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Category: Crypto News

  • Top ICOs and Hottest Airdrops You Need To Look Into

    Top ICOs and Hottest Airdrops You Need To Look Into

    We have compiled a list of top ICOs that have the potential to turn into something great

    Active ICOs

    You may not be too behind in catching up on these top-rated ICOs.

    Merchant Token (MTO) is the governing token of the HIPS Merchant Protocol. The HIPS Merchant Protocol and HIPS Merchant Protocol Gateway that plans on incorporating the security features of the traditional card payment industry into the block chain industry while supporting smart contracts. The ICO has a 4.10 positive ranking. The ICO has begun on 1st April and will last through June 2021. The goal of $53,789 has already been met – a testament to people’s trust in the technology.

    BitValve has the aim of becoming the most advanced peer-to-peer cryptocurrency trading platform. The project has the ambitious goal of disrupting the current oligopoly of a select few trading platforms. The ICO has a stable rating of 3.99. It had begun on 2nd January and will end on 14 April 2021.

    CryptoSwap Finance is a decentralized exchange built on Binance Smart Chain. The exchange is aimed to be fast, cheap, and efficient at the same time. The exchange also has a lot of new and exciting features which will set it apart from the crowd. The ICO has a stable rating of 3.68 and had begun on the 29th of March. The ICO is planned to end on the 15th of May 2021.

    Mossland’s aim is to be a bridge between the real and the virtual world. The project plans to create a world where virtual assets are valued in the real world as well. The ICO had started on the 21st of March and will end on the 18th of April 2021. The token is valued at $0.26.

    Counos Coin (CSC) is part of Counos is a set of completely different digital money with Counos Coin being one of the four cryptocurrencies being introduced. The coins are based on a peer-to-peer payment network. The ICO had started in June 2018 and will end in July 2025.

    Upcoming ICOs

    There are innovative ideas coming into the market every day. With so many unique and novel projects going on, it sometimes becomes hard to gauge which has true potential and which does not. Here is a list of some of the top-rated ICOs that are coming up.

    Cere Network has the vision of a global decentralized ecosystem for all actors in the business sphere which it aims to achieve by increasing cross-chain interoperability for a better-connected block chain. Cere is basically a customer relationship management ecosystem built on the block chain of Polkadot. Gear up for the ICO as it is set to begin in 2 days.

    Perlin is a directed acyclic graph (DAG) based block chain which utilizes a new consensus approach – Avalanche – that ensures high scalability. The Perlin network is designed to be able to access extra computational power to utilize it.

    Boson Protocol describes their technology as decentralized autonomous commerce. Boson Protocol aims to automate the ecommerce ecosystem with minimal human intermediaries in order to overthrow the hegemony of specialists that are exploiting consumers. The ICO starts on 7th April with the goal of $4,500,000.

    Equalizer is a platform for connecting borrowers and lenders. Equalizer’s goal is to become the marketplace for flash loans by incentivizing lending. The fundraising goal of the project is $100,000 and the ICO is set to begin on the 7th of April.

    REMCO is the world’s first distributed token generation platform aimed for remittances. The ICO is to be announced soon.

    Past ICOs

    These are some of the hot ICOs that have already happened

    • SensiTrust: A platform aimed to connect professionals and experts for collaboration on projects
    • ARAW is a decentralized payment for the ecommerce ecosystem
    • Telegram Open Network: A cryptocurrency based on multi-blockchain
    • ARROUND: an advertising solution based on the block chain for augmented reality
    • ADAB Solutions is the first Islamic cryptocurrency exchange

    Hottest airdrops

    Here’s a list of some of the hottest airdrops in which you can participate to earn some free cryptocurrencies:

    VINE Protocol

    • Chat with their Telegram bot & joined the telegram group as well as channel
    • Follow VINE on Twitter and retweet their pinned tweet
    • Follow VINE on Medium
    • Submit your details to the Telegram bot and win 500 VINE tokens

    SwissBorg

    • Download their app and register
    • Enter the bonus code “WUUY4TQ” to win 3,000 points
    • Play and win upto $500,000 worth of BTC

