Interest in so-called layer 1 tokens heated up during November as several top blockchain protocols pushed incentive programs, while gas fees on Ethereum network remained near all-time highs. “Layer 1″ refers to blockchains that run independently of other blockchains – as contrasted with “layer 2″ solutions that aim to speed up transactions on existing blockchains…
Year: 2021
Binance Coin Just Became an Almost Perfect Deflationary Asset, With Over 500 BNB Tokens Burnt in the Past 24 Hours Since the Bruno Upgrade
[Sandbox’s SAND Coin Keeps Retail Frenzy Alive With a Potential Adidas Partnership and the Upcoming Rewards Galore at the Sandbox Alpha Event] Binance Coin Just Became an Almost Perfect Deflationary Asset, With Over 500 BNB Tokens Burnt in the Past 24 Hours Since the Bruno Upgrade Binance Coin (BNB), the native cryptocurrency on the Binance…
Binance Smart Chain implements ongoing burn like Ethereum’s EIP-1559
– Binance Smart Chain has successfully concluded the Bruno Upgrade v1.1.5 earlier today.- The upgrade has activated BEP95 to burn a fixed ratio of Binance Coin collected by each validator.- The Bruno Upgrade, was a hard fork that increased the speed of the full node sync by 60%.- Analysts are bullish on BNB, predicting a…
His Excellency Ambassador Justin Sun Is Going to Space in 2022
His Excellency Ambassador Justin Sun Is Going to Space in 2022 “His Excellency” Justin Sun is off to space – and he’ll be representing Grenada when he’s up there. No, Cryptonews.com isn’t making this stuff up (although we wish we were).Per a tweet from the Tron (TRX) founder, “six months ago,” he was “lucky enough…
Blockchain Safety First: Poloniex Recovers Bitfinex Stolen BTC
Some of the main concerns the crypto era faces are safety and security.The great innovation of digital assets offers many benefits for its users, such as anonymity, but the same tools can also be used with ill intentions.For this reason, the best crypto-related platforms are the ones that can offer trust and safety, like the…
Wall Street set for mixed open as investors weigh up Omicron impact
LONDON (Reuters) – European shares edged higher on Wednesday and U.S.stock futures pointed to a mixed open for Wall Street, as more countries announced restrictions to reduce the spread of the Omicron variant but investors bet that the impact would be limited.Europe’s STOXX 600 was up 0.1% on the day 1232 GMT and the MSCI…
A crypto evangelist shares his 8 favorite altcoins for 2022 — and the key catalyst needed for bitcoin and ethereum to reach record highs | Markets Insider
Cryptocurrencies had a great 2021 but have slipped lately.Jack Taylor/Getty Images The crypto influencer David Gokhshtein’s bitcoin and ethereum price targets have missed.But the longtime bull is betting on a big-time rebound in 2022 if regulation decisions crystallize.Here are Gokhshtein’s eight favorite altcoins and why he thinks they’ll have a strong 2022.Life as a cryptocurrency…
Dollar slips while Aussie and Norwegian crown outperform
NEW YORK (Reuters) – The euro, Australian dollar and other currencies recovered against the U.S.dollar as traders turned more positive about the economic outlook on Wednesday, even as Omicron cases rocketed and investors braced for more volatility.Risk appetite has improved since Monday, when markets were rattled by government restrictions relating to the spread of Omicron,…
Bitcoin ETFs in Europe & Canada Remain Popular Even With US ETFs Widely Available
Bitcoin ETFs in Europe & Canada Remain Popular Even With US ETFs Widely Available Interest from investors in bitcoin (BTC) -backed exchange-traded funds ( ETFs ) and the closely related exchange-traded products (ETPs) listed in Canada and Switzerland has remained high, despite bitcoin futures-backed ETFs now being available in the US, trading data compiled by…
Today on Wall Street: Deja-vu?
Equity markets rebounded quite strongly yesterday, with Wall Street ending a three-day slide with strong gains that left almost no sector unaffected.Taking advantage of their natural leverage on market movements, technology stocks fared best, thanks to the gains of tech giants Apple, Microsoft, Amazon, Meta, Tesla and Alphabet.If Nvidia sustains its growth pace, we may…