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2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
6.6.2022
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG),...
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
5.6.2022
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies...
KryptoPips Creates the World’s First Multi-Broker Rewards Coin to Reward Various Trading Activities and Deliver Client Value
5.6.2022
PRESS RELEASE. KryptoPips, the world’s first multi-broker rewards coin, allows brokers to reward their clients for participating in various trading activities. As key drivers of customer loyalty, the rewards coins will enable brokers to acquire new customers and maintain existing ones...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
5 reasons why Bitcoin could be a better long-term investment than gold
3.6.2022
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment?
What Is Tether? How USDT Works and What Backs Its Value
1.6.2022
Tether’s USDT is the most popular stablecoin and widely used by traders, although it is not without controversies. Here’s what you need to know about it
Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June
1.6.2022
During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according...
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
31.5.2022
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization...
Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
30.5.2022
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than...
While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
30.5.2022
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid...
Nifty News: “Blue-chips” halve in value, free-to-mint “Goblintown” volume surges, Nike buys another ENS domain
30.5.2022
Data on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
29.5.2022
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours,...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
28.5.2022
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also shows NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs...
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
28.5.2022
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
28.5.2022
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks....
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...
Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares
27.5.2022
The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession -- and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...