Connect with us


Blockchain Technology – A Major Player of the Tech Space



Blockchain’s new CFO – BTC News Online

The business sphere is overcrowded with enterprises that are all set to implement their blockchain strategies. After all, not directing toward Blockchain would be an unwise act which can put many businesses into grave danger. Hence, they have geared themselves up to adopt various applications of Blockchain Technology after going through a profound phase of estimation and analysis to assess its pros and cons.

There is a definite upside to embracing this spectacular invention, however, there is a line of risks involved in taking this step. As they say, there is no gain without a little loss. It is needless to say that introducing a new stack of technology is an already functional environment can lead to hacks, security contraventions along with data loss.

Hence, there is a bunch of questions spinning around the business. Do blockchain protocols own a secure level of maturity? Are they fine enough to be deployed in big-scale ventures? Are business leaders equally comfortable in using this new technology as they are with the older ones?

After giving it an in-depth thought, the top-notch BaasS providers have shown an inclination toward this unconventional technology. They are the biggest fans of Blockchain Technology which can act as a great service model for them. They already possess a significant customer base and seems rational for these cloud providers to bring Blockchain into their vicinity. Take a look at how this initiative is taking a profitable shape.

  1.   Microsoft Azure

It is a commonly known fact that Microsoft is a leading BaaS provider in the market. Until now, it was dealing in Ethereum along with offering services for network fabrics in Hyperledger and R3’s Corda. Now, it has begun to invest in Blockchain technologies by contriving Azure Blockchain Service and the Azure Blockchain Workbench.

  1.   IBM Cloud

IBM plays a core role in maintaining source code for Hyperledger fabric and hence, is a major cloud service provider. Now, IBM has endeavored to become multi-cloud by opening IBM Blockchain 2.0 that can help you run fabric network over several cloud providers.

  1.   Amazon Web Services 

The managed blockchain zone is controlled by Microsoft Azure and AWS is equal capacities. When it comes to choosing which one is better, it completely depends on your acuity. In case, you belong to the finance sector, Azure will go better with your needs while AWS is suitable for industries like insurance, healthcare, and related verticals. 

  1.   Oracle Blockchain

 The Blockchain platform produced by Oracle has based its solutions solely on Hyperledger Fabric. It might not be ideal, however, it offers well-ordered service, such as blockchain explorer, node provisioning along with enhanced security.

  1.   VMWare

VMW made a profound study to analyze the problems with the present blockchain infrastructure. It is associating with Concord to solve these problems which is a trusted, scalable and efficacious infrastructure for smart contracts implementation and consensus. 

These are the biggies of the BaaA market. There is also another line of service companies utilizing the blockchain to offer products which are based on the current cloud computing platforms. They can be perceived as smaller ventures. Organizations in this league are mostly startups that introduce new offerings every month. They encompass a wide array if Blockchain protocols and provide solutions that are vivid and vibrant.

In a nutshell, though the blockchain technology stack exhibits potential, there is still some time for it to take its mature form and become ready for mainstream enterprise acceptance. 

Read More: IBM Adds More Automation To Cloud Migration Factory, Partners With ServiceNow


google news


Altcoins That Could Challenge The Bearish Divergence This Week




The entire crypto space appears to have fallen into a bearish trap as almost all cryptocurrencies are falling with a wide margin. Bitcoin price is nearing the $45K mark, whereas Ethereum price is hovering around $3200. On the other hand, XRP price has tanked below $1 and Cardano price is just above $2.1. Amid the steep downfall, some altcoins show some signs of a retracement and a quick rebound. 

Curve DAO Token (CRV)

Curve DAO Token price initiated this trade with a double-digit figure but only within 2 months, the price slumped drastically close to $0.3 levels. And since then the altcoin is attempting hard to undergo a massive bull run. But woefully it could just hit $4 amid the 2021 bull run. The price in the past couple of days was consolidating but a notable drop began since the early trading hours. However, the price could drop to the strong support zone around $2.47 and by holding strongly, the CRV price could surpass $4. (FET) price had smashed its highest levels just a couple of days before by ranging above $1.1. However, the price again tanked down below $1 with a double-digit loss compared to the previous trading day. The asset is trading within the buy zone currently which is around $0.5711 to $0.6168. And a rebound at these levels can be expected which could get aggressive hitting $0.6853.

