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…
Reviews
CryptX Review – A Crypto Wallet with Swiss Vault Storage
Crypto holders and traders need safe and reliable solutions for cryptocurrency storage. Nobody knows this better than CryptX, a secure operational crypto wallet that stores all supported assets and private keys in Swiss bank-grade Hardware Security Modules (HSM). CryptX supports over 100 coins and has recently partnered with Genesis, one of the most trusted Bitcoin ATMs in the industry. This hot wallet is just warming up, and its impressive set of features and client benefits is sure to lure in…
5 years ago
BurgerSwap: The New DeFi Protocol Changing the Wave of Yield Farming Governance
Saying that DeFi is a boom is an understatement, considering the great investments it offers all users. Yes, it's true that many new protocols enter the market with so much zeal but fail before they breathe life into yield farming. Others have been the pump and dump cases, leading to a careful approach to DeFi. So, what sets BurgerSwap aside? Is it just another crypto fad? Well, this promising new platform hit the markets recently after its launch on September…
5 years ago
Investing in Augur (REP) – Here is What You Need to Know?
Augur was one of the first platforms to surface on the Ethereum blockchain in 2015. It had a promising start before falling into obscurity. Now, five years later, the oracle for prediction markets godfathered by Vitalik Buterin is making a spectacular comeback. The recent release of Augur v2 is the first big upgrade to the protocol, and it comes with a comprehensive suite of improvements to Augur. The industry is looking at one of the most promising platforms that one…
5 years ago
Investing in Republic Protocol (REN) – Here is What You Need to Know
Republic Protocol or REN is an inhabitant of the crypto ecosystem that has yet to prove its worth. The open platform enables the permissionless and private transfer of assets and liquidity across blockchains, thus solving blockchain interoperability. As you're reading this beginner's guide to Republic Protocol, REN is rising with the Decentralized Finance (DeFi) market. The platform is rapidly gaining attention and trust as it waits for the mass adoption of blockchain technology. Republic Protocol in a Nutshell Republic Protocol…
5 years ago
Avalanche Consensus: Everything You Need to Know About it
A consensus protocol is the core of the blockchain network. Since the blockchain network is decentralized and works without third parties, a consensus protocol plays decision-making. Before data can be stored in the system's blocks, it needs to be correct and without conflict. The system requires participants (validators) to authenticate transactions with the help of virtual machines. Once each validator gives their verdict on each transaction, the system converges the data and decides on the most appropriate and agreeable opinion—a…
5 years ago
Investing in Aave (LEND) – Everything you Need to Know
Aave is more than just another DeFi protocol on its way to the top. It is an innovative money-lending platform in the crypto space that uses radical reinventing and unique features to stay in the spotlight. Decentralized Finance (DeFi) is a new and promising development within the cryptocurrency universe. It gives people more power over their assets and takes blockchain adoption a step closer to completion. Spearheading this financial revolution is several money market protocols that are surging in value…
5 years ago
Investing in UMA – Everything You Need to Know
The DeFi ecosystem is rapidly evolving and spurring new and fascinating projects that the cryptocurrency space did not even imagine a few years ago. The Universal Market Access or UMA is among them and one of the most innovative financial instruments deriving from blockchain technology. If you have ever wanted to invest in any asset on any market in the world, UMA might be the solution for you. This beginner’s guide to UMA should help you understand better one of…
5 years ago
Investing in Band Protocol (BAND) – Here’s What You Need To Know
The smart contract is one of the breakthroughs in blockchain technology. However, without secure access to reliable external data, their use is limited. Band Protocol is an open, decentralized cross-chain data oracle that provides curated, time-sensitive data to smart contracts through a network of oracles. Band Protocol is one of the best performers of the cryptocurrency ecosystem in 2020. It started the year trading at around $0.2, and it skyrocketed to almost $18 in August, establishing the highest record in…
5 years ago
Everything You Should Know About Casa Security for Bitcoins
Cryptocurrency theft is a billion-dollar business. No, you're not reading this wrong. Still unbelieving? How about some stats to put this into perspective? According to CipherTrace, the world's first Blockchain Forensics team, by June of this year, crypto theft had hit the $ 1.36 Billion mark. At that rate, 2020 is going to be the second-costliest year in crypto theft after 2019. In that year, crypto heists topped $ 4.5 Billion. As a crypto trader or holder, there are many…
5 years ago