With all the shifts happening in the crypto scene, big names like Ethereum, Solana, and Avalanche may seem a bit overdone or old hat. However, there’s a new wave of tokens that are raring to go. Despite some uncertainty, these 5 fresh faces appear promising. Read on if you’re curious …
binance smart chain
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This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk 20 Index: 1,849.02 +0.94% Bitcoin (BTC): $58,248.56 +0.33% Ether (ETH): $2,369.12 +0.95% S&P 500: 5,595.76 +0.75% Gold: $2,567.76 +0.37% …
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Stablecoins are increasingly used for everyday finances such as savings, currency conversion and cross-border payments in emerging markets, according to a Thursday report by digital asset investment firm Castle Island Ventures and hedge fund group Brevan Howard. Based on a survey of more than 2,500 cryptocurrency users in Brazil, Nigeria, …
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These meme coin launchpads have both emerged as market leaders, inadvertently competing for dominance in the space. Traders are watching closely to see which platform will gain the upper hand as the rivalry continues. DWF Ventures conducted an in-depth analysis comparing Tron’s SunPump and Solana’s Pump.fun. The report highlights key …
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Decentralized exchanges (DEX) registered $179 billion in spot trading volume last month, falling 9% on a monthly basis, while their centralized peers rose roughly 8% during the same period, according to data from DefiLlama and The Block. The volume ratio between both ecosystems is now 14.8%. Ethereum reclaims the crown …
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Decentralized finance (DeFI) has experienced massive growth in the last couple of years and is currently worth $76.1 billion, per Forbes. Regardless, the market is still in its early phase, with new trends popping up from all angles. One such nascent trend is automated or algorithmic trading. The future of …
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Coinbase’s layer-2 network Base has recently achieved a key milestone, hitting over 1 million daily active addresses. According to data from blockchain analytics platform GrowThePie, the Ethereum layer-2 network surpassed the 1 million mark for the first time on Aug. 24 when its active addresses reached 1.05 million. Coinbase Base …
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The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and …
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However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are eight major token unlocks to watch next week. Yield Guild Games Unlock date: August 27 Number of tokens unlocked: 14.08 million YGG Current circulating supply: 380.83 million YGG Yield Guild Games (YGG) …
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Earlier, there were reports that Tether was planning to launch a blockchain. Those reports were received well by the crypto community. Some even termed the plan as revolutionary. But, a recent statement made by Tether CEO indicated that the organisation now has a different thought. What’s It? Read on! Tether’s …