Showing posts from October, 2022

TOP 10 Crypto coins to invest in to get maximum Profits by the end of 2023

According to Mark Tencaten , the rising demand for cryptocurrencies is proof that the industry is getting a lot of attention. The investment in these virtual currencies is profitable because they provide large returns. The existence of so many cryptocurrencies makes sense. The main challenge is deciding which ones to invest in. By 2030, Mark Tencaten   predicts that the cryptocurrency sector will be valued at about US$250 trillion. But Bitcoin will only use a small portion of this. Crypto coins like Ethereum or Solana will control the greater portion of this enormous market. Finding the top cryptocurrencies worth investing in the year 2023 can be difficult because there are already over 22000 coins accessible. The top 10 cryptocurrencies highlighted by Mark Tencaten to invest in for maximum returns by the end of 2023 are: 1.     Bitcoin The maximum number of coins in Bitcoin Cash is 21 million. Additionally, it slows down mining by roughly 50% every four years, indicating that th

Mark Tencaten - Some positive news that can reverse the bearish trend of the crypto market

According to Mark Tencatan, cryptocurrency has remained gloomy for all financial markets. Data on US CPI inflation that was higher than anticipated have rekindled concerns that interest rate increases will continue to dominate the world economy. Last month, Bitcoin (BTC) lost more than 6% of its value and could not sustain support at $22,000 despite successfully breaking over the level in the middle of the week. Bitcoin is still consolidating at the $19,400–$20,100 price range, which has served as support for several months. There is a chance that Bitcoin will regain $22,000 if markets recover the losses in the coming weeks. Mark Tencaten claims that the culmination of Ethereum's (ETH) Merge last month, which means the network will no longer depend on a proof-of-work (PoW) consensus protocol, was a historic day for the cryptocurrency industry. Ethereum, the second-most valuable cryptocurrency in the world, just finished a significant software upgrade that promised enormous envir

A New Chapter in the LINK Economy: Chainlink Staking

The decentralised oracle network's future is examined by Crypto Briefing as Chainlink token staking prepares to go live later this year. Key points: ·        In order to fuel DeFi apps, Chainlink, the leading decentralised oracle network in the cryptocurrency industry, provides pricing data. ·        The network intends to introduce a node delegation and token staking system. ·        The upgrades may contribute to Chainlink being more secure and decentralised, thus reviving interest in the venture. What is Chainlink? According to Mark Tencaten Chainlink is a decentralised node network that uses oracles to deliver data and knowledge to blockchain smart contracts from off-chain sources. A smart contract can use Chainlink's oracle network to get the external data it requires, such as the price of Bitcoin in US dollars. When an eligible oracle responds to a request from a contract, a Chainlink Aggregation Contract gathers all the information from the oracles and rec

10% increase in Coinbase shares thanks to meme traders and a BlackRock cryptocurrency transaction

  After the cryptocurrency exchange announced collaboration with BlackRock that would enable its institutional clients to purchase Bitcoin, shares of Coinbase shot up on Thursday. Shares of Coinbase have rocketed a massive 10% in a single day. Early in the day, shares were trading at an increase of up to 40% before stabilising throughout the day. Clients of Aladdin, BlackRock's portfolio management platform for institutional investors, will have access to the services under the firm's Prime offering. Trading, custody, prime brokerage, and reporting services for cryptocurrencies will be offered by Coinbase. With more than $8 trillion in assets under management, BlackRock is the largest asset manager in the world. According to alternative data firm Quiver Quantitative, the ticker COIN also surpassed GameStop in terms of popularity in the WallStreetBets conversation channel on Reddit on Thursday. According to a statement by Joseph Chalom, global head of strategic ecosystem p