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…
Projects
A Guide to RAI Finance – Is This the Future of Cross-Chain Trading?
The decentralized finance sector continues to expand and produce new and interesting protocols every day. However, the niche struggles with the same problems that inhibit the entire crypto industry from progressing at lightning speed. DeFi sees its progress striving to solve problems like scalability, liquidity, and asset diversity. Fortunately, there are projects with million-dollar plans to eradicate these issues. One of them is RAI Finance, a decentralized cross-chain exchange growing on Polkadot just as fast as the DeFi boom of…
4 years ago
A Gateway to Decentralized Payments: Request Network Review
The blockchain industry is evidently growing at a rapid rate thanks to increased global security and transparency. One sector that has been immensely transformed by blockchain technology is global payments through seamless peer-to-peer transactions. However, the current blockchain-based payment platforms are costly and quite inefficient due to slow transactions and scalability issues. Billed as "PayPal 2.0," Request Network is a revolutionary cryptocurrency payment system that allows anyone to request P2P payments via a Request Invoice for which the receipt can…
4 years ago
Etherscan – Helping to Support A Vibrant Ethereum Ecosystem
Etherscan is an independent blockchain explorer that has seen considerable growth in-line with the overall expansion of Ethereum's ecosystem. The platform functions kind of like a search engine for the Ethereum blockchain. Anyone can use this protocol to research, confirm, and validate transactions that have been confirmed on the Ethereum blockchain. The platform provides an easy way for regular users to navigate the distributed network. Consequently, its regarded as one of the most valuable resources available to Ethereum network participants.…
4 years ago
DeFi Dark Horse: MDEX Decentralized Cryptocurrency Exchange
The rapid growth of DeFi (Decentralized Finance) has seen an increase in the demand for technical infrastructure and made the existing DeFi sector very dynamic. Most importantly, DeFi growth has brought congestion in the Ethereum blockchain resulting in an immense rise in the GAS fees and higher ETH prices. The effect has been the increased development of other chains, notably the Huobi Ecological Chain (Heco) and its platforms. One such platform built on the Heco Chain, taking the Decentralized Exchange…
4 years ago
A Guide to DeFiner (FIN) – A Peer-to-Peer Marketplace without Middlemen
The decentralized finance sector offers a secure venue for people to get the best from their crypto assets. Few platforms embody this approach better than DeFiner. This peer-to-peer network enables its users to lend, borrow, and gain interest using their cryptocurrencies without acting as custodians. DeFiner has all the ingredients of a successful DeFi recipe. Crypto experts and project managers run it. Trustworthy industry companies have already audited it, and several important crypto investors back it to get to the…
4 years ago
Divi Project: Bringing You Closer to a World-Class Financial System
Before Bitcoin, the financial systems have been the heart of global economics and markets. Almost every financial decision could start, go via or end in one of the financial system's entities. However, with the numerous perquisites of blockchain technology, folks have begun to realize the system's loopholes up to the point that it's now called a traditional finance system. So, if that's traditional, what does the modern financial system entail? Well, that's where Divi comes in. Divi is a project…
4 years ago
DASH – Powerful Features to Further Your Crypto Investment Strategy
Dash is a cryptocurrency that continues to see growing adoption. The innovative developers behind this project combined various proprietary technologies to create an efficient and fast network that enables users to make private transactions on a public blockchain. Since its inception, the DASH project has been popular in the market. The network’s scalability and unparalleled security are also major draws for this crypto. DASH users can send transactions globally in near real-time utilizing the network’s advanced features. Consequently, DASH consistently ranks among…
4 years ago
Insights Network: A Platform Offering Data Monetization Opportunities
Data collection, selling, and manipulation practices are on the rise on the internet today— some of the largest internet-based platforms are beneficiaries of data collection. Platforms collecting the information often track apps behavior from individual mobile devices. The information is collected without consent, and as such, to some extent, that is an infringement of privacy. On some occasions, hackers have been able to attack the information systems and leave with large private personal data chunks. What if there were a…
4 years ago
A Guide to Kusama (KSM) – Polkadot’s Wild Cousin
Less than two years ago, Polkadot launched Kusama, an experimental blockchain platform where developers could test their latest projects before migrating them to the main architecture. In the meantime, Kusama has reached such a high level of popularity that many developers choose to keep building their applications on it instead of moving to Polkadot. Today, we take a closer look at Kusama and the features that made it more popular for some than its parent platform, and whether Polkadot has…
4 years ago