Category: Ethereum

Macro Guru Raoul Pal Says Crypto Going Through Massive Stress Test, Warns of More Downside Risk for Bitcoin (BTC)

Macro guru Raoul Pal says that the crypto asset space is currently experiencing a massive stress test typical of new and emerging markets. The former Goldman Sachs executive tells his 876,000 Twitter followers that while the crypto markets currently look rough, the architecture of the underlying technology that drives cryptocurrencies is running smoothly despite the

Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior. BTC/USD 1-minute candle chart (Binance). Source: TradingView “Rangeplay” for BTC after CME gap fill Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday. That level

Most Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) Holders Now Underwater Amid Deep Pullback: IntotheBlock

New data shows that the majority of Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) holders are now nursing losses as the crypto markets continue to sell-off.  Crypto insights firm IntoTheBlock looks at wallets with a Cardano balance, identifies the average purchase amount of the coins and compares the figure to the current price of

When and why did the word ‘altcoin’ lose its relevance?

All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point,

How to pick or analyze altcoins?

What are altcoins? The word “altcoin” is derived from “alternative” and “coin.” Altcoins refer to all alternatives to Bitcoin. Altcoins are cryptocurrencies that share characteristics with Bitcoin (BTC). For example, Bitcoin and altcoins have a similar basic framework. Altcoins also function like peer-to-peer (P2P) systems and share code, much like Bitcoin. Of course, there are

3 possible reasons why Polkadot is playing second fiddle in the L1 race

2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos

Crypto Venture Capitalist Says He’s Bullish on Several Ethereum Rivals Amid Shift in Crypto Market Dynamics: Report

A crypto investor from Crypto Valley Venture Capital is reportedly keeping a close watch on a number of Ethereum (ETH) rivals showing potential for growth. In a new Business Insider report, Olaf Hannemann, the founder and chief information officer of the blockchain-focused venture capital firm, says that beyond Bitcoin (BTC), there are a number of interesting

NFTs and DeFi overturn a banker’s generational curse of poverty in 2 years

Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting chance to overcome the generational curse of poverty.  Gentry, a.k.a. MsCryptoMom, left her decade-long job as a banker to pursue a full-time crypto career as her initial investments from early 2020 confirmed the “unprecedented opportunities offered by crypto.”

Blockchain and the evolution of business models in the game industry

The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon, games began to compete for users’ time against traditional forms of entertainment, such