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WATCH RELATED VIDEO: Cosmos ATOM Crypto Price News Today - Technical Analysis Update, This is Happening Now!

Cosmos Token Surges 8% Amid Airdrops, Polkadot Bridge


Cosmos' IBC functionality has caused a boom in activity on the blockchain, with the interchain protocol handling over , transfers in the past 30 days. According to the latest data from Map of Zones, there have been over , IBC transfers in the past 30 days, with the network handling over 3.

The Inter-Blockchain Communications Protocol IBC caused quite a stir when it was first introduced earlier this year, promising robust infrastructure that allows blockchains to seamlessly talk to each other. IBC essentially performs the role of a bridge, connecting different blockchains and facilitating exchanges between a network of interconnected chains. Since its deployment on Cosmos, IBC has facilitated a significant amount of transactions but began to see a huge rise in interest in the past 30 days.

Over half of those transfers—, to be exact—came from Osmosis , a Cosmos-based AMM that enables users to create liquidity and trade IBC-enabled tokens. The Cosmos Hub, which acts as a service provider to the chains that connect to it, saw the second-largest number of transfers in the past month—, Global crypto payment network Crypto.

However, the largest number of transfers through IBC differs drastically from the total number of transactions conducted through IBC.

While Osmosis kept first place with over 1. Access more crypto insights and context in every article as a paid member of CryptoSlate Edge. The high-speed blockchain's cross-chain transfer feature went live last month and is already seeing adoption. The upcoming DEX is set to bring more usecases to the Cosmos ecosystem. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article.

Please take that into consideration when evaluating the content within this article. Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity.

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Bitcoin recovers from 6-month low as investors buy the dip, cosmos leads gains in altcoins

Use promocode TNM51 at www. Combined with the fear around the increase in interest rates by the US Federal Reserve, global financial markets took a beating this week. In this article, we will briefly look at the price actions of major cryptocurrencies in the past week and the short term outlook for BTC. However, the demand at the higher price levels has fallen flat as relief rallies are met with high selling pressures. The strength is attributed to upcoming airdrops for Cosmos stakers and bridge implementation between Cosmos and Polkadot. Though BTC has recovered after posting some heavy losses, the global outlook on all financial markets is still bearish.

ATOM prices reached an all-time high of $45 last week but have since fallen 25% alongside a drop in the broader crypto market. Strong.

Cosmos(ATOM)/USDT Price Prediction: 08 January 2022

During the last seven days, Cosmos has traded down Its genesis date was September 3rd, The official website for Cosmos is cosmos. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors. The first zone on Cosmos is called the Cosmos Hub. The Cosmos Hub is a multi-asset proof-of-stake cryptocurrency with a simple governance mechanism which enables the network to adapt and upgrade. In addition, the Cosmos Hub can be extended by connecting other zones.


Cosmos Coin ATOM Jan/Feb 2022 Crypto News And Predictions Website Launched

cosmos cryptocurrency news

Strong fundamentals factors supporting the price surge are the upcoming airdrops to Cosmos stakers and a bridge implementation between Cosmos and Polkadot. Bridges are tools that connect and transfer data between two blockchains. Tokens of protocols built on Cosmos that were previously airdropped to stakers, were among the biggest gainers on Monday morning even as the broader crypto market saw nominal losses. DeFi , short for decentralized finance, refers to financial services such as trading, lending, and borrowing that rely on smart contracts instead of third parties. The airdrops are part of a planned process for Cosmos stakers.

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Cosmos (ATOM)

The global crypto market receded recently due to the fears of a new wave of inflation and ongoing political changes. As mining hubs in both countries and many investors belong to these two countries, they will impact the investments. The market has already been lingering at lows due to the impacts of the recent crash, which made it lose multi-million dollars. If war starts, the results will be horrible not only from the humanist perspective but the economic perspective as well. Kosovo has banned crypto mining because of the energy outages and the economic impacts. The miners cost a significant amount of energy, due to which the government took this extreme step.


Cosmos (ATOM) Reaches Market Cap of $9.04 Billion

Cosmos Pixie has announced the launch of its cryptocurrency website for investors, which provides detailed reports surrounding the industry with a focus on Cosmos Coin ATOM. With their newly launched website, Cosmos Pixie offers detailed news and insights on cryptocurrencies, as well as predictions on how any changes within the industry will specifically affect Cosmos Coin. Alongside the current events aspect of the recently launched website, newcomers to the world of crypto investing will also find training and resources such as their review of Cryptoversity to help them learn how to get started with cryptocurrency trading. The growing interest and popularity of cryptocurrencies has meant a large number of individuals are now adding new coins to their portfolios. However, with this surge, it is becoming harder to stay up to date with the latest news, especially in regard to how it affects a particular coin or investment. As an online resource, the website includes up-to-date coverage of the crypto industry, such as their report on the 3rd Week of January

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC.

This is contrary to its negative trend over the past week where it has experienced a The chart below compares the price movement and volatility for Cosmos over the past 24 hours left to its price movement over the past week right. The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements.


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Cosmos ATOM. Key Metrics.

Cosmos now exists on the metaverse and owner David Minicucci believes his is the first Montreal restaurant to join this new much-hyped online platform. On Jan. Real estate is hot on this platform. That land was in the heart of the Fashion Street district of Decentraland. Minicucci is aware that most will probably be dumbfounded to discover that the most old-fashioned of diners is buying into the most new-school of buzz technologies. There are a lot of media reports suggesting the metaverse will revolutionize the dining experience, changing the way restaurants market their products but also even becoming a vehicle for delivering food.

We are thrilled to launch this product as we continue building widely accessible bridges into the crypto world. Its products are listed on 10 regulated European and Swiss trading exchanges. Press Contact Paulo Germann press 21shares.


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