Bitcoin

Anyone who accidentally sent their cryptocurrency to the wrong address knows that horrible feeling you get in your gut. Unfortunately, taking a loss due to human error is sadly more common than you think in the sector. The technical learning curve and overall censorship-resistant nature of cryptocurrencies mean they're great for many things. However, refunds are not one of those items. The recent surge in the popularity of cryptocurrencies has put the capabilities of these unique financial instruments in the…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,375 trillion. Bitcoin calls it even with a measly 0.4% loss in value over the week. Ethereum is up by 28% after setting yet a new ATH. XRP is down by almost 7% after a rough week. Binance Coin increased by more than 5% throughout the week. The DeFi sector added more than $16billion…

VanEck Associates Corp. seeks approval from the U.S. Securities and Exchange Commission (SEC) to establish an exchange-traded fund called "VanEck Ethereum Trust." If VanEck's proposal is approved, the VanEck Ethereum Trust will allow retail and institutional traders to gain exposure to the world's second-largest cryptocurrency by market cap without requiring them to invest in it directly. It could also value its shares daily based on the MVIS CryptoCompare Ethereum benchmark rate. This would be the first U.S.'s ether ETF, but…

Data and intelligence provider, Glassnode released metric insights displaying the hodling momentum on cryptocurrencies, Bitcoin particularly. According to the findings, Glassnode found out that coins exceeding an age of more than 155 days are considered Long Term Holder assets(LTH).  Whenever the digital coins grow or are used in various age bands, the size of color bands expands. Remember that the 155 day period dates back to November 2020.  Therefore, there was a constant growth through November 2020 in the number of…

This week, the value of the cryptocurrency market, driven by a major rally, reached the $2 trillion mark. Within two months, the cryptocurrency market capitalization has doubled as retail and institutional investors pile up in the space, according to the price-tracking site CoinGecko. More than 50% of the entire crypto market is accounted for by Bitcoin, the largest digital currency. This year alone, Bitcoin has rallied over 100% and has continued to boost the cryptocurrency market.  Crypto is Finally Gaining…

While many people like to consider blockchain as infallible, the truth is much different. Blockchain networks require constant updating to remain secure and functioning properly. The slightest code errors in a smart contract can spell disaster for a blockchain. As you are about to learn, no blockchain is immune. Open-Source It’s impossible to avoid the risk of coding errors completely. However, experts agree that sticking to open-source projects can help protect you. Open source platforms make their coding available to…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,192 trillion. Bitcoin is up by almost 14% since last Sunday. Ethereum sets a new ATH after a 30% increase in value. XRP gets a roughly 50% value boost in the past seven days. Binance Coin increased by more than 21% throughout the week. The DeFi sector added more than $12billion to the total…

Bitcoin has had an impressive history in terms of bull runs. Ever since the coin first entered the market, there have been long-term believers in the project. These HODLers have experienced these ups and downs in stride. Each new all-time high symbolized to these users the growing impact of this revolutionary technology. In January 2009, Bitcoin was only known to a select few in the cyberpunk and development communities. Today, it’s grown to become an international phenomenon. During these early…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,876 trillion. Bitcoin lost more than 9% in value in comparison to last Sunday. Ethereum is up 10% after a turbulent week with steep value oscillations. XRP is down by more than 16% after major value loss. Binance Coin increased by more than 13% throughout the week. The DeFi sector lost almost $5billion from…