    MurAll

    • Visit the MurAll website
    • Connect your Metamask wallet
    • You will be rewarded free PAINT tokens if you are eligible

    BlockFi

    • Visit the BlockFi website and sign up
    • Verify your email and KYC
    • Make a deposit worth $100 and get $10 worth of BTC for free

    Morpher

    • Visit the Morpher airdrop page
    • Click on “Claim your free crypto”
    • Connect your metamask wallet and follow the steps
    • Redeem your free 100 MPH tokens
  • Paxos: Ambitions to become a new & open financial system

    Paxos: Ambitions to become a new & open financial system

    Paxos is, in essence, a regulated block chain platform. The aim is to build an open financial system and they offer plenty of diverse products like cryptocurrency brokerage, stablecoin, gold trading, trade settlements etc.

    In experimental testing, Credit Suisse and Instinet used Paxos’s platform for trade settlements. US-listed stocks were settled on the same day utilizing Paxos services. This was a hallmark victory for Paxos as it marked the first instant of the application of block chain for equities.

    After the success of the pilot testing, the stablecoin operator has announced the application for a clearing agency to the SEC. A clearing agency facilitates trades between buyers and sellers. The application of the block chain technology into the stocks & equities market indicates the growing dominance of the technology.

    Paxos wants to offer a comprehensive list of services in an effort to create a whole ecosystem of crypto-related financial services. The firm has also applied to the SEC to become the first regulated cryptocurrency bank. Although there are no recent developments on the application, Paxos has ventured into other projects as well.

    The ultimate aim of Paxos to become the first regulated crypto service provider seems nearer and nearer every day. Paxos is implementing the block chain technology into real-world problems and scenarios which can further boost the cryptocurrency craze.

  • 5 Cryptocurrencies With New All-Time Highs – (Binance Coin, Tezos, FTX Token, Decred, Ethereum)

    5 Cryptocurrencies With New All-Time Highs – (Binance Coin, Tezos, FTX Token, Decred, Ethereum)

    The cryptocurrency bull run appears to continue with new cryptocurrencies making all-time highs every day. We have compiled a list of cryptocurrencies that have achieved a new all-time high.

    The queen of the market, Ethereum (ETH), has established a new all-time at $2,174. Ethereum had been flirting close to its previous all-time high. At the time of press, Ethereum stands at $2,128. Generally, the queen follows the king of the market closely but breaking the norm, it went higher than expectations by establishing the new record high. The performance of the coin can be attributed to the upcoming ETH2.0 upgrade which will tackle the scalability problem Ethereum is facing along with many other improvements.

    Binance Coin (BNB) has been one of the best performing cryptocurrencies. In the yearly timeframe, Binance Coin has had an 1800% increase in its performance. BNB went up from an average coin to the third ranked in the market. The coin suffered from retracements after establishing its all-time high at around $300 but the bulls have once again picked up and a new all-time high at $388 has been established.

    Tezos (XTZ) established a new all-time high at $6.47 at the time of press. The trading volume of $1,468,277,032 has went up by around 300%. The smart contracts platform which bears resemblance to Ethereum has a market ranking of 29. The coin is still on an uptrend and a continuation with newer all-time highs can be expected. The performance of the coin can be attributed to the major developments going on in the Tezos platform. Blockchain venture studio, Draper GolenHolm, has announced its support for the Tezos ecosystem. The firm has plans of incubating and accelerating startups based on the Tezos network. Furthermore, lugh.io – a French firm – has also launched a stablecoin on the Tezos block chain.

    FTX Token (FTT) has been on an upward trajectory since the beginning of the new year with only minor pullbacks. After every pullback, the coin has established a newer all-time high as it did currently. FTX Token is now operating at a new all-time high price level of $44.84. FTT is the governance token of the cryptocurrency derivatives platform FTX.

