Category: Altcoin

Cardano’s ‘Hydra’ Upgrade Aims To Supercharge Blockchain Scalability, Powering Enterprise Use Cases and DeFi

Input Output Hong Kong (IOHK) says it’s developing a layer-2 upgrade for Cardano’s blockchain after the crypto’s mainnet was updated last week. Cardano founder Charles Hoskinson tells his 690,000 followers that a new venture called “Hydra” is in development on the new Alonzo hard fork to improve aspects of scalability and storage.   David Orr

Polkadot, Avalanche, and Two Additional Altcoins Are the Top Crypto Assets To Watch, Says Trader Jason Pizzino

Crypto strategist and trader Jason Pizzino says he’s keeping a close watch on Polkadot (DOT), Avalanche (AVAX) and two more crypto assets as the altcoin markets continue to flash signs of strength. In a new strategy session, Pizzino tells his 210,000 YouTube subscribers that he expects interoperable blockchain Polkadot to continue surging to around $50

Bitcoin is great, but real crypto innovation has moved elsewhere

Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest, it’s all starting to feel a bit boomerish. Bitcoin’s long-awaited “moon” depended on institutional investor buy-in,

American CryptoFed DAO seeks US SEC consent for stable utility tokens

American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the in-house CryptoFed blockchain. However,

BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA

Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels.  By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines. On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike

Cardano Announces Launch of Custom DeFi Platform After Rolling Out Smart Contracts

Blockchain network Cardano (ADA) says it’s preparing to launch its own decentralized finance (DeFi) platform after completing a crucial mainnet upgrade last week. The recent rollout of ADA’s Alonzo hard fork brought smart contract functionality to the blockchain, giving Cardano developers their first crack at launching DeFi platforms, decentralized applications (DApps), and non-fungible tokens (NFTs)