Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021

[ad_1] Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies.The price of BTC climbed by about 290% year-over-year in which it surged from $10,695 to a little over $42,000. In comparison, shares of Marathon Digital Holdings (MARA), one of the largest North American crypto mining companies, rose by 1,641% in the same period.MARA stock weekly price chart. Source: TradingView.comInstitutions-led pumpMore

Cardano’s Alonzo hard fork was a success but real utility could be a while

[ad_1] Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain launched Plutus-powered smart contracts as a part of the Alonzo hard fork. The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large.The smart contract functionality is meant to allow Cardano to become a platform on which developers can build decentralized applications (DApps) and even mint nonfungible
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What is Staking? Taking a closer look at how staking works with PhoenixDAO

[ad_1] Advertisment Most people think about using a centralised exchange to buy crypto when they’re ready to invest in crypto. Some who have technical expertise might even consider crypto mining as a way to dip their toes in the crypto world and earn coins. However, crypto staking remains one of the easiest ways to acquire cryptocurrency and keep earning passive income on current holdings. What is Staking in Crypto? Staking