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Search Results for: cardano

Review of Cryptocurrency Energy Consumption on Earth Day

On this Earth Day, let’s look at some of the green cryptocurrencies in the market. The general accusation made against cryptocurrency and its backend technology is high energy consumption. Reports in the past few years have stated that US mining firms consume more electricity than any third-world country. Proof-of-Work (PoW)

April 22, 2023 1 min read

Is Altcoin Season the New Indicator of the Bull Run 2023?

Bitcoin (BTC) and Ether (ETH) crossing their crucial resistances — $30K and $2.1K respectively — escalates the likelihood of the next bull run. Parallel to them, other altcoins project their upside potential and bolster the crypto market’s recovery since the onset of this year.  The collective price action of altcoins,

April 17, 2023 2 mins read

Smart Contracts 101: How Do They Work With Layer 0 Blockchains?

Over the last decade, the cryptocurrency ecosystem has experienced rapid growth, with numerous innovative projects offering new ways to exchange digital assets and more. The constant development of blockchain infrastructure to support secure, scalable, and decentralized apps has driven this unrelenting innovation of crypto-based products. The most notable example is

April 15, 2023 14 mins read

Crypto Green Season Initiates: Altcoins Into the Play

After the Q1 of the year 2023, it is subjected to be the alt season as majorly altcoins are rising peaks recently in this Q2. However, as most of the coins excite investors, there exists an overwhelming state to select and invest among enthusiasts and investors.  Is Altcoin Performing Better

April 14, 2023 2 mins read

Whales Acquire 560 Million ADA Worth Approx $218M Over 2 Weeks

The cryptocurrency market is surging, climbing back up from its 2022 lows. Improving sentiment for crypto assets has fueled the rebound surge, and crypto Whales have taken advantage of the recent “buy the dip” chance to boost their holdings. On-chain data shows that Cardano whales have been on an acquisition

April 10, 2023 1 min read

Can ChatGPT Change the Future of Medical Technology?

The founder of Cardano (ADA), Charles Honkison, has recently drawn the crypto community’s attention. This is because Vinay Prasad, a medical doctor, discussed how ChatGPT has the potential to revolutionize the field of medicine in a YouTube video that was shared by the CEO of the decentralized platform. Here's a

April 10, 2023 2 mins read

Elon Musk Twitter Doge Set Dogecoin Only to a Brief Bullish Rally?

The impact of Doge replacing Twitter’s blue bird sparked greater upswings in Dogecoin. Remarkably, in that specific 24h window, this largest memecoin’s price shot up 33% to attain its 3-month-high of $0.102. Investors and crypto enthusiasts turned themselves into keen observers of Dogecoin’s hype-driven rally.  Price momentum was not only

April 6, 2023 2 mins read

How Far XRP’s Surge Will Be Retained?

Ripple (XRP), a prominent altcoin with the 6th position in the global crypto ranking, gained its price back in the month of March. But April’s movement seems to not follow that path. The hope of reaching the $1 mark came crumbling down as the month started. A few extractions made

April 4, 2023 2 mins read

Dogecoin Soars by 9%: Is this the Start of a New Altcoin Season?

In the cryptocurrency world, Dogecoin (DOGE) has been making headlines once again as its value has begun to soar. With its recent price surge of 9%, many investors are optimistic that this could be the start of a new altcoin season. Currently, the DOGE price is exchanging hands at $0.08264

April 2, 2023 2 mins read

Top Crypto Predictions for April 2023

Due to this year’s strong performance of the Bitcoin price, the total cryptocurrency market cap, excluding BTC, has underperformed. The technical indicators for the total crypto market cap are encouraging. TheNewsCrypto looks into some of the most important cryptocurrency predictions for April. Further, altcoins finally catch up to Bitcoin’s pace.

April 1, 2023 5 mins read