Cardano is known for its scientific approach to building a fair, sustainable, and decentralized network. A Kraken report called Cardano, a Nakamoto-style cryptocurrency with a Bitcoin-like supply model that deflates over time. In fact, the Cardano foundation has been citing its bullish predictions for its native token. However, it is to be noted, the price […]

The ethereum founder Vitalik Buterin warns the President of Russia Vladimir Putin that if he decides to invade Ukraine, the results will harm humanity as tensions mount over the chances of Russia invading Ukraine so let’s see more what he had to say in our latest Ethereum news. Vitalik Buterin is the founder of Ethereum […]

The world’s prominent derivatives marketplace, CME Group announced yesterday that the platform saw a sharp rise in activity across SOFR futures and SOFR options.

On January 10, NFT marketplace LooksRare issued its token – $LOOKS – and airdropped it to the community. The next day, the platform exceeded $115 million in trading volume, surpassing OpenSea as the highest traded NFT marketplace.

Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains recorded so far in February are additional proof of this. Small Cap Index Takes The Lead The whole of the crypto market had suffered from the downtrend that began in December. However, the second week of February had come to some reprieve with double-digit gains across bitcoin and all of the indexes. The small, mid, and large cap indexes have all returned gains so far, but the small cap has taken the leading, showing increased bullish momentum in the smaller cap altcoins. Related Reading | Bitcoin Steadies Above $45k, US Inflation Comes In At 7.5% Year Over Year Just two weeks into February, the small cap index has seen gains as high as 19%. This is a huge step-up for the index after it closed out January as the worst-performing index, seeing accelerated losses compared to its counterparts. The tables have now turned as the gains for the small cap index have been 4% higher than all of the others. Small cap index returns highest gains | Source: Arcane Research Bitcoin, the mid cap, and the large cap index all returned doubled-digit gains for January. Most of the gains recorded were from a single week that saw prices surge across the crypto market. What About Bitcoin? Bitcoin has no doubt also returned impressive gains for its investors in the same time period. It may not be as high as the small cap index but still remains one of the top gainers n the space. It follows the move of the market sentiment from extreme negativity back into the positive. Momentum picking up has also helped in this case. Related Reading | JPMorgan Puts Bitcoin At $150,000 In The Long-Term, But What About Its ‘Fair Value’? The Digital asset is now trading above its 20-day moving average but remains low on the 50-day average. At its current point, the next resistance for the asset to break lies at $45,240. However, a break above a second resistance point at $46,712 is what will really solidify its entrance into another bear rally. Until then, it will likely continue to hover between $43,000 and $44,000. BTC starts another recovery trend | Source: BTCUSD on TradingView.com On the support side, bitcoin’s break below $43,000 will see its next support at $42,790. Not a far-off point, but if it does not hold then another decline to $40,000 may be imminent. Nevertheless, the digital asset has shown strong sell signals around the 50 and 100-day moving averages. Unless buyers make significant headway in holding up the price of bitcoin, bears are more likely to take over, pulling bitcoin into another stretched-out downtrend. Featured image from Forbes, charts from Arcane Research and TradingView.com

A free demo of Neon Kite is available now on the Meta Quest. I love extreme sports as much as the next adrenaline junkie, but I’ve never been brave enough to try kiteboarding. For those unfamiliar, kiteboarding is an extreme sport in which a rider harnesses the power of the wind using a special kite […]

The post VR Kiteboarding Is Your Next Big Obsession appeared first on VRScout.

DUBLIN–(BUSINESS WIRE)–The “Human Augmentation Market with COVID-19 Impact Analysis by Product Type, Functionality, Application, & Geography – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The human augmentation market is estimated to be worth USD 131.7 billion in 2021 and is projected to reach USD 341.2 billion by 2026, at a CAGR […]

The post Human Augmentation Market Global Forecast to 2026: Wearable Devices to Account for Largest Size of Human Augmentation Market Throughout Forecast Period – ResearchAndMarkets.com appeared first on Fintech News.

