The cryptocurrency market continues to fall, with nearly all currencies in the red. CoinMarketCap values the global crypto market at $2.04 trillion, down almost 2% from yesterday. BTC/USD The crypto collapse has retracted Bitcoin. Bitcoin has just risen over $45,000 USD. On Saturday, the price of Bitcoin (BTC) stabilized around
Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) offer smart contract capabilities, allowing new sectors like decentralized finance (DeFi) and non-fungible tokens (NFT) to emerge. Avalanche is a layer 0 blockchain, unlike Cardano. Cardano only supports smart contracts, not blockchains. Avalanche supports an unlimited number of blockchains, each capable
The cryptocurrency market is trending positively. New coins, introduced to the crypto market every day. Therefore, we are thus here to discuss and offer a brief look at five cryptocurrencies newly introduced. Bake Coin (BAKECOIN) Smart Chain Built and deployed on Binance blockchain. Furthermore, the Bankcoin protocol, a DeFi-experiment and
Polkadot and Avalanche rallied amid reduced global trade volumes. Polkadot and Avalanche have risen from the restricted crypto industry to become market leaders. Ava Labs’ Avalanche, released a year ago, was hailed as a relatively inexpensive platform. Like Ethereum, Avalanche is a smart contract platform, allowing developers to create decentralized
A major upgrade over the weekend gave the Cardano network the ability to execute smart contracts, giving it a boost over competitors like ethereum. The hard fork update done yesterday allows smart contracts to be authored in Plutus scripts, which have been under development since May 2021. Pooltool, a Cardano
NFTs have been around since 2014 and are currently gaining prominence in the digital art trade. Since November 2017, NFTs have been valued at $174 million. NFTs are also usually one-of-a-kind, limited run, and feature unique identification codes. With the Alonzo update, Cardano (ADA) will be able to use blockchain
Shiba Inu, a cryptocurrency launched last year, is based on famous memes, like Dogecoin. Despite the similarities, SHIB calls itself the “Dogecoin killer” in the crypto market. It has managed to steal some of Dogecoin’s thunder, but not enough to make a difference. It is significantly behind Dogecoin. SHIB has
Elrond Network, the development creators of the eponymous blockchain internet-scale protocol. Stated that the technology it produces had been incorporated into the Elrond blockchain digital asset infrastructure and business solutions provider Copper.co. Thus providing custody services for EGLD digital currency. EGLD is the Elrond Network’s native, capped supply and settlement
The crypto market has once again perplexed investors with its downtrend for the past few days. As we all know trading cryptocurrencies is not the same every day, each of them differs everyday with its price chart. Some crypto-assets may rise one day and might fall the other day and
The crypto market is currently sloping down and results in depression for investors displaying bearish patterns. The mainstream cryptocurrencies have also sloped down in price value where Bitcoin is 9.33% down, Ethereum is 12.58% down, and Cardano is 9.71% down in the past week. On the other hand, among the
