The Algorand (ALGO) blockchain has added over 6 million new accounts to its network since the beginning of 2022. According to AlgoExplorer data, the total number of accounts on Algorand at the turn of the year was 17,373,299, while at press time (by March 10, 2022), this number was 23,548,065. This represents a 35% gain […]
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Yoon Suk-Yeol, a conservative presidential contender, has officially been elected as the new president of South Korea. According to news reports, Yoon of the People Power Party defeated his politically progressive opponent, Lee Jae-Myung, by less than 1%. In South Korea, cryptocurrency dominated the election discourse, with both candidates launching NFTs connected to their campaigns. […]
Even in times of war, the intrigue and enigma that have always surrounded Bitcoin – the world’s most sought-after digital asset – still hog the headlines. In cases like these, Russia’s protracted invasion of Ukraine has put the entire cryptocurrency market to the test multiple times over. Despite a decline in the price of Bitcoin […]
The gaming industry showed great resilience during the 2020-21 pandemic period, adding more than 300 million new users and $180 billion in revenue. Gaming is considered the hottest sector globally, and it is expected to reach a valuation of $320 billion by 2026-27. Thanks to the digitization of communities and the increase in mobile penetration […]
The native token of Verasity, $VRA, was listed on Crypto.com today March 9, 2022. This marks the token’s availability on five of the top ten cryptocurrency exchanges that have a combined daily trading volume of over $13 billion. It includes Crypto.com, Huobi, KuCoin, Gate.io, and Bithumb. The $VRA token is available for trading against all […]
QMALL keeps going strong and surprises its customers with a rather pleasant announcement as it’ll be soon receiving a license in Europe. The exchange created by Mykola Udianskyi and Bohdan Prylepa in 2021 has already proven itself as a top exchange worldwide with over 100k users already partaking in it. On top of its already […]
Ethereum failed to surpass $2,780 and corrected lower against the US Dollar. ETH price must stay above $2,570 to start a fresh increase in the near term. Ethereum struggled to clear the $2,780 zone and corrected gains. The price is now trading below $2,650 and the 100 hourly simple moving average. There was a break […]
The investment mogul will serve as a top advisor for the rapidly expanding protocol. New Addition The advisory board of the Alfprotocol has been reinforced with the presence of Indian billionaire Evan Luthra. Luthra invests in fast-growing technologies through his funding venture Startup Studio Online. Over the past five years, Luthra has built and invested […]
On Wednesday, the price of Ethereum extended its previous session gains. ETH is still trading below the psychological $2,880 level. Still, once a decisive close above the bearish sloping line stretching from the highs of $4,759 is achieved, Ethereum’s price has room to rise. Over the last four months, the king alt has been on […]
A study from Chainalysis shows crypto adoption has risen by 880% in 2021, and it is only set to grow further. The mass adoption of crypto has become a matter of “when” and not “if”. Just as with the early days of the internet, or computers, businesses are a particularly important constituent in the adoption […]
Bitcoin rallied above the $42,000 resistance zone against the US Dollar. BTC is correcting gains, but it might find support near the $40,000 zone. Bitcoin extended rally and even traded above the $42,000 resistance zone. The price is trading above $40,000 and the 100 hourly simple moving average. There is a key bullish trend line […]
Are hedge funds ready to go all-in on cryptocurrencies? Probably not, but some of them are definitely dipping their toes in. The thing is, those toes are enormous. In the article “Mainstream Hedge Funds Pour Billions of Dollars Into Crypto,” the Wall Street Journal does a deep dive into the phenomenon. And we get a […]
The crypto market overall noted gains in the last 24 hours reversing certain effects of the recent bloodbath. Dogecoin on the other hand particularly saw some extreme choppiness over the past week or so. It is however too soon to say if the market is on its way to a solid recovery. Bitcoin was priced […]
Welcome back to The Nightly Mint. While NFT volumes and general sentiment has been running low on steam thus far in March, the numbers are still comparable to Q4 2021 – which blew last year’s numbers out of the water. So while critics claim that NFTs are on their downfall, if we look at the […]
Since reaching an all-time high of $259.90 on November 6, Solana has been declining. It has been following a declining resistance line throughout the decline, which was most recently validated on March 2. Solana Bulls May Push Price Above $100 So far, the price has dropped to $75.35 on February 2. The subsequent bounce confirmed […]
The crypto market is currently rallying after news that President Biden signed an executive order, the first step towards regulating cryptocurrency. It comes out of concerns for Russia’s potential use of digitally mined coins to bypass economic sanctions during times. One of Singapore’s most prominent bank executives has compared crypto to gold, noting that he […]
In the first few months of 2022 macro uncertainty has been felt in the crypto and traditional markets as economic, regulatory, and political scenarios unfold. Historically, investors see gold as a reliable safe-haven asset they can run to when stocks and bonds decline. It is not surprising for gold prices to have seen a 19-month […]
Bitcoin mining is an important part of the bitcoin ecosystem. Miners who participate in mempools help to confirm transactions for which they receive a reward once a transaction is cleared. Usually, the mempool is ‘free’ and transactions go through easily with low fees but there are times when the mempool fills up causing transactions fees […]
Up almost 30% during today’s trading session, decentralized cross-chain exchange THORChain (RUNE) trades north of $5.28. One of the top gainers in the current relief rally across the market, the network has activated synthetic assets, a new feature that could attract use cases and users to the platform. Related Reading | Monero And Zcash Take […]
Data shows the Bitcoin trading volume now seems to be stabilizing at higher values than 2022’s average, but given the trend in the metric this year so far, it may not last too long. 7-Day Average Bitcoin Trading Volume Has Remained Fixed Around $5 Billion Recently According to the latest weekly report from Arcane Research, […]