    Last but not the least, Decred (DCR) has also established a new all-time high at $194 and the cryptocurrency has stabilized near the all-time high price level. Decred is a block chain based cryptocurrency with the aim to facilitate governance, sustainability and community interaction. The coin is ranked at 50 in terms of market capitalization with a daily trading volume of $31,199,204.

  • Top 5 Losers over 1-Week – (Pundi X, Harmony, Kusmaa, Celer Network, Voyager Token)

    Top 5 Losers over 1-Week – (Pundi X, Harmony, Kusmaa, Celer Network, Voyager Token)

    While the cryptocurrency market has been in a prolonged bull run, the market is as brutal as they come. Despite the major bullish momentum, the market has not been kind to some cryptocurrencies as we take a look into the losers of the week.

    Pundi X (NPXS) is the worst performing cryptocurrency of the weke with a price level of $0.0060 and a daily trading volume of $95,546,625 which went down by 60%. Pundi X is going through a token redenomination where the old Pundi X (NPXS) is swapped for the new Pundi X token (PUNDIX). 1000 NPXS tokens can be swapped for 1 PUNDIX. The redenomination will continue till 29 March 2022.

    Harmony (ONE) has fallen from a top performer coin to a worst performing one. After being on an upward trend for a while and establishing its all-time high at $0.21, the cryptocurrency has been undertaken by the market corrections. Harmony stands at a price level of $0.0027 with a daily trading volume of $180,860,61. The Harmony platform is designed to facilitate the creation of decentralized apps.

    Kusmaa (KSM), too, has fallen from grace as the bears griped the cryptocurrency. After trading at a new all-time high of $482, the cryptocurrency now stands at $447. The market has turned bearish for Kusama as the price has embarked on a descent. However, it is unclear at the moment whether the corrections are minor or Kusama is going to crash. Kusama is pretty similar in its working to Polkadot as it, too, focuses on block chain interoperability and scalability.

    Celer Network (CELR) is trading at a price of $0.073 and the price appears to be falling in the daily time frame. The coin fell from an all-time high of $0.095. Celer Network is now on a downtrend and the weekly performance has deteriorated by 7%. The project is a scaling platform for building applications based on the block chain.

    The final loser of the week is Voyager Token (VGX). The cryptocurrency has been on a downward trend since February and unlike many major coins, it was not able to establish a new all-time high in the bull run as well. The token is priced at $4.10 which went down by 7% in the past 24 hours while the daily trading volume of $12,182,143 decreased by 10%.

  • Top Crypto Headlines and Gainers over 1-Week – (WINk, TurtleCoin, Hashgard, Bitcoin Confidential, NKN)

    Top Crypto Headlines and Gainers over 1-Week – (WINk, TurtleCoin, Hashgard, Bitcoin Confidential, NKN)

    Here are some of the top developments in the cryptocurrency sphere the past week:

    • The queen of cryptocurrencies established a new all-time high at $2174, billionaire Mark Cuban regarding it as the “closest to a true currency.”
    • In the fifth annual FinTech Breakthrough Awards, Celsius – the rewards earning platform – bagged the award for the “Best Cryptocurrency Wallet”
    • The Monetary Authority of Singapore has warned against Bitcoin, citing it a very risky investment while MicroStrategy continues acquiring Bitcoin with a new addition of BTC worth $15 million.
    • While the Indian regulators continue to debate the banning of cryptocurrencies in the world’s second most populous country, the masses demand for cryptocurrencies is only increasing. WazirX – the largest crypto trading platform – has announced the launch of a NFT marketplace. 

    In the weekly timeframe, some cryptocurrencies have portrayed phenomenal performance. Let’s take a dive into the top performers of the week.

    WINk (WIN) is a gaming platform which users can utilize to play games, socialize with other players and stake across other platforms. WINk is currently at the all-time high price of $0.00277 with a daily trading volume of $2,444,537,204. Since the end of March, WINk has been on a steep upward trend. 

    TurtleCoin (TRTL) is another top performer of the week that has been on a steady upward trajectory since the past week. TurtleCoin stands at its all-time high price level of $0.00088. The price saw an increase of 60% in the past 24 hours while the daily trading volume of $27,500,072 has went up by 50%. The cryptocurrency is primarily focused on speed and privacy.

