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
CryptoTrader – Automate Your Trading Strategy with a Reputable Trading Bot
CryptoTrader is a cloud-based automated trading ecosystem. The platform includes various trading bots. Trading bots are more popular than ever in the market because they allow investors to take a break from monitoring market conditions without missing any profitable opportunities. The network is well-recognized and provides multiple services geared to improving your responsiveness and overall profitability. Benefits of CryptoTrader Bot The developers behind CryptoTrader combined the most popular features into their inclusive network. You can use CryptoTrader bots to exchange…
4 years ago
A Guide to Quant Network: The Solution to Blockchain Interoperability?
As the number of new blockchains continues to surge, a glaring question appears: who will deliver a solution to blockchain interoperability? There are already some crypto projects like Band Protocol attempting to solve this age-old problem, but the answer may come from a project outside of the crypto space. Quant Network is a UK-based blockchain company that may have what it takes to support technologies and applications from different blockchains working together. What is Quant Network? Quant Network is a…
4 years ago
Zilliqa Review: The Most Recent Breakthrough in Blockchain Technology
Blockchain technology is never-ending to answer the old scaling issue, and Zilliqa may be the first project to solve it. Using sharding and a hybrid consensus mechanism, Zilliqa provides a secure network for high throughput DApps, eco-friendly dual mining, and non-custodial staking. Zilliqa is less than five years old, and it is evolving at a rapid pace. In this review, we analyze its performance so far as we dissect its functioning mechanisms. What Is Zilliqa? Zilliqa project is the first…
4 years ago
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AccointingTags
AccointingIntroducing Accointing.com: The One-Stop Shop for All Crypto Services
The crypto world is one vast industry introducing a wide array of benefits every new day, but becoming complicated for new players. For instance, the investors need to have a wallet to start trading and, in some platforms, a minimum amount of crypto assets. A large scale investor may need multiple wallets to trade in many different crypto assets and earn returns. In addition to wallets, there are exchange platforms necessary in crypto trading. Controlling all these platforms and portfolios…
4 years ago
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Kyber NetworkTags
Kyber NetworkA Guide to Kyber Network – The Asset Exchange of the Future
The Kyber Network is a bit over three-years-old, but it has already become one of the best-established projects in the crypto space. The protocