Tag Archives: Editorials

Cardano is currently the third-largest cryptocurrency by means of total market capitalization. The network saw substantial growth over the current bull cycle, which brought its current valuation to $76 billion at the time of this writing. Over the years, Cardano has received serious criticism of its approach where naysayers argued that the billion-dollar market cap is completely unjustified for a network with no usable applications. For those unaware, the project took a...

El Salvador will, in ten days, adopt Bitcoin as an official currency. It’s making massive investments in projects to develop end-user products to hold and spend bitcoin. The opportunities of this venture are enormous, though some warn there are risks. El Salvadorians Will Soon Find Imports Attractive Because Bitcoin is a deflationary cryptocurrency, and the oldest blockchain with the most of its limited currency already mined, and especially given the history of the BTC price...

With the gargantuan $1 trillion U.S. infrastructure bill in parliamentary limbo, the fate of the crypto tax proposal tacked onto it remains in question. Meanwhile, the cryptocurrency industry is getting organized with a new sense of urgency to lobby and campaign. The Senate has passed the trillion-dollar bipartisan infrastructure package without an amendment hoped for by cryptocurrency industry stakeholders and blockchain-friendly delegates in Congress. But the fate of the...

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose. For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets. The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s...

Palantir says it’s preparing for a black swan event with its massive gold purchase this month. Bloomberg reports the company also accepts bitcoin and gold as payment, but no one has paid in either. The Peter Thiel cloud computing company is also interested in accumulating bitcoin, Per a recently report: “The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies, and possibly Bitcoin. Palantir...

Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long as the technical and on-chain data continue to show strength. Our price targets are heavily time-based, condition-based, and blend multiple forms of analysis. Assuming bitcoin price reaches major technical targets to the upside and on-chain metrics are flashing significant sell signals, the probability of a bull...

Blockchain’s moon race is on as the ecosystem grapples with developing scalability solutions to meet demand without sacrificing security or decentralization – the classic blockchain trilemma. The rapid growth in decentralized finance, NFTs, and gaming has seen adoption congest the Ethereum network, in particular, leading to bottlenecks and high transaction fees given its capacity for processing only a few transactions per second, rendering many dApps usable at times....

Polkadot has quickly become one of the most popular and, by far, among the biggest cryptocurrency blockchains throughout the entire industry. It appears that the hype surrounding Polkadot is only growing stronger, so we’ve taken the liberty to compile a comprehensive walk-through, guiding those who are less aware of the project and what it is all about. Photo by Alina Grubnyak on UnsplashWhat is Polkadot In Simple Words? Polkadot is Ethereum Co-founder Gavin Wood’s bet...

PolyNetwork, an interoperability protocol enabling atomic-cross chain transactions between multiple major blockchains, was just exploited to steal $600 million worth of investor’s crypto on Polygon, Binance Smart chain, and Ethereum What Exactly Happened? As reported by CryptoPotato earlier today, PolyNetwork announced that they had been attacked at 8:38 am EST. They immediately listed the addresses to which the anonymous hacker had transferred their funds on the ETH, BSC,...

Hosted by the Crypto Council for Innovation and sponsored by Square and ARK Invest, “The B Word” was a day-long Bitcoin centric online event that aired on Wednesday, aiming “to correct mainstream narratives around Bitcoin, explain how institutions can embrace it, and raise awareness around areas of the network that need support.” While there were many profound speakers and stimulating discussions throughout the conference, the first two tracks featured some of the most...