Latest News and Updates
Tether will allocate up to 15% of profits to buy bitcoin
The USDT stablecoin issuer, Tether, has announced regular investments in the first cryptocurrency since May 2023.
Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin. These Bitcoin shall be considered on top of the minimum reserves assets that 100% back tether tokens.
Ethereum developers have released a patch to fix network failures
The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.
Cryptocurrency Cardano has grown by 10%
Cardano was trading at $0.3840 by 11:02 am (08:02 GMT) on Wednesday, up 10.09% on the day. It was the sharpest daily rise in cryptocurrency since March 21st.
Crypto 2023: further crisis or new rise?
By the end of December and beginning of January, many crypto investors began to rethink the results of this tumultuous year for the entire industry. After the cryptocurrency price spike in 2021, with the entire market nearing a $3 trillion valuation, a series of high-profile incidents have shed light on how risky the industry really is, causing the market to lose more than two-thirds of its value. The editors of Investing.com collected both negative and positive forecasts regarding the future of cryptocurrencies, as well as the opinions of leading investors and experts.
The Potential Of Ethereum in 2022. Metaverse And Ethereum
Most people consider Bitcoin the most popular blockchain and cryptocurrency. And they are right. Bitcoin was the very first blockchain to be launched, its currency is the most expensive crypto in the world. But Ethereum isn't backing down. It's the second most expensive cryptocurrency in the world.
But the thing with Ethereum is that it has a different purpose than Bitcoin. It offers interesting possibilities and in the future, Ethereum's Ether (or ETH) might be one of the most popular currencies.
Ethereum is a smart contract blockchain that offers the ability to create a secure and decentralized environment for hosting applications of various types. You can even build another system within Ethereum.
What Is Non-Fungible Token Or NFT?
A non-fungible token, or an NFT, is one of the most recent phenomena in the crypto world. NFT tokens are still a mystery even to those who understand cryptocurrency. It's confusing since non-fungible tokens don't work like all other digital tokens.
One of the reasons why it catches the attention of the whole world is Christie's auction. During this auction, a non-fungible token was sold for $69.3 million! This NFT is connected to a digital work of a famous artist, but the overall event caught the attention of the world.
So, what is NFT?
Best Cryptocurrencies To Pay Attention To In 2022
Cryptocurrency is no longer something new and unknown to most people. Most people either have heard about crypto or even made some investments. Cryptocurrency has proved to be a rather good investment, especially if someone invests in promising crypto.
Just imagine how much Bitcoin investors have earned. Especially during the years 2009-2013. The gains of these people must be unbelievably great. No wonder that today a lot of investors try to keep an eye on up-and-coming altcoins.
An altcoin is a cryptocurrency other than Bitcoin. You can say that even Ethereum is an altcoin. Bitcoin and Ethereum are two already established cryptocurrencies. Investing in any of these two currencies might not bring huge gains.
But if you can find a less expensive and trustworthy coin to invest in, you can get great profit. This article will explore the world of promising altcoins. Check it out if you have spare money and would love to make a good investment in this or the following 2022 year.
A Semi-Fungible Crypto Item: What does it Mean?
Today, barely anyone is surprised that you can mine and own cryptocurrency. It has become a common thing to mine, trade, and use digital tokens. NFTs though are still relatively new to most users. NFTs or non-fungible tokens have become mainstream since the end of 2020, beginning of 2021.
Many users are interested in obtaining NFTs, and this interest keeps increasing. Only in the first quarter of 2021, the sales of NFTs have reached astonishingly high levels - $2.4 billion dollars!
The increased interest in non-fungible tokens has become the reason why new concepts have emerged. For example, semi-fungible tokens (SFTs). In this article, you can learn more about NFTs, SFTs, fungible tokens, and what are the differences between all these items.
Why do Stablecoins Stay Stable? Everything You Need to Know about Stablecoins
Today, it’s difficult to find someone who wouldn’t be aware of what a cryptocurrency is. But still, some terms might be a bit confusing for people. There is a cryptocurrency, Bitcoin, but there are also altcoins. And now people are talking about stablecoins. So, what is a stablecoin? Check out the article to learn more about stablecoins and how they stay stable.
Everything about Mining Dogecoin in 2021
Dogecoin is one of the most popular cryptocurrencies out there. In the beginning, Dogecoin was just a joke, a tribute to a popular meme, but now it is a currency worthy of investing in.
This year, Doge has attracted the attention of miners. It seems that the coin is worth mining compared to all other digital coins. The reason for such interest is simple: it’s easier to mine Dogecoin than BTC, but the rewards are pretty appealing.
Don’t get it wrong, it’s still difficult to find and solve blocks since it’s competitive to mine Doge, but it is relatively easier. If you are interested in starting to mine Doge, check out the article to figure out what you need to begin.