Month: January 2022

Crypto Updates

Bitcoin Faces Hurdle, Why BTC Could Resume Downtrend

Bitcoin struggled to clear the $38,800 resistance zone against the US Dollar. BTC is moving lower and might decline below the $35,000 support level. Bitcoin started an upside correction but failed to clear the $38,800 resistance zone. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break…

Market Updates

TA: Ethereum Holds Strong At $2.5K: Indicators Show Fresh Increase

Ethereum is holding the $2,500 support zone against the US Dollar. ETH price could rise towards the $2,750 level unless there is a move below $2,450. Ethereum managed to stay above the $2,480 and $2,500 support levels. The price is still trading below $2,550 and the 100 hourly simple moving average. There is a key…

BTC Updates

Here’s Why You Should Invest in Crypto as Early as Possible

In recent years, crypto has transformed from a niche tech community into a trillion-dollar industry. An increasing number of investors and users are entering the space, and while the crypto market is still in its infancy, it will not last that way forever. Hence, individuals seeking to boost their portfolios should start investing in crypto…

BTC Updates

Asian Company Uses Blockchain Technology to Prevent Fraud With COVID-19 Vaccines

The Asia-based medical services company Zuellig Pharma has developed a blockchain platform to improve its vaccine tracking service and prevent accidents that could compromise the public’s health. eZTracker, Zuellig Pharma’s management system, guarantees the authenticity of vaccines, preventing the smuggling of medical products and the misappropriation of vaccines and supplies during their official distribution. How…

Cardano ADA

В сети Cardano развернуто более 1000 смарт-контрактов

На базе Cardano уже развернуто 1000 смарт-контрактов. Это рекорд для сети, которая развернула поддержку этой технологии в сентябре 2021 года Проект Cardano активно развивается в последние месяцы. Разработчики внедряют обновления и улучшают сеть, чтобы увеличить скорость обработки транзакций и, соответственно, повысит пропускную способность и масштабируемость. Одним из событий, внесших наибольший вклад в сеть Cardano и ответственным за это достижение, стало обновление Alonzo ,…

Cardano ADA

Introducing Cardence Incubator Program – Cardano Feed

Cardence is an ecosystem which supports crypto projects throughout its lifecycle. Apart from other features, Cardence is also an accelerator as well as Incubator for Cardano focused projects. By accelerator we mean that we accelerate the journey of projects from conceptualization to execution. By incubation , we mean that we nurture idea stage projects to…

BTC Updates

Criminals Laundered $8.6 Billion Worth of Crypto in 2021: Chainalysis Report

The blockchain-based data platform – Chainalysis – estimated that the total cryptocurrency value laundered in 2021 was $8.6 billion – 30% more than 2020. According to the company, though, such an increase is somewhat expected given the considerable growth of the asset class in the past year. Crypto Money-Laundering Is on The Rise In its…

Crypto Updates

Has Bitcoin Reached Its Bottom? Analyst Says It Still Has A Long Way To Go

Bitcoin has had a rollercoaster of a month in January. The digital asset which enjoyed much success in 2021 has walked into 2022 with bloody feet. Since then, it has managed to crumble more than 50% of its $69K all-time high. As nerves run high, investors scramble to make sense of when the onslaught will…

Cardano ADA

Cardano addresses with 10K to 1M coins buy an additional $55M worth of ADA

Cardano investors have been expanding their holdings during the recent market correction. The accumulation comes despite small traders staying away from the market due to the fear of a bear market. On-chain data shows that some large ADA wallets had doubled their holdings in the past few weeks following the crash. ADA crash attracting large…

Cardano ADA

Cardano (ADA) is almost at full capacity following Sundaeswap DEX launch

The Cardano (ADA/USD) blockchain has recorded an increase in activity over the past two weeks. This follows the launch of the Sundaeswap decentralized exchange (DEX) on the blockchain. Sundaeswap is the first DEX on Cardano since the latter introduced smart contracts in September. While activity on Cardano has spiked significantly, users have remained unimpressed. Cardano…