The advent of blockchain didn’t take longer to disrupt several traditional and emerging technologies. Upcoming and new technologies like Artificial Intelligence (AI) and Internet of Things (IoT) are also finding use cases with blockchain technology. At the intersection of IoT and blockchain industries, the IOTA blockchain project operates. Let us learn more about the IOTA project in the present article. What is IOTA? IOTA is a unique crypto project that stands out from the rest of cryptocurrencies with its Tangle blockchain system. Tangle is actually a Direct Acyclic Graph (DAG) that consists of nodes who verify and confirm transactions. IOTA…
Author: Web3 Daily Press Staff
BlockDAG is making headlines in the crypto world after the release of its DAGpaper, with analysts projecting a staggering 30,000x return on investment (ROI). This groundbreaking projection has catapulted BlockDAG into the spotlight, overshadowing even established cryptocurrencies like Dogecoin and FTM in terms of potential growth. With its innovative technology and promising prospects, BlockDAG is attracting significant attention from investors looking to capitalise on the next big opportunity in the market. As discussions around Dogecoin’s transaction appeal and FTM crypto price volatility continue, BlockDAG’s emergence as a frontrunner signals a new era in the cryptocurrency landscape. Investors are increasingly drawn…
WOO has revealed plans to expand its innovation hub to encourage the growth of WOO-aligned products in important crypto industry growth areas. The European-based hub will investigate prospects in other high-growth verticals such as Decentralized Finance (DeFi), Real World Assets (RWA), Artificial Intelligence (AI), and more, with an initial focus on strengthening the Bitcoin (BTC) ecosystem. According to WOO, this is better positioned to benefit from the predicted cryptocurrency bull market. With more than $13 billion in total trade volume and more than 250,000 active monthly users, WOO already has a strong product ecosystem that includes the well-known…
While the Chainlink (LINK) price faces uncertain future movements and the new Solana meme coin Hump gathers momentum, BlockDAG stands out with a stellar $17.3 million presale and an anticipated 20,000x ROI, positioning itself as a leading cryptocurrency for 2024. With its innovative Proof-of-Engagement mechanism and a compelling technical whitepaper, BlockDAG is set to redefine the crypto investment landscape. Chainlink (LINK) Faces Market Challenges Currently, Chainlink’s price trajectory appears challenging, with market indicators suggesting a possible 25% decline to $13.08 if Bitcoin continues to struggle below $69,000. If Chainlink maintains above its $16.86 support level, it might attract more vital…
The recent launch of BlockDAG’s technical whitepaper has sparked significant market activity, culminating in the sale of more than 4.5 thousand home mining rigs. This surge in sales coincides with notable price movements in Cardano and Litecoin, two prominent players in the cryptocurrency sphere. Cardano’s blockchain ecosystem continues to evolve with scientific precision, while Litecoin faces skepticism amidst recent price fluctuations.In contrast, BlockDAG‘s innovative approach to mining technology, coupled with the successful launch of its whitepaper, has positioned it as a formidable contender in the crypto mining sector. Elevating the project’s buzz, the BlockDAG team has teased an upcoming moon-based…
The cryptocurrency market is currently abuzz with significant events and developments. With the Bitcoin halving on the horizon drawing much attention, the cryptocurrency community has also been captivated by the recent Bitcoin Cash halving, which led to a 37% increase in its value. Meanwhile, Avalanche (AVAX) has shown impressive resilience in the face of market corrections, with forecasts indicating that its upward trend is likely to continue. Amid these developments, BlockDAG has captured the spotlight in the presale market, having unveiled its V2 technical whitepaper in Las Vegas, leading to a rush of investments. Currently, BlockDAG has raised $17 million…
CoindarBinance Coin is set to host a workshop titled “OneBNB — Coding the Future” as part of the BNBChainHackathon2024, taking place from April 18th-May 6th. The workshop will focus on the future of decentralized applications and the exploration of their potential. Refer to the official tweet by BNB: BNB InfoBNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB…
On-chain analytics firm Glassnode, in cooperation with Coinbase International COIN, provides a comprehensive analysis of Bitcoin and Ethereum in its quarterly crypto market guide research report.What Happened: The report highlights the historical performance of Bitcoin, which has been the top-performing asset in eight out of the last eleven years, delivering an annualized return of 124% from 2013 to 2023.Despite its impressive returns, Bitcoin has also experienced significant volatility, with average intra-year declines of 47%. The current market cycle, which began in November 2022, has seen prices rise around fourfold from the lows, closely resembling the 2018-2022 cycle.The overall market capitalization…
On April 19, or whenever a bitcoin miner mines block number 840,000, the amount of bitcoin (BTC) entering into circulation will halve from about 900 a day to 450. This event, colloquially known as the halving (sometimes halvening), looms large in the Bitcoin mindshare, one of those things that makes Bitcoin Bitcoin. Perhaps because it only comes around on Leap Years (so far), bitcoiners tend to look forward to the halving more than most crypto holidays like Bitcoin Pizza Day or the anniversary of Satoshi Nakamoto publishing the white paper. But it won’t be around forever.Once all 21 million bitcoins…
Here’s How Much Bitcoin You Need To Become a Millionaire, According To Michael SaylorMicroStrategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor says you can never have too much Bitcoin.While this isn’t surprising coming from one of the world’s largest Bitcoin investors, his comments could influence markets and provide more insights into why he believes Bitcoin (BTC) is a great investment.Don’t Miss:Saylor’s company has acquired over 214,000 BTC in the past several years, holding more than 1% of the entire supply. MicroStrategy bought the tokens for an average price of around $35,000 and used a $700 million convertible bond offering to purchase more…