Category Archives: zycrypto.com

Advertisement &nbsp &nbsp On-chain analysis provides a bird’s eye view of capital flows on the blockchain. On-chain analysts have consistently pointed to Uniglo as the leading presales based on one simple metric: capital allocation. Crypto enthusiasts from across the ecosystem rush to participate, and Flasko, Big Eyes, and IMPT holders have all begun targeting this[Read more…]

Advertisement &nbsp &nbsp The Oryen Network’s Initial Coin Offering (ICO) gained the favour of its early holders as it amassed 110% profits in mere weeks after its first phase started. The incredible stats prove the unique features that make Oryen stand out. The network is on the path of revolutionizing DeFi. What puts Oryen Network[Read more…]

Advertisement &nbsp &nbsp Gate.io, in partnership with Aramanino LLP, has made its Merkle Tree Proof of Reserves solution, this being the second successful audit. The two firms conducted the first audit in 2020, which saw Gate.io become the first exchange to perform PoR worldwide. Aside from cryptographic Merkel Trees, the audit solution comprises certified third-party[Read more…]

Advertisement &nbsp &nbsp The cryptocurrency market has been attempting a price recovery after crashing hard in the last few days. According to data from crypto market intelligence platform Santiment, Ethereum sharks and whales have been the leading contributors to the price surge with their accumulation. Per Santiment’s data, Ethereum addresses holding between 100-1 million Ether[Read more…]

Advertisement &nbsp &nbsp On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had[Read more…]

Advertisement &nbsp &nbsp A new report shows a 41% spike in creating new blocks on the Bitcoin network.  Bitcoin consumes 0.16% of global energy usage and is responsible for 0.10% of the world’s carbon emissions, termed “negligible”.  Regulation hovers around the mining circles as the European Union is set to use energy efficiency labels for[Read more…]

Advertisement &nbsp &nbsp An open call for strategic partners and investors to lead Super Protocol’s next round has been issued. Super Protocol is an Intel SGX-powered decentralized platform designed to make confidential computing accessible to a wide audience of application developers. To facilitate the next generation of decentralized cloud services, Super Protocol is developing a[Read more…]

Advertisement &nbsp &nbsp In a tweet on October 31, seasoned price action trader Justin Bennett asserted that Tether (USDT’s) dominance has to break its upward trend for the latest crypto rally to continue. While Bennett concedes that there are other stablecoins, he asserts that USDT remains at the top.  Notably, traders often see stablecoin flows[Read more…]

Advertisement &nbsp &nbsp Binance CEO Changpeng Zhao mentioned India’s high crypto taxes as something that can kill the Indian cryptocurrency sector. He said this while speaking at the Singapore Fintech Festival. “India has high tax which is probably going to kill the industry,” he said. He was referring to the 1% transaction tax and 30%[Read more…]

Advertisement &nbsp &nbsp The crypto market has a few crypto assets looking poised for a stellar breakout in adoption and price performance and are worth looking out for in November and December. Among these are Polygon (MATIC), Cardano (ADA), and Solana (SOL). MATIC has been soaring on the back of several bullish ecosystem announcements. For[Read more…]