going to grant in large part the defendants’ motion,” said...
Read More »After Bitcoin and Ethereum, CoinShares Launched a Physically-Backed Litecoin ETP
After releasing physically-backed exchange-traded products tracking the performance of Bitcoin (BTC) and Ethereum (ETH) earlier this year, CoinShares has expanded its portfolio with the addition of a Litecoin ETP. Litecoin ETP Arrives from CoinShares According to an announcement from April 6th, CoinShares has released another exchange-traded product tracking the performance of a cryptocurrency asset called CoinShares Physical Litecoin. The company revealed that the base fee...
Read More »Metis Prepares to Launch Testnest for Layer-Two Ethereum Solution
Metis can drastically decrease the wait time between layer-two and layer-one network communications.As the most widely adopted decentralized smart contract platform, Ethereum is a dApp powerhouse, but it has become a victim of its own success. Metis is launching a layer-two solution on top of the Ethereum network to mitigate these problems, eliminating high transaction fees and slow transaction times with a more efficient alternative. Metis has released the details behind its Metis Rollup and...
Read More »Student Coin: Unique Blockchain Project that Explores Tokenization of Education Sector
The entire ecosystem is powered by the STC token, which is the utility currency of the platform. It is an ERC-20 token that is built to offer transparency, fast payments, and regular dividends to users. Blockchain is a unique innovation that has resulted in a multi-billion dollar industry centered around building novel innovations. As the leading cryptocurrency, Bitcoin has led the charge proving that money can be transferred without using traditional payment means. Ethereum took the mantle...
Read More »Chainlink Now Listed on Cryptal
[PRESS RELEASE – Please Read Disclaimer] The newest token available on Cryptal Exchange is Chainlink (LINK). As of today, you can now buy, sell, and trade LINK for USD or BTC. Chainlink was founded and developed by Sergey Nazarov and Steve Ellis. Its ICO was held in September 2017, raising $32 million. There is a total supply of 1 billion LINK tokens, of which over 414.5 million are in circulation. Current market capitalization is over $11 billion. Chainlink connects...
Read More »NFT Platform Auctionity to Expand DRT Usage, Adopt FIAT Payments
[PRESS RELEASE – Please Read Disclaimer] One of the earliest adopters of NFTs, Auctionity has offered crypto enthusiasts a 100% blockchain-based NFT auction platform since 2017, made possible through implementation of the DomRaider network. Auctionity helped to forge a method for the convenient sale of NFTs in 2018 by building an innovative and secure auction protocol; a model which has been validated via scientific publication. Today marks a new milestone for Auctionity as...
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