A study by Kraken took a deep dive into the Proof of Work (PoW) and Proof of Stake (PoS) mechanisms to discover neither was 'better' than the other, but each had unique characteristics that can bolster specific...
The world of casinos and its associated payment method have largely gone digital in the last few decades. Since the advent of the blockchain, there has been a big shift from land-based casinos to online casinos. Increasingly more real money online casino with favorable RTP rates accept digital currency as a form of payment. With crypto payments, transactions can be finalized...
The Binance Coin is also known by the abbreviation BNB. It is the native coin of the renowned cryptocurrency exchange Binance. So far, 200 million BNB have been issued by Binance worldwide. The aim is to ultimately promote the exchange. First and foremost, the coin is to be used for payment transactions within the exchange. But the gambling market also accepts payments with...
The rise of cryptocurrencies has come with a whole host of methodologies, tools, and frameworks that support and drive the demand for them in the modern digital marketplace. One of the most prominent of these is token economics, which takes economic models and token distribution and studies their inner workings to ascertain the value of specific cryptocurrencies and their potential for the future. ...
In 2011 the UN released a report declaring the internet a Human Right. However, over a decade later, millions of people in developing countries still lack the necessary means for a simple WiFi connection, many of which reside in Latin America. This is due to industry control by a few large Internet service providers...
Over the last few years, the cryptocurrency market has increased worldwide. Now, sports and crypto have become more intertwined. There are many famous sports clubs that accept cryptocurrency payments. Players of sports like chess, basketball, and soccer have been dealing in virtual assets using secured cryptographic keys. Even sports bettors are using...
While the previous bull market saw hundreds of play-to-earn games launched, only a few were able to maintain a steady user base as the market declined. This became apparent in July, when activity continued to fall. However, the trying market conditions also highlighted the handful of titles that managed to stand out. Splinterlands is one of those projects,...
The Synthetix protocol, which was launched in September 2017, allows users to mint and trade derivative tokens called Synths. Recent integrations and upcoming releases have significantly strengthened Synthetix protocol’s position: Recent integration with 1inch is driving up the utilization of the protocol on ETH mainnet Several protocols integrated with Synthetix on Optimism, a L2...
PlanB, the infamous creator of the stock-to-flow (S2F) model for Bitcoin, has seemingly abandoned the HODL strategy in favor of "quant investing" through ByBit. In a tweet Friday, he announced a "copy my trade" partnership with ByBit that "outperforms buy&hold 100x." An article detailing the...
The price of Ethereum has broken $1,800 for the first time since the market crash in June amid the Terra fallout. The bullish price movement comes less than a month from The Merge, which is scheduled for September. Ethereum rose strongly against Bitcoin on August 8 as it approached a key resistance that was last tested on August 6....
Reading Time: 2 minutes Bitcoin is holding key support above $23,000 Ethereum is clustering under resistance and looking to burst through The total market cap suggests that more upside could be to come in August...
Catching the coveted Bitcoin bottom requires analyzing more than just its price. One of the most reliable indicators of market bottoms has historically been miner data. Often considered to be one of the most resilient players in the crypto ecosystem, miners capitulate only when Bitcoin becomes too expensive to mine. Hash ribbons are a unique metric used to determine whether the market is...
Plans to grow Chainlinks oracle network and shore up its security through a new token staking system could give the project a new lease of life in the second half...
A new liquidity mining program from Aave has helped push the total value locked in Optimism above $1.5 billion. Optimism Launches Liquidity Mining on Aave Optimism has launched another round...
The U.S Bureau of Labor Statistics (BLS) released its nonfarm payroll showing employment had increased by 528,000 in July. This was more than twice Wall Street's expectations of a 258,000 increase. According to the figures, U.S unemployment now stands at 3.5%, beating analysts' expectations of a 3.6% unemployment rate. Stocks and Bitcoin initially reacted negatively following the...
Reading Time: 2 minutes The crypto market cap is still hovering below a crucial level After two failed attempts to get above $1.08 trillion, the market still can’t maintain it Until it turns this resistance into support, more downside could be on the cards The...
The shock resignation of Rishi Sunak on July 5 has cast uncertainty on the future direction of crypto in the U.K. In the months before his resignation, the former Chancellor spearheaded several policies to turn the country into a global crypto hub. This...
Retail investors are piling into Bitcoin despite continued regulation and price uncertainty, according to Barrons. Since July 13, Bitcoin has been trending upwards, growing in value by 18%. Having peaked at $24,700 on July 30, the uptrend was cut short. Nonetheless, this performance was BTC's best run of form since October 2021....
As Bitcoin seems to have found its bottom for 2022, there's a lot of speculation about where the cryptocurrency market is headed. And while some believe that the bear market is far from over, others are anticipating a huge third bullish wave that could see many new investors get involved in the space. Now, if you're considering investing in cryptocurrencies, it's essential to...
News