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Stablecoins have become the most used cryptocurrency and are becoming part of the global economy
How Stablecoins are impacting traditional financial services and becoming part of the global economy Stablecoins were once used primarily for trading cryptocurrency. But today, they have become a versatile tool for everyday use. In a new report, analytics company Chainalysis noted that transactions with stablecoins account for ⅔ of the total transaction volume in the crypto market. Experts pointed out that this type of cryptocurrency is a crucial element in the process of integrating blockchain
XRP confidently goes to the top 3 in capitalization among all cryptocurrencies
The sharp rise in the XRP exchange rate came amid reports about the possible imminent approval in the US of a new stablecoin from Ripple Labs Cryptocurrency XRP (XRP) from Ripple Labs has entered the third place in terms of capitalization. The coin has surpassed Solana (SOL) and the largest stablecoin USDT from Tether in this ranking and is now second only to bitcoin and Ethereum. Until the end of November, XRP was ranked fifth on the list of the largest cryptocurrencies, but amid reports that t
Solana surpassed Bitcoin in price growth, how it happened
Solana has entered the top 5 largest projects by capitalization, becoming one of the fastest growing blockchain networks in 2024 In 2024, the Solana blockchain network has become one of the most popular and used platforms in the crypto market, showing growth of thousands of percent over the past two years. This year, it has attracted the attention of not only regular users but also financial organizations. The price of native blockchain token Solana ( $SOL ) crossed the $263 mark, which was a ne
This is just the start of growth for BTC - opinions of funds managing billion-dollar capitals
One of the largest funds managing tens of billions in capital has given reasons for bitcoin's continued growth next year After the U.S. presidential election, the bitcoin rate has renewed its historic high, reaching $93 thousand on November 13. Matthew Sigel, head of digital asset research at VanEck Investment Company, expects, as TheBlock writes, that in the next six months, quotes of the main cryptocurrency can reach even higher heights, within $180 thousand. Since Nov. 5, the day of the U.S.
How much money Ethereum team has and where it spends it
How much money the Ethereum team has spent over the past few years. Why ETH “hid” their budget The Ethereum Foundation (EF), the organization behind the development of the Ethereum blockchain, has published a financial report disclosing reserves - for the first time in 2.5 years. One of EF's innovations was a policy governing conflicts of interest. It spells out rules for employees regarding investments in individual ecosystem projects, as well as employment outside of EF. The report comes days
Important events, updates and unlocking crypto project tokens in November
We tell you what you need to pay attention to in November and important events for the crypto world November 4-6, 2024: Crypto Assets Conference (CAC) in Germany The Crypto Assets Conference (CAC), an annual conference dedicated to digital assets, blockchain technology and financial innovation, will be held in early November. CAC 2024 will take place November 4-6 in Frankfurt am Main, Germany, and will bring together experts, developers and opinion leaders in blockchain, financial technology, to
Can Bitcoin reach a new ATH before the end of 2024
Our experts have estimated the chances of Bitcoin reaching new ATH in the next two months On the morning of March 14, 2024, bitcoin reached a record high of $73,666 with a capitalization of $1.45 trillion. At the moment, bitcoin only needs to rise in price by a few percent to reach a new high. Bitcoin is trading slightly below its previous all-time high, suggesting that even a small boost to growth could lead to a renewal of the all-time high, and that could happen before the end of this year. N
Hot and cold cryptocurrency wallets - what they are and which one to choose
We tell you how to choose the right wallet option for holding cryptocurrency and tokens When it comes to holding cryptocurrencies, choosing the right wallet is crucial to the safety of your assets. Our experts explain what cold and hot cryptocurrency wallets are, their pros and cons, and how to choose the best option for your needs What is the difference between hot and cold cryptocurrency wallets A cryptocurrency wallet is a tool where users hold, send and receive cryptocurrency. It does not ho
The most expected Airdrop projects that could reward the community by the end of 2024 The upcoming few months of 2024 may become active in the crypto market in terms of the emergence of new tokens through Airdrops. This mechanism is a form of distributing cryptoproject tokens to early users for certain actions at a designated time. Most often, tokens are given out as incentives or for marketing purposes. Crypto startup teams can reward participants with native tokens from their platform for thei
HBO has found out the real identity of Satoshi Nakamoto, possible nominees
HBO will soon air a movie about Satoshi Nakamoto and we take a look at the most suitable people to play the role HBO TV channel announced the documentary Money Electric: The Bitcoin Mystery dedicated to the history of bitcoin. The creators of the picture stated that they were able to determine the identity of the creator of bitcoin under the pseudonym Satoshi Nakamoto. The premiere of the film will be held on October 9, the director was Cullen Hoback, known for his work on the mini-series “Q: Le
