
LINK Price Prepares for Another 55% Rally as Chainlink Hits Key Milestones
With LINK price up 43% over the past month, analysts like Ali Martinez see potential for a further rally toward $22 and possibly $28.
With LINK price up 43% over the past month, analysts like Ali Martinez see potential for a further rally toward $22 and possibly $28.
Cardano’s Open Interest has seen a notable 14% increase, while its price has reached a high last seen in early June.
70 Trump administration officials held crypto investments, as the crypto market rallies under a pro-industry administration.
Ether has surged past the $3,600 mark for the first time since early January, driven by aggressive whale accumulation and fresh institutional buying.
Dogecoin and Gigachad lead the meme coin rally with notable price jumps and increased investor activity.
Thumzup Media Corporation has approved the launch of a treasury strategy to invest up to $250 million in a variety of digital assets, including XRP.
Story Protocol’s native token, IP, has jumped over 50% in the past month, as the project plans a “big reveal” for users and appoints Chief AI Officer.
“I think it’s time to activate the marketing machine,” said Pudgy Penguin CEO Luca Netz.
A long-dormant Bitcoin whale, active since the early days of the network, has sold its entire holding of 80,202 BTC in a couple of days.
Despite declining volumes, PUMP saw $3.71M in Smart Money inflows and a rumored $31M buyback.
Cardano extended its bullish momentum on Thursday, gaining 5.98% to close at $0.8101 while breaking above the critical 200-day moving average for the first time since March.
Tether’s USDt reached a historic $160 billion market capitalization on July 17, marking a significant milestone for the world’s largest stablecoin. However, pending US legislation could challenge its market position through new regulatory requirements.
Chris Larsen transfered $26 million in XRP to Coinbase as XRP price got closer to new yearly highs, signaling a possible significant cash-out move.
Semler Scientific purchased an extra 210 BTC to become the 14th largest public Bitcoin holder.
South Korea’s Upbit faces potential fines of up to $131 billion for KYC and compliance failures, raising concerns across the crypto industry.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.