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The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR.  Following January’s market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum. Price performance of L1 tokens

What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to develop applications and transfer value. The Algorand protocol is powered by a novel consensus algorithm that

A popular crypto analyst is eyeing breakouts for altcoins that compete with leading smart contract platform Ethereum (ETH). The pseudonymous trader known as Altcoin Sherpa tells his 169,500 Twitter followers that he expects big things from Cosmos (ATOM), an ecosystem of blockchains designed for both scalability and interoperability. The trader says he’s impressed by the

The king of all Ethereum (ETH) whale wallets just added another big stack to its expanding trove of crypto holdings. Whale-tracking bot WhaleStats reports that Light, the biggest Ethereum wallet on record, scooped up 500,000 tokens of ETH layer-2 scaling solution OMG Network (OMG) for a whopping $2.06 million. The latest buy puts Light’s OMG

Decentralized finance projects like Ren pumped in 2021, only to finish the year right back where they started as high fees on Ethereum (ETH) led to decreased activity for many protocols and DeFi took a backseat to more popular sectors like nonfungible tokens (NFTs).  Now, it appears as though that downtrend is in the process

Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming.  Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a new class of DeFi protocols

Bloomberg Intelligence says that Russia’s invasion of Ukraine could aid in driving up the prices of Bitcoin (BTC) and Ethereum (ETH). In the March edition of Crypto Outlook, the research arm of media giant Bloomberg says that the energy price hikes caused by the current geopolitical crisis in Eastern Europe could help Bitcoin evolve as

A new survey commissioned by digital asset platform Bakkt shows that the most popular digital assets among US-based crypto holders are Bitcoin (BTC) and Ethereum (ETH). The 504 cryptocurrency owners who participated in the “Women & Crypto” study reported that their top investments are the crypto stalwarts Bitcoin and Ethereum, followed by the meme coin

A low-cap altcoin built on the Ethereum (ETH) blockchain is in the middle of a parabolic rally even as Bitcoin (BTC), ETH, and most other major crypto assets go through corrections. Universal Market Access (UMA), founded by ex-Goldman Sachs traders, is an Ethereum-based protocol that lets users create their own collateral-backed tokens that represent and