Serum (SRM)

Serum price amid the Solana price rally gained immense bullish momentum to hit new highs each day. However, after trending within the discovery phase, the price just got exhausted and dipped down. The current zone just below $10 could be a perfect resistance to support flip zone and a decent reversal could be possible. If the price flips at this point it could regain bullish momentum yet again. 

Holo (HOT) 

The Holo price is testing the crucial support levels and appears well placed ahead of a flip. The crucial support levels are just placed below the current levels at $0.008587. If the HOT price sustains strongly above these levels, a notable flip could be imminent. However, once the asset flips it could undergo a 2x potential run from the current levels.

Coti (COTI) 

Coti price has gone parabolic to reach the levels close to its ATH. Despite a rejection, yet the price continued to range high close to these levels. As the bears have taken back control, the price has tanked considerably. Yet notable flip may be underway that could rebound with a huge margin to smash above $0.5 levels soon. 

Cosmos (ATOM)

The ATOM price chart is among the most prominent charts in the crypto space. As the price smashed new highs in the past trading day above $44 and experience a slight pullback. Yet, the possibilities of a notable bounce are high as the price is very close to its ATH and refusing to drop drastically. However, many believe ATOM price is capable of smashing a 3-digit figure soon. 

Currently, there is bloodshed in the entire crypto space as almost all cryptos are facing immense drain. No doubt the plunge is expected to remain only for a period of time, yet the upcoming rebound would be important. Amongst all the altcoins, the above mentioned could regain the bullish momentum quickly as the bears fade away.

google news
Continue Reading


Bitgame Launches LUT Lightpaper with a $200,000 Bounty Campaign



Bitgame Launches LUT Lightpaper with a $200,000 Bounty Campaign

With more than 10 years of industry experience, the team behind innovative sports betting platform Bitgame has recently released the Lightpaper of native currency Lucky Tokens (LUT).

Alongside this publication, the team has organized a $200,000 bounty campaign to spread awareness of the blockchain-powered entertainment platform.

Compared to traditional sports betting platforms, Bitgame utilizes the power of blockchain to provide real, transparent, and untamperable results, as well as supporting a large number of cryptocurrencies.

Within the newly-released details of LUT on the Bitgame platform, token holders are rewarded for their participation in the platform and able to share handsomely in the profits of the entire ecosystem. 

Bitgame Leading the Industry

Long overdue for new innovations, Bitgame is following emerging technology trends to lead the online sports betting industry into the future.

Combining extensive industry experience and cutting-edge decentralized infrastructure, Bitgame is able to provide a platform that is safe, reliable, and fair.

These features are the result of applying keen insights into the future of entertainment, especially those looking at the global phenomenon of play-to-earn, which is quickly becoming an important part of the broader entertainment industry.

Additionally, Bitgame recognizes the growing adoption rates of cryptocurrencies worldwide as an important trend to be a part of and therefore supports betting in over 20 of the industry’s largest cryptocurrencies (Bitcoin, Ethereum, Tron, etc.)

Bitgame’s mission is to provide an inclusive, transparent, and fair sports betting entertainment platform. In realizing a primary issue with traditional sports betting platforms is their centralized and secretive nature.

Bitgame has built an entire ecosystem around profit sharing and rewarding user activity and contributions.

As well as hosting the Bitgame team-created platform, this open ecosystem will support user-created Dapps and be geared towards organic expansion. In the future, users will be able to play and bet on an increasing number of games and sports matches on Bitgame.

LUT-Powered Innovation

Although having been trialed and tested on the Bitgame platform for a while, the release of the new LUT Lightpaper marks the beginning of wider circulation for the token.

Lucky Tokens are the native digital currency underpinning the entire Bitgame ecosystem and can be used in a number of different ways, including betting on sports matches, participating in the platform auction house, and being given as prizes.

Of the 1 billion LUT issuance, 70% will be reserved for mining rewards, 10% will be used for community building through incentive rewards, 10% will be used for marketing promotions and as fund reserves for development, research, and legal compliance, and the project team will hold 10% with a lockup time of at least two years to be used for technical development and partnerships.

