Saturday, February 4

Tag: altcoin

What you should know about the highs and lows of BNB and its chain
Cryptocurrency

What you should know about the highs and lows of BNB and its chain

In the course of the BNB Chain Revelation Summit on 31st May, BNB Chain announced the release of a technical roadmap. As stated by the team, the roadmap has been developed to aid the network’s decentralized structure, infrastructure capacity for side-chains, and potential for developer-built decentralized applications (dApps). The team also claimed that with this technical roadmap, over the next few months, there will be updates and improvements made. Read Also: Three Best Ways to Earn Passive Income with Crypto in 2022. For example, the introduction of META Apes on the platform, the creation of its Metaverse, a reduction in the number of its validators to 41 through the BEP-131 proposal, and an increase in the chain’s block gas capacity to 200 million by the 3rd quarter of this ...
Charles Hoskinson Says Cardano Will Disclose “Amazing” Features of Input Endorsers Next Week 
Cryptocurrency

Charles Hoskinson Says Cardano Will Disclose “Amazing” Features of Input Endorsers Next Week 

Cardano’s development team has proceeded to develop the network to enable it to rival the top blockchains in the industry. In spite of the wonderful performance of Cardano in late years, the development team is in no mood for rest as they proceed to construct new infrastructure and protocols to make the network more scalable. Read Also: XRP Turns 10: Here's How It Started While the community is still anticipating the important characteristics that will be rolled out along the Vasil Hard Fork later this month, Charles Hoskinson, the founder of Cardano, has teased about the amazing features that will be added to the network’s Input Endorsers upgrade. According to a recent tweet made by Hoskinson, the Cardano development team discussed the features that will be added to the Input...
How To Buy Altcoins With A Credit Card In Five (5) Easy Steps
Crypto Guides

How To Buy Altcoins With A Credit Card In Five (5) Easy Steps

There are quite often opportunities in the cryptocurrency market that require a quick response. Although, depositing funds into an exchange through a bank or e-wallets can take many hours or even days. The quickest and simplest way to purchase cryptocurrencies is therefore by credit card I’m to inform you that in this article, the simple ways will be revealed. Read Also: How To Get A Bitcoin Address Credit Card Fees – What Are the Types? Although buying altcoins with a credit card is simple and fast, it comes with fees that can be higher than other methods such as bank transfers. When using a credit card, we may be charged the following costs: Transaction fees – The fee charged by cryptocurrency exchanges for card transactions is usually higher than for other payment meth...
Terra to burn 1B UST from the community pool as holders vote for it
Cryptocurrency

Terra to burn 1B UST from the community pool as holders vote for it

In the quest to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, the Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response to this, users proposed the burning of the 1 billion TerraUSD (UST) that was stored in Terra’s community pool and the remaining cross-chain UST that’s deployed on the Ethereum blockchain as incentives. Read Also: Charles Hoskinson stresses Cardano’s focus on doing only regulated business As stated by the proposal, the burn will help “reduce the outstanding bad debt of the Terra economy.” Apart from this, it’s also expected to play a significant part in restoring the UST dollar peg by eliminating a big chunk of ex...
Polkadot Recovers Another 7% In Spite Of Bitcoin Slumps Below $30,000: Weekend Watch
Cryptocurrency

Polkadot Recovers Another 7% In Spite Of Bitcoin Slumps Below $30,000: Weekend Watch

While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000. Bitcoin has stayed just under and around the $30,000 level after the recent huge volatility that brought the asset south by five digits. Most altcoins are quite camped on a daily scale, with a few exceptions which include Polkadot, Bitcoin Cash, and Monero. Read Also: What Is Ethereum? Simple Guide for Beginners Bitcoin Stands Still Below $30K The past ten days were nothing short of a volatile rollercoaster for bitcoin and the rest of the market. The largest digital asset stood close to $40,000 before it plummeted by $4,000 in a day. It dumped furthermore in the next couple of days and found itself struggling to remain above $30,000 by May 11. Notwithstanding, i...
Terra (LUNA) Trading Volume Spike 200% as Market Correct To a Death Spiral
Cryptocurrency

Terra (LUNA) Trading Volume Spike 200% as Market Correct To a Death Spiral

Despite the risk in Terra’s trade, Terra’s insane volatility still serves as an attractive market for many short-term investors – majorly because LUNA momentarily gained 600% in value on May 14th. It required just 7 days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 12th. As the market slowly got clarity on what transpired, the trading volume of LUNA witnessed a steep recovery roughly above 200% over the weekend. Read Also: Ways To Avoid Whales From taking Over Staking Discloses By The C0-Founder, Vitalik Buterin Because of UST de-pegging which crashed the LUNA market, LUNA investors reflected the price dip as CoinGecko recorded the decline of trading volumes to $178.6 million recorded the fall down of trading volumes to $178.6 millio...