Day: January 23, 2023

Cardano recovers from an outage on 50% relay and block-producing nodes

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Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend.  According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research in fintech behind the Cardano blockchain, an anomaly caused 50% of Cardano nodes to disconnect and restart.  Last night during the anomaly on the #Cardano network, the entire network did not go down. There was a brief period of degradation. Most nodes impacted had gracefully recovered.…

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program – Fintech Bitcoin News

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The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of Spain Authorizes Digital Euro Token Tests Europe is becoming a hotspot for stablecoins and CBDC (central bank digital currency) experimentation. On Jan. 19, the Bank of Spain greenlighted a pilot program that involves the issuance…

Aptos Climbs 75% – What Keeps APT In The Green In Last 7 Days

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Aptos has been driven upwards by internal developments in the ecosystem. According to CoinGecko, APT is up 75% in the bi-weekly timeframe, notching its biggest gains this January. The Aptos ecosystem mainnet was only released on October 12, 2022, which makes it one of the youngest blockchains in the market. But this hasn’t hindered Aptos as it quickly gained popularity, having over 70 projects being built or are under development on-chain.  With recent developments piling on, the APT token is expected to register higher highs this year.  Positive Developments For…

Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

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Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts. Credit rating firm Moody’s released a note on Coinbase on Jan. 19 discussing its downgrade of Coinbase’s senior debt and corporate family rating (CFR) — a rating assigned to reflect the opinion of a company’s ability to honor its financial obligations. Coinbase’s CFR and senior debt were re-graded to B2 and B1 from Ba3 and Ba2 respectively, indicating…

Fetch.ai (FET), Snowfall Protocol (SNW), and Solana (SOL) Are Three Leading Cryptos To Pay Attention To Before The Next Bull Run Starts!

As innovation continues, we will look to Fetch.ai (FET), Snowfall Protocol (SNW), and Solana (SOL) as three leading cryptos to pay attention to. In this article, we’ll learn more about each of these tokens and how they may be able to benefit from the next bull run. To save time, you can learn about the best pick out of the three here. Crypto #1 – Fetch.ai (FET) Fetch.ai (FET) is a project dedicated to the Internet of Things (IoT), artificial intelligence, and machine learning. Autonomous Agent technology is the perfect…

Dogecoin Price Technicals Suggest DOGE Must Clear $0.920 For Another Rally

Dogecoin is gaining pace above the $0.085 resistance against the US Dollar. DOGE could rise further if there is a close above the $0.092 resistance. DOGE gained pace and traded above the $0.085 resistance against the US dollar. The price is trading above the $0.0850 zone and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0830 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear close above the…

Breakthrough or bull trap? Pundits weigh in

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While Bitcoin (BTC) has experienced a price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in the short to mid-term.  The impressive price surge — which saw BTC experience 14 days of consecutive price increases earlier this month — has called on many to consider whether the surge marks a significant “breakthrough” or is indicative of a “bull trap.” Speaking to Cointelegraph on Jan. 23, James Edwards, a cryptocurrency analyst at Australian-based fintech firm Finder…

Snowfall Protocol (SNW) Is Bringing True Utility Throughout The Blockchain Ecosystem While Dogecoin (DOGE) and Shiba Inu (SHIB) Continues To Be A Joke!

Place/Date: – January 23rd, 2023 at 5:18 am UTC · 2 min read Source: Snowfall Protocol Snowfall Protocol (SNW) is a revolutionary piece of technology that is enabling real utility throughout the blockchain ecosystem. SNW is a cross-chain transfer system that allows for the seamless and secure exchange of fungible and non-fungible tokens (NFTs). This platform makes it easier than ever to move assets between different blockchains, allowing users to make transactions with transaction fees that are much lower than traditional exchange networks. Learn More – 1000x Gains To Come ✅💸🚀…