As part of the ecosystem’s focus on profit sharing, LUT holders will gain a percentage of the entire ecosystem’s profits just by holding the token. A portion of each profits will be distributed into the dividend pool. From there, LUT holders will periodically receive a percentage of the pool relative to the size of their holdings and the rest of the ecosystem. The more tokens a user holds, the larger the percentage of rewards they will receive. This gives a new spin to the emerging play-to-win business model by giving out dividends for ecosystem participation.

Bounty Campaign

To accelerate the adoption of the Bitgame platform, the team has sponsored a $200,000 bounty cross-platform social media campaign.

Users on the Bitcointalk forums are able to take part in the campaign, which requires them to circulate information about Bitgame to their own communities and networks.

Running over 12 weeks, participants will be required to perform specific actions and make certain posts on Twitter, Facebook, Reddit, Instagram, Telegram, YouTube, and TikTok to redeem their LUT.

Additionally, some lucky earners will be further rewarded for their participation by receiving randomly drawn cash prizes.

For more details about the campaign, head over to:


LUT Lightpaper:




Email: [email protected]

google news
Continue Reading


Ripple Vs SEC: The Settlement is Still a No Go for Ripple! High Hopes on Gensler



Bullish Bitcoin Price Predictions - BTC bulls Aim Towards the $50k Mark!

As reported by Fox Business, Ripple’s legal team has no plans to settle the dispute with the Securities and Exchange Commission of the United States (SEC). 

Reporter Charles Gasparino tweeted that Ripple believes that pursuing the lawsuit would persuade SEC Chairman Gary Gensler that it is picking winners and losers in the crypto industry at the expense of innovation.

Supporters of Ripple and XRP are hoping that the new SEC chairman, Gary Gensler, who previously taught cryptography at MIT, will dismiss the XRP litigation. 

They claim that former SEC Chairman Jay Clayton had a conflict of interest. In August, a government investigator began looking into the circumstances surrounding Clayton and senior SEC official William Hinman’s XRP lawsuit.

Gensler has demonstrated that he is open to new ideas. “Do you support responsible innovation?” Senator Cynthia Lummis, a pro-bitcoin member of the Senate Banking Committee, asked him during a hearing last week. “Oh my gosh, yes,” Gensler said right away.

The Chairman has said, Satoshi Nakamoto’s innovation is real, “His innovation sparked the creation of crypto assets and the underlying blockchain technology,” 

He also stated that “it has been and could continue to be a catalyst for change in the disciplines of finance and money.”

Critic Brandt says XRP is a security 

Peter Brandt, a commodity trader with more than four decades of experience, continues to believe that XRP is unregistered security.

Brandt, a long-time Ripple opponent, publicly petitioned the Securities and Exchange Commission to designate XRP as security just two months before the case was filed. He also charged the firm with rigging the price of the contentious cryptocurrency.

However, the veteran trader would own the Ripple-affiliated cryptocurrency “under the appropriate circumstances,” despite the regulatory ambiguity around it.

google news
Continue Reading


Bitcoin in El Salvador – 5 talking points from its official adoption



Bitcoin in El Salvador – 5 talking points from its official adoption

Street protests, technological glitches, and a crypto crash…and that was just the first day.

When El Salvador became the first country in the world to recognize Bitcoin, or BTC, as legal tender, few analysts predicted a smooth transition.

However, the official adoption couldn’t have gone much worse for the Central American country in a chaotic opening 24 hours. Here are five of the key talking points to a historic episode in the history of currency. 

The people take to the streets

Cryptocurrency is hailed as the future of money by some financial experts, but in a country where half the population has no internet access, many people are unsure about what Bitcoin even is. 

The uncertainty is part of the reason why protests broke out across the country at the same time as the BTC launch.

More than 1,000 people protested outside the supreme court in San Salvador, the nation’s capital, setting off fireworks and burning tyres.

Other reasons for opposing the virtual coin include a hostility towards big businesses. Many citizens believe their economy will be exploited by the so-called ‘whales’ – people with large amounts of BTC – to make profit. Other people simply don’t like the volatility of the currencies, with prices sometimes soaring or dropping by over 10% in a single day

However, not everyone is put off by Bitcoin. It’s high accessibility means it’s a way for ordinary people to invest in financial markets – something that’s normally out of reach.

