Cryptocurrency Analysis and News Portal
The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth.Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings
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United States-based digital asset exchange Kraken has announced it will begin supporting the viral meme coin Shiba Inu (SHIB) as of Nov. 30.There will be a minimum deposit of 373,000 SHIB ($16 USD), and the minimum trading volume is 50,000 SHIB ($2 USD). SHIB will initially be tradeable against the
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On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these
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Traders’ recent preference for Ethereum competitors contrasts with the situation earlier this year, when the dominant network’s fast growth riveted investors, and ETH staged a rapid rally. Its market share has risen rapidly and now accounts for 26% of investment products, compared with 11% in January, said James Butterfill, an
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There’s truly never a dull moment in DeFi. Reports have emerged this week that interest-yielding platform Nexo is pursuing an acquisition of an SEC licensed broker dealer with the intent to offer a “modified version” of the company’s products. How this would impact their current offering is unclear. The move comes
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Altcoins and DeFi tokens have been on a tear for the last two weeks and as the end of August approaches many projects are seeing their tokens reach for new all-time highs.Data shows that a majority of the top-10 DeFi tokens gained more than 20% in the past 30-days, with
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Y Financial’s index token holders have robust opportunities to voice their opinion. Each YFIN index token holder is eligible for YDOT governance tokens at a 1:1 ratio.Y Financial launched its testnet in October 2020. The entry of the platform in the world of DeFi, especially in the domain of fully
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Over the past few weeks, crypto investors have largely focused their efforts and attention on a select set
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Altcoins have been all the rage over recent weeks, rallying dozens of percent as Bitcoin has stalled in the $9,000s.No better has this been exemplified than in BTC dominance — the percentage of the cryptocurrency market made up by BTC. The metric was recently rejected at an important trendline, analysts
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