Coinbase – Ethereum May Confirm Its Primacy in the Smart Contracts World

It may be too early to call the Ethereum (ETH) project dead. However, an analysis recently shared by Coinbase experts brings exciting information on the subject. Although the new solutions appear valid, it is not confident that they can become “Ethereum Killers”. This article analyzes the main aspects of the analysis by evaluating the consequences for the market. The Coinbase analysis The primary reason the alternatives to Ethereum succeeded is straightforward: ETH suffers from high network congestion. To reduce the…

The Complicated Launch of New Cardano-Based DEX SundaeSwap

After a long wait, many Cardano blockchain supporters saw SundaeSwap launch on the market a few days ago. This decentralized exchange (DEX) is the first experiment on the entire Cardano network. However, as we will see in this article, SundaeSwap has disappointed the first expectations of the market. Therefore, this article will analyze the SundaeSwap initiative and its initial problems that made traders nervous. Beyond these complaints, we will look beyond this initial DEX stop. In particular, we will propose…

China – Investors Think It Is Almost Time to Buy Bitcoin

It took Bitcoin price around three months to fall by 50%, and investors wonder how low it can go. While this is not the most profound decline in BTC price, it certainly caught the market attention.  As experts discuss the reasons behind the fall, traders are proposing a more practical approach. Today, in particular, we will take a look at the opinion of Chinese investors on the matter. As a first step, we will briefly analyze the recent price decline…

Turkey – the Lira Crisis Is Leading to a Bitcoin Boom

The Turkish lira crisis is leading many investors to look with interest to the world of cryptocurrencies. The data shows how the increase in people who convert the Turkish currency into Bitcoin (BTC) has never been higher. This article will provide more details regarding what is happening in the Turkish currency market. After this premise, it will be easier for readers to understand the success of BTC in the country. The Lira crisis – A sad tale of high inflation…

Solana Experiences Another Outage Due to Network Congestion

In recent days, the Solana network has registered another outage linked to the congestion of its network. It is not the first time the system has suffered from these problems, and the market is starting to worry. Today we will better understand the problem of network congestion, starting from the functioning of Solana Mainnet Beta. Solana is not the first blockchain to find itself in this situation, but the market hopes that newer systems will solve this problem. About Solana…

Here’s Why Bitcoin Needs Proof-Of-Work and NOT Proof-Of-Stake

A prominent crypto figurehead thinks Bitcoin needs proof-of-stake to stay afloat. The precise opposite is true.     Ben Armstrong  – a crypto investor and YouTuber of over 1.45M subscribers – had a bold take for Bitcoiners this Sunday. As stated to his 792k Twitter followers, he predicted the premier blockchain would “have to change” from using proof-of-work (POW). The creator claimed that an ever-growing environmental lobby would eventually get “too loud” for the mining industry to persist. Meanwhile, he cited…

Crypto Prices Moved Higher Following Powell’s Congress Testimony on Inflation

Just a few days ago, the crypto world was looking with interest at the testimony of Jerome Powell in front of the U.S. Senate. The Chairman of the Federal Reserve appeared in front of the Committee on Banking, Housing, and Urban Affairs on January 11th. The testimony inaugurated the beginning of Powell’s second term leading the Federal Reserve. As the inflation rate appears to pick up in the Western world, many are looking at the Fed to learn about its…

How Meta (And Other Big Tech) Could Ruin NFTs For Everyone

Facebook (now Meta) did everything it could to maintain its monopoly in all its history. Could it do the same with NFTs? NFT investors are ecstatic as major social media companies finally come out with major NFT integrations. Twitter, a significant hub for NFT users, was the first to roll out the feature. NFT owners can now showcase their NFT profile pictures with a particular hexagonal shape. That way, users can instantly see whether that Bored Ape picture is legit…

Are We Quite Sure That Ethereum Isn’t A Security?

The Securities and Exchange Commission (SEC) remains hazy on which cryptocurrencies are “securities'', versus “commodities”. Even Ethereum isn’t out of the woods.    The SEC is notoriously slow at providing regulatory clarity for the crypto industry. Besides its strange hostility toward permitting a Bitcoin spot ETF, the commission refuses to classify which cryptocurrencies are securities. Instead, SEC chairman Gary Gensler continues to make vague statements on the matter that shake confidence in every altcoin holder. In a September conversation with…

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