The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis. As more companies and organizations explore what the integration of blockchain technology can
Altcoins
Binance Coin (BNB), the native cryptocurrency of Binance Smart Chain and top digital asset exchange Binance, is starting to close in on Ethereum (ETH) in market capitalization. As of April 12, BNB is valued at $87 billion at the price of just under $600. The valuation of Ethereum is hovering at around $246 billion, which
Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens. One Ethereum (ETH) competitor that has seen numerous projects launch with airdrops in the
Jon Rice Jon is the Editor in Chief at Cointelegraph. He sees a sensible degree of decentralization as one of the most compelling needs for human society, since the competing ideologies of unfettered communism and capitalism have failed us equally in centralizing power. He also loves to run around Death Valley in a Darth Vader
The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit Ripple Labs, executive Brad Garlinghouse, and Chris Larsen with a lawsuit for the alleged illegal
Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire cryptocurrency and blockchain conversations around the world. We are people-centric, delving into *why* the true believers of blockchain feel they can change the world (and why they think it needs
The so-called “Coinbase Effect” has been analyzed multiple times by data firms like The TIE and Messari, and the verdict remains clear: Crypto traders who pounce on new Coinbase listings within seconds of their announcement often see substantial gains. Which is why this week’s VORTECS™ Report focuses primarily on a couple of big wins for
Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here is the user experience,
Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads. Since February enterprise-level adoption and a wide array of use cases have
Bitcoin’s (BTC) range-bound action since its breakdown at the $61,000 level has confused analysts. Some are projecting that a sharper correction could be in development while others remain steadfast in their belief that the uptrend will resume shortly. According to data from Ecoinometrics, history suggests that Bitcoin price breaks out between 300 and 350 days following a
Centralized cryptocurrency exchanges (CEX) have received increased attention over the past couple of months as excitement builds over Coinbase’s April 14 NASDAQ listing and the exchange’s recent announcement that it pulled in $1.8 billion in revenue during the first quarter of 2021. Even as decentralized finance (DeFi) and popular decentralized exchanges (DEX) like Uniswap (UNI) and
Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive. In a few short months, over half a billion dollars worth of NFTs changed hands, as celebrities (from lists A to Z) clamored to profit from crypto’s latest craze. But
Ripple CEO Brad Garlinghouse tweeted, “Today was a good day.” And he’s right; there’s a lot for XRP investors to be pleased about right now. Chief among which is how yesterday’s court hearing did not go the way the SEC had anticipated. Today was a good day. — Brad Garlinghouse (@bgarlinghouse) April 6, 2021 SEC
According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed down from the 240% recorded in Q4 2020. As Bitcoin price moves higher, more funds
The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair, causing it to see significant technical momentum. Mostly a technical rally, not too much
One telltale sign of a growing altcoin season is when obscure and lesser-known projects start putting on face-melting gains as traders scramble to jump on the rising price. New Kind of Network (NKN) has emerged over the past month as one of these surprise gainers, increasing 1,400% from a low of $0.052 on March 8
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