The biggest crypto crash in months

The protestors may have a point about volatility. The last 12 months have seen the price of Bitcoin treble in value to a high of around $61,000 in early 2021, dip by 50% over the summer, and almost double again in August and September. Swings and drops like this might make some people think they’re better off putting their BTC into a Bitcoin-friendly casino, rather than a crypto exchange

Bitcoin stayed true to form on launch day. After starting the day at the $52,000 mark, it plummeted 17% to $43,000 at one point, before steadying itself at around $47,000. 

It was part of a wider crash that saw over $400 billion wiped off the value of the full crypto market. Altcoins such as Ether, Cardano and Ripple suffered their biggest fall in months, as investors were spooked by the shock to the system.

Forecasts for the short to mid-term, though, are mixed. Some experts believe the crash was just a blip before the next step higher for crypto prices.

Others believe that Bitcoin simply isn’t ready to be an official currency, and the ensuing problems in El Salvador will contribute to a long-term slump. 

The government snap up more Bitcoin

The crash did have one small consolation for the country – it allowed them to ‘buy the dip’. Buying the dip is a common investing term for purchasing when prices are cheaper, and this is exactly what the El Salvador government did.

They swooped in to buy an additional 150 bitcoins as prices fell, worth around $7 million. 

The problem is, they had already lost almost a fifth of the value from their initial purchase of 400 BTC (around $20 million) a few days prior. If the price were to drop more, then many will question the wisdom of the government’s investment.

However, for ‘bullish’ believers in the long-term value of BTC, buying at any point below $50,000 is good value. They expect the coin to hit $100,000 soon, on its way to even higher values over the next few years.

Tech glitches force the President to take to Twitter

Ahead of the launch, El Salvador’s President Bukele announced a new national digital wallet, called Chivo, designed to make the transition to virtual money as smooth as possible. 

Come the big day, though, and the wallet’s app was nowhere to be seen on Apple or Android. After a period of uncertainty, the president complained to the online stores via Twitter in a bid to make it available.

The reason was a technical glitch that meant the app couldn’t cope with the influx of new registrations. The government then connected it to more servers to increase capacity and it appeared that the problem was solved.

People start to make BTC payments at major outlets

With the glitches corrected, the day was about to end on a happy note as pictures appeared online of shoppers using Chivo in retailers such as Starbucks to pay for goods in BTC. 

President Bukele posted the images to show the world that the crisis was over, and El Salvador was on the way to the successful adoption that he predicted.

The good news, however, didn’t make the fears about money laundering and security go away. This will be the big test for El Salvador over the next few months – to make the currency work in a climate of fear and distrust. 

google news
Continue Reading


This is what cryptocurrencies were worth this time last year



This is what cryptocurrencies were worth this time last year

When it comes to investing in crypto, it’s easy to get caught up in the short-term. Wild fluctuations, sometimes over 10% of a coin’s value, like the fall in prices among altcoins at the start of September, often influence our thinking and decision-making.

Several experts give advice that follows two key rules: buy low and buy long-term. To back this wisdom up, several major coins are now trading at much higher levels than last year – although it’s important to remember that it may not stay that way. 

Here are the price changes in some of the big coins that you might have your eye on.


September 2020: 10-11,000 USD, now: 47-48,000 USD

The original cryptocurrency has had a strange year. Despite record levels of growth – the coin has more than quadrupled in 12 months – it has also faced a range of issues.

China’s embargo on Bitcoin is probably the biggest, and when its government announced the ban in mid-2021, prices plummeted to 50% of their yearly high. El Salvador’s adoption of BTC, becoming the first nation ever to do so, also gave the coin an unexpected knock as the country’s systems struggled to cope.

Still, there’s no denying Bitcoin’s ability to bounce back from setbacks – and some analysts predict the coin to hit $100,000 in early 2022.


September 2020: 300-400 USD, now: around 3,300 USD

The last year has been a rollercoaster ride for ETH investors, with highs that didn’t previously seem possible. A six-week jump in summer 2020 that almost doubled the coin’s price kicked it off, followed by a 50% dip, and then another doubling as the year ended with crypto prices rocketing.

Consistent rises this year, marked by a couple of sudden drops, have led to the price bobbing between the 3,000 and 4000 USD marks, which represents a stunning x10 value jump in the year.

