Blockchain

According to the Cardano Foundation, its network has finally achieved a critical milestone of 1 million ADA wallets. The escalation in the number of wallets on the Cardano network can be attributed to the recent upgrade that introduced smart contract functionality. ADA was among the best-performing cryptos before the market tanked last week. The cryptocurrency made successive highs as it spiked above $2.00 en-route to new highs of almost $2.40. ADA's price has risen more than 1,000 percent this year,…

The evolution of the blockchain world has been phenomenal, showing no signs of slowing down. An interesting testament to this is the Non-Fungible token. Also known as NFT, it merges decentralization and unique rarity forms to produce a one-of-a-kind token. On the other hand, art is an expression of human creativity and imagination whose value is purely based on viewer opinion rather than the value of inputs used.  It's rare to have any aspect of cutting-edge technology being heavily dedicated…

Blockchain technology unlocks the impossible, and if you thought you had seen it all, you are in for new surprises. It’s the NFT industry this time around. Not like NFTs are a new concept. Non-Fungible tokens were around as early as 2014, but the industry hadn’t explored until recently.  2021 seems to be the most gifting year for the industry, although some experts believe it’s just a bubble that will soon pop out of favor. In any case, they are…

Forget Elon Musk's Twitter' jokes' that are dangling the prices of about every cryptocurrency in the industry. NFTs are the hottest thing in the crypto space right now. Perhaps the Tesla founder could soon shift focus and reap big from his frequent Twitter theatrics. Jack Dorsey just made millions from a tweet the other day after creating an NFT from his first-ever tweet. NFTs are in no way a new concept to which the crypto community is rising. The first…

Bitcoin price is currently well over $50k with an outstanding 66% market dominance making it the highest-valued cryptocurrency. The crypto developed in 2009 has seen its high prices realized through the end of 2020 and the first quarter of 2021. The records show an all-time high price of $61.55k, and future predictions lean on its price increasing to $100k. Certainly, the BTC rally doesn't seem to have run out, regardless of the 600% price surge since its launch.  Despite recent…

Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential analysis concepts…

There has been a lot of talk concerning the reliability of the CoinMarketCap platform, all pointing out its data vulnerabilities. According to various articles, the crypto website reports on fake volumes, comprising the top 25 exchanges among the 560 listed ones. More than 75% of these exchanges expose similar data vulnerabilities that make it hard to trust the platform. Also, Forbes analyzes major research reports that conclude fake crypto trading volume of about 65% to 95%. Regarding the concerns raised…

The VeChain blockchain-powered DNV GL has made significant progress with the recently certified ReSea Project. The Ocean cleaning program has succeeded in removing more than 672K lbs of plastic waste from water bodies. The Vechain Foundation, together with DNV GL, joined hands to support the project in stopping plastic pollution of oceans and rivers. The research project, an environmental cleanup Danish-based company, was certified by DNV back in February this year. The company focuses on cleaning up the new standards…

ETH and other top cryptocurrencies have suffered heavy losses over the past few days following Elon Musk's decision to suspend customers' use of bitcoin to purchase Tesla automobiles.  Ether is trading just above $3,500 as of this article's writing, marking a significant decline from its recent lifetime high of $4,362 seen earlier this month.  The crypto tracking website CoinMarketCap shows that the ETH price is down over 10% in the weekly chart. However, according to John Kramer, crypto investors have…