Analysts caution against a potential “buy the rumor, sell the news” pullback for ETH while historical data shows that the price tends to rise following major network upgrades.
Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
- A DeFi startup incubator program will enable select blockchains to quickly attain high levels of liquidity
A new incubation program targeted at early-stage DeFi platforms will see them reach their desired levels of liquidity through co-financing and multi-coin farming.195
A centralized exchange is going decentralized, and is creating an environment where all cryptocurrencies can be traded easily, irrespective of which blockchain they’re based on.422
Out of 1,021 U.S.-based crypto owners, one-third have already fallen for a crypto scam via emails, websites and fake mobile apps.4068
“After an attempted attack yesterday, some serious hashing power was unleashed today at 11:46 am and attackers are succeeding,” said Lucas Nuzzi of Coin Metrics, referring to the Bitcoin SV chain.36276
It’s not like I didn’t get NFTs before. I just *really, really* get them now.8186
Artificial intelligence has been used to create an NFT collection inspired by CryptoPunks — and it’s quirky to say the least.1593
How a Skill-based, Play-to-earn game hopes to help stabilize the NFT market.3574
What will ease the burden of DeFi users and remove some of the barriers to entry for newer market participants? This project sees the future of DeFi as multichain co-existence.4650
Bitcoin price rejection at $42,000 means BTC is now trying to find new high lows, but at what price levels?17786
A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021–2025.7795
The high value and unique rewards system that nonfungible tokens offer is a revolutionary and highly appealing opportunity for musicians.6964
This layer-two protocol says it is bringing cross-chain privacy to digital assets by enabling account balances and transaction amounts to be encrypted.3064
As hard as it is for women to enter the DeFi space, several notable women give their perspectives on their goals and aspirations in the industry.7745
Blockchain technology won’t just make online donations easier, it will pave the way for exciting new forms of charity fundraising.2595