Archives par catégorie: Business

Cardano Slides Below $0.50 Alarming A Danger Ahead

Cardano Slides Below $0.50 Alarming A Danger Ahead

Cardano is among the cryptocurrencies with higher impacts due to significant price slides. Price volatility remains one of the substantial discouragement and threat of virtual currency. Their swing in price could go beyond ten times in a single minute. A positive price move is always a favorable trend for a token and its investors. However, […]

Cardano TVL Sheds $205 Million Since Hitting All-Time High

Cardano TVL Sheds $205 Million Since Hitting All-Time High

Cardano TVL has spiraled downward the past few days mainly because of the intensified crypto market correction and decline in investor interest. To date, the crypto has plunged to $120.86 million. With the rate it’s going, Cardano has chucked over $205 million in TVL since its all-time high of $326 million on March 24, 2022. […]

Bearish Indicator: Is Bitcoin Headed For Its Ninth Red Weekly Close?

Bearish Indicator: Is Bitcoin Headed For Its Ninth Red Weekly Close?

This week, Bitcoin had made history when it recorded its eighth consecutive red weekly close. This first-of-its-kind streak had cemented the digital asset on one of the worst bearish trends that have ever been recorded. Now, even as the week runs towards another close, the cryptocurrency has not been able to make any considerable recovery, […]

Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000

Ethereum Profitability Dumps To 2-Year Low As Price Corrects Below $2,000

Ethereum has been on a downtrend along with the rest of the crypto market. This has seen the value of the cryptocurrency plunged below $2,000 and efforts to recover above this major resistance level have been futile. Naturally, the decline in the value of the digital asset has affected its profitability. What has resulted from […]

How to Buy ApeCoin [The Ultimate Guide 2022]

How to Buy ApeCoin [The Ultimate Guide 2022]

The world has been undergoing a revolution, and the advent of blockchain technology and cryptocurrencies have been its harbingers. When Satoshi Nakamoto came up with the idea of Bitcoin in 2009, no one imagined the economic, societal, and cultural shift it would bring in a short period. While only the « geeks » and « nerds » were initially […]

FACT0RN Blockchain: Integer Factorization as Proof-of-Work (PoW)

FACT0RN Blockchain: Integer Factorization as Proof-of-Work (PoW)

Tl;dr: This report updates on what FACT0RN Blockchain, a Coinbase Crypto Community Fund grant recipient, has been working on to replace PoW hashing by work that is of interest to the private sector as well as to the academic community. Code for the FACT0RN Blockchain, which launched April 20, 2022, can be found here and […]

Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline

Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline

The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52% decrease for its Q1 of “OAM and other” investments was because of the decrease in CMP sales. Nvidia stated this, as explained in a filing on Wednesday. In […]

Blue Chip NFTs 101 – What’s The Secret Behind CloneX? Built For The Metaverse

Blue Chip NFTs 101 – What’s The Secret Behind CloneX? Built For The Metaverse

The secret behind CloneX is Takashi Murakami and the RTFKT team, that’s the short answer. The NFT collection is the result of the once-secret collaboration between the legendary Japanese artist and the experts in creating virtual sneakers. Steven Vasilev, Chris Le, and Benoit Pagotto founded RTFKT, which reads “Artifact,” in 2020. The CloneX public sale […]

KuCoin Exchange Report Shows Growing Crypto Adoption In The US

KuCoin Exchange Report Shows Growing Crypto Adoption In The US

The Into The Cryptoverse US Report by KuCoin — a global cryptocurrency exchange — revealed striking statistics regarding the positive dynamics of blockchain and digital currency adoption in the United States. Findings show that adults and younger generation users are leading the integration of cryptocurrencies into daily financial operations, the report indicates. The survey provides […]

TA: Bitcoin Price Resumes Decline, Why BTC Remains At Risk

TA: Bitcoin Price Resumes Decline, Why BTC Remains At Risk

Bitcoin spiked below the key $28,500 support zone against the US Dollar. BTC is declining and might continue to move down towards the $27,500 support. Bitcoin is moving lower and facing a major resistance near the $29,600 zone. The price is now trading below the $29,000 level and the 100 hourly simple moving average. There […]

Bitcoin Bearish Signal: Whale Ratio Continues To Stay At High Value

Bitcoin Bearish Signal: Whale Ratio Continues To Stay At High Value

On-chain data shows the Bitcoin exchange whale ratio has remained at a high value recently, a sign that could be bearish for the crypto’s price. Bitcoin Exchange Whale Ratio On Verge Of Entering “Very High Risk” Zone As explained by an analyst in a CryptoQuant post, the 72-hour MA whale ratio is near 0.90, the […]

Six Years of Relentless Efforts: ViaBTC is Always on the Way

Six Years of Relentless Efforts: ViaBTC is Always on the Way

BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely difficult. Meanwhile, hashrates are centralized by big mining farms and large institutions, and retail miners now struggle […]