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Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack
22.7.2022
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s...
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
7.7.2022
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%...
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
28.6.2022
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
14.6.2022
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows...
Will Ethereum Sustain Its Dominance over New Projects like Evergrow and Firepin?
14.6.2022
Ethereum is one of the popular cryptocurrencies, but the crypto market is down due to various reasons. The spread of the COVID variant, turmoil in Eastern Europe, supply chain issues, and inflation are the main reasons for crypto market outflows. Recently the Terra Luna fiasco and the announcement...
Dollar Dominance and the Rise of Nontraditional Reserve Currencies
5.6.2022
Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department; Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California; Chima Simpson-Bell is...
3 reasons why Bitcoin is regaining its crypto market dominance
27.5.2022
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
27.5.2022
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest...
First Mover Americas: BTC Dominance Reaches 7-Month Highs, Alts Suffer
26.5.2022
The latest moves in crypto markets in context for May 24, 2022
Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
22.5.2022
Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS...
Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance
20.5.2022
Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation "hopium."
Bitcoin Dominance Rises as ETH/BTC Breaks Down
12.5.2022
The bitcoin (BTC) dominance – bitcoin’s share of the overall crypto market capitalization – has risen sharply over the past two days, as the price of ethereum (ETH) has broken lower against BTC.
Since Wednesday this week, the bitcoin dominance has risen from under 42% to 44.3% as of Thursday...
Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
12.5.2022
Bitcoin dominance has spiked to six-month highs at Ethereum's expense as ETH/BTC suffers big losses
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
11.5.2022
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed...
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....
Evropská komise obvinila Apple ze zneužívání dominance v platbách na iOS
2.5.2022
Apple v zařízeních s operačním systému iOS omezuje přístup vývojářů k technologiím pro bezkontaktní platby, čímž brání konkurenci v oblasti mobilních plateb. Ve svém předběžném závěru to oznámila Evropská komise. Na jeho základě teď spustila oficiální šetření celé záležitosti, ve kterém rozhodne...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
Former Chinese Central Bank Governor: US Dollar Will Remain Global Reserve Currency, Says It ‘Has Great Inertia’
27.4.2022
In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former governor of the Chinese central bank, Zhou Xiaochuan, insisted the greenback will remain in its position as the global reserve currency. Xiaochuan said the dollar still...
Binance Extended Crypto Exchange Dominance in March
25.4.2022
Binance, one of the world’s leading cryptocurrency exchanges, captured 30% of spot volume market share in March