Trading volumes at the major crypto exchanges fell by 42.3% in June after the price of Bitcoin hit a monthly low of $28,908. Despite the dramatic drop, the trading volume is still much higher than a year ago. Cryptocurrencies are suffering a two-month correction period following a series of negative news. By the crypto market…
The most famous altcoin – Ethereum – has long contested for the title of the most in-demand cryptocurrency, essentially aiming for the bitcoin’s crown. But for ETH to break through it requires a network upgrade to ETH 2.0 – and that seems to be a problem. On July 2, a unique transaction was recorded on…
On July 12, the Kava Project will launch its next testnet. While not exactly a large-scale event, it is still a good reason to take a closer look at this project. The mission of the Kava Project is to become a universal intermediary between various DeFi networks, as well as between the world of decentralized…
According to a company statement, the financial index provider S&P Dow Jones has launched five new cryptocurrency index products, bringing its total number of crypto indices to eight. It’s the first major expansion of S&P’s crypto benchmarking tools since entering the market in May. Headlining the tranche is a “broad digital market (BDM)” index that…
Could blockchain technology become something more than a basis for digital money and applications for various activities, from commerce to governance? Is it possible that the entire Internet will be based on distributed ledger technology? Today, there is a lot of conversations about different concepts of Web 3.0 – after all, the Internet is evolving,…
The crypto community, like any other large community, has its own myths and legends. Among them is the opinion that the American dollar will soon lose its significance and depreciate due to the crippling inflation, and then the crypto will become the main world currency. Let’s dispel this illusion. In the spring of 2020, at…