Latest News and Updates
Tron Developers Will Change How Fees Are Calculated
First legal cryptocurrency launched in Europe
Finnish company Membrane Finance has released a fully licensed stablecoin backed by the euro. The company is licensed by the Finnish Financial Supervisory Authority (Fin-FSA) and claims that "EUROe" is "the first and only EU-regulated cryptocurrency".
Cryptocurrency Litecoin grew by 10%
Litecoin was trading at $96,440 by 17:45 (14:45 GMT) on the Investing.com Index on Sunday, up 10.08% on the day. This was the sharpest daily rise in cryptocurrency since November 23, 2022.
The Cardano network has recovered from a massive outage
This weekend, the Cardano blockchain experienced a massive failure - half of the nodes suddenly went offline and began to reboot. Now work has been restored, but the reasons are still unknown.
Ethereum Smart Contracts Deployment Jumped 293% in 2022
According to the report, the number of smart contracts deployed on the Ethereum main network in the fourth quarter of 2022 increased by 453% compared to the previous quarter, to 4.6 million. Ethereum test network Goerli. On an annualized basis, the number of smart contracts grew by 721%, reaching a level of 2.7 million.
USDC Overtook USDT in Popularity After FTX Crash
The popularity of the USD Coin stablecoin skyrocketed following the default of the FTX cryptocurrency exchange, according to analytics firm Glassnode. Users are more likely to choose USDC despite the convenience of USDT.
Cryptocurrency Cardano has grown by 13%
Cryptocurrency Cardano has grown by 13%
The expert named the most promising cryptocurrency in 2023
Cardano will be the most promising cryptocurrency in 2023. This was stated by the founder of Crypto Venture Capital, a well-known crypto investor Dan Gambardella, reports Crypto News. According to him, altcoin can show growth by 1000%.
Rise Of Bitcoin: Not Until Merchant Adoption
Simple users and investors like Bitcoin since it is out of reach of a
standard system. Bitcoin as well as other similar cryptocurrencies are
decentralized assets that are controlled not by one individual or
government etc., it is controlled by all users of a blockchain.
Not
to mention that cryptocurrency won’t be devalued like any other currency
might be. Since there is only a certain number of bitcoins which means
that no one can create more bitcoins, so it won’t drop in value
drastically.
These are only some of those reasons why investing in
Bitcoin or other cryptocurrencies is preferred by so many people
throughout the world. But as for becoming a true rival of a traditional
monetary system, do Bitcoin or other cryptocurrencies have this
potential? Yes, they do have the potential, but it’s not as simple as
people might hope.