Dogecoin Gets First Update Since 2019 in Light of Surging Demand

Dogecoin’s developers have released a new version of the protocol's software, including a number of important performance improvements.

Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust

The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional finance.  On Feb.

Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Grayscale eyes alts such as Cardano, Aave, Chainlink for new investment products

Over the last few months, Grayscale Investments has become one of the most important participants in the cryptocurrency market.

Generation Bitcoin is still on course

Thanks to the likes of MicroStrategy, PayPal, and yes, Elon Musk, Bitcoin and cryptocurrencies have increasingly become an important part of the mainstream financial market.

Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021

Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network. Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing transaction costs on the Ethereum network.  While a lot of the focus in decentralized finance (DeFi) has been on the creation of a sprawling multichain ecosystem following the recent emergence of Binance Smart Chain and Avalanche, those who wish to stay on Ethereum have turned to layer-two solutions like Loopring as their preferred method of escape. A recent report from Delphi Digital has identified Loopring’s decentralized exchange (DEX) as one of the top layer-two contenders, as it has already settled $590 million in volume in 2021.

Bitcoin Tests USD 50K, Ethereum and Altcoins Drop

Bitcoin price is down over 10% and it broke many important supports near USD 55,000 and USD 52,000.

Is Bitcoin's volatility making its importance felt again?

Volatility has been an important aspect of Bitcoin over the years.

Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania: Hodler’s Digest, Feb. 14–20

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Bitcoin price must now hold above these levels to break $60K

It's important for Bitcoin to hold above $50,000 for more upside.

Voting evolved: Blockchain tech outshines paper ballots and e-voting

The right kind of synergy between blockchain and biometrics will unleash the power of decentralized voting. Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process.

Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions

US Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing.

Price analysis 2/19: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM

Bitcoin’s rally to a $1 trillion market cap could attract more buyers to the crypto sector and boost the price of several altcoins. Bitcoin (BTC) price finally reached a $1 trillion market capitalization on Feb.19, which is an important milestone because as BTC gains size, the digital asset will continue to attract new institutional investors who will consider allocating a portion to their portfolios. Glassnode data suggests that high-net-worth individuals are continuing to pump money into Bitcoin.

Cosmos launches Stargate, paving the way for interoperable DeFi applications

IBC is finally released, allowing the dozens of Cosmos blockchain projects to communicate with each other. After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC. Announced on Thursday, the Stargate upgrade includes a series of improvements to the Cosmos protocol and its Software Development Kit. The most important of Stargate’s features is IBC, the interoperability layer for Cosmos blockchains.

Bitcoin Cracks $52K On Coinbase As Momentum Gathers For $1 Trillion

Bitcoin is about to perform its most important feat yet: achieve a market cap of over $1 trillion.

Here's how Bitcoin turned an important corner before breaching $50k

After news broke out last week regarding Tesla's $1.5 billion investment in Bitcoin, the cryptocurrency was at the end of one of its biggest price hikes in recent memory after it surged by 18.45% in a The post Here's how Bitcoin turned an important corner before breaching $50k appeared first on AMBCrypto.

Mainframe-rebrand HiFi launches fixed-rate lending protocol

The new entrant into DeFi lending hopes to stand out with unique collateral types and features. HiFi — the recent rebrand of onetime decentralized application platform Mainframe, which is focused on decentralized finance — announced today the launch of a fixed-rate DeFi lending platform.  “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug Leonard in a press release.

India crypto ban is like banning internet, says former Coinbase CTO

Former Coinbase CTO Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet." Former Coinbase CTO Balaji Srinivasan thinks India’s impending cryptocurrency ban would be akin to banning the internet and could cost the country trillions in potential profits. Speaking in an interview with The CapTable, Srinivasan said a blanket ban on Bitcoin (BTC) and other cryptocurrencies would simply redirect trade revenue into nearby Asian markets, amounting to a “trillion-dollar” mistake for India: “It’s really important that the ban (India’s plan to ban owning, trading, mining or investing in cryptocurrency) should not go through.

Can banks be their own bank? Deutsche Bank, BNY Mellon plan custody services

Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable. As multiple banks prepare crypto custody services, holders now have to flip an old Bitcoin saying on its head: are the banks prepared to be their own (and others') bank?  Last week BNY Mellon, the oldest bank in the United States, announced they would be providing custody solutions, ceding to pressure from institutional investors.

Tesla buys BTC, Mastercard supports crypto, DOGE founder speaks out: Hodler’s Digest, Feb. 7–13

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Privacy in blockchain and crypto is a major concern for users, study reveals

Privacy is still one of the most important features of cryptocurrencies for traders according to data.

Bitcoin whale clusters pinpoint $44,214 as the key near-term price level

Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally. Bitcoin (BTC) whale cluster data shows that $44,214 is the key near term level that the dominant cryptocurrency needs to defend. As Cointelegraph reported, in the last 24 hours, Bitcoin saw a sell-off after reaching a new all-time high at around $48,000, with the price shedding almost 8% and dropping to as low as $43,750 on Binance. Why is this level important for more BTC upside?  Whale clusters form when whales or high-net-worth investors purchase Bitcoin at a certain price level and do not move them. These levels often act as support or resistance levels because whales are more likely to buy more BTC at the level they are holding from or sell at breakeven. Bitcoin whale inflows.

BTC bounceback, ETH’s ‘legit crisis,’ Elon Musk’s DOGE stunt: Hodler’s Digest, Jan. 31–Feb. 6

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Uniswap may be king, but ignore SushiSwap at your own risk

To best understand the crypto-space, it is also important to understand the notion of competition that drives it.

Crypto to Fiat Payments: How Do They Work and Why Are They So Important

The text below is an advertorial article that was not written by Cryptonews.com journalists. At the end of 2020 and the beginning of 2021, amidst the growth of Bitcoin (BTC), the most capitalized cryptocurrency, the digital currency market attracted a fair number of new users.

Following Balancer V2 protocol announcement, yield farming still in development

The team is awaiting community input to determine the parameters of V2's liquidity mining Automated market maker Balancer announced today a widely-anticipated second version of its decentralized exchange protocol, featuring a host of upgrades centered on “security, flexibility, capital efficiency and gas efficiency"  — but yield farmers are left wondering about the all-important liquidity mining details, which are still in development.

Cointelegraph announces the Top 100 Notable People in Blockchain 2021

From the obvious to the esoteric, the philanthropic to the acquisitive, and the publicity hounds to the anonymous...