Cryptocurrency

Cardano has rewarded its investors with significant gains this year, with a growing number of holders joining the coveted millionaires’ club following the latest ADA price surge. Since the start of the year, the number of millionaire investors in ADA has increased more than 13-fold to 6,710 as of May 17, according to United Kingdom-based

Ethereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin clone, Shiba Inu (SHIB). In a statement embedded into the transaction on May 16, Vitalik Buterin explained why he decided to burn $6.7 billion worth of SHIB tokens, emphasizing the “generosity” of the “dog token communities.” “I’ve actually been impressed

The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter. This condition creates a FOMO-like situation where everyone gets greedy. The temptation to boost potential earnings by twenty times or more is often irresistible for most

Cardano’s ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak Bitcoin (BTC). ADA in price discovery as $2.50 nears Data from Cointelegraph Markets Pro and TradingView showed ADA/USD climbing through the weekend to hit a record $2.38. Traders had suspected that the

When Elon Musk’s ‘Bitcoin is bad for the environment’ tweet caused a flash crash of BTC and the majority of altcoins’ prices earlier this week, a handful of digital assets headed in the opposite direction, making huge gains amid the sea of red.  Those were the tokens that market themselves as environmentally friendly capitalizing on

Even though the ongoing coronavirus pandemic has yet to fully recede, an increasing number of countries are beginning to open up their borders to tourists once again. Furthermore, with large-scale vaccination drives taking place all over the world, it appears as though by the time summer rolls around again, it will become possible for many

Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news”.  One protocol that has seen its price rise to new rights this week despite the overall bearish

Bitcoin (BTC) and altcoins’ markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk. The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He cited environmental concerns, noting that Bitcoin mining requires many fossil

Bitcoin (BTC) and other cryptocurrencies have opened the doors to a whole new world of finance. In their most basic form, cryptocurrencies allow people to transact in a fully trustless, transparent and efficient manner, cutting out the centralized intermediaries and counterparty risk previously associated with digital money transfers.  Thanks to blockchain technology, value can now

After a recent slump across cryptocurrency markets, Ether has surged to new all-time highs off the back of a number of important events and metrics. Overall, 2021 promises to be a crucial year for the Ethereum blockchain as developers continue to work toward the network’s integration with Eth2, which will see the blockchain part ways

Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy.  Data from Cointelegraph Markets and TradingView shows that after a brief dip below the $53,000 support level on April 29, the price of Bitcoin staged

The University of Wyoming is allocating $4 million to running nodes and staking at least three cryptocurrencies. The news was shared to Twitter on April 28 by Caitlin Long, a Wyoming Blockchain and Fintech Select Committee appointee and founder of Avanti Bank & Trust — a local bank servicing the digital asset sector. NEWS NOT

Smart contract platform Fantom (FTM) was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade. Dubbed “Go-Opera”, the latest upgrade to Fantom introduces a range of technical changes which, according to a recent explainer by the Fantom Foundation, makes the network faster, more efficient and

Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48-hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time highs. The biggest altcoin by market capitalization seems to have received a boost from the news of the launch of a 100-million-euro ($120.8 million) digital bond

Bitcoin price started the week off with a strong move that propelled the price above $50,000 and at the time of writing, bulls are in pursuit of the $55,000 level.  On April 21, JPMorgan analysts wrote that the liquidity in the cryptocurrency markets is likely to recover sharply after the recent sell-off in Bitcoin (BTC). According

In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107 billion in daily volume. However,