Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. Ethereum Name Service announced a retroactive token airdrop this week to a fanfare of crypto enthusiasts. If you happen to own a .eth domain, read on to discover how you can claim your eligible tokens. What you’re about to read is the smaller version
Cryptocurrency
“I’m in it for the tech,” is a phrase commonly used in the cryptocurrency ecosystem by many who want to express a deeper motivation for being involved with blockchain technology beyond the significant gains that are known to happen in the volatile asset class. One project that has quietly climbed the charts without the need
One under the radar cryptocurrency-powered payment app that’s been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the United States Dollar via the Reserve stablecoin (RSV). The network also features the Reserve Rights token
The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9. The number of Externally Owned Ethereum Addresses (EOA) fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain,
Proof-of-work (POW) blockchain networks were all the rage in the early days of cryptocurrency when Bitcoin (BTC) set the standard for security and other projects followed suit in various attempts to offer a robust, scalable network that would either support payments of efficiently transmit data. Most protocols have now shifted to proof-of-stake but Kadena (KDA),
Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed the price back above $66,000 and Ether hit a new all-time high at $4,793. The gains from the largest two cryptocurrencies helped to kickstart a market-wide rally that lifted the total cryptocurrency market cap
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebook’s getting a Facelift. But this week’s group of top crypto performers have very little in common… except one trading indicator that lit up in pulsating green neon letters before
Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. The rise of the Metaverse has also
Price action in the crypto market has not been for the faint of heart over the past 48-hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts to new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen a handful of tokens post
As reported by Reuters Thursday morning, Tierra Viva (“Alive Earth”), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus, and elephant beetle species exported by Tierra Viva have a retail price of $300 a
If all goes to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable Ripple (XRP) holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their
Polkadot (DOT) looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup. Dubbed Inverse Head and Shoulders (IH&S), the technical structure appears when an instrument forms three troughs in a row, with the middle one, called the Head, being the lowest, and the other two — known
“Uptober” is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish. Uptober, Upvember,
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yoni Assia, the co-founder and CEO of eToro. Yoni Assia is the co-founder and CEO of eToro, the
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bakkt shares skyrocket after partnering with Mastercard and Fiserv On
You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets.
This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and
This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city. Fast facts City: New YorkCountry:
Shiba Inu (SHIB) continued its march upward on Oct. 27 with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000 (data from Binance). The latest move upside pushed the token’s month-to-date (MTD)
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. Institutional investor interest is likely a key factor behind Solana’s impressive 490% gain since August. For example,
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