ETH whales with six-figure investments might feel like they’ve hit the jackpot, with portfolios that probably resemble lottery jackpot wins.

A big reason behind ETH’s success is the rise of NFTs, with sites such as Rarible using it as their main currency to facilitate the trading of the tokens. While the next 12 months by no means offer a repeat of the same, it’s likely that ETH’s price will continue to rise. 


September 2020: 0.10-0.12 USD, now: 2.30-2.40 USD

While BTC and ETH’s rises have been impressive, they pale in comparison to Cardano, otherwise known as ADA, after 19th century mathematician Ada Lovelace. 

The past year has seen it launched in Africa as part of a project aiming to develop the continent’s infrastructure and bring crypto technology to millions of Africans. Ada refers to it as its mission to ‘bring banks to the world’s unbanked’ and could see it become widespread in developing countries.

Billed as a leaner alternative to Ethereum – founder Charles Hoskinson is also co-founder of ETH – Cardano has seen an incredible leap in value – at one point this year, it weighed in at 2.90 USD, a x29 increase.

Over the last few weeks, it’s settled down to around 2.40 USD, but looks set to stay as one of BTC’s main challengers.


September 2020: 42-62 USD, now: 180-190 USD

Referred to as the silver to Bitcoin’s gold, Litecoin’s staying power should never be in doubt. Formed in 2011 by Charlie Lee, many predicted it to fall by the wayside, but it’s kept pace with headline-grabbers Bitcoin and Ethereum.

The last 12 months has seen a quadrupling in value for LTC after it rode the wave of the famous crypto rise of late 2020. It’s also had a good few months, threatening to break the 200USD limit on occasions. 

Like a Rocky Balboa, LTC keeps taking the punches and coming back for more. Could 2022 see it become the number one contender for the crypto belt?


September 2020: 0.0026-0.0032 USD, now: around 0.24 USD

Perhaps the biggest crypto shock story so far. Since its creation at the end of 2013, Dogecoin had often been dismissed as a joke coin – a silly internet meme thought up by Reddit members with nothing better to do.

However, a x100 increase a year later means not many people are dismissing it now. Helped by a somewhat cynical campaign of publicity stunts by Elon Musk, the coin rocketed in value in spring 2021, including a ridiculous rise of 300% in a single day. 

DOGE has since dropped to less than half of its 0.55 USD high, and many predict it to fizzle out – but after last year, who knows what will happen?

Solana (SOL)

September 2020: 2.40-3.50 USD, now: around 158 USD

Solana is one of the youngest blockchains around, with its whitepaper released in 2017, but that hasn’t stopped it turning 2021 into a golden year.

The coin has shown remarkable resilience to several challenges, particularly during the recent altcoin dip where it was the only one not to feel the effects of the China/El Salvador fallout. 

Whether it’s ready to step up to the level of the big boys remains to be seen, but a yearly rise that has seen its value multiply over 60 times is something to take note of.

google news
Continue Reading


TA: Ethereum Plunges to $3,150: Can Bulls Save the Day?




Ethereum started another decline below the $3,400 support zone against the US Dollar. ETH price must stay above $3,150 to avoid more losses in the near term.

  • Ethereum started a fresh decline from the $3,500 and $3,550 resistance levels.
  • The price is now trading below $3,300 and the 100 hourly simple moving average.
  • There is a major bearish trend line forming with resistance near $3,360 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could a steady increase as long as it is above the $3,150 support zone.

Ethereum Price is Eyeing Decent Recovery

Ethereum failed to clear the main $3,500 resistance zone. ETH started a major decline below the $3,400 support zone and the 100 hourly simple moving average, similar to bitcoin.

The price traded below the $3,320 and $3,250 support levels. Finally, ether spiked below $3,200, but the bulls were active near the key $3,150 support zone. A low is formed near $3,156 and the price is now consolidating losses.

An immediate resistance on the upside is near the $3,230 level. It is close to the 23.6% Fib retracement level of the recent drop from the $3,456 high to $3,156 low. The first major resistance is now forming near the $3,320 level (the last key support).

