How will Sora’s price perform after the launch of Polkaswap?
Polkaswap leads the race to become the first decentralized exchange for Polkadot-based digital assets. In a recent investment thesis on the coin Sora (XOR), the Cointelegraph Research team explored the current state of the DeFi industry, highlighting the biggest challenges that the industry is facing right now. The two largest problems are scalability and the segregation of multiple blockchains that exist independently and cannot share information between one another. The Polkadot project tries to solve both these bottlenecks by offering cross-blockchain transfers of any type of asset.....
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Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH’s price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago. Ethereum’s strong move lower was a result of a correction in the Bitcoin market, along with a rapid slowdown in the utility of leading decentralized finance platforms. Ethereum To Perform Really Well in 2021 Speaking […]
The launch of the genesis block for a new cryptocurrency designed to make real the anonymity once thought to be offered by bitcoin has been delayed once again. Zooko Wilcox, early cypherpunk and founder of anonymous cryptocurrency startup Zcash, told CoinDesk yesterday that his startup will likely be pushing back the mining of its blockchain in order to give multiple third-party auditors the time to perform in-depth code analyses. In the aftermath of the the fallout surrounding the collapse of The DAO, a short-lived, much-hyped application on the ethereum blockchain, the value of such....
The automated protocol will launch with new features allowing bitcoiners to create their own liquidity pools, fees, and perform trustless swaps.
Per a press release, the company behind the popular non-fungible token (NFT) collection Bored Ape Yacht Club, Yuga Labs, will be part of a one-of-a-kind presentation. The company has partnered with rap legends Marshal “Eminem” Mathers and Calvin “Snoop Dogg” Cordozar to perform in the Metaverse. Related Reading: SimilarWeb Traffic Data Says That Binance Is […]
Since our last Bitcoin update, price has risen a bit; enough to get me wondering whether or not it’s time to re-assess my earlier suspicion that another down movement was due. In fact, I have seen evidence to suggest that the recent panic selling might have been the low I was expecting. To better get a feel for this question, I looked at the ethxbt chart for any clues it might offer: Here you can see that the bottom of the 5th square has stopped 5 declines in the past few weeks. Note that the swing high at .020 (blue arrow) was at the end of the 2nd square in time. This is common behavior,....