English
The Real Reason Behind Bitcoin Explosive Rally is Not Coinbase But Inflation
Bitcoin surged past $64,500 this week, shattering yet another record-high milestone after a month of downside consolidation, over sentiments that a fresh Wall Street listing of one of the leading crypto firms, Coinbase, would attract more wealthy investors to the booming sector. Bitcoin reaches another lifetime high. Source: BTCUSD on TradingView.com But the flagship cryptocurrency…
Read MoreDaily Bitcoin Transaction Volume Thriving, Nears Milestone $10 Billion
Bitcoin price is booming but there’s still the same old argument that remains: “nobody uses the top cryptocurrency for actual transactions.” While the claim has long been solid due to the asset acting more so as a store of value, daily transaction volume has also been soaring, nearing a milestone $10 billion. Here’s a closer look…
Read MoreDeFi Is Changing: And It’s for the Better
As the term suggests, decentralized finance is the rapidly growing field of decentralized financial tools and platforms — many of which provide access to crucial services that are scarcely available in many regions. As a rapidly growing industry, the DeFi landscape is iterating at a pace that few can keep up with — with increasingly novel…
Read MoreThe Simplest Bitcoin Analysis as BTC/USD Refreshes Milestone High
A quick look into the world’s leading cryptocurrency Bitcoin and what’s ahead for it as it achieves another lifetime high. And So It Goes, And So It Goes In retrospect, the BTC/USD exchange rate reached $62,750 ahead of the European opening bell on Tuesday. Some traders really showed their conviction for an extended bullish bias…
Read MoreUnicly To Allow Users To Combine, Fractionalize, And Trade NFTs
Capitalizing on blockchain technology, Unicly is deploying a novel protocol to fractionalize and pool liquidity for NFTs, allowing users to own portions of collections and resell them as fungible tokens. A New Means To Combine And Split NFT Collections Interest in NFTs has skyrocketed over the last few months, increasing the overall NFT market capitalization…
Read MoreTop Blockchain “Easter Egg” Projects to Look Out For
The crypto market has been experiencing an unparalleled amount of growth over the course of the last few months, as is best highlighted by the fact that since the start of 2021, the total amount of money that has made its way into the blockchain space has increased from around $760 billion to a whopping…
Read MoreRaze Network Kicks Off Initial DEX Offering on Bounce, Poolz and DuckStarter
$RAZE is designed as a utility token to represent participation and accelerate growth in the Raze Network ecosystem Raze Network, a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem, is set to launch its Initial DEX Offering (IDO). Starting today, on April 12, the public fundraising will take place on Bounce, Poolz, and DuckStarter, followed…
Read MoreRobinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues
As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to their blog post, the California-based broker saw its crypto user base grow to an all-time high of 9.5 million — up approximately 558% from 1.7…
Read MoreCryptoPunks NFTs Get $6M in Bids From a Single Account
NFTs are here to stay. CryptoArt is hotter than ever.CryptoPunks keep breaking records. As Christie’s auction approaches, the demand for the original NFTs rises. Today, an anonymous and recently created account placed bids worth 3,034 ETH for 16 CryptoPunks. At the current price, that’s $6,309,476.33. This fact makes the story even more interesting: so far,…
Read MoreIs Bitcoin Following S2F Model? How a $200K Top Could be in Sight
Is Bitcoin a commodity? It is, according to most regulatory agencies including the CFTC. But is Bitcoin a store of value (SoV) commodity? That seems to be the current consensus. Most of the investors are treating it as so, and calling it “Gold 2.0.” Well, if that’s the case, then Bitcoin should follow the stock-to-flow…
Read More