Avalanche continues to build strong momentum in the world of decentralized finance. Its overall Total Value Locked has risen sharply, making it the fourth-most valuable chain in DeFi. Moreover, the launch of the USDC stablecoin on this network will further enhance Avalanche’s appeal in this space. The Growth of Avalanche
Cloud mining uses a distant data center with pooled computing capacity to mine cryptocurrency. Investors do not need to operate the hardware while opting for cloud mining. The mining rigs are housed at a mining company facility. The user needs to register and buy mining contracts to start cloud mining.
Ethereum’s consolidation may last until mid-2022. Cowen says that Ethereum has been consolidating since early 2021. Ethereum (ETH) has gained 3% in the last 24 hours to recapture the $4,000 threshold as the market goes green. Ethereum is trading around $4,033. Bitcoin (BTC) is up 3.64 percent, recovering $48,000, while
Avalanche has been up 11.38% in the last 24 hours. AVAX has already recouped all of its losses from this month’s price declines. With Avalanche being one of the largest DeFi blockchains globally, it has attracted a large number of investors in recent months. Having over a hundred protocols, it
NFT.NYC co-founder Cameron Bale terms NFTs have surged drastically last year. He boasts that NFTs are starting to have real uses and applications. Bale has an eye for the upcoming metaverses. Being the co-founder of the world’s largest yearly NFT event, the NFT.NYC, Cameron Bale stays extremely positive on Non-Fungible
The advent of cryptocurrencies is inevitable. The existing financial system is fraught with inflation and declining fiat currency values. Growing confidence in cryptocurrencies and related blockchain technology is one of the critical factors for increased crypto popularity. There are now hundreds of cryptocurrencies, many of which have a bright future
The HBAR currency lost 55 percent of its value in November. The price of LUNA went up by 10 percent to a new all-time high of $81. Ethereum launched a solid recovery surge above $3,750 and $3,800. Even the 100-hour SMA was breached. However, the price could not overcome resistance
The phase of a market correction is the critical state for the traders and investors to cross until its recovery. Most leading altcoins will play along with the trap of crackdown in the crypto market but also will generate huge gains in the recovery phase. Thus the top altcoins which
Central banks should not reverse government asset purchases. The crypto market has been in red this December. The US inflation rate just hit 6.8%, the highest in over 40 years, placing pressure on the country’s central banks. Everyone wants to know whether this inflation is transitory or permanent. Persistent problems
Stream Coin (STRM) is the native BEP20 token of StreamLive. It is the official digital asset in the platform for rewards and trading. Influencers, viewers, and sponsors utilize STRM in each transaction Based on blockchain technology the company’s management deems their project to be a revolutionary innovation, “I would say
