The unexpected announcement by Elon Musk that prospective Tesla car buyers will no longer be able to pay with Bitcoin sent the world's most valuable token plunging earlier this week. Ethereum also faced a bearish period after some analysts questioned the ability of this token to achieve meaningful…
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All About Kusama Cryptocurrency and Blockchains
Kusama is a network of specialized, scalable blockchains with KSM as its native cryptocurrency. They build the network with Substrate, which powers Polkadot. Kusama bills itself as a shadow network for Polkadot, not a testnet. It does, however, let validators see how Polkadot’s validation functionality works. It also lets…
Recent Concerns About Ethereum Trading
The world's second largest cryptocurrency in terms of market capitalization failed to break through the $4,000 pricing level this week, thus prompting some traders to contemplate whether Ethereum has what it takes to hold on to its privileged spot on the market. Since November, Ethereum has taken…
Dogcoin Volatility and the Appearance of Elon Musk on SNL
After Tesla Motors founder and CEO Elon Musk appeared on Saturday Night Live, the cryptocurrency known as Dogecoin experienced a vertiginous drop on major exchange platforms. As with other shakeups in the digital currency markets, there were winners and losers in the Dogecoin saga, and the time has come to…
Bitcoin Volatility Behavior Is in the Eye of the Beholder
When it comes to taking positions on major digital currencies such as Bitcoin, traders know that volatility is implied; it is not only dialed in but also highly expected. Active traders, who happen to be the most numerous participants in the cryptocurrency markets, actually thrive on this volatility because it…
Compensation is On Its Way After the EasyFi Cyber Attack
Decentralized finance (DeFi) may be the hottest trend in the cryptocurrency world, but that does not make it impervious to cybercrime. If anything, you could argue that DeFi projects are at greater risk of being hacked now because they are constantly in the news cycle, and hackers always love to…