Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
Using Stock-to-Flow Model to Predict Bitcoin’s Future Price
Since the introduction of Bitcoin in 2009, digital currency has seen a tremendous increase in its unit price. Crypto fanatics and investors, at times, try to predict the future unit prices of bitcoin, but it has proven to be an enormous task. In addition, investors want to understand the best time to invest in bitcoins. So, how do you predict the price of something so volatile? The Stock-to-Flow model is quite effective at predicting bitcoin prices. Keep reading to see…
5 years ago
How to avoid buying into an ICO or Token Sale that is destined to fail
An Initial Coin Offering (ICO) is an easy way of investing in a blockchain-based project that is still developing. With good research, intuition, and luck, you may buy into a future cryptocurrency with global recognition. The next ICO could be the one that brings you a substantial ROI. However, it could also be one of the many that fail or turn out to be a hoax. Despite their continuous loss of credibility, ICOs remain widely popular. Today, we focus on the…
5 years ago
3 Incredible Altcoins to Watch out for in 2020 and 2021
Since the inception of Bitcoin in 2008, there has been a spike in the hype surrounding cryptocurrencies and blockchain. Though Bitcoin has dominated the market, more cryptocurrencies come into the market daily, with over 20000 digital currencies circulating the crypto world. A new era is in play for safer, sustainable, and profitable solutions for financial and investment spheres. More cryptocurrencies mean more options for multitudes fascinated by this dimension, which proves the typical notion that only big players can trade…
5 years ago
Top 4 Native Crypto Exchange Tokens
Anyone hanging around the crypto space in 2023 will recall the meteoric rise of all crypto assets, BTC and ETH, especially, which peaked at $69,000 and $4,500, respectively. The entire bull run was by the BTC halving, ETH's rampant innovation, and, most importantly, the DeFi and NFT craze. Since then, the crypto market has been in a 1-year-long recovery phase, with thousands of projects leaving the scene and even more coming up. Since the bull run, one of the leading…
5 years ago
A Complete Guide On Crypto Liquidity Providers – How does it Work?
The crypto industry has, for a long, been very unstable. Bitcoin, for example, has experienced episodes of very high liquidity, then later very low liquidity. Liquidity is the ability of an asset to be converted to cash. Recently, however, the crypto world has seen the rise of crypto liquidity providers. So who are crypto liquidity providers, why do we need them, and what do they do? We will discuss all these in detail in the sections below. Who are Crypto…
5 years ago
Top 4 Non-USD Cryptocurrency Stablecoins to Fight Crypto Volatility
Tokenization is substituting a tangible or non-tangible asset with a digital equivalent. Inside the tokenization sphere, Stablecoins is a concept that has been making constant headlines. Starting with USDT (Tether), stablecoins have increasingly become the greatest craze in the crypto industry. Stablecoins allow us to transfer and transform the volatility of cryptocurrency into a stable asset. In a previous post, we discussed the most important form of Stablecoin there is - the US dollar. Owing to its relative stability, global acceptance,…
5 years ago
How Crypto Can Revolutionize the Payment System Worldwide
The exchange of goods and services for money is one of the fundamental aspects of human existence. Thus, payment systems were established to facilitate funds transfer from one entity to another. Payment systems have undergone several changes since their establishment. Unfortunately, none of them has been perfect, with each presenting its unique setbacks. This was one reason blockchain and digital currencies were established; to facilitate a more effective payment system for the entire world. The adoption of blockchain and cryptocurrencies…
5 years ago
Multi-currency Crypto Wallets with Passive Income Features
Cryptocurrency wallets are useful tools that allow crypto enthusiasts quick access to their crypto assets. It's worth mentioning that this is one way the global use of cryptocurrencies can become a reality in our daily lives. However, some multicurrency wallets have moved a step further, not only as a payment tool but also to serve other unique functions in the digital financial world. Blockchain solutions have enabled crypto enthusiasts to use their cryptocurrency wallets as a haven to grow their…
5 years ago
5 Most Popular USD Pegged StableCoins in the Cryptoverse
Stablecoins are cryptocurrencies designed to minimize the volatility danger of the notoriously unstable Crypto market. Theoretically, a stablecoin can be pegged to a cryptocurrency, fiat money, or exchange-traded commodities (such as precious metals or industrial metals). Since the advent of USDT - Tether in 2015, traders have felt a greater safety from the market's constant volatility. Stablecoins today are blockchain-based and usually tied to traditional assets, currencies, or a basket of assets and currencies. USD is traditionally the most sought-after…
5 years ago