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Search Results for: inflation

JP Morgan Comments on Bitcoin (BTC) Above $55K

JP Morgan points out the behind the scenes of BTC’s recent surges . Liquidations upon BTC have increased over the past few weeks. BTC legal tender adoption by El Salvador owes to be one major reason. The Bitcoin (BTC) shook the whole crypto industry on October 6, after peeking its

October 8, 2021 2 mins read

Understanding The Mainnet And Testnet Releases In Blockchain Technology

If you have been in the cryptocurrency arena for some time, you’ve probably heard the terms “mainnet”, “testnet”, and “devnet” thrown around on every project. Simply put, these are the technical terms used in crypto to denote the major development stages of any blockchain product. Each stage offers vital upgrades

October 7, 2021 6 mins read

BitOasis Fundraising Season Secured $30 Million

Crypto exchanges are expanding their presence in the market as the trading platforms are in huge demand due to the rise in more crypto adoption. Crypto users are connecting through these platforms to trade their assets. Thus, BitOasis, one of the largest and most secure crypto exchanges in UAE is

October 7, 2021 2 mins read

Has Bitcoin Catched The Upward Track Crossing $50K Again ?

Bitcoin was struggling to crack the heavy resistance level at $48k for the past month. Now, BTC is back on track in high-speed moving towards $55k while crossing the $52k level already. This seems to be the sweet spot for the BTC users, where $55k is not too far for

October 7, 2021 2 mins read

Dogecoin (DOGE) on a Slow-Growth as Rival Shiba Inu (SHIB) Dominates

The price of Dogecoin has risen by approximately 40% in the last week. Investors should be wary of an approaching correction. Funding from Shiba Inu is needed to feed Dogecoin, says billionaire Glauber Contessoto. The Dogecoin-Ethereum Bridge is in the works, according to co-founder Billy Markus. Shiba Inu’s advancements in

October 7, 2021 2 mins read

Nimbus and Nethermind Run Merge Event To Prepare for PoS Transition

The Beacon chain and the mainnet are distinct. The Beacon Chain will bring proof-of-stake to Ethereum. A recent picture of a Twitter user’s computer screen during a complex procedure sparked both delight and bewilderment. Jacek Sieka then stated that Ethereum clients Nimbus and Nethermind were “merging.” A proof-of-stake consensus method

October 7, 2021 2 mins read

Altcoin the New Favorite Over Bitcoin? Find Out!

Despite the odds, the Altcoin space has done well. Bitcoin has recently gained widespread recognition and popular usage. This year, the crypto market had a wild ride from the Bull Run to the Evergrande disaster and FUD. The charts have swung. Professional traders, however, are experts. And await the fourth-quarter

September 27, 2021 2 mins read

Over 10 New Crypto Coins Launched Daily, CoinMarketCap Data Reveals

The total number of cryptocurrencies has exceeded 12,000. The coronavirus epidemic has also heightened interest in digital assets. According to new statistics, over 5,000 additional tokens were created in the past 12 months, averaging over ten each day. In recent weeks, the total number of cryptocurrencies has exceeded 12,000, according

September 26, 2021 2 mins read

Study Reveals Even By 2030, C02 Footprint From Bitcoin Mining Not a Concern

BTC Mining now consumes 101 TWh or 0.45% of world power.  Bitcoin mining, projected to need more energy over the next decade. The enormous energy required for crypto mining has made Bitcoin’s carbon impact a major industry concern. It takes sophisticated gear and a lot of energy to participate in

September 23, 2021 2 mins read

Enzyme (MLN) Price Upsurges 60 Percent in a Day

The MLN token powers Enzmye. Investors may be attempting to cash in on Enzyme’s recent gains. Undoubtedly, decentralized finance (DeFi) is one of the most potential real-world blockchain applications, capable of altering global financial markets and revolutionizing everyday financial management. Enzyme (MLN), a protocol focused on on-chain asset management, has

September 23, 2021 2 mins read