Category: Altcoins

Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites

Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites

Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter asking his followers if 80% of all transactions and savings in the year 2035 are in one currency and it is not ether, which currency they would prefer it to be. He asked them to choose from a number of cryptocurrencies including bitcoin, […]

Continue Reading

Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum

Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum

On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms […]

Continue Reading

Near Foundation Raises $150 Million to Bolster Web3 Adoption

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

Continue Reading

Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year

Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year

As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto […]

Continue Reading

Arthur Hayes predicts a 90% altcoins’ crash as the crypto market bleeds

Founder and former CEO of BitMEX exchange believe altcoins could witness harsher losses if the crypto market were to nosedive. The market’s main deterrent, according to Hayes, is the Fed’s hawkish involvement. Former BitMEX CEO Arthur Hayes thinks a price depression in the crypto market will severely impact other altcoins more than Bitcoin (BTC) or […]

Continue Reading

Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy

Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy

This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than $2 Billion Away From Reaching $80 Billion On December […]

Continue Reading

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas […]

Continue Reading

Study Shows Market Share of Altcoins Surged Threefold Since 2014

Study Shows Market Share of Altcoins Surged Threefold Since 2014

This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins surged threefold from 21% in 2014, to today’s market share of 62%. Report […]

Continue Reading

Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’

Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’

The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is Going to Be Formed’ […]

Continue Reading

Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins […]

Continue Reading