Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

8 Years ago today there were only 51 coins in existence (and only 2 of them remain in the top 10). Today there are 9379 coins and 90% of them will probably not exist in a years time (I am looking at you SafeMoon)

Here is a snapshot of life in the cryptoworld (eight years ago) back on September 24th 2013; https://preview.redd.it/fdkewk52djp71.png?width=1388&format=png&auto=webp&s=f37118cec4b7ac73a8b8d1c738e5f6933c0fbd8d It's amazing how a lot of those coins don't even exist today. Either that or you can find them ranked outside the top 1000 or even top 2000 (outside of Litecoin which is still in the top…
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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600.

$1,000 invested in previous ATH (17-Dec-2017). Return on Investment analysis for top 2, top 5, top 10, top 20. How much it is worth now?

I choose 17-Dec-2017 for comparison as it was the day when BTC hit the previous all time high. Given $1,000 invested in different top cryptocurrencies on this day, how much will you have today? Scenario 1 – invested $500 in top 2 coins – gain 217.51% Top Coins 2017 Price 2021 Today Price 2017 Invested…
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First drop of many completed. Hopefully this gets some attention.

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What GPT-3 thinks about DAOs (protocols)

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Cardano Summit Begins Tomorrow, Here’s What You Should Know

The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around the world can attend. Local groups are also available with community-led events. Events at the Cardano summit are split by the worlds they fall into. Currently, the summit features seven different worlds in which individuals can choose to participate in. These worlds include Cardano World, Utility, Impact, Governance, Adoption, Catalyst, and Community. Related Reading | Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed The Cardano community is still giddy with the recent launch of smart contracts capability on the network, and with good reason. This summit promises some bigger announcements following this incredible feat. Details of what might be expected from the team are still sparse. So right now, it really is a waiting game as the opening of the summit draws closer. The partly virtual event features avatars for participants to communicate with one another. While also featuring notable keynote speakers from the crypto space that will speak throughout the two-day summit. In addition to these will be the availability of limited edition NFTs minted on the blockchain to be collected throughout the summit. Founder Charles Hoskinson will provide the live opening keynote across all seven worlds to mark the beginning of the summit. Hydra 2, DeFi, And The Cardano Network Cardano recently announced the launch of the Hydra Layer 2 solution that will enable developers to build and deploy their decentralized apps (DApps) in a safe and secure environment. With the launch of Hydra, Hoskinson tweeted that more information will be available about the solution at the summit. More information about decentralized finance (DeFi) protocols launching on the network, with updates expected from decentralized protocols like Minswap and SundaeSwap, which are both built on the blockchain. Related Reading | Why Cardano Bull Trend Isn’t Over And 91% Increase Is Imminent, deVere CEO Nigel Green Founder Charles Hoskinson celebrates how far the blockchain has come up until this point. “The Cardano summit 2021 follows the launch of smart contract capabilities on Cardano, and a remarkable six years of intensive development and perf-reviewed academic research to create a third-generation blockchain platform which is not only eco-friendly but provably secure,” the founder said. ADA price trending above $2.1 | Source: ADAUSD on TradingView.com Future exploits by the developer are expected to be announced at the summit. Alongside how the project plans to bridge the gap when it comes to decentralized finance. The summit is open to participants from all around the world and sign-up is free at https://summit.cardano.org/. Featured image from Beinchain, chart from TradingView.com

NFT Standards Wiki

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Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US

A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency […]