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0 CommentsBitcoin price is stuck today, but several data points suggest it won’t be for too much longer The price of Bitcoin is stuck, fluctuating inside a narrow trading range with futures markets remaining flat nearing all-time lows. Why is Bitcoin price stuck? Bitcoin price is going through an unusually calm period, with several volatility indicators reaching…
173 ViewsSmart contracts should be viewed as “proof-of-concept” rather than as critical for universal adoption. That may mean exploring alternatives. Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption. Being overzealous about any kind of innovation…
159 ViewsWLD price may get anchored to $2 until October, primarily due to its initial supply distribution. The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges. On July 29, the WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50….
158 ViewsBitcoin’s market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different? Bitcoin’s percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week’s altcoin market rout. On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC’s weight against…
162 ViewsEthereum Foundation’s previous big sale of ETH preceded a bear market, but there’s little evidence that such sales affect the general market trend. On May 6, Ethereum Foundation transferred nearly $30 million in Ether to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event. ETH price fell 4.8% to $1,900 on the…
195 ViewsDevelopers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security. The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other…
