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Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
WonderFi Subsidiary Bitbuy Acquires Bitvo, Owns Nearly Half of All Exchanges in Canada
15.11.2023
Bitbuy, a subsidiary of Canadian-based technology company WonderFi, announced its acquisition of Bitvo Inc. on the morning of Wednesday, November 15th, making WonderFi the owner of nearly 50% of all regulated crypto-trading platforms in the North American country. WonderFi continues to dominate...
Bitcoin Products Dominate 73.3% of Market Share as Crypto Assets Under Management Grows to $31.7 Billion
27.10.2023
Digital assets under management have soared by 6.74% to $31.7 billion after a string of positive developments amid wider market uncertainties. A new market report released by CCData shows growth in crypto-related products, key activities, and a review of trading volumes in the wake of plunging...
BNB Price Prediction: BNB Gains 2% – Will Binance Coin Dominate the Month?
26.9.2023
The price of Binance Coin (BNB) has climbed by almost 2% in the past 24 hours, with its move to $212.46 coming as the wider crypto market rises by a more modest 1%.
BNB is now down by 2.5% in the past week and by 2% in the last 30 days, with the exchange token also falling by 13.5% since...
BitTorrent crypto vs. Ethereum: Which will dominate the decentralized world?
20.9.2023
This article will analyze the main competitors competing for supremacy in the decentralized tech universe, BitTorrent Crypto and Ethereum. We will be appraising these networks in terms of characteristics, expansiveness, and capability for innovation. Both structures are open-source and have...
XRP & SHIB dominate trading on WazirX, Borroe.Finance attracts more investors
16.9.2023
$XRP and $SHIB holders are celebrating after being named India’s top 5 most traded cryptocurrencies. Since its victory over the SEC, $XRP’s popularity has increased. Likewise, Shiba Inu ($SHIB) is also in the headlines for the giant strides of its newest Shibarium network. Yet, experts...
Decentralized stablecoins could dominate crypto: MakerDAO founder
15.9.2023
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins
Worldcoin’s Centralization Dilemma: 100 Wallets Still Dominate 93% of Total Supply
8.9.2023
Since August 11, 2023, the number of unique digital wallets storing the iris-scanning cryptocurrency worldcoin (WLD) stood around 468,466. But in the weeks since, ownership of the fledgling crypto has expanded by over 26% to 591,633 wallets. However, worldcoin’s value has moved in...
Decoding the Dominance: A Deep Dive into Ethereum and Tron’s Tether Wallets
5.9.2023
Although bitcoin and ethereum dominate the crypto realm in terms of market capitalization, tether (USDT) stands out as the third-largest digital currency by market valuation. Notably, while USDT operates on multiple blockchains, Ethereum and Tron predominantly host its supply. This piece delves...
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
18.8.2023
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins still dominate in terms of global trade volume...
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
16.8.2023
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According...
Former UN Security Council President Kishore Mahbubani: ‘The American Century Is Over’
24.7.2023
Kishore Mahbubani, the former president of the United Nations Security Council, stated China will dominate this century. Mahbubani declared that the so-called “containment policy” against China would fail, leaving the U.S. isolated from other nations due to its military approach to...
Meme Coin Economy Grows by $759M in 30 Days: DOGE and SHIB Still Dominate the Market
23.7.2023
The top meme cryptocurrency assets, as ranked by market capitalization, have increased in value by $759 million over the past 30 days. Dogecoin (DOGE), leading the pack of meme coins, has risen more than 10% in the last month. Meanwhile, the second and third largest meme coins, shiba inu (SHIB)...
InQubeta to dominate the multi-billion AI industry; Why is Storj Down 40% in 1 Month?
17.7.2023
Despite the recent upward momentum in the crypto market, several cryptos, such as Storj (STORJ), are gradually sliding into a bearish phase. As a result, investors are shifting their focus to new cryptos like InQubeta (QUBE). InQubeta stands out as a potentially profitable AI-based crypto poised...
XRP Overtakes BNB To Fourth Largest Crypto Spot, BTC Trades Above $31k As Bulls Dominate The Market
14.7.2023
Digital asset payment network, Ripple (XRP) has surged over 60% in the past 24 hours following its partial victory against the Securities and Exchange Commission (SEC), putting an end to the three-year-long suit.
Since the ruling, the cryptocurrency market has recorded a $73.5 billion increase...
Spectra’s scalability & presale opportunity dominate Monero and Uniswap
25.6.2023
Binance’s recent legal battles have caused it to delist many privacy coins like Monero (XMR) and Uniswap (UNI), a token barely holding on, hopes to change things with its V3 upgrade. Spectra (SPCT), on the other hand, is the new underdog that could quickly dominate the market with its phase...
Spectra: Trailblazer offering in Blockchain VC; Aave & TRON reconsidering their approach
24.6.2023
Occasionally a new crypto token arises that sets new standards in the DeFi scene, and a recent example of this has been Spectra (SPCT). It is an upcoming crypto platform combining the competitive fields of blockchain and venture capital, an idea that is leaving Aave (AAVE) and TRON (TRX)...
New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate
14.6.2023
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating...
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
5.6.2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report