    Hashgard (GARD) has been on a roll since the past week. The cryptocurrency suffered from minor corrections but has resumed its upward trend. GARD is trading hands at $0.000044 apiece. The price has been increasing in the daily timeframe while the daily trading volume of $560,697 went down by 15%. The public block chain is vying for a DeFi revolution by establishing a secure decentralized asset management protocol.

    Bitcoin Confidential (BC) had been pretty much stagnant in the bull run with its performance improving in the past week only. However, the cryptocurrency shot up in the past 24 hours. Bitcoin Confidential coin’s price went up by 100% in the daily timeframe while the daily trading volume of $221,577 increased by 30%.

    NKN (NKN) coin has shown high bullish momentum as the coin surged upwards and established a new all-time high at $0.65. In the daily timeframe, the price of the coin increased by 120% while the daily trading volume of $735,895,629 increased by 400%. New Kind of Network or NKN is a public block chain which allows users to share network bandwidth and internet connectivity.

  • Signal messenger app – taking privacy to the next level!

    Signal messenger app – taking privacy to the next level!

    WhatsApp is one of the most widely used messenger apps but when it was acquired by Facebook and some changes to privacy were made, the masses grew wary – given Facebook’s track record. People started migrating to alternatives that offer better privacy and security features like Signal. The end-to-end encryption of Signal has made it increasingly popular with even the CEO of Facebook, Mark Zuckerberg, following suit and moving to Signal.

    Signal is taking privacy to another level as it announced the launch of a beta version that supports cryptocurrencies. The app will integrate a privacy coin, MobileCoin, to send and receive payments through the mobile application. Mobilecoin, being a privacy coin, ensures the anonymity of all transactions happening on its block chain.

    Signal’s CEO has been heavily involved in the MobileCoin network – serving as an advisor. MobileCoin is only being traded by the cryptocurrency exchange FTX. Other cryptocurrencies can be expected to be incorporated into the application once the beta version has been rolled out. However, being in beta mode the application is restricted only to iOS users in the UK.

    Moxie Marlinspike – the creator of Signal – is a staunch believer of privacy rights and had been exploring the cryptocurrency sphere in order to set Signal apart. In the future, many great things can be expected from the Signal Foundation as they have ambitious plans of taking the privacy to the next level.

  • Ripple (XRP) increasingly bullish as Ripple Labs lands a victory in SEC lawsuit

    Ripple (XRP) increasingly bullish as Ripple Labs lands a victory in SEC lawsuit

    Ever since Ripple Labs has found itself tangled in controversy over the US Securities & Exchange Commission, Ripple (XRP) has suffered badly. The debate over whether or not XRP is a security and had been traded while unregistered continues. However, XRP– after staying stagnant at a price level below $0.30 – started showing bullish momentum as the news of the lawsuit settled.

    As Ripple Labs bags a small victory in the lawsuit, the cryptocurrency surged upwards and broke the strong resistance level of $1, however, the level could not be established as support by XRP. At the time of press, XRP is trading hands $0.97 apiece while the $1 mark is acting as resistance again. However, it has now become evident that the bullish momentum of the cryptocurrency is going strong – making traders hopeful that Ripple will establish itself stably above $1.

    The primary argument of SEC is that XRP – in its working – is dissimilar to Bitcoin and Ethereum while Ripple Lab’s counterargument is the similarity between XRP and the two major cryptocurrencies. To support their argument, the counsel of Ripple Labs had filed a discovery motion aimed at revealing SEC’s documents of Bitcoin and Ethereum to prove their similarity with XRP.

    Magistrate Sarah Netburn has granted Ripple Labs the motion in the $1.3 billion lawsuit. The documents can either be Ripple Labs way out or a dead end – time will tell.

  • $2 trillion crypto market capitalization: The beginning or the end?

    $2 trillion crypto market capitalization: The beginning or the end?

