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…
Cardano
Kick.io’s Cardano-Based IDO Launchpad Goes Live Today
Kick.io, a crypto fundraising platform, has announced the release of its IDO launchpad. The project accelerator will enable the Cardano community to raise funds for high-value projects. In a press release yesterday, the firm confirmed that the service would go live on October 1st 2021. It went on to invite community members to invest in unicorn-level projects. Members can do so by taking advantage of early investor privileges. Kick.io is looking to be the go-to platform for funding Cardano-Based projects…
4 years ago
TA: ADA Looks Ready for a Major Run
The Cardano (ADA) blockchain has been in the minds of many crypto investors recently. This is thanks to the successful launch of its Alonzo blockchain. Now that Alonzo is live and ready to roll, Cardano's developers - Input Output Hong Kong (IOHK) and the Cardano Foundation have been making significant moves to boost its profile. These efforts are starting to yield fruit, much to the benefit of ADA investors. A Background to the Alonzo Upgrade Alonzo is central to Cardano's…
4 years ago
Emurgo Dedicates $100M to Fund DeFi and NFTs on The Cardano Ecosystem
Emurgo took to their official Twitter account on the 26th of Sep 2021 to confirm the announcement that they are ready to invest $100M in the Cardano ecosystem. Emurgo had made this announcement at the Cardano Summit. Cardano ‘Stretches’ to Support DeFi, NFTs, and Blockchain Education On the 26th of Sep 2021, Emurgo, the commercial of crypto giant Cardano, took to its official Twitter account to confirm that it intends to invest $100M in Cardano’s Ecosystem. The vast funding will support the development of DeFi and NFTs on Cardano’s…
4 years ago
COTI to Roll Out its Djed Stablecoin on Cardano Blockchain
On the 26th of Sep 2021, COTI took to their official Twitter account to announce that they will be rolling out a stablecoin on Cardano's chain. Cardano to Host its First Stablecoin As per Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI group, Cardano will receive its first-ever stablecoin from COTI. The stablecoin goes by the name Djed. The duo relayed this message at the Cardano Summit stage in Laramie, Wyoming, on Sunday. Shahaf said that Djed has…
4 years ago
BTC Treads Around the $50K Barrier as ETH Follows Course Hitting $3.3k
Bitcoin recently made a bullish statement as it breakout past $50k, while ETH also broke out past its resistance level at $3.3K. The two coins seem to be eyeing new ATHs surpassing the analysts' prediction of $100k and $20 for Bitcoin and Ethereum, respectively. Most of the other coins are also benefiting vastly from bitcoin's bullish trend. BTC on an Upsurge On Monday, 23rd August, Bitcoin made a bullish statement when it went past its long-term resistance of $50k for…
4 years ago
Understanding Cardano’s Non-Interactive Proofs of Proof-of-Work
Cardano is one of the largest cryptocurrencies by market cap and one of the unique blockchain technologies. In addition, Cardano has a native coin named Ada, which is performing decently in the crypto markets. However, Cardano as a network adopted a sidechain system, where the network runs two blockchains. The original blockchain, the Cardano settlement layer (CSL), deals specifically with powering the Ada currency and other settlements done with Ada. It leverages POS to release new Ada into circulation. It's designed…
4 years ago
Promising Cryptocurrencies Investors Should Consider in 2021
What asset should I Invest in this year? The above question troubles every investor at some point in their investment life. It's the desire of an investor to put their money in assets that have excellent returns and the best prospects. However, in a financial world with many investment options, it could be hard to select the type of investment and precisely the asset to work with. Primarily, a crypto investor wants to find a sustainable asset performing well in…
4 years ago
Hoskinson Says Cardano’s Alonzo HardFork Can Enable Users to Run Smart Contracts
Cardano (ADA) users will run smart contracts on the network once the Blockchain completes its Alonzo Hardfork. That is according to Charles Hoskinson ADA's founder. Mr. Hoskinson revealed the news through a YouTube live stream. The announcement paves the way for Cardano to enter the Smart Contract sector, challenging Ethereum's supremacy in the space. It will come as welcome news for ADA holders and neutrals who've been looking for alternatives besides the Ethereum Network(ETH). A significant gripe against ETH has…
4 years ago
Top 3 Under 5 Dollars Cryptos Worth Investing In
Today, there are over 8k crypto-assets listed in Coincheck, and the numbers are increasing yearly. Unfortunately, some assets perform poorly in the markets, and others are even considered failed projects. Out of those, there are Defi coins, stablecoins, and cryptos, each with unique functions. Coins/cryptos are the most common assets in cryptocurrency, and their reliability often depends on the services their host blockchain provides. Others like Bitcoin, Ethereum, and Binance coins have very high values of $33k, $2k, and $300,…
4 years ago