[Mar 16, 2023 11:00 AM] While the rest of the crypto market is currently in a bleeding state following the joyful green ride over the past few days, Bitcoin, the top cryptocurrency, has seen a surge in its dominance. This spike in dominance comes alongside the crypto…
[Mar 15, 2023 10:04 AM] Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last…
[Mar 9, 2023 10:30 AM] On-chain data from Santiment shows altcoins are currently the most underbought that they have been since early January. Altcoins Are Currently Underbought According To MVRV As per data from the on-chain analytics firm Santiment, altcoins are…
[Mar 8, 2023 7:00 AM] Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…
[Mar 3, 2023 9:00 AM] The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token…
[Feb 27, 2023 1:00 PM] Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to…
[Feb 25, 2023 3:00 PM] The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as…
[Feb 25, 2023 1:00 PM] After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market…
[Feb 23, 2023 12:30 PM] Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …
[Feb 22, 2023 11:30 PM] On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over…
[Feb 22, 2023 6:50 AM] Small cap altcoins have continued to perform the best out of all the indexes recently, while Bitcoin has accumulated the least returns. All Altcoin Indexes Managed To Outperform Bitcoin Recently According to the latest weekly report from Arcane…
[Feb 20, 2023 1:00 PM] After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have…
[Feb 20, 2023 11:00 AM] Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium…
[Feb 19, 2023 5:30 PM] Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the…
[Feb 14, 2023 8:00 AM] While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top…
[Feb 13, 2023 3:30 PM] Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in…
[Feb 13, 2023 1:30 PM] Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission…
[Feb 10, 2023 9:00 AM] It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S…
[Feb 9, 2023 4:30 PM] Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open…
[Feb 8, 2023 9:30 AM] Data shows the small cap altcoins have continued to outperform Bitcoin and the rest of the market recently as GRT has managed 117% gains in the past week. Small Cap Altcoins Index Is Sitting At 48% Profits For The Past Month As per the latest…
[Feb 8, 2023 9:00 AM] Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw…
[Feb 7, 2023 12:00 PM] The majority of altcoins in the crypto space have been rallying independently of the largest cryptocurrencies in the space. However, while this has been good so far, it could also present a possible roadblock for the altcoin bull rally. Bitcoin And…
[Feb 3, 2023 12:30 PM] While the global cryptocurrency market continues with its ubiquitous movement, Ethereum seems to be sneaking out to break a new record. The latest achievement Ethereum obtained is setting a new high in its burning-per-day mechanism. Per a recent…
[Feb 2, 2023 8:00 AM] After Solana’s unfortunate connection with the FTX crash last year, sending SOL below $10, the crypto asset has been thriving to rebound with the team’s help. The Solana co-founders, in a blog post published earlier this week, commented…
[Feb 1, 2023 10:00 AM] Social token platform ‘Rally’ announced on January 31 the shutdown of its sidechain blockchain network, meaning that users would not be able to access non-fungible tokens (NFTs) on its sidechain. Rally communicated the shocking message…
[Jan 31, 2023 7:00 PM] Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as Lido Finance and total ETH staked has increased over time. According to the latest update, the total ETH stake in one…
[Jan 30, 2023 8:30 AM] Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second…
[Jan 28, 2023 3:00 PM] The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…
[Jan 28, 2023 9:30 AM] The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached…
[Jan 27, 2023 11:30 AM] During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of…
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