Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Binance implemented its first-ever binance token (BNB) auto-burn program last quarter, removing over 1.6 million BNB tokens worth $750 million from circulation.Under the new program, the number of tokens to be burned is arrived at using a formula based on the total number of blocks produced on the
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The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit
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Kishimoto Inu is in the early stages of releasing the world’s first 3D NFT marketplace, taking NFT space to the next level. Non-fungible tokens took the world by storm in 2021 as the previously maligned sector of the cryptocurrency market caught the attention of mainstream news outlets, celebrities and globally recognized
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Liquidity pools on decentralized exchanges (DEX) like Uniswap are unlike how traditional exchanges operate. A pool refers to a set of two tokens provided by users to a DEX, which then uses smart contracts to match trades and automatically increase or reduce prices at which the two tokens trade with
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair
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COVID-19 has caused many fatalities globally and poses a new and unprecedented hazard to public health, food systems, and the workplace. Cryptocurrencies gained importance when the economy worsened and uncertainty increased. Long-term crypto holders viewed staking as a way to earn rewards instead of merely keeping their coins in their wallets.
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The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted. Data from Cryptox Markets Pro shows that four of
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Digital assets’ past performance is never a guarantee of future price movement. There are never two identical situations in the crypto market, so even historically similar patterns of a token’s behavior can be followed by starkly different price action charts.Still, crypto assets’ individual history of price action often rhymes, giving
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Good morning. Here’s what’s happening:Market moves: Bitcoin stabilized near $43,000 after Wednesday’s sell-off, while traders’ attention turned to layer 1 tokens.Technician’s take: Oversold signals remain intact for bitcoin, although upside is limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $43,073 -1.09%Ether
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2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto ecosystem that will play a vital role in
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