Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

PrimeXBT Lead Analyst Kim Chua: Dot and KSM Ready To Surge As Parachain Slot Auctions Nears

Polkadot (DOT), the blockchain much touted as the ETH-killer, will finally be on its way to hosting projects on its blockchain in the coming three months. While the exact timing has not been fixed, it is estimated to begin once its canary chain, Kusama (KSM), completes its fifth parachain deployment. What exactly is DOT, KSM, the parachain slot auction and why will the slot auction be positive for the price of DOT and KSM? DOT is the native token for the Polkadot blockchain with smart contract capability that uses a new proof-of-stake consensus mechanism that is vastly different from the other proof-of-stake blockchains out...

Cryptocurrencies, Ethereum, Featured, Polkadot, Trading

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Tether Tokens (USDt) to Launch on Avalanche

Tether Tokens (USDt) to Launch on Avalanche

Largest stablecoin by market cap will launch natively for Avalanche’s DeFi ecosystemTether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Avalanche, an open-source platform for launching highly decentralized applications, new financial primitives and interoperable blockchains.Avalanche is a decentralized smart contracts platform built for the scale of global finance. The protocol is designed as a highly scalable ecosystem with the aim of delivering near-instant transaction finality...

DeFi, Press release, USDT

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StackOS Named as a Decentralized Cloud Provider for Neo Ecosystem

StackOS Named as a Decentralized Cloud Provider for Neo Ecosystem

NEW YORK, NY May 03 2021 (Blockchain Wire) StackOS, an open protocol that allows individuals to collectively offer a decentralized cloud, has announced that it has entered into a strategic partnership with Neo, the most feature-complete blockchain platform for building decentralized applications. To cement this new relationship, StackOS will play a pivotal role during the Neo Hackathon, which will kick off in the middle of May.Launched a little more than a week ago, $STACK has since increased its market capitalization to just under $10 million. StackOS is an infrastructural protocol that allows developers to deploy and...

Neo, Press release

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Is Ripple Going To IPO?

Is Ripple Going To IPO?

A leading cryptocurrency company, Ripple has not given up plans to launch an IPO despite the recent legal battle with the regulators in the US. The former chairman of SBI Group (Strategic Business Innovator Group, the group of financial services companies behind Ripple based in Tokyo, Japan) said that no regulatory framework yet exists for this market and there is no “focused regime” in place like traditional financial markets or securities markets.The news is coming after it overtook the demand of the Stock Exchange Commission (SEC) which it is contending with. Garlinghouse suggested in January 2020 that Ripple will eventually enter the...

$XRP, Cryptocurrencies, Featured

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SafeMoon Is the Fastest Growing Cryptocurrency Ever

SafeMoon Is the Fastest Growing Cryptocurrency Ever

MCLEAN, VA Apr 24 2021 (Blockchain Wire)SafeMoon has the potential to be bigger than Bitcoin. It’s founded by veteran John Karony with a goal to make the cryptocurrency market more democratic.SafeMoon is a community-driven, fair-launched DeFi token. It aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Every trade contributes towards automatically generating liquidity locked inside PancakeSwap LP. Holders earn passive rewards through static reflection as they watch their balance of SafeMoon grow indefinitely. The company focuses on three simple functions...

Cryptocurrencies, Press release

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What is behind the Dogecoin boom

What is behind the Dogecoin boom?

The Dogecoin phenomenon is not something that could have happened without the support of its dedicated community, coders, investors, and pioneering sellers. All of those contributions came together to make this new type of cryptocurrency come to life as we know it today.Who Is Behind Dogecoin?The origin of Dogecoin’s development is a mystery that has been heavily debated by members of the community. Initially, Dogecoin’s source code was a modified version of Bitcoin’s code, developed by Billy Markus, who is an Australian developer and developer advocate for digital currency startups. These types of programmers are highly sought after...

$DOGE, Cryptocurrencies

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bitcoin cash vs bitcoin

Bitcoin Cash Vs. Bitcoin: What is the difference?

Does Bitcoin cash have advantages over Bitcoin? If you’re new to the crypto world, you might not even know what Bitcoin Cash is. Basically, Bitcoin Cash (BCH) is a cryptocurrency branch created from the original Bitcoin currency. It came into being in August 2017 after a fork on the original blockchain by miners who weren’t happy with the way things were going. There are also some important differences between Bitcoin and Bitcoin Cash, and you should consider them if you’re thinking about investing in either one.What is Bitcoin Cash?Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash....

Bitcoin, Bitcoin Cash

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Sologenic Launches DEX: One Step Closer to Allow Users to Trade Tokenized Stocks 24/7

Sologenic Launches DEX: One Step Closer to Allow Users to Trade Tokenized Stocks 24/7

Sologenic announced the launch of its DEX allowing users to trade Cryptocurrencies, and the upcoming Sologenic’s Tokenized Assets such as Stocks, ETFs.TALLINN, ESTONIA Mar 31 2021 (Blockchain Wire)  Sologenic announced the launch of the highly anticipated Sologenic Decentralized Exchange (DEX) on the blazingly fast and secure Blockchain, XRP Ledger, allowing users to trade Cryptocurrencies, and the upcoming Tokenized Assets such as Stocks, ETFs, and commodities from top global exchanges 24/7 from every corner of the globe.The Sologenic DEX is an advanced decentralized trading platform that allows users to trade...

Cryptocurrencies, Exchange, Press release, Trading

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Thomas Carter, Stepping into the Future with DealBox and TNS

Thomas Carter, Stepping into the Future with DealBox and TNS

DALLAS, TX Mar 31 2021 (Blockchain Wire) Jan 6th, 2021, when cryptocurrency breached $1 trillion in market capitalization, was predicted by Thomas Carter, solidifying his reputation as someone who could foresee trends in the market. Carter also gained respect in his industry by creating DealBox in 2018. He possesses a unique ability to analyze investment platforms and regulatory compliant tokenized securities and see their potential. DealBox’s success since 2018 has been considerable, as it has generated millions in annual sales under Carter’s leadership. Key to its growth has been its production of state-of-the-art...

Cryptocurrencies, Press release, Tezos

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Charles Hoskinson

Charles Hoskinson: ‘there will be more than 100 companies switching from Ethereum to Cardano’

According to data tracker CoinMarketCap.com, Cardano’s market valuation rose to around $34 billion this year from around $5.6 billion last year.Charles Hoskinson, a 33-year-old who appears to be a PhD student before crypto mania took over his life, is the creator of Cardano.Cardano’s meteoric rise over the last three months has piqued the interest of some of the most savvy cryptocurrency investors.“We will see a big investment in the next year, a hundred companies will build on Cardano, and only one on Ethereum.” – Charles HoskinsonHe’s become something of a crypto rock star, with a 105,000-subscriber...

#ADA, Cardano, Featured

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