Bitcoin (BTC) is the largest, most well-known, and most prominent coin in the cryptocurrency space. It is often regarded as a blue-chip cryptocurrency representing 40% of the outstanding $1 trillion in crypto assets. Since its creation and introduction in 2009, Bitcoin has grown massively in popularity and adoption, with an estimated 46 million adult Americans …
Is The Daily Trading Volume of Bitcoin Wildly Inflated? Read More »
Chairman Michael Saylor is the founder and former CEO of the American business intelligence, data tracking, and cloud-services company MicroStrategy (MSTR). Saylor was previously CEO of MicroStrategy but recently stepped down on 8 August, leaving the job to Phong Le in order to focus on MicroStrategy’s Bitcoin plans for the future. Saylor is known as …
Michael Saylor Sued For Allegedly Evading District Taxes For Over Ten Years Read More »
Ethereum is one of the world’s most prominent and widely known blockchains. Ethereum can be used to exchange digital assets as well as the base for smart contracts and decentralized applications (dApps). The cryptocurrency and blockchain were launched on 30 June 2015 by Vitalik Buterin and quickly gained popularity and momentum. Since the launch of …
Ethereum Forks | Will Ethereum Classic Benefit From The Upcoming Merge Read More »
Wall Street as well as the Cryptocurrency world closely watched Federal Reserve Chair Jerome Powell’s remarks at the Fed’s Jackson Hole Economic Summit on Friday. Powell’s comments painted a picture of continuous rate hikes and put an end to the hoped-for “Fed Pivot” in which some bullish investors believed that falling inflation and a faltering …
On 15 August, the multibillion-dollar asset management fund VanEck released a statement containing its bullish outlook on Cosmos’ ATOM token. Their thesis rested upon: “the power of the Cosmos SDK, the revolutionary importance of IBC, the clear product market fit of the Cosmos Hub, and the strong token value accrual.” A major issue affecting the …
Asset Manager VanEck, Issue $140 Price Target on ATOM Read More »
Coinbase, one of the world’s largest and most prominent cryptocurrency exchanges, announced plans Wednesday to launch a new wrapped and staked Ethereum ERC-20 token called cbETH. The exchange will be listing cbETH on the Ethereum network as an ERC-20 token, allowing customers to use staked Ether (ETH) while earning rewards on the exchange. This announcement …
Coinbase Launches Wrapped Ethereum ERC-20 Token Called cbETH Read More »
Algorithmic stablecoins are stablecoins pegged to real-world assets through algorithms and smart contracts rather than asset-backed stablecoins, which are pegged by holding cash and common cash equivalents. These algorithms often control the supply and demand of a certain coin to maintain its 1:1 peg. By using code and smart contracts to maintain a peg, algorithmic …
BendDAO is a borrowing protocol where borrowers use NFTs to take out Ether loans rather than cryptocurrency collateral. The lenders of this ETH can then earn interest on deposited funds. There are currently only six groups of NFTs that are recognized by BendDAO as NFTs able to be locked in as collateral. This group includes …
BendDAO Makes Emergency Proposal During Credit Crisis Read More »
Kraken is the 4th largest cryptocurrency exchange by trading volume and now supports over 110 coins on its network. In 2020, Kraken became the first exchange to receive a banking license from the state of Wyoming. This made Kraken able to offer fiat services along with digital assets. In addition to Kraken’s use as a …
Kraken Discusses Risks Surrounding Ethereum’s Proof of Stake Transition Read More »
Since reaching a low point of around $4.80 in June, Filecoin has regained ground, mainly through its incentive program Filecoin Plus (Fil+). Acting as the most prominent driver behind most of the blockchain project’s growth, many are worried about the future of Filecoin once the program loses steam. Founded by Filecoin Labs in 2017 and …
Can Filecoin Continue To Grow Without Its Incentive Program Read More »
© 2022 Platypus Terminal | Terms of Use | Privacy Policy | Disclaimer | Cookies Policy
© 2022 Platypus Terminal | Terms of Use | Privacy Policy | Disclaimer | Cookies Policy
Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Anything discussed is for informational purposes only and does not address the circumstances or needs of any particular individual or entity. Investing in Cryptocurrencies is high risk. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
