6 / 6 Relevant items tagged with #MarketCapitalization

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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

[Jan 20, 2023 4:30 PM] Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022.
 WBTC…

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

[Jan 18, 2023 7:30 PM] While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023…

Number of devs increased during crypto winter: Electric Capital report

[Jan 17, 2023 8:31 PM] Ethereum continues to be the dominant blockchain for developer activity, however, a few other chains continued to make ground.

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days

[Jan 17, 2023 2:30 PM] Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last…

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

[Jan 17, 2023 9:00 AM] The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the…

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations

[Jan 14, 2023 5:30 PM] The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs)…

Metamask Launches Ethereum Staking Services via Lido and Rocketpool

[Jan 13, 2023 5:30 PM] On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users…

Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

[Jan 11, 2023 1:00 PM] Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market…

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion

[Jan 9, 2023 2:30 PM] Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by…

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

[Jan 6, 2023 11:30 AM] After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The…

Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position

[Dec 9, 2022 9:30 AM] In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the…

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation

[Nov 19, 2022 12:54 AM] Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.

Crypto token supplies explained: Circulating, maximum and total supply

[Nov 12, 2022 2:00 PM] Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used.