Cryptostreet

While Bitcoin and Dogecoin stumble, Ethereum and Uniswap are the only top 10 coins to keep the flags of the crypto space high. After Bitcoin  had celebrated a new all-time high  in the course of the  Coinbase  DPO  last week , the euphoria about the IPO of the trading platform now seems to have finally vanished.  Compared to yesterday's trading day, the cryptocurrency fell again, this time by 1.73 percent.  At  press time , the  BTC price is  $ 54,660. Meanwhile, a blog post by Chris Larsen is making the rounds.  The Ripple co-founder calls for a change in the  consensus process  from Bitcoin to the proof-of-stake method in order to protect the climate. Dogecoin continues in free fall Dogecoin is also currently going through difficult times.  After the “Memecoin” took an unbelievable steep climb in the past few weeks, DOGE has now finally turned south.  Even the intermittent upswing of the DogeDay couldn't really...

  Safemoon is a coin that is currently very popular and is often requested as an analysis by the community.  Today we're going to go into more detail about SAFEMOON.  What is Safemoon?  Does this altcoin really have potential?  Or is this a possible scamcoin? What is SafeMoon? After the community has often requested an analysis of SafeMoon, we analyze this altcoin in more detail.  SafeMoon is a DeFi token.  The idea behind SafeMoon is to use static rewards (the reward is made dependent on the volume of the token traded) in order to take away any pressure on the token that could arise when selling tokens.  The whitepaper also suggests that the “discard mechanism” provides incentives for SafeMoon holders to hold their tokens for longer periods of time.  This is also known as "HODL". SafeMoon's automatic liquidity pool also adds to the stability of the protocol by providing a price floor/cushion for token holders.  SafeMoon's manual inciner...

April 20, 2021 will go down as the first DogeDay in history.  The date is not chosen by chance. Today is April 20th.  At first glance, a date like any other.  But this day is historic today.  It is the world's first “DogeDay”, the Dogecoin holiday.  The date is by no means chosen randomly.  4/20 has long been an unofficial holiday of the counterculture in the USA.  Every year lovers of cannabis indulge their consumption and celebrate the event with memes on social networks.  So it's no wonder that the Dogecoin community chose this day. The declared goal of the Doge disciples today is to provide another pump of the “meme currency”.  The short-term goal is $ 0.69.  In the long term, they want to reach $ 4.20.  So is  Twitter  fed for days with calls, rallying, and of course Memes As absurd as this goal may sound, it is by no means unrealistic.  Dogecoin has already pumped many times over in the past.  Just yesterda...

Filecoin is booming in China.  The construction of a large mining facility is now planned. The Chinese blockchain consortium IPFSUnion is planning to build a huge facility to mine Filecoin.  It is supporting the construction of the Jiangxi Big Data Industrial Park with a “large investment”. The amount of the investment was given on the Internet at 1.3 billion US dollars.  Meanwhile, the number has  disappeared  from the  announcement blog post  on the Filecoin website.  What is certain, however, is that the planned plant has the blessing of the Chinese government.  A local industrial fund also contributed $ 15 million to build the mining center in the city of Fuzhou, eastern China. The largest filecoin project in China The IPFSUnion is a consortium that specializes in cloud services and distributed file systems.  Members include the Chinese retail giant Alibaba as well as large tech companies such as Microsoft, SAP, Huawei, and AMD....

  Chainlink's new whitepaper was published on April 15, 2021 and summarizes the progress made over the past three years and outlines what the decentralized oracle provider has to do. New Chainlink 2.0 whitepaper , Published on April 15, 2021, the  new White Paper  of  Chain Link  unveiled the plans of startups for a great leap forward in the development of hybrid Smart Contracts, of which co-founder  Sergey Nazarov  is convinced that they will define the blockchain industry. He explains: Hybrid smart contracts are about combining the uses of blockchain smart contracts with the evidence, data, and computations of the off-chain world.  That's a big leap forward because it redefines what people can build. Chainlink 2.0 Nazarov continues: Before people started experimenting with financial products and NFTs, blockchains were basically just token platforms.  What we are seeing is the beginning of a redefinition of what the blockchain industry ...