The crypto market has been on a recovery trend lately. Even with the market crash, it had already marked a year of massive returns for investors in the space. As is expected with a space with high volatility, crypto assets had begun to crumble in value. But despite the profitable year for cryptocurrencies, a subset of crypto tokens had made their mark as the assets with the highest returns, and they don’t look to be stopping anytime soon. Gold-Backed Tokens Surge These gold-backed assets have helped to increase the liquidity of gold by enabling the ownership of small fractions of gold. Physical gold is somewhat limited in its supply and tokens like this have provided an avenue for investors to get in on the millennium-old asset. These tokens follow the price of a commodity, gold in this case, in the same way, that stable coins follow the price of the fiat currency they are pegged to. Related Reading | Crypto Market To Drop 80% Like Early Internet Company Stocks?, Why This Analyst Thinks So Unlike gold ETFs, gold-backed crypto tokens allow investors to own a part of a physical gold bar, whereas investors are mainly betting on the price of gold with ETFs. Furthermore, investors are able to redeem their gold-backed tokens for physical gold whenever they want. These characteristics have drawn more and more investors to these commodity-backed crypto tokens and as a result, the price of these digital assets has grown tremendously. So much so that these assets have been able to outperform the crypto market at large. Gold-backed tokens outperform crypto market | Source: Arcane Research Two of these gold-backed commodities have recorded the highest growth; Tether Gold (XAUT) and PAX Gold (PAXG). These two crypto assets have grown to a market cap of $409 million and $358 million respectively, marking a significant growth year for each asset. Beating The Crypto Market Even with the crypto market marking several bull runs in 2021, gold-backed tokens have managed to outperform the market. In 2021, the overall crypto market had grown a total of 150%. In contrast, the gold-backed token market surged as high as 360% in the same time period, returning more than twice that of the broader crypto market, with PAX Gold and Tether Gold leading the charge. Crypto total market cap at $1.95 trillion | Source: Crypto Total Market Cap on TradingView.com Other commodities-backed crypto tokens have also begun to gain prominence in the market. Others have emerged that have been tied to silver, palladium, and even oil, but all of these have been met with obstacles that they have found hard to scale, stunting their growth. Related Reading | Why Is Talent Leaving Silicon Valley For Crypto Companies? Recruiters Explain Nevertheless, the gold-backed tokens have shown that commodities-backed tokens do have a future in the market. With growth expected to continue across the crypto market, these tokens may be on their way to being one of the most profitable subsets of crypto investments in the space. Featured image from Finance Magnates, charts from Arcane Research and TradingView.com

Ethereum, Solana and the rest of the altcoin market is leading the tumble in prices.

American Stockbroker Peter Schiff has once again speculated a fall in Bitcoin prices. In a tweet made minutes before the time of writing this article, the Bitcoin critic criticized mainstream media houses like CNBC for ignoring the 2% drop in Bitcoin’s price in the face of a crisis, when gold was up by 2% to $1863, which is its highest price in the last three months. He also said that had the situation been reversed, CNBC would be constantly talking about it. Many Other Than Peter Schiff Predict a Fall in Bitcoin Prices Over the Weekend Incidentally, Peter Schiff is not the only one speculating a drop in Bitcoin’s price. With the U.S. urging its citizens to leave Ukraine amid the threat of a war with Russia, many have been left wondering if this will lead to a fall in Bitcoin’s price. Schiff, in one of his tweets made a few days ago, had said that gold was a potential alternative to Bitcoin and it was a safe investment. The situation between the U.S and Russia has been deteriorating rapidly as there have been speculations about Russia planning to invade Ukraine over its growing inclination towards the European world. Experts predict that if there is indeed a war between these two giants, it would take a massive toll on Bitcoin’s prices. If that happens, the bull run for Bitcoin would be short-lived after it managed to crawl its way back to $45,000 after falling to $33,000 last month.    

The post Peter Schiff Speculates Bitcoin Price Fall Amid Heightened Geopolitical Tensions appeared first on Cryptoknowmics-Crypto News and Media Platform.

Company's Chrome and Android technologies continued to be target-rich environments for security researchers from around the world.

IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and leo token (LEO) both rally by […]