By any standard, it was an a crazy week for DAOs (decentralized autonomous organizations) but there was also a large amount of fundraising that caught our attention. We have a lot to cover so let's dive deeper.
Record-high inflation and Bitcoin with a new All Time High! During the pandemic, the money printer went berserk, increasing the dollar supply by 35% in only 18 months. Initially, the FED stated that there will be no inflation but shortly after the U.S "Central bank" changed its mind noting that the inflation will be "transitory". Despite the FED's positive overview, it seems that the inflation is here to stay. Last…
If you are a crypto enthusiast then you know it was a crazy week in the markets!! Let's check out the highlights: Bitcoin hit a new all-time high, Ether follows First Bitcoin ETF trades near $1B on its first day Grayscale to "force the SEC's hand" with its Bitcoin ETF application Bitcoin hit a new all-time high, Ether follows The price of the largest cryptocurrency by market cap is skyrocketing.…
Ethereum "London upgrade" is rolling out today - what can go wrong? Today is a historic moment for the crypto community because one of the long-awaited updates in Etherium is on its way. In the last few days, Ethereum price surged above $2700 - the main reason - "London upgrade". What is the "London upgrade"? The "London upgrade" will integrate 5 protocols that are expected to improve the Ethereum network.…
Since the 2009 launch of Bitcoin (BTC), cryptocurrencies have been controversial financial instruments. From industry-leaders such as BTC and Ethereum (ETH), to newer coins like Polkadot (DOT) and Tron (TRX), the role of virtual money in finance is a hotly debated topic. Amid the dramatic early-2021 spike in crypto values, talk of mainstream financial adoption reached a fevered-pitch. Throughout the late-2020/early-2021 runup in prices, Dogecoin (DOGE) established itself as a…
A stablecoin is a digital currency that is pegged to another asset that has a "stable" value, for example the U.S. dollar (USD). Stablecoins benefit from low volatility, which makes it easier for people to leverage them as a medium of exchange. These innovative digital currencies have attracted significant demand, and as of March 2019, the top five fiat-collateralised stablecoins had drawn more than US$2.5 billion worth of deposits. Background…
IOTA’s Tangle is a next-generation distributed ledger designed to overcome some of the blockchain’s most basic challenges. While the blockchain has traditionally separated users and miners, the Tangle combines the two to eliminate conflict between the groups.
Zcash, which trades under the ticker symbol ZEC, is a privacy-oriented digital currency that leverages bleeding-edge cryptography to shield the identities of users. By using this innovative technology, Zcash has become one of the most highly visible cryptocurrencies used to provide anonymity. While Zcash certainly has rivals, some believe that this altcoin is the best digital currency for providing its users with privacy. Users have been flocking to Zcash amid…
Learn more about litecoin, a cryptocurrency that was created in 2011 and provides rapid, low-cost payments that can be sent to recipients all over the world.
IOTA, which trades under the ticker symbol MIOTA, is a digital currency specifically designed for the Internet of Things (IoT). This cryptocurrency is used to make transactions on IOTA's distributed ledger, which is known as the tangle. IOTA was created with the intention of improving upon the blockchain, a more basic distributed ledger system, and solving its inherent problems. Because it eliminates fees, IOTA has been envisioned as enabling a…
Monero (XMR) is a privacy-oriented digital currency that has grown into one of the bigger cryptocurrencies on the market. Learn more about Monero at FXCM.
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