Cryptocurrency Market

  • Market Cap: $2,389,478,741,104.17
  • 24h Vol: $54,570,981,800.68
  • BTC Dominance: 56.58%

future

pancakeswap-launches-version-3-of-protocol-on-bnb-and-ethereum-blockchains

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in […]

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains Read More »

stablecoin-supply-shift:-tusd-jumps-110%-while-others-experience-reductions

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions Read More »

bybit-halts-us-dollar-deposits-via-bank-transfer-due-to-service-‘outages’-from-partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit,

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner Read More »

lido’s-liquid-staking-protocol-dominates-with-$9.3b-in-locked-ethereum,-boosted-by-tron-founder’s-deposits

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits

During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits Read More »

artificial-intelligence-crypto-assets-continue-to-surge,-accounting-for-$4-billion-in-market-value

Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value

Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto economy’s value. Majority of

Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value Read More »

liquid-staking-platform-lido-sees-largest-daily-stake-inflow,-receives-150,000-eth-reportedly-from-tron-founder

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder Read More »

bitcoin-mining-difficulty-reaches-all-time-high-as-miners-face-second-largest-increase-this-year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year Read More »

ethereum’s-transition-to-proof-of-stake-yields-deflationary-results

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to

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napster-expands-into-web3-music-space-with-acquisition-of-mint-songs

Napster Expands Into Web3 Music Space With Acquisition of Mint Songs

On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music space,” and he believes Web3 innovations can help musicians find

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silvergate-bank-becomes-most-shorted-stock-in-us,-but-sees-boost-with-citadel-securities-stake

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake Read More »