Source: ETHUSD on

The 50% Fib retracement level of the recent drop from the $3,456 high to $3,156 low is also near $3,320. Besides, there is a major bearish trend line forming with resistance near $3,360 on the hourly chart of ETH/USD. A clear break and close above the $3,400 level could start another increase. The next major resistance sits near $3,500.

More Losses in ETH?

If ethereum fails to correct higher above the $3,250 and $3,320 resistance levels, it could start another decline. An initial support on the downside is near the $3,180 level.

The next major support seems to be forming near the $3,150 level. A downside break below the $3,150 support zone could spark a sharp decline. The next major support is near the $3,000 level, below which ether price might decline towards the $2,880 support zone in the near term.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is slowly losing pace in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now well below the 50 level.

Major Support Level – $3,150

Major Resistance Level – $3,320

google news
Continue Reading


TA: Bitcoin Close Below $46K Could Spark Larger Degree Decline




Bitcoin price failed once again to clear the $48,500 resistance zone against the US Dollar. BTC is declining and it could even decline below the $46,200 support zone.

  • Bitcoin started a fresh decline after it failed to surpass the $48,500 resistance zone.
  • The price is still trading below $47,500 and the 100 hourly simple moving average.
  • There is a key bearish trend line forming with resistance near $48,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could continue lower if it fails to stay above the $46,800 support zone.

Bitcoin Price Is Facing Hurdles

Bitcoin price made another attempt to clear the $48,500 resistance level. BTC spiked above the $48,500 resistance, but it failed to continue higher. A high was formed near $48,750 and the price started a fresh decline.

There was a clear break below the $48,000 level and the 100 hourly simple moving average. The price broke a connecting bullish trend line with support near $48,000 on the hourly chart. The last swing high was formed near $48,323 before the price declined below $47,500.

The bulls are now protecting the $46,800 support zone. A low is formed near $46,827 and bitcoin is now consolidating losses. An immediate resistance on the upside is near the $47,200 level. The 23.6% Fib retracement level of the recent decline from the $48,323 high to $46,827 low is also near the $47,200 level.

Source: BTCUSD on

The first major resistance sits near the $47,550 level. It is near the 50% Fib retracement level of the recent decline from the $48,323 high to $46,827 low. There is also a key bearish trend line forming with resistance near $48,100 on the hourly chart of the BTC/USD pair.

To start another increase, the price must clear the $48,000 resistance. The next major resistance is near the $48,500 zone, above which the price could easily rise towards the key $50,000 resistance.

More Losses In BTC?

If bitcoin fails to clear the $48,000 resistance zone, it could extend its decline. An immediate support on the downside is near the $46,800 level.

The next major support is near the $46,280 zone. A downside break below the $46,200 zone could trigger a nasty decline towards the $45,000 level or even $43,800.

Technical indicators:

Hourly MACD – The MACD is slowly gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $46,800, followed by $46,280.

Major Resistance Levels – $47,550, $48,000 and $48,500.

google news
Continue Reading


Cardano (ADA) Trembles, Fall Back to $2 Expected?



Cardano (ADA) Trembles, Fall Back to $2 Expected?
  • A loss of this defence would reduce ADA to $2.
  • Bitcoin rises and altcoins like Cardano (ADA) fall.

Cardano (ADA) has had a fantastic year in crypto. Relating to performance, the ADA has crossed a significant milestone on its way to become one of the top 10 cryptos by market valuation. Every week, the third-largest crypto falls 5.8%.

The crypto underwent a wave, with a big dip on September 7th, followed by a rapid rebound to its current high range. Cardano (ADA) was trading at $2.70, with $2.60, $2.47, and $2.30 providing support. The bears’ last stumbling hurdle is the latter support mark.

A loss of this defence would reduce ADA to $2, according to Analyst Bennet. Cardano (ADA) may potentially rise if the bulls regain higher levels. It continues to trade below a recent trend line. Moreover, Cardano (ADA) seems to be heading down.

Bitcoin (BTC) is the crypto parent. Twelve years later, Bitcoin remains unaffected by newer currencies. Many see Bitcoin as digital gold. Some see Bitcoin as a safe haven for future cryptocurrencies.

Analyst Justin Bennet said:

“As such, Bitcoin’s (BTC) price action could be a determining factor for other altcoins in the crucial days for the entire crypto market.”

Monitor Bitcoin Dominance

ADA may continue its upward trajectory if the bulls regain higher levels. However, as seen, Cardano has been sliding below a recent trend line, increasing the possibility of a weekend drop.

However, there are situations when Bitcoin rises and altcoins like Cardano (ADA) fall. Thus, to minimize risk, the expert-recommended investors monitor Bitcoin (BTC) dominance. Investors seem to be uncertain about the crypto market’s trajectory.

According to CoinMarketCap, Cardano price today is $2.35 USD with a 24-hour trading volume of $1,734,126,865 USD.

google news
Continue Reading

Bitcoin (CORE) DeFi Token Price Upswings Over 50% in a Week


on (CORE) DeFi Token Price Upswings Over 50% in a Week

With a deflationary governance token, CORE, is a decentralized finance system. Also planned are “Automated Strategy Vaults,” which would automate profit-generating methods for staked tokens. claims their governance approach is “the strongest and most involved in DeFi.” CORE token holders vote collectively to modify the protocol, including adding new liquidity pools or removing old ones.

The platform went live on Ethereum mainnet in September 2020, and CORE followed seven days later.

In October 2020, added “0xdec4f” as head of operations. 0xdec4f was a community member and moderator of’s Telegram channel before joining the team. wants to differentiate itself from other DeFi protocols by concentrating on deflationary yield farming. The initiative argues that minting additional tokens to compensate liquidity providers is unsustainable since it devalues the token. It has called this kind of incentive “flawed and short-minded.”

Its called “deflationary farming” by Instead, a 1% fee is levied on token transfers, which goes to liquidity providers. The protocol also prohibits liquidity withdrawal from Uniswap, ensuring a stable market. These built-in safeguards, it claims, will guarantee platform longevity.

CORE Can Never Go Below a Set Price

The development team gets 7% of token transfer fees, while the rest goes to liquidity providers.

Tokens can’t be redeemed for assets like Uniswap pairs, thereby locking liquidity within the system. As a result, users may exchange LP tokens for other assets. The development team claims this results in a “price floor,” meaning CORE can never go below a set price. reports that the development team receives no CORE tokens from LGEs. According to CoinMarketCap, price currently is $14,208.92 USD with $71,128.24 USD trading volume and had a fantastic week. It gained more than 50 percent last week.

google news
Continue Reading


California Ranks Highest as Crypto-Ready Index of US State



California Ranks Highest as Crypto-Ready Index of US State
  • California ranked to be the most crypto-ready US State
  • Unique Crypto related measures has been implemented
  • Installation of BTC and Cryptocurrency ATM’s in the state

California is one of the top states of the United States of America which is on recent trend for its fast crypto adoption services. The state ranks top as the most crypto-ready index of the US for its unique crypto measures.

As cryptocurrency adoption is growing at a fast pace, many countries are better understanding the value of the digital market. Crypto market in California has grabbed the interest of its state’s population. As a result, at present it ranks highest for its crypto-friendly services for its people. 

In a crypto ready index scoring within the US state, California ranks top with a score of 5.72 out of 10. And other states like New Jersey with 5.44, Texas with 5.28, Florida with 5.03 and New York with 4.29. It clearly displays that California is leading the scoring table with 2.54 points higher than other states. 

Moreover, there are some unique crypto related plans being implemented in the state based on the population’s digital interest. California took the initiative to offer its state people to explore the cryptocurrency space. So it integrates many smart metrics focusing on the crypto industry and its services. 

Further, the interest of California crypto users were found by recording the search volume of cryptocurrency in Google engine. The scoring index was listed with a calculation upon these factors. High Bitcoin (BTC) related google searches, cryptocurrency ATM’s and the number of blockchain related payments within the country. 

More so, as per the record California ranks higher for crypto related google searches  per 100K and in the number of crypto ATMs. These two top metrics were the pillars for California to be named as a most crypto-ready jurisdiction in the US state. In comparison with other US states California pops up as the primary state for crypto usages. 

Thus, California becomes the crypto spotlight ranking first for the remarkable crypto ready index. With smart strategies California encourages its people to traverse and utilize the digital world with digital currencies. So, California can continue to support and develop crypto adoption in its state resulting in a massive growth in the market. 

google news
Continue Reading