Altcoins News

Story: Cosmos (ATOM) Cryptocurrency not correlated with Bitcoin Price

By Dan Saada

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Cosmos (ATOM) Cryptocurrency – CosmWasm

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Cosmos (ATOM) Cryptocurrency

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Smart contracts function based on a logic that is established in an agreement.  As opposed to creating a simple payment transaction, multiple payment transactions are…

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A recent report from Binance stated that ATOM is least concerned with the price movements of Bitcoin.  It does not have a linear relationship with the Bitcoin price.

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Binance noted, “If the returns of two assets do exhibit a positive correlation, it implies that these two assets tend to move in the same direction, and therefore share similar…

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Sydney Ifergan, the crypto expert, tweeted:  "The cryptocurrency space is beginning to evolve.  Bitcoin was new when it originated.

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For people, it is ultimately about improving their profits by investing in Bitcoin or any other asset.

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The price of the Cosmos (ATOM) at the time of writing has been trending at $4.54.

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The first step to starting with multi-chain smart contracts is to read the CosmWasm Documentation.

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The ground-breaking inter blockchain communication protocol helps starters to run on multiple chains. 

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CosmWasm is written in Golang and facilitates the customization of models.  To improve on developer adoption, Cosmos will expand across different programming languages.

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A beginner’s guide to Cosmos provides a clarification, “Atom (ATOM) (not to be confused with abandoned project Atomic Coin (ATOM)) is the main cryptocurrency existing on top of…

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