As blockchain skills continue to be desired in today’s job market, several universities will implement and teach these skills to incoming students, and make them job-ready, when it comes to blockchain technology and other cryptocurrencies.There’s no doubt that blockchain is revolutionizing almost every industry when it comes to today’s economy. Now, universities worldwide are taking up the notion that blockchain is destined to be the next generation of how we run the economy at a grander...
Read More »Chainlink Mounts Pressure on Bitcoin Cash for 8th Highest Ranked Coin Slot
Link has moved from a trading price of $12 on January 11, 2021, to a current position of $22 with a market cap of near $9 billion.Chainlink has cemented its name among the top ten highest-ranked cryptocurrencies by market cap after overtaking Stellar Lumen and Bitcoin Cash to reach the 8th position before slipping back to 9th by a small margin. The oracle-based blockchain protocol grabbed headlines in 2020 after coming from a very low price point to trade in the double-digit price zone. Link...
Read More »Mitsubishi Partners with Tokyo Tech and Develop Blockchain for P2P Energy Trading
Mitsubishi and Tokyo Tech expect to commercialize the project as soon as possible.Mitsubishi and Tokyo Institute of Technology have announced a new development, it is a blockchain system that would help to optimize peer-to-peer energy trading.According to the announcement, the new technology would lead to the efficient use of any surplus power that might have been generated through renewable sources. Essentially, what this initiative is driving at is to ensure that there would always be...
Read More »Intel, BioMarin, Avid Technology Stocks Chosen by Wall Street Analysts as Earnings Season Is Here
As the earnings season has come, analysts have picked up three companies with renewed price targets over some fundamental and financial improvements taking place. Take a look at what has changed for Intel, BioMarin and Avid Technology.Wall Street indices have rallied pretty well at the beginning of 2021. Over the last week, the US stock market remained under a bit of pressure as Wall Street awaits the approval of the $1.9 trillion COVID-19 relief package proposed by the Biden administration....
Read More »DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion
The decentralized finance sector continues to grow with an impressive all-time high of over $24 billion locked. Additionally, the Binance DeFi Composite Index, measuring the performance of numerous DeFi coins, also marked a new ATH today.Binance DeFi Index To New HighsLaunched in August 2020, the DeFi Composite Index tracks and measures the performance of “a basket” of DeFi assets in what the company described as a “standardized way.”“The composite price indices are combinations of different...
Read More »Stellar Lumen (XLM) Price Approaching Next Key Break, Key Supports Nearby
Stellar lumen price rallied significantly towards $0.4000 before correcting lower against the US Dollar.XLM price is now consolidating above $0.2600 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3130 on the 4-hours chart (data feed via Kraken).The pair could either correct further to $0.2200 or it might start a fresh rally above $0.3200.Stellar lumen price is trading in a bullish zone above $0.2600 against the US Dollar,...
Read More »Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)
BTC’s somewhat adverse weekend ended with the asset bottoming below $34,000, but bitcoin has bounced off since then and topped $36,000. New all-time highs for Binance Coin and Chainlink have helped the market cap to conquer the coveted $1 trillion level again.Bitcoin Tops $36KThe primary cryptocurrency was riding high above $38,000 before the weekend, but the bears didn’t allow any further increases. Just the opposite, they drove BTC’s price south on a few occasions.The asset dipped to...
Read More »Ripple Price Analysis: Risk of a Sharp Drop Below $0.265
Ripple price is showing a lot of bearish signs below the $0.3000 level against the US dollar.The price is still holding the key $0.2550 support level, but it is well below the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.2720 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong decline if it breaks the $0.2720 and $0.2680 support levels.Ripple price is struggling to start a decent recovery...
Read More »Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report
In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020. Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge.2020: Best Price PerformersCoinGecko’s report noted that the market caps of the top 30 cryptocurrency assets grew by $552 billion (308%) in 2020. Thus, last year’s results have...
Read More »Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours
The world’s leading cryptocurrency exchange token by means of market capitalization, Binance Coin, is approaching its ATH. This happens hours before the company goes on with its 14th scheduled BNB token burn.BNB Price Eyes ATHBinance Coin is the world’s leading cryptocurrency exchange token. Over the past 12 hours, BNB saw an impressive increase in its dollar value. It went from a low of about $40.9 to a high of $45 for total intraday gains of 10%.Interestingly enough, the coin also came...
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