Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
The Difference Between Capped and Uncapped ICOs
Some ICOs set a cap on how many coins investors can buy. However, some people choose to offer unlimited coins at the sale. Different teams can follow different strategies to obtain success in this growing market. Today, our guide aims to distinguish between capped and uncapped ICOs. Understanding the Concept of ICOs An ICO (“Initial Coin Offering”) is a way to launch a new cryptocurrency. ICOs are a way to raise money for a project by making and selling digital…
3 years ago
Is It Possible to Spot a Fake NFT?
Blockchain technology should have made life simpler for digital artists selling unique tokens of ownership to others. A public ledger can give buyers a record of who owns a piece of art in perpetuity. Blockchain gave some artists a new chance to earn money. However, some artists admit that the last year's crypto boom has been a mess. Anyone can "mint" a digital asset as an NFT, even if they don't own it. How do you spot a fake NFT…
3 years ago
Unstoppable Domains – A Beginner’s Guide
Unstoppable Domains are an intriguing and unique new option gaining traction in the crypto industry as more people become aware of them. Even though you may be inclined to dismiss them as simply another "crypto craze,” you may not want to be so hasty in your judgment. Whether you have your wallet or just learning about crypto, unstoppable domains have some unique advantages you might consider utilizing for your website. This post will cover all you need about unstoppable domains…
3 years ago
Understanding How Ripple’s Interledger Protocol Works
Payment networks need to be more cohesive and cohesive. Transferring money within a nation or between accounts on the same system or ledger is quite simple. The same goes for transferring money between accounts on a different network or ledger. In most cases, transmitting data from one ledger to another is unfeasible. Even in places where connections are available, they are often manual, sluggish, or costly. Ripple’s Interledger Protocol allows the routing of payments across multiple digital asset ledgers. Meanwhile, it protects…
3 years ago
3 Meme Coins Still Riding the Meme Wave and Ready to Explode
With Elon Musk on the verge of buying Twitter, his pet crypto, Dogecoin, could rise to new heights of popularity and demand. However, DOGE is one of many meme coins ready to burst on the scene in 2023. Others are waiting for a signal to show that the meme wave is alive and rising. Meme coins started as a joke. But, in a market dominated by raging bulls and bears shifting crypto prices by the thousands of dollars, the presence…
3 years ago
Intel’s Blockscale – A New Bitcoin Mining Chip
Earlier this month, Intel announced Blocksale ASIC, the company's second-generation Bitcoin mining chip. Intel plans to deliver the new chip for the third quarter, which it claims will be more energy-efficient. What does this news mean for Intel and the blockchain sector? How will Bitcoin miners react? Intel’s Second Attempt to Attract Crypto Miners Intel's first mining chip, Bonanza Mine, is a 7nm process packed in lots of 300. So we can speak of a 3,600W mining machine with up…
3 years ago
What Is the Blockchain Scalability Trilemma?
In decentralization, security, and scalability, the Blockchain Trilemma refers to the generally held notion that decentralized networks can only deliver two benefits at any given moment. This article looks more closely into the matter, assessing all the most relevant aspects of the blockchain scalability trilemma. The Trilemma Vitalik Buterin invented the term "blockchain trilemma," which refers to a problem that blockchain engineers face while balancing three competing demands: decentralization, security, and scalability. According to a common conception, decentralization, security, and…
3 years ago
Rebalancing the Portfolio or Buy & Hold?
Over the years, blockchain and cryptocurrencies have attracted an outstanding amount of interest and money. However, the popularity of an asset only automatically indicates that investing in it is easy. If you need to distinguish between reputable cryptocurrency suggestions and scammers, you'll need help to make a profit. New traders often have many questions and need help figuring out where to begin when they first enter the market. Different investors tend to prefer different investment strategies for cryptocurrencies. Today we…
3 years ago
1Password Now Lets You Easily Store Crypto Wallet Details
1Password is taking its storage security to another level with a new crypto-centered feature. The latest update allows users to store details concerning their cryptocurrency wallets. Simply put, you can store a small piece of information on 1Password that could help you remember your private key. However, you cannot store the entire key giving access to your digital assets. As a friendly reminder, you should always store your private key offline and never share it with anyone. 1Password Rolls out…
3 years ago