Crypto Currency

This Is Why TRX Will Be A Dominating Force This Super Cycle : Tron | TRX | Prediction | Cryptocuurency | Blockchain | Dapps The 2017 Darling If you were in the Crypto space during the last bull run you will remember how Tron basically rose to fame in a matter of weeks. I picked up my first TRX at a fraction of a cent. Tron went on to become one of the best performing alts of the season, reaching an all time high of approximately $0.30! Funnily enough, the recent dynamics and development of the TRX network could not have come at a better time for Tron. By design or merely by coincidence, TRX is once again well positioned to dominate the altcoin market. While many lost hope and sold off their positions in TRX months and even years ago, others cashed in on the recent surge that the incorporation of DeFi brought to the TRX price. It seems that things are finally lining up for Tron, after a very long, boring and quiet season. The Dynamics Currently Propelling Tron Into The Future We have al

How to cash in on the Defi gold rush : DeFi | Ethereum | Cash | Blockchain | Cryptocurrency There has been a lot of talk lately about new Defi protocols coming up. A lot of capital has rushed to Defi-backed tokens helping many people make a lot of money in the process. The catch is that investing in many of these projects is risky. Many of them are still in beta phase, or the developers and management teams behind them are not so well known. Let the recent launch of Sushiswap serve as an example. Just a few days before the protocol’s big migration the main developer cashed out of the project, sending everyone involved into a frenzy. Tempers flared, nerves were wrecked, and for a moment it seemed like the project would just go belly up. So now, just as in 1849 when gold was discovered on the banks of the American River in­­ California, the surest way to riches may not be prospecting for gold. Levy Strauss, Phillip Armour, John Studebaker, Henry Wells and William Fargo all found out that

Most Important News You Should Know From This Week (7-13Sep) : Cryptocurrency News | Crypto World | Blockchain | Important Crypto News A pretty quiet week for the crypto-sphere however there are still some interesting news to talk about. Today we are going to talk Binance, an interesting idea from an airplane company, Mastercard and finally Crypto.com. Let's simply dive into it. 1. Binance is exploding in Africa : It's a surprise for no one cryptocurrency is becoming more and more popular on the African continent, especially due to Bitcoin popularity. Right now Africa represents a 25% retail share of market, as a result crypto-exchanges are also more and more popular which allows Binance to be the leader in Africa it has widened the gap with other platforms since the beginning of 2020. Binance has been showing its interest in Africa for several months. Nearly a year ago, the exchange the Nigerian naira and confirmed its desire to open up to other local economies. When Binance a

Bitcoin or shitcoins? What to buy? : | Bitcoins | Other Crypto Coins |   BTC | Heading to the market? My bad, that’s like a daily routine. Putting it right; what are you looking to buy today? Bitcoin or shitcoin?... sorry, altcoins. Well, whichever way you put it, you’ll still get to see a point. For someone delving into the crypto space, the popular disparity between bitcoin and altcoins could create a dilemma. Stick to the most popular cryptocurrency? Or surf the market for an alternative? If you’re a pro in the crypto space, then you will surely have lesser troubles answering this, well, if you’re a pro, you are probably not reading this right now. Bitcoin maximalist describes bitcoin as ‘the safe word’ and occasionally go a mile further to talk down on other crypto assets. ‘Shitcoins’! Well, there is a reason for this and many times, they are right. Certain toxic behaviors exhibited by altcoin projects have won them the popular name, but despite some altcoin projects displaying con

Ethereum Could Overtake Bitcoin Through DeFi, Lower GAS Prices: Bitcoin's Countermoves : | Defi | Ethereum 2.0 | Lowering Gas Fees | Bitcoin | Ethereum has always been the silver medal to Bitcoin's gold standard in the cryptocurrency space/industry. However, ETH could soon pull even with Bitcoin in the race to long term dominance. ERC-20 Tokens being used for gaming purposes and DeFi projects are boosting the practical use value of Ethereum. Ethereum is up 105% on the US Dollar from where it was 365 days ago, according to Coinbase pricing.  However, the mere price to buy a token/coin is not everything. Bitcoin is above $10,000 and Ethereum is only $370 but ETH has more use cases coming in the short term, and more projects working towards long term sustainability. Also, the number of bitcoin tokens "wrapped" into Ethereum has more than doubled since July. Bitcoin is 'wrapped' into Ethereum blockchain projects using a number of Ethereum-based tokens. Wrapping bi

  Almost 1 Million Bitcoin Is Held by Darknet Markets, Crypto Scammers and Hackers : | Hacking | Cryptocurrency |   Scammers | Darknet | Bitcoin | The latest analyses conducted by notable blockchain intelligence firms have intimated the status of Bitcoin holdings within the darknet and cybercriminal circles. The findings, as interesting as they were, showed that almost 1 million Bitcoin was being held by bad actors. It also turned out that crypto exchanges serve the majority of darknet users by helping them conduct bitcoin-to-fiat conversions. In addition, experts discovered that a host of bad actors depend on crypto mixing services to obscure the origins of their bitcoins. According to data collected by blockchain analytics firm Chainalysis about 4.81 percent of the global Bitcoin supply is in the hands of bad actors - its  new Market Intel Report  places the figure at 891,781 BTC. The above figure represents $9.7 billion worth of funds that reportedly accounts for the amount of crypt

  BITCOIN Fights Back: Is This The Start Of Something Great? : BTC Fights Back: Is This The Start Of Something Great? Back in August,  Forbes reported  that George Ball, a big name in the investment world, put forward an interesting prediction. George Ball, CEO of the billion dollar financial services firm Sanders Morris Harris, advocated that a potential turning point for Bitcoin would begin on Labor Day, September 7th. The prediction came in an interview with Reuters you can watch  here . George Ball made the comments in the context of investors dealing with a summer dull and the effects of COVID. In a context of a stock market heavily inflated and held up solely by the BRRR money printer of fiat and stock buy-backs, the danger of a turning point becomes greater and greater. A looming threat hangs over the market when that market is held up by liquidity and only liquidity. As investors and traders await a new spark, which may never come, they begin to get more and more shaky and unce

  Transaction Fees on the Network Are Blowing : Frightening Development In Ethereum Network: Criminal Detected Trading on the Ethereum network has never been this expensive. According to data transferred by blockchain analytics firm Glassnode, transaction fees on the ETH network broke a record, and a  $ 7 million transaction fee was paid within 24 hours on Thursday.  Of course, all of this goes to miners, and miners' income is constantly increasing. So what is the danger of this situation? Transaction Fees on the Network Are Blowing ​It is thought that one of the main reasons for the increase in transaction fees in the Ethereum network, especially since 2020, is decentralized finance (DeFi) applications. Thousands and even millions of people using DeFi applications are clogging the network by making continuous transactions. This situation puts more strain on Ethereum, which is already suffering from scalability problems. In addition to decentralized cryptocurrency exchanges such as

 Crypto Investors Own Percent of NY Bank Deposits : Photo by  Quintin Gellar  from  Pexels While most banks are still steering clear of   Bitcoin , Metropolitan Commercial Bank seems to have embarked on the road less traveled. A commercial bank based in New York, Metropolitan recently shared the fact that cryptocurrency investors and clients make more than 15 percent of their deposit transactions. Metropolitan plans to keep moving in this direction by continuing its support for digital asset traders. According to Metropolitan bank’s CTO,   Nick Rosenberg , the bank has come to understand that cryptocurrency is a “serious industry” with “very interesting ideas coming out that could really change the way people do business.” Moreover, the Director of New Products Kyle Hingher has stated that Metropolitan envisions its future as being one of the prominent banks in the cryptocurrency industry. Could this be the beginning of a   rapidly evolving trend   among banks? Embracing the cryptocurr