Cryptocurrency Analysis and News Portal
The bitcoin dominance ratio, which measures bitcoin’s market capitalization relative to the total crypto market capitalization, dropped to as low as 44.62% over the weekend, before it returned to roughly 45% on Monday, according to TradingView. The decrease in the dominance ratio in the past few days indicated that at
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While most of the market was down around 5% coming into the Asia trading day this morning, altcoin Stacks was up over 70% in 24 hours on Sunday night, according to data from CoinMarketCap, hitting a high of US$2.45 — the highest point the token had reached since the market-wide
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Crucial to the advancement of bitcoin are the Bitcoin Core Developers. This is an international team of developers, often called “maintainers,” that is constantly monitoring, improving and working on bitcoin and its blockchain. This group, due to its decentralized nature, is funded by companies, such as Square, Coinbase, Gemini and
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“We have a feature called Hybrid Compute, which allows developers to build advanced algorithms that are too expensive to do on-chain,” Chiu said. Ethereum’s native programming language Solidity “is really constraining, he added. “A lot of DeFi developers have had to dumb down their algorithms.” Source
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IOHK, the developer behind the Cardano network, has announced a new solution for the network. Following the launch of smart contracts on the network, it has moved on to other projects to make sure that the network meets all of the needs of its developers. This has shone through in
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“We’re very excited, very humbled by the support we’ve gotten,” said Goldfeder of the network’s launch. “Today’s the day we can finally provide scaling for the Ethereum user. But as exciting as that is, we’re rolling up our sleeves because there’s still work to be done. It’s still a mainnet
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Arcane Research recently published a crypto market update and explored the rise of layer 1 tokens over the past 30 days. The season of “ETH Killers” as the research firm and many others have called them. Although the second cryptocurrency by market cap was leading the crypto market up until a
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The world of decentralized finance attracts a lot of attention from hopefuls and risk-takers. Despite its promising future, the ecosystem cannot resolve disputes transparently. Your funds are probably gone forever if you accidentally sent them to the wrong wallet address. Therefore, dispute resolution and legal protection will prove essential to
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In the wake of surging applications, Polygon and bloXroute Labs entered an agreement to create a Polygon protocol compatible Blockchain Distribution Network (BDN), to accelerate on-chain data propagation and add tools to improve the efficiency of DeFi trading on Polygon. The BDN is a high speed relay network consisting of high
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As the largest cryptocurrency by market capitalization, Bitcoin’s (BTC) effectiveness as a medium of exchange is still a matter for debate. Unlike fiat money that is inherently infinite in supply and must be managed by a central bank, Bitcoin is akin to gold in that it is commodity money with
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