What is the Internet Computer (ICP)? The Internet Computer (ICP) is a blockchain-based decentralized computing platform developed by the DFINITY Foundation. It aims to provide a secure and scalable environment for hosting smart contracts and can be used to build a wide range of decentralized applications (dApps). Here is some detailed information about the Internet […]
Core inflation in the USA exceeded forecasts for the second month, confirming the Fed’s cautious interest rate cut view. The US federal government’s budget deficit increased by 13 percent in February compared to the same month last year, reaching $296 billion. Gold extends losses as US inflation data reinforces Fed caution. CME Group signaled its […]
What Is Litecoin (LTC)? Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011 as a fork of Bitcoin. It is often referred to as the silver to Bitcoin’s gold. Litecoin was designed to offer faster transaction times and lower fees compared to Bitcoin. Here is some detailed information about Litecoin: 1. Algorithm: […]
What Is NEAR Protocol (NEAR)? NEAR Protocol (NEAR) is a decentralized application platform designed to make it easier for developers to build and deploy applications on the blockchain. NEAR aims to provide a scalable and developer-friendly environment for creating decentralized applications (dApps) that can scale to millions of users. Here are some key features and […]
American consumers’ short-term inflation expectations remained unchanged at 3 percent in February, remaining at the lowest level in the last 3 years. Gold fluctuated after eight consecutive days of gains as investors watched Tuesday’s consumer price index release for clues about when the U.S. Federal Reserve might start cutting interest rates. Unicredit Economist Erik Nielsen […]
What Is Uniswap (UNI)? Uniswap (UNI) is a decentralized exchange (DEX) protocol built on the Ethereum blockchain. It allows users to swap various ERC-20 tokens without the need for a centralized intermediary. Uniswap uses an automated market-making (AMM) system, where liquidity providers deposit funds into pools to facilitate trading. Here are some key features and […]
What Is Bitcoin Cash (BCH)? Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork from the original Bitcoin (BTC) blockchain in August 2017. The fork was initiated to address scalability issues that Bitcoin was facing, particularly in terms of transaction speed and fees. Here is some detailed information […]
What Is Toncoin (TON)? Toncoin (TON) is a decentralized cryptocurrency that operates on the TON blockchain platform. TON is the native cryptocurrency of the Telegram Open Network (TON), a blockchain project developed by the team behind the popular messaging app Telegram. Here is some detailed information about Toncoin (TON): 1. Background: The Telegram Open Network […]
What Is Polygon (MATIC)? Polygon (MATIC) is a layer 2 scaling solution for Ethereum that aims to improve scalability and reduce transaction costs on the Ethereum network. It was previously known as Matic Network before rebranding to Polygon in February 2021. Here is some detailed information about Polygon: 1. Scalability: Polygon provides a framework for […]
What Is Polkadot (DOT)? Polkadot (DOT) is a multi-chain blockchain platform that enables different blockchains to transfer messages and value in a trust-free fashion. It was created by the Web3 Foundation and is designed to provide a scalable, secure, and interoperable network for the decentralized web. Here are some key features and components of Polkadot: […]