Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by […]

Go to Source

Powered by WPeMatico

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote TeamWhen Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping […]

Go to Source

Powered by WPeMatico

The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work

The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-WorkAt the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and […]

Go to Source

Powered by WPeMatico

Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge

The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings will be PoW tokens, which is a […]

Go to Source

Powered by WPeMatico

Crypto Markets Take Deep Losses, Global Trade Volumes Skyrocket, Elon Battles Crypto Twitter

Bitcoin and a slew of digital currency markets are seeing significant losses on Sunday as a majority of coins are down between 2-15% during the last 24 hours. The entire crypto-economy has dropped more than 6% and bitcoin dominance is down to 40% the lowest the metric has been in two years. Crypto Markets Face […]

Go to Source

Powered by WPeMatico

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit GainsCrypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]

Go to Source

Powered by WPeMatico

A Look Back at the Top Cryptocurrency Markets From Christmases Past

A Look at the Top Cryptocurrency Markets From Christmases PastThe cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship […]

The post A Look Back at the Top Cryptocurrency Markets From Christmases Past appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Top Ten Altcoin Markets of 2014 – How Are They Faring Now?

The Top Ten Altcoin Markets of 2014 - How Are They Faring Now?With the number of altcoins listed on Coinmarketcap reaching 1,640 as of this writing, the question begs – how will all of these altcoin markets perform in the long term? When looking back four years at a historic snapshot of the leading markets from June 1st, 2014, one can see that only two of the […]

The post The Top Ten Altcoin Markets of 2014 – How Are They Faring Now? appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

5 Years Ago You Should Have Bought Bitcoin, Not Altcoins

5 Years Ago You Should Have Bought Bitcoin, Not AltcoinsWith seemingly endless new altcoins claiming that they will change the world whilst generating exorbitant returns for investors, it can be highly informative to sometimes get a bird’s eye view of longer-term altcoin performance by digging through the annals of Coinmarketcap’s historic snapshots. When looking at a historic snapshot from May 12th, 2013, by far […]

The post 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

What Is PeerAssets?

TheMerkle PeerAssetsThere are many facets of cryptocurrency in which most people will never show any interest. Until now, there has been virtually no talk about PeerAssets, even though this particular Peercoin-related venture should not be overlooked by any means. It certainly offers some interesting advantages when it comes to creating new digital assets. What is PeerAssets? On paper, PeerAssets – or PA – is a new cryptocurrency asset-creation protocol. Unlike its more complex counterparts, PeerAssets is designed to be both efficient and affordable at the same time, though it has all of the basic functionality including voting rights. This new blockchain-agnostic asset

Go to Source

Powered by WPeMatico