Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors’ attention. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past
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On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project’s website, the layer-one protocol capable of surpassing 4,500 transactions per second (TPS) with a time to finality of
For the past 40 days, Ether (ETH) has trended modestly upward, respecting a narrow channel most of the time. It enjoyed a brief rally toward $4,000 in the first week of September, but a subsequent crash brought the price into the ascending channel. Ether price at Bitstamp in USD. Source: TradingView In August, nonfungible tokens
Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown: Bitcoin (BTC) once again takes aim at $50,000. Is this the final hurdle before all-time highs are within reach? The Solana network was brought down by
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Regulatory noise In this week’s column, the Man in Shanghai is determined to squeeze all of the regulatory noise into one section, so
As someone who’s been deeply ingrained in the software development community for 20 years, I’ve come to realize that misinformation propels hearsay unlike anything else. There are a number of falsehoods circling the XRP Ledger (XRPL) that I encounter on a regular basis including the misconception that it’s centralized, that there are hidden fees, that
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in a Multi-Chain Market Structure’
Resolution 215 of 2021 issued by the Banco Central de Cuba (BCC) — the country’s central bank — recognizing cryptocurrencies like Bitcoin (BTC) is now in effect. According to Cuba’s official state news agency Prensa Latina, the order became official on Wednesday. With crypto legally recognized by the BCC, Bitcoin and other cryptocurrencies can now be used
Interoperability has become one of the driving themes within the crypto market and as the blockchain ecosystem evolves into an interconnected web of layer-one protocols, the importance of communication and efficiency among decentralized applications (dApps) will also increase. Ren (REN), a blockchain protocol designed to provide interoperability and liquidity between different blockchain platforms, has started
Ethereum blockchain’s native asset, Ether (ETH), faces the prospect of exploding toward $6,500 in the coming sessions. ETH looks like a cup and handle too. Thoughts? — Raoul Pal (@RaoulGMI) September 15, 2021 The bullish analogy takes cues from a textbook technical pattern dubbed “cup and handle.” In detail, a cup and handle structure develops
Noh Woong-rae, a member of South Korea’s National Assembly and a representative of the country’s ruling party, reportedly plans to postpone a bill clarifying the taxation of crypto until 2023. According to a Thursday report from Naver News, Noh said the Democratic Party of Korea plans to push back against the intention of South Korea’s
Ransomware, malicious software that encrypts computers and keeps them “locked” until a ransom is paid, is the world’s fastest-growing cyber threat, according to Coinfirm. Recent attacks on critical national infrastructure, like the Colonial Pipeline incursion that crippled oil and gas deliveries for a week along the U.S. East Coast, have set off alarms. Ransom payments
A new alt season is here — at least, according to some crypto industry commentators. Over the last month, altcoins — aka cryptocurrencies that aren’t Bitcoin (BTC) — have surged in price, with projects such as Solana, Cardano and Polkadot seeing their tokens triple in value. However, though people are screaming “alt season” with an
Bitcoin (BTC) cautiously held $48,000 on Sept. 16 as excitement brewed over a boost thanks to China seeing its “Lehman Brothers moment.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether exec reassures on Evergrande Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near the $48,000 mark Thursday. While progress towards $50,000 was less decisive,
The world’s largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan
The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the European Union markets during the first half of 2021 (1H21). Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a compelling case for the need for a targeted regulatory regime, as sketched out
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