Even though the ongoing coronavirus pandemic has yet to fully recede, an increasing number of countries are beginning to open up their borders to tourists once again. Furthermore, with large-scale vaccination drives taking place all over the world, it appears as though by the time...
Traditional finance has much to learn from new entrant DeFi
Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital markets are likely to...
Altcoins pop while Bitcoin looks for support near $50,000
Bitcoin (BTC) continues to look for direction, but as this occurred, Ether (ETH) and altcoins bounced higher from the Thursday sell-off. Dogecoin (DOGE) shocked investors with its 47% rally that kicked off after Coinbase announced that it would list DOGE in the coming months. DOGE’s price also rallied...
Kusama (KSM) price hits new highs as parachain auctions begin to take shape
Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news.” One protocol that has seen its price...
Crypto industry brass explains harnessing renewable energy could help BTC miners
The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks. On Friday, CNBC posted an interview with SUKU CEO Yonathan Lapchik, during which he explained the Bitcoin mining scene as...
Chance of a price crash increases as Cardano (ADA) futures near $1B
The impressive 816% gain of Cardano’s ADA coin in 2021 catapulted the smart contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago. As AD’s price...
Delphi Digital forms $5 million NFT investment ‘syndicate’
Delphi Digital — a multiservice cryptocurrency investment, consulting and research firm — announced on Friday the launch of “Delphi InfinNFT,” a new investment wing focused on nonfungible tokens and the NFT ecosystem. Per a post on Twitter, the fund will invest upward of $5 million...
Square not revisiting its Bitcoin allocation, but still interested in the asset
Over the course of 2020 and 2021, Square bought over $200 million worth of Bitcoin (BTC). At present, the payments company does not anticipate picking up more of the asset, according to its chief financial officer, Amrita Ahuja. In an interview with Financial News published...
VORTECS Report: Dammit, Musk, now you’re messing with AAVE too?
Who knew what, and when did they know it? Investigating Watergate in 1973, Senator Howard Baker Jr. wanted the answer. Thanks to a couple of journalists, he eventually got it. And while the stakes may not be as high, the team at Cointelegraph Markets Pro...
Cardano smashes $2 resistance as bullish signals enter for Bitcoin price
Cardano’s ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak Bitcoin (BTC). ADA/USD 1-hour candle chart (Binance). Source: Tradingview ADA in price discovery as $2.50 nears Data from Cointelegraph Markets Pro...