Amazing Crypto

Category: Altcoins

  • Analyst: Chainlink shows hints of bullishness as the crypto market faces turbulence

    Analyst: Chainlink shows hints of bullishness as the crypto market faces turbulence

    It’s no secret that Chainlink was one of the best performing cryptos throughout 2019, with LINK clocking parabolic gains that are typically only seen during firm bull markets. It is important to note that LINK’s parabolic rally in 2019 was much more than simply a fleeting upwards market cycle, as the crypto’s bullishness has been…

  • What investing $1 daily in BTC, ETH, and XRP would have made you

    Investing as little as $1 every day into Bitcoin over five years would have yielded an incredible 12x return. According to James Todaro, the managing partner at Blocktown Capital, an investment of $1,858 into Bitcoin would now be worth over $22,000 even when accounting for Bitcoin’s violent price swings. A dollar a day keeps bankruptcy…

  • Blockstack reports insane user growth, but crypto analysts think it’s a money grab

    Blockstack – a “decentralized computing network and app ecosystem” – announced in a recent blog post that they hit a massive network milestone of acquiring one million users on the platform, allowing them to unlock $6.8 million in additional funding, per the terms of their 2017 crypto token offering. It is important to note that…

  • John McAfee: Bitcoin is the “True Shitcoin” and the “Hotmail of Crypto”

    John McAfee is most well-known as the founder of the antivirus software company McAfee. However, he is also an avid cryptocurrency supporter. Despite this, it now appears that he is not a fan of Bitcoin. Instead, he said that Bitcoin is the “true shitcoin” and “old” technology. McAfee says Bitcoin is “ancient technology” This news…

  • Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?

    Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?

    The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with a healthy dose of caution, however,…

  • Staking rewards for ALGO and ATOM coming to Binance.US

    Binance.US has announced the launch of staking rewards on its desktop and mobile app. Staking rewards will be available for Algorand (ALGO) and Cosmos (ATOM) in February for Binance.US users, with more PoS coins to be added soon. Binance becomes first U.S. marketplace to offer staking rewards for ATOM and ALGO The world’s largest cryptocurrency…

  • Cardano announces new release for Yoroi Wallet

    Cardano announced the launch of the Yoroi Shelley extension 2.4.0 for both Chrome and Firefox users. The release comes with several new features, including the ability to undelegate their ADA from a stake pool and a faster wallet resync process. Yoroi Wallet gets a new update and a slew of new features Yoroi, the first…

  • IOHK working hard on making Cardano a commercial product

    Significant efforts are being made to transition Cardano from a science project to an actual commercial product. According to Charles Hoskinson, the CEO of IOHK, heavy efforts are currently underway both at IOHK and at the Cardano Foundation to push product marketing and develop the commercial side of the blockchain. In a recent update, Hoskinson…

  • Everybody’s Staking But Who’s Using Proof of Stake Blockchains?

    Everybody’s Staking But Who’s Using Proof of Stake Blockchains?

    The primary use case for staking blockchains is staking. That is their raison d’être, and thousands of cryptocurrency holders have utilized this provision to increase their holdings by earning staking rewards. As the total amount of staked tokens trends towards 80% for some blockchains, however, it raises questions as to what other utility these chains…

  • Cardano’s latest Shelley Incentivized Testnet update focuses on stability

    The Cardano team has been working hard on maintaining and improving the Shelley Incentivized Testnet. As part of their newly established community outreach program, the company said it introduced a new version of the Jormungandr Node, v.0.8.7, to reduce technical debt and ensure a more stable network. Network stability remains the number one priority for…