Day: October 24, 2021

How Cardano’s Ada, an Alternative to Bitcoin, Cracked the Crypto Market | WSJ

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What you need to know about the popular altcoin. The price of Cardano’s Ada soared this summer as it again became the third-largest cryptocurrency by market capitalization. WSJ explains what drove the surge and how the cryptocurrency differs from others like Bitcoin and Ethereum. Illustration: Tom Grillo/WSJ WSJ Explains News moves fast, and there’s not always time to untangle the complex forces driving the day’s biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to…

Reactivated Ethereum pools trigger a 78% surge in THORChain price

Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to be having a positive impact on RUNE price. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $2.95 on July 20, the price of RUNE has increased 283% to a$11.64…

An African Blockchain Enthusiast Launches Expedition That Seeks to Highlight East Africa’s Potential – Interview Bitcoin News

While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Bitcoin.com News, much of the focus in terms of investment has been on two regions, Southern and West Africa. Adebajo suggests in written responses to questions sent to Bitcoin.com News that the East Africa region is being left behind. Therefore, to correct this…

Bitcoin Analysis – Crypto Art Australia – 24/9/21

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Analysis – Crypto Art Australia – 24/9/21 In this video I analyse the short, medium & long term chart of Bitcoin to see where the market & Bitcoin individually will likely move next. 24/9/21 Community: Reach out to us on Twitter – @CryptoARTAus Sources: SL369 is a legendary human, check out her channel!: Disclaimer: We are not financial advisors. Do your own research. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Adshares.net web3 Marketing Protocol Aims for Metaverse Ads – Press release Bitcoin News

press release PRESS RELEASE. Adshares ($ADS) decentralized network working since 2017, created the possibility to connect Publishers and Advertisers directly with the use of blockchain and allows them to sign advertising contracts without intermediaries. The Adshares team is constantly putting in a lot of effort to grow their ecosystem which shows that Adshares is considered one of the biggest players in the decentralized ad network market in the world for a reason. This is well illustrated by the number of impressions of their ads, which surpassed 200 million per month.…

Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXS

Traders are watching to see if BTC’s bounce of the 20-day moving average resumes the uptrend. Meanwhile, SOL, AVAX, ALGO and AXS are preparing for a move higher. Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week’s Bitcoin exchange-traded funds. In the past, the launch of the Bitcoin Futures product by the Chicago Mercantile Exchange on Dec. 18, 2017, ended…

Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower – Mining Bitcoin News

Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed the hashrate higher and in a week’s time, the overall mining difficulty is expected to increase for the eighth time in a row. Bitcoin Hashrate Steadily Rises Higher As bitcoin’s price is still more than 30% higher during the last month, even…

Want to Buy Dogecoin? Read This First

With so much social media hype, mainstream attention and celebrity support it’s easy to think that dogecoin is a solid investment. But is the dog-themed cryptocurrency really as innocent as it looks? Dogecoin has come a long way since its modest beginnings as a parody cryptocurrency based on a viral internet meme of a Shiba Inu “doge.” Back when it was just a pup in December 2013 the price of doge was $0.00055878 per coin, worlds away from its all-time high in May 2021 of $0.69 (123,383.30%). A big part…