Lyn Alden proves WEF’s 2017 depiction to be wrong. BTC power consumption is actually getting greener. A BTC transfer costs approximately $176. As everyone knows, and this being one of the major reasons why environmentalists are against cryptocurrency, is its power consumption. Ture to the fact, the worst of all
Exorbitant costs are preventing a major segment of the DeFi community. Ethereum’s share of the decentralized financial sector has decreased. The JPMorgan Chase analyst Nikolaos Panigirtzoglou predicts that Ethereum’s supremacy in the decentralized financial industry would continue to erode. The network will be partitioned into several shards in order to
Tronix (TRX) ranks first in highest number of active accounts. Surpasses that of BTC, ETH, DOGE, ADA,XRP, BNB and much more. TRX ought to spike up in a few days along with BTC. The Tron platform is one of the most versatile decentralized blockchain platforms available in the market. Besides,
Meme-currencies are being accepted as payments by major entities. Despite high fees from Ethereum, it accounts for 13% of all BitPay transactions in 2021. According to BitPay, altcoins adoption is surging more than Bitcoin. As per the recent hike of cryptocurrencies around the world, their adoption among people has seen
USDC stablecoin surpasses rival Tether (USDT) for the first time. The entire supply of USDC on Ethereum is now 39.92 billion. Because of the continually high transaction fees caused by soaring markets, the Ethereum network has suffered consecutive weeks of negative supply issuance. A tiny amount of Ether (ETH) has
Bankless puts out a report on ETH surges from Q4 2020 to Q4 2021. ETH has shot up 1777% from Q4 2020 to Q4 2021. DeFi has exploded to about 770% up from Q4 2020 to Q4 2021. The second largest crypto in the world, in terms of market cap,
Most of last year’s crimes were committed by the Lazarus Group. The United States has imposed sanctions on the organization. According to a new analysis, one of the most profitable years in the history of North Korean cybercrime was 2021, with about $400 million worth of cryptocurrencies stolen. There were
In the midst of the crypto market crash, several altcoins presented a bullish run. NEAR is one of the bullish tokens since the start of the year which performed well. The Near foundation gave an announcement that the platform has closed the $150 million fund on Thursday. Consequently, the fundraising
Since December 4, the rise has seemed like a five-wave upward movement. A bearish pattern has formed post the tweet: YFI has completed a double top. January 3 saw the price of Yearn.finance (YFI) rise for the last five consecutive days, reaching $42,000. Specifically, the negative prognosis is based on
As every crypto user knows the current state of the crypto industry, there isn’t a need for an explanation regarding the bearish run. Since the start of the new year, the market has crashed and led to a depressed state for traders and investors. As the Federal Reserve tightened the