Life after Hamster Kombat, what's in store for TON next
How will TON cryptocurrency be affected by the latest listing of a popular game and the possible separation of blockchain from messenger Telegram Since the beginning of 2024, tap-to-earn games in Telegram messenger, called “clickers”, have become a real trend. The Notcoin game gained viral popularity in Telegram, its creators built a successful marketing, and the referral system and support of Influencers. And then the support of the Telegram team helped it to quickly gain millions of players wh
We tell you which blockchain apps utilize the GameFi mechanics, allowing players to earn cryptocurrency To start by answering the question of what GameFi is, it is a combination of the words “game” and “finance” that represents a new trend in the blockchain gaming industry. GameFi is a platform or project that uses elements of decentralized finance (DeFi) in game mechanics, allowing players to earn cryptocurrency and digital assets (e.g. tokens and NFTs) as they play. Unlike traditional games, G
How Toncoin cryptocurrency is now popular globally
The number of transactions in the TON blockchain, which is closely connected with Telegram, has grown by thousands of percent over the year. Experts have told us who uses it and what influences it The number of transactions on the TON blockchain increased by 2,492% in a year, according to data from analytics platform Cryptorank. The ecosystem leads the other networks in terms of the rate of increase in activity. The blockchain, founded by Pavel Durov and closely related to Telegram, attracted a
Why the bitcoin price will no longer “work” as it has in past four-year cycles of rise and fall Bitcoin no longer “obeys” four-year price cycles, showing the worst quote dynamics in its history in terms of such cycles. Analysts at Outlier Ventures noted that halving no longer has any fundamental significance, having only “some” psychological effects. 125 days after each halving, the bitcoin price has shown an increase: up 739% 125 days after the 2012 halving, 10% in 2016, and 22% in 2020. But th
Vitalik Buterin proposed a new mechanism of Airdrop
The Ethereum founder believes that the concept of free token distribution in the airdrop format should be reconsidered. He proposed two options for improving the token distribution process Airdrops have become the trend of 2024 in the crypto market. Every month, several projects issue tokens at once and distribute a part of their issue to early users. The popularization of the concept of free token distribution has led to high competition from both projects and users. Token creators are trying n
Sony will launch its own blockchain, while Tether declined to do so
Sony has decided to develop its own decentralized ecosystem, while Tether sees no reason to create a separate network Sony Block Solutions Labs, a joint venture between Sony Group and Singapore's Startale Labs, has announced the development of a new blockchain called Soneium. As envisioned by the developers, it will be an infrastructure network that forms the basis for the development of a decentralized Web3 ecosystem. The project promises to launch a test network soon. The team intends to attra
Pension funds in various countries are investing more and more in Bitcoin
Starting in 2019, pension funds have started investing in cryptocurrencies. Which countries allow investing in bitcoins and cryptocurrencies and in what ways The launch of spot Bitcoin-ETF has led to the popularization of cryptocurrencies not only by financial institutions, but also by traditional pension funds. According to data for 2024 alone, such funds have invested hundreds of millions of dollars one way or another in the crypto market. Pension funds South Korea South Korea's National Pensi
Airdrop from crypto projects in 2024, what to expect
Our experts analyzed what is happening with airdrops in 2024, why it got worse and what to expect in the future In 2024, Airdrop tokens were distributed to their users: platforms zkSync, Layerzero, Blast, Wormhole, Layer3 and dozens of other projects. However, only a few Airdrops made the community happy. Let's analyze why today the releases of new coins are met with negativity and what will help to earn more on the giveaways than others. Airdrops have become the "gold chip" of 2024. Every month
Our experts assessed the factors that led to the fall of cryptocurrencies, as well as predicted the future behavior of Bitcoin price Cryptocurrencies lost about 16% of their total market capitalization in the past 24 hours - the figure fell to $1.8 billion. This daily drop was one of the largest since January 2022. Since the beginning of August, the figure has lost 22%, back to the mark at the beginning of February 2024, according to Coinmarketcap. Macroeconomic and geopolitical factors have bee
More than 2.5 million new crypto projects have already launched in 2024
Where the interest in creating millions of cryptocurrencies came from and what users are doing with them Every day, tens of thousands of new tokens are created in the crypto market. Not all of them have value and the ability to be listed on centralized exchanges such as Binance, Bybit or Coinbase. Token creators often resort to listing their assets on decentralized exchanges, where they don't need to get third-party permission to start trading a token. Since March 2024, more than 1.1 million tok