Cardano is recording increased price and network activity and has sparked bullish predictions about the coin’s future. The price of Cardano (ADA) hit a new four-month high on Sunday, climbing to $0.348808. The surge is reportedly due to heavy activity from whale investors and decentralized finance (DeFi) in general. According to CoinMarketCap data, Cardano is now trading higher at $0.353 after rising more than 4% in the last 24 hours and nearly 18% over 7 days. The network is seeing a...
Read More »Hydra Upgrade: Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect
The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the Cardano protocol. According to IOHK’s Twitter announcement, the first Hydra head has opened on the mainnet. For clarity, the Hydra head is the first member of the Hydra family protocol. And...
Read More »Justin Sun Announces Beta Testing for TRON Shielded Transactions with zk-SNARK
In nowadays world, privacy is everything. Privacy is a worthy asset in the world where almost anyone who is internet-connected, can find each and every data possible. In crypto space, privacy seems to be even more. Every day more and more companies are becoming aware of how important it is to ensure privacy for their customers. Zk-SNARK is a technology of a so-called of zero-knowledge cryptography. TRON Foundation and its founder Justin Sun seem to be starting to get it. Reportedly, Sun...
Read More »As Cryptocurrency Becomes Inevitable: Is Bitcoin on the Brink of a Santa Claus Rally?
The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so far, with most (but not all) altcoins struggling to stay closely related to Bitcoin and recording worse results.Currently, Bitcoin and crypto enthusiasts anticipate unexpected price growth, specialized...
Read More »Upbit Hack Is the Seventh Crypto Exchange Hack This Year, but Is It the Last One?
The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...
Read More »Bitcoin Price Stabilizes Above $7,000 as Only 169 Days Left till BTC Halving
On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...
Read More »Binance.US Exceeds $15 Million Daily Trading Volume One Month after Launch
In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...
Read More »eToro Unveils New Crypto Portfolio Based on the Algorithm of Twitter Mentions
Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...
Read More »Cardano and Ethereum Might Finally Switch to PoS in 2020
2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...
Read More »Crypto Exchange Giant Binance Finally Launched US Trading
Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US has been officially launched.https://t.co/AZwoBOy3iq Opens Trading For BTC, ETH, XRP, BCH, LTC, BNB and USDThttps://t.co/Sc8MkzYkn4 pic.twitter.com/wlv9SCshlM— Binance.US (@BinanceAmerica) September 24, 2019The company hopes that by doing so, it could enlarge its influence...
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