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
Ethereum 2.0 (ETH) Becomes The Fourth Largest Staking Network
Ethereum 2.0 (ETH) smart deposit contract was launched a month ago in anticipation of its move to the proof-of-stake protocol. Since then the number of eth staked has reached record levels and it is now the fourth largest staking network. $1 billion Worth Of ETH Staked According to Dune Analytics data more than $1 billion worth of ETH has been sent to the smart deposit contract. This corresponds to 1.5 million ETH, or nearly 1.4% of the total Ether supply.…
4 years ago
Coinbase Report Reveals The Advantage of Ethereum Over Competitors
A new report from crypto exchange Coinbase reveals that Ethereum still maintains a significant advantage over its rivals. The report took a close look at the smart contracts market and made comparisons between Ethereum and other competitors in the space. First Mover Advantage The report begins by stating that Ethereum domination over the smart contracts sector is similar to that of Bitcoin in the crypto space. Like Bitcoin, this dominance is due to the first-mover advantage that each project had…
4 years ago
Crypto Sector Records Massive Influx Of Developers In 2020
The crypto sector has witnessed a massive increase of developers in 2020, similar to the record in 2017. This increase has largely been towards major projects like Ethereum, Polkadot, Tezos, and Cardano. More Crypto Developers In 2020 In a comprehensive report, analytical firm Electric Capital analyzed the rising trend of developers in recent years. What is noticeable is that the number of people contributing to crypto projects has started to rise again in 2020. [caption id="attachment_21478" align="aligncenter" width="1050"] Electric Capital…
4 years ago
Crypto Market Gains $20 Billion in 24h as BTC Soars Above $19k
The crypto market is bullish today as the leading currency Bitcoin has returned above $19k again after a slightly bearish period. As expected, the crypto market has followed suit gaining $20 billion in marketcap in the past 24 hours. Bitcoins Surges Above $19,000 Bitcoin has been volatile in the past week, experiencing different price swings as uncertainty plagued the market. Just 48 hours ago, the primary coin dipped from around $19k to as low as $17,500. The dip in price…
4 years ago
Cardano Launches Roadmap For Goguen Roll-Out
Cardano has released its latest roadmap for the rollout of its highly anticipated Goguen updates. This was revealed in a tweet with Cardano expected to deliver most parts of the update by the end of February 2021. Goguen is important in Cardano's development, as it enables the blockchain to become a smart contract platform. This is because it brings a shift in the Cardano network from making transactions alone to becoming a utility platform. Thus startups and developers can build…
5 years ago
Stanford University add Zilliqa Sharding Technology to Course Curriculum
Zilliqa Sharding Technology part of Stanford University Curriculum Zilliqa Sharding technology is listed among the course scaling blockchain subjects at the prestigious Stanford University. This was indicated by Amirt Kummer, who shared an image on Twitter. The Course also includes other key blockchain concepts like Ethereum 2.0 and blockchain application for transparency in governments. Zilliqa is regarded as one of the top blockchain projects and is seen by many as scalability problems. The blockchain platform has proven to support up…
5 years ago
Cardano vs. Wikipedia: Hoskinson Calls Out Jimmy Wales for Censorship
The war between Cardano and Wikipedia just got really interesting. In a video statement on Twitter, Charles Hoskinson, the man behind Cardano, has called out Jimmy Wales (Founder of Wikipedia) for censorship. Charles Hoskinson is the CEO of IOHK, the technology company behind Cardano blockchain. The tussle between Wikipedia and Cardano has been going on for a long time as the latter still doesn't have a page on Wikipedia. https://twitter.com/iohk_charles/status/1319480871456419840?s=21 In his latest video statement, Charles questions the credibility of…
5 years ago
Cardano is Including Backfilling and Documentation in its Developmental Efforts
People continue to debate mass adoption of cryptocurrencies. A few days ago, Weiss Crypto Ratings noted that Cardano is still among the leading coins when it comes to technology and adoption. This is expected because Cardano has attained several milestones within its domain in the first quarter and people expect more in the coming months. Part of the expectation is the most-awaited Shelley-migration. IOHK CEO and Co-founder, Charles Hoskinson featured in a livestream, noting that part of the efforts of Cardano team is complete…
5 years ago
IOHK To Educate People About Cardano Starting This Year
The company behind Cardano, IOHK, recently announced that it started prioritizing education this year. The company is mainly focusing on the development and expansion of its educational materials in 2020 as it transitions fully into the Shelley era. There is already a comprehensive plan for 2020 to broaden educational materials by the company’s education team. The team’s primary aim is to enhance the understanding of their technologies using various learning and trading assets. IOHK also aims to offer knowledge and…
5 years ago