Tag Archives: Neo

Bitcoin Pops Above $3,700 As Crypto Market Flashes Green

Bitcoin Pops Above $3,700 As Crypto Market Flashes Green

The cryptocurrency market is making an emphatic return today after days of low volatility, with the price of bitcoin briefly surpassing $3,700 alongside other major coins printing double-digit gains in the past day. Litecoin (LTC), the world’s fourth-largest cryptocurrency by market cap, led the charge by surging just over 40 percent from its opening price of […]

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin Move Past $3,700 Resistance as Crypto Market Recovery Continues

Bitcoin, the flagship cryptocurrency, has recently seen its price move past the $3,700 resistance after enduring a series of sell-offs this month that saw its price drop from a high of about $4,100. Its jump has been accompanied by a wider market recovery. According to CryptoCompare data, BTC is currently trading at $3,736 after rising 2.6% […]

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

NEO Jumps Over 5% to $16, Unfazed by Its Network’s Congestion

NEO Jumps Over 5% to $16, Unfazed by Its Network’s Congestion

NEO, a top cryptocurrency “designed to build a scalable network of decentralized applications,” has recently seen its price jump over various factors, including token airdrops and the upcoming launch of a new decentralized exchange (DEX). According to CryptoCompare data, NEO’s price has jumped 5.33% in the last 24-hour period, as the cryptocurrency is now trading at $16.21. […]

Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

Sideways trading for another day; Stellar and Neo slowly moving up, 0x dropping back. Crypto markets are slowly losing ground as gains made during last week’s Tether induced pump are slowly being eaten away. Market capitalization has retracted slightly from the same time yesterday but is still just above $210 billion at the moment. Bitcoin […]

NEO vs TRON: How NEO Lost a $170 Million Bid to Buy BitTorrent

NEO vs TRON: How NEO Lost a $170 Million Bid to Buy BitTorrent

When TRON founder Justin Sun announced his successful acquisition of BitTorrent in July, it was euphoric news for TRON supporters and adversely a suspicious eyebrow raiser for TRON critics. BitTorrent, a file sharing protocol that enables users to download one file from multiple other users in portions was founded in 2004 by Cohen and Ashwin […]

More than Half of Top 100 Cryptos Have No Utility: Report

More than Half of Top 100 Cryptos Have No Utility: Report

Less than 50% of cryptocurrencies provide any real value or any useful function to the users, a research report by Invest in Blockchain claims. Among the top 100 most valuable cryptocurrencies (by market capitalization) covered in the study, only 36 were found to have working products. The Working Product Dilemma Since there is no clear definition of a “working product” […]