    The 2021 cryptocurrency market bull run has led many coins towards a straight trajectory to the moon. The king of cryptocurrency – Bitcoin (BTC) – more than doubled in value while the queen, Ethereum (ETH), achieved a new all-time high. Other altcoins have been on a roll too, giving double-figure performances and establishing record highs day in and day out.

    Bitcoin is now worth more than $1 trillion while the next five major cryptocurrencies’ market capitalization stands at almost half a trillion. The combined market capitalization has surpassed $2 trillion for the first time. This is a testament to the increasing interest and growing mass adoption of cryptocurrencies. While some people bet on cryptocurrencies because of the high-risk & high-reward features, other wholeheartedly believes cryptocurrencies are going to become the future standard of payments.

    The institutions haven’t been lagging in accepting cryptocurrencies as well. After the hard crash of the 2018 bull run, institutions were some of the most vocal critics of cryptocurrencies but now institutionary giants like PayPal, Tesla, Morgan Stanley and others are leading the crypto adoption race.

    However, there have also been an increase in the growing skepticism about cryptocurrencies. Bitcoin is fast becoming a safe haven asset like gold while it is not at all suitable for the role. The high-risk factor involved in the crypto market has led to governments warning their citizens like the Singapore Monetary Authority whereas the Indian regulators are debating a cryptocurrency ban.

    Moreover, the environmental costs associated with cryptocurrency mining has also been gaining attention. Bitcoin consumes more energy on a single transaction than a British household in two months. Various other comparisons have been drawn to portray the dire situation we are currently in. But, is the growing skepticism in one side going to hinder the growing interest in cryptocurrencies or is it going to fall on deaf ears?

  • Shopify CEO integrating Ethereum’s DeFi protocol?

    Shopify CEO integrating Ethereum’s DeFi protocol?

    The CEO of Shopify, Tobi Lutke, revealed, on his Twitter handle, his growing interest in the decentralized finance sphere of Ethereum. Lutke had been exploring the Ethereum world to better understand its working. Could this mean an integration of Shopify with Ethereum can be soon in the works?

    Lutke furthered the discussion by asking and poking around NFTs, DAOs and Oracle services while also taking feedback from followers about their expectations from ecommerce related opportunities and Shopify’s role in it. Shopify CEO also argued that Shopify’s mission perfectly aligns with decentralized finance as Shopify is primarily going against centralization. Lutke had his mind brimming with opportunities in the DeFi sphere but no further details were revealed. Suffice it to say, something might be in the cooks at Shopify and we may expect a huge announcement soon.

    Shopify is one of the leading ecommerce platforms and a market share exceeded only eBay and Amazon. The ecommerce giant’s integration with DeFi protocol could further accelerate the cryptocurrency race.

  • From a crypto sceptic to staunch believer: Billionaire Mark Cuban

    From a crypto sceptic to staunch believer: Billionaire Mark Cuban

    The American entrepreneur, Mark Cuban, is a cryptocurrency believer. Cuban has revealed his cryptocurrency portfolio comprising 60% Bitcoin, 30% Ethereum, and 10% other altcoins. The billionaire believes Ethereum (ETH) to be the “closest to a true currency” while citing Bitcoin as a better alternative to gold. Per the entrepreneur, Bitcoin is better suited as a store of value and a safe haven asset – like gold but better. And Ethereum, with its scalability, is ideal for transactionary demand – making it a viable currency.

    The tech billionaire hadn’t always been big on cryptocurrencies. Cuban has been vocal about the absence of any intrinsic value of Bitcoin, at the same time, he compared Bitcoin to gold – stating both gold and Bitcoin will serve to real purpose to an average investor, rather pose problems because of their complications. Cuban’s comment “I’d rather have bananas” on Bitcoin and gold had become quite famous.

    Now, with the cryptocurrency market in a boom primarily due to the popularity of the decentralized block chain technology, the billionaire like many others have had a shift in fundamentals and is now a staunch believer of cryptocurrencies as well as their underlying technology. Cuban pointed out towards the decentralized technology of cryptocurrencies and how that has the potential to become the “next big thing” in a growingly connected world.