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Nexo and Amber Group executives claim 'exponential' growth in crypto institutional investment
25.3.2022
Panelists at the Blockchain Africa Conference 2022 discuss the significant potential of cryptocurrency institutional investment while highlighting the challenges it still faces
Ethereum Staking Sees Accelerating Growth Ahead of Merge
25.3.2022
Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking...
NFT Rental Has Major Growth Potential as 'Airbnb of the Metaverse' - Analysts
24.3.2022
The non-fungible token (NFT) rental marketplace is demonstrating a major potential for growth, meriting a close watch as the “Airbnb of the metaverse,” according to a recent report by Asian digital asset platform Matrixport.
Observing the current landscape, said the report, NFT financialization...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
23.3.2022
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model
22.3.2022
A new report from the crypto-focused financial services firm BitOoda has reiterated a reduced hashrate projection for the Bitcoin (BTC) network for 2022, despite hashrate growth so far this year being stronger than expected....
Read More: Analysts Keep Reduced Hashrate Estimate for Bitcoin...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped...
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
22.3.2022
The exponential growth seen in decentralized finance (DeFi) in recent years may be set to slow owing to hurdles such as regulation and overcollateralization, Morgan Stanley said in a research report
Luna token price is soaring, but is the network's growth sustainable?
21.3.2022
The last few months have seen Terra and its associated cryptocurrency LUNA surge in popularity. Is there more to this exponential growth than meets the eye?
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Bitcoin Ink: Study Shows Interest in ‘Crypto Tattoos’ Jumped 222% in the Past Year
19.3.2022
As cryptocurrencies, bitcoin, decentralized finance (defi), and non-fungible token (NFT) technology experienced extreme growth during the last year, interest in crypto tattoos has risen a great deal. According to a recent study published by Crypto Head, searches for tattoos related...
Chainlink Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth
18.3.2022
This disparity between Chainlink’s TVS and LINK’s market cap may reflect several issues, Coinbase said
$100M fund aims to support the growth of decentralized machine economy
16.3.2022
The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
US Senator Booker: Cryptocurrency Can Bring Growth to American Economy if Properly Regulated
13.3.2022
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is encouraged by President Joe Biden’s executive order on crypto regulation....
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
11.3.2022
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started....
Read More: Ukraine Tether Trading Volume Sees...
Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
10.3.2022
The Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of up to $290 million, approximately 4 million AVAX, to incentivize the growth...
AdaLend: The World’s Leading Cardano-Based Lending Protocol
9.3.2022
BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022...
US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’
6.3.2022
Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for...