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
Monolith – The Start of the Decentralized Finance (DeFi) Revolution
Monolith is a complete DeFi ecosystem that seeks to correct some of the most pressing issues facing the current banking system. This unique platform provides users with a host of functionalities not found anywhere else in the market. Consequently, Monolith continues to experience growing adoption. Monolith allows users to swap, spend, earn interest via an easy to navigate interface. Notably, users can enjoy these services anywhere, globally. It would help if you had an internet connection and a smartphone. In this…
5 years ago
Flits Wallet – The First Decentralized Masternode and Staking App
Flits is a mobile dApp that allows users to earn passive income by staking their crypto or by hosting decentralized masternodes. The platform introduces a variety of new protocols that raises the bar in terms of flexibility and functionality. Here's what makes the Flits Wallet one of the most interesting projects in the sector. Interestingly, Flits originates from the Dutch word 'flash.' Developers felt this name properly described the goal of Flits, to make staking coins easier and faster than…
5 years ago
DeFiChain – A Glimpse into the Future of Decentralized Finance (DeFi)
DeFiChain is a fourth-generation blockchain platform that enables fast, intelligent, and transparent, decentralized financial applications. This game-changing platform provides users seamless access to decentralized financial services through an easy-to-navigate interface. In this way, DeFiChain can provide what the competition cannot - a reliable alternative form of financial services built on top of Bitcoin's blockchain. How DeFiChain Works The DeFiChain platform approaches decentralized finance in a unique manner that enables some truly amazing functionality. Unlike most major DeFi projects at this…
5 years ago
Crypto.com Wallet: Giving Users Full Control of Crypto and Earn Interest with DeFi
Crypto wallets are like bank accounts; they help you monitor your balance and make transactions. Therefore, choosing the right wallet has far-reaching implications because your digital assets are concerned. The most pragmatic and practical reasons when choosing a wallet surround their usability and security. Keeping your funds secure and the ease of use of a crypto wallet are crucial factors to consider. Additionally, every crypto enthusiast must realize that these wallets don't actually "store" the crypto. They only act as…
5 years ago
A Beginners Guide to the DigiByte (DGB) Blockchain Project
DigiByte is an open-source third-generation blockchain that integrates various proprietary technologies to simplify the most common tasks within the sector. This revolutionary platform provides users with more security, increased transaction speeds, improved functionality, and an overall better UX than previous blockchains. Additionally, the platform's flexible design supports digital assets, smart contracts, decentralized applications, secure authentication, and more. Importantly, DigiByte is one of the safest, fastest, and most decentralized UTXO blockchain in existence. The history of this unique protocol begins in late…
5 years ago
The Beginner’s Guide to Chainlink (LINK)
Chainlink is the frontrunner in the emerging niche of decentralized oracle networks. In less than three years since its release, it has become the favorite instrument for linking smart contracts with off-chain, real-world applications. The most popular oracle service has already struck partnerships with some of the world's biggest brands, including Google and Microsoft. Furthermore, its native token, LINK, has surged to become the 5th-largest cryptocurrency by market capitalization. In 2020, DeFi and DApp developers turn to Chainlink whenever they…
5 years ago
7 Reasons Why You Should Trade on the Block DX Decentralized Exchange
Cryptocurrency exchanges offer a seamless way to exchange digital currencies for other crypto assets or conventional fiat money. The advancement in cryptocurrency exchanges has been instrumental in spurring mainstream crypto adoption. Crypto exchanges are grouped into two broad categories: centralized exchanges (CEXs) and decentralized exchanges (DEXs). Centralized exchanges, also referred to as custodial, are controlled by a central authority in charge of users' digital assets. They feature a highly regulated trading environment and also involve third parties. Decentralized Exchanges Decentralized…
5 years ago
Zcash Privacy Features: Can it Foster Faster Crypto Adoption
The global crypto adoption was recently approximated to be 5% of the worldwide population. However, privacy has been hindering the even faster adoption of crypto into the world. Individuals, companies, and governments fear blockchains' transparency since it means full exposure of private information. Zcash, however, offers privacy to every individual and company by keeping details of all transactions anonymous. What is Zcash, and how does it enhance privacy? Zcash Overview Zcash is a crypto asset that has majored in providing…
5 years ago
StackOfStake: Simple and Efficient Staking and Masternodes Platform
The cryptocurrency sector has significantly grown since the introduction of the first coin, Bitcoin, in 2009. Today, there are thousands of cryptocurrencies in existence, although bitcoin is still the industry leader. The crypto industry is reportedly attracting more millennials who have greater access to the internet and smartphones. Trading has been their major attraction and is still a significant incentive to many towards the industry. However, most coins initially operated on energy-inefficient consensus algorithms, and this poses a threat to…
5 years ago