Fast forward to today and Tron has literally become the most popular network of choice for stablecoin transactions. However, increasing fees to transact on the Tron network has begun raising eyebrows from users and experts alike. This developing worry would be a shame given Tron’s expanding popularity in the crypto...
DAMA 2, a new platform created with the purpose of connecting traditional finance with the blockchain technology, has been launched. The platform gives investment professionals the powerful, yet simple to use, tools to quickly issue tokens, manage compliance, distribution across multiple blockchains and tokenized asset servicing. This makes it unnecessary...
Bitcoin’s price saw big volatility on the day, briefly hitting new all-time highs with a high of $105,581.85 and as low as $103,646.36. The largest cryptocurrency by market capitalization is trading at $103,867.5 as of writing time, down more than 1% in the past day. This price movement comes against...
New to our analyst ranks is Elior Manier, a former officer at Israel’s Ministry of Finance with more than seven years of experience in financial markets. Manier’s expertise lies in evaluating how the introduction of breaking news, shifts in market sentiment, and key economic data releases influence trading flows. It’s...
Founded in 2020, UK-based Abraxas Capital Management is making a particularly aggressive bearish bet on the cryptocurrency market. The firm has so far bet close to $500 million on Bitcoin, Ethereum, and numerous altcoins going down. This trend demonstrates their wait for increased volatility and more severe market pullbacks. Total...
Meanwhile, Ethereum’s staking yield just fell below 3%. This amendment should be seen as a big positive development as the network enters its teenage years and more ETH continues to be staked. More than 35 million ETH have been staked, nearly 28% of the total supply. That enormous sum is...
Besides ETH, Internet Computer (ICP) has shown the most dominance in development activity. In fact, it has beaten some of the biggest cryptocurrencies like Ethereum (ETH) and Cardano (ADA). According to analytics firm Santiment, ICP has scored the highest score in this important healthy metric. This milestone is a testament...
Kraken’s Ink Network is debuting its own token. This layer-2 blockchain, constructed using Optimism’s OP Stack, plans to do that by fortifying its decentralized finance (DeFi) ecosystem. The network, launched in October by the U.S. crypto exchange Kraken, is not just another layer-2 solution, but a foundation for a comprehensive...
Ethereum, the second largest altcoin by market capitalization, is poised to rip. Crypto analyst Michaël van de Poppe is pretty bullish on its prospects, despite Bitcoin’s surge in dominance. Van de Poppe suggests that Ethereum is gearing up for a substantial move against Bitcoin, potentially leading the way during the...
Namely Ethereum (ETH), which is once again trading above $2,500. This growth is propelled by greater regulatory clarity, the recent approval of Ethereum ETFs, and a broader understanding of its imperative function in the future of tokenized finance. After facing resistance near $2,800, Ethereum rebounded from a support zone at...
