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Which coin has the bite for long-term growth? Aave, Quant, or Pomerdoge!
15.8.2023
Investors and traders are consistently looking for projects that can showcase a high level of consistency. This means that instead of just spiking once and dipping indefinitely, they can continually maintain their upward momentum. Three such altcoins, Aave (AAVE), Quant (QNT), and Pomredoge (POMD)...
DeFi Value Locked Reaches Nearly $42 Billion as Token Market Experiences Significant Growth – Here's the Latest
14.8.2023
The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.
According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume...
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
12.8.2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
The secret behind the rapid growth of Bitcoin Spark & Ethereum
11.8.2023
In the ever-changing crypto world, two prominent players always surface during rapid growth discussions. Bitcoin Spark’s and Ethereum’s rapid growth and innovative approaches have intrigued investors and enthusiasts, raising questions about the factors propelling their success....
Genesis Report: Crypto Derivatives Emerge as the Next Key Growth Driver in 2023
11.8.2023
According to the Q2 2023 report from Genesis Trading, crypto derivatives is set to experience substantial expansion, fueled by a massive decrease in spot market liquidity and a notable trend towards utilizing derivative instruments.
"With spot market liquidity suffering and spot order book depth...
Bitcoin Mining Council Reveals Sustainable Growth: New Survey Sheds Light on Industry’s Power and Efficiency
10.8.2023
In a recent report, the Bitcoin Mining Council (BMC) unveiled the results of its first half of 2023 survey, highlighting the industry’s strides in electricity consumption, technological efficiency, and sustainable power. Furthermore, the survey details that the BMC accounts for 43.4% of...
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
10.8.2023
The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This...
JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience
5.8.2023
JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024....
Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
4.8.2023
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said
Poll: Majority of Americans See US Economy in Decline
3.8.2023
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,279 adults found that 51% think the U.S. economy remains in a downturn that...
As Monero dips, DigiToads ignites investor frenzy with astounding growth potential
3.8.2023
The crypto market is a dynamic market, with tokens experiencing constant value fluctuations. Monero (XMR) is a token at the end of the spectrum, as it trades in a downtrend. However, amidst this bearish sentiment, DigiToads (TOADS) has emerged as a new player, capturing the attention of investors...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
3.8.2023
Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Shiba Inu price outlook: From surges to sustained growth
3.8.2023
SHIB has captured the attention of both seasoned investors and curious newcomers. Will this recent surge turn into a long-term rally? Will $SHIB change the fortune of Shiba investors? Meme coins are favorite for traders, but the formation of higher highs and higher lows encourage investors...
Lomesh Dutta, VP of Growth at DFINITY, on Internet Computer, Bitcoin DeFi, and ckBTC | Ep. 252
1.8.2023
In an exclusive interview with cryptonews.com, Lomesh Dutta, Vice President of Growth at DFINITY, talks about the Internet Computer (IC), the future of Bitcoin-based DeFi, and ckBTC....
Read More: Lomesh Dutta, VP of Growth at DFINITY, on Internet Computer, Bitcoin DeFi, and ckBTC | Ep. 252
The World CX Summit 2023: Driving business growth
1.8.2023
The World CX Summit, organized by Trescon, is set to be hosted in Singapore on 2nd-3rd August 2023 at Marina Bay Sands Expo and Convention Centre. The Summit will bring together leading technology mavens, CX specialists, and innovators to share their actionable insights and discuss successful...
Hedera reinvents FinTech, Borroe empowers Web3 growth, Worldcoin migrates to Optimism
31.7.2023
While most of the crypto market is in a slump, Hedera (HBAR), Borroe ($ROE), and Optimism (OP) are spearheading innovation and developments in their own ways. Out of the three, experts single out $ROE as the token with the most potential, predicting that it will deliver up to 300% gains...
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...