Latest Market News
Solana has taken the market by storm in recent weeks after being able to surge by a whopping 232% over the past month. The cryptocurrency had spiked above $50 earlier today but has since dropped slightly as it trades at $47.66, at the time of writing.
What does 2021 have in store for Bitcoin, Ethereum and the rest of the cryptocurrency and blockchain world?
The adoption of blockchain technology is expanding across a slew of industry sectors, with evangelical communities playing a large part in this success. The value proposition behind these networks has attracted many users, intrigued by the tech, the team, and the disruptive potential – not to mention the potential profits from owning the native token. Here are five of the most influential blockchain communities driving mass adoption of distributed ledger technology.
North America’s leading tech e-retailer Newegg announced recently that it’s now accepting Dogecoin as an official payment method. Newegg started accepting Bitcoin already in 2014 and has now expanded their cryptocurrency support to the most famous “meme coin” on the market as well.
Cent, a platform that uses blockchain technology to give content creators a way to distribute and monetize their content, has integrated Polygon’s scalability technology into its Valuables product.
Despite the lethargic price action in Bitcoin, exchange tokens have still managed to surge by a total of 79% over the past month as they climb toward the $125 billion market cap level in total.
Leading cryptocurrency exchange Coinbase was listed on the NASDAQ stock exchange last week, bringing plenty of attention to the cryptocurrency and blockchain space. Now, traders have another way of speculating on the company’s stock, as Coinbase stock options are now available for trading.
Through the years and cycles of Bitcoin in existence, many new price prediction tools have been developed. One of them is the NVT or “Network value to transactions ratio”.
Raising startup funds can be a herculean task for entrepreneurs and companies. This is where the idea of IPOs or Initial Public Offerings comes from. Investors interested in helping the business scale, usually, would buy the shares of the company during when its shares offering are being offered for sale.
Dogecoin is now up by an incredible 465% over the past week of trading as the cryptocurrency now trades at around $0.42. The growth of Dogecoin in recent weeks has been absolutely outstanding with the help of billionaire investors such as Elon Musk and Mark Cuban.
