Despite receiving a lot of backlash and criticism from governments, institutions, and individuals, the cryptocurrency industry has managed to thrive over the years. This success has not been a linear one. There have been several major and minor market fluctuations, but people have made or lost a fortune from investing in cryptocurrency regardless of the … Continued
The cryptocurrency industry is currently in terrible shape. The value of cryptocurrencies is cascading, and there are no indications of a bullish reversal soon. Bitcoin’s price currently sits at $19,011.05, an over 71% drop from its all-time high of $67,566.83, according to CoinMarketCap. Historically, a slight change in Bitcoin’s price has always caused a significant … Continued
The 15th of September, 2022, wasn’t just another day at the office for engineers and developers of the Ethereum blockchain. The Merge, a much-anticipated innovation, was successfully finalized, evidencing a swap from Ethereum’s pioneer consensus mechanism proof-of-work to an energy-efficient model proof-of-stake. Although the process appeared to be seamless, it was not an easy feat … Continued
Cardano, a peer-reviewed proof-of-stake blockchain with its token known as ADA, had undergone phases of bug fixing and controversy around its proposed update. Being the 8th in the cryptocurrency market capitalization, these flaws have inhibited transaction processes and the realization of a new fork. However, the parent company of ADA, Input Output Hong Kong (IOG), … Continued
Social media buzzes with the coming of the new Ethereum merge, also known as ‘The Merge.’ Users, especially crypto miners, have been faced with mixed reactions, and the ETH coin itself has responded to a new trust, hitting over $2,000 since its last record in May. Headlines have also been indicative: Ethereum 2.0 will be … Continued
Right now, the market is going through very volatile times, and we are seeing a lot of coins falling in price. But if you look at the market as a whole, there’s still a lot of growth happening. Many investors believe some undervalued crypto projects will reach unprecedented heights, but which among them? Cryptocurrency investments … Continued
Tesla announced its Q2 2022 earnings on Wednesday, but we learned more than just the company’s financials. The electric carmaker revealed some information about its crypto holdings, including a startling revelation: Tesla had sold off most of its Bitcoin holdings in Q2. In Tesla’s latest earnings report, the company sold 75% of its Bitcoin holdings. … Continued
On Friday, July 1, 2022, Meta, Mark Zuckerberg’s social metaverse company, announced that it would shut down Novi, its last crypto project. Come September 1, and eleven months after its launch, the project will offer its last prayers. This announcement on Novi’s website douses Mark’s crypto ambitions incorporated in the Diem project. The Diem project, … Continued
There is no question about it: the last couple of weeks have been rough for crypto investors. The leading coin, which is Bitcoin, struggles with $20,000. Ethereum, which follows up, battles $1000. The cryptocurrency market itself has dropped by 65% since Autumn. A steep sell-off in the cryptocurrency market caused a low not seen since … Continued
