Category: Cryptocurrency News

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BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations. In […]

Market making is a profession that has been around since the early 1980s, many crypto market makers come from backgrounds of traditional finance.

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Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts.

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Welcome to the 8th edition of EF Research's AMA Series. **NOTICE: This AMA begins at 1300UTC on 07 July, or about 48 hours from the time of this post! Feel free to leave your questions below** Members of the Ethereum Foundation's Research Team are back to answer your questions throughout the day! This is their…
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Cardano is gradually pushing through most of its network’s building phases. The Basho phase, the fourth of the five stages of Cardano’s developing plans, is progressing. The first three phases were Goguen, Byron, and Shelley, which provide smart contracts, the foundation, and decentralization, respectively. Finally, Vasil, the primary feature of Basho, is launched on Cardano’s testnet with a focus on scalability. In recent news, the Cardano network has completed the hard fork of Vasil on its testnet. This latest successful move prepares the network for the upcoming upgrade on the mainnet. The tech firm Input-Output Global (IOG), handling the project, announced on July 3. With the progressive movement, the network is expected to experience more scalability and excellent performance for all transactions. Also, the tech company is inviting project developers, stake pool operators, and exchanges to test run on the testnet. Related Reading | Can This Bitcoin Ratio Have Hints For A Bottom? They could roll out their projects to test the features of the Vasil. This would enable the team to timely maintain all necessary assessments and adjustment the final upgrade on the mainnet. The IOG team had planned for the Vasil upgrade on the Cardano mainnet to be on June 29. But it later postponed the date of the event. The team explained that fixing all the prevailing unharmful bugs needed more time. According to the statement from IOG, the network’s community is carried along in the project through its proposal. However, it would take the confirmed readiness of the community for the final launch of the upgrade on the Cardano mainnet. The tech firm estimated one month for the launch to take place. Cardano Price Reacts Despite Vasil Upgrade Launching Vasil on the mainnet is expected to introduce several scalability features on the network. These include enhanced transaction efficiency and performance and increased block creation speed or throughput. In addition, the upgrade would enable the interoperability of the network with several blockchains and networks. Also, there would be a reduction in the overall network cost for all users. Cardano has passed through a series of developmental stages. Smart contract integration stands as its last principal development stage. This was closely followed by decentralized applications as well as DeFi protocols. Cardano has been advancing gradually with lots of activities from developing irrespective of the numerous projects within the ecosystem. Related Reading | Leading Crypto Exchanges See Negative Funding Rates, Have The Bears Taken Over? Vasil upgrade is a great developmental project on the Cardano network. However, its news of launch hasn’t made a significant impact on the native token ADA. The price of the coin is around $0.44 at the press time. This shows about a 0.4% drop within the last 24 hours. Data from DeFi Llama revealed that the total locked value (TVL) for Cardano is $115.85 million. The most significant contributor is WingRiders, a DeFi exchange that holds up to $49.7 million. Featured Image From Pexels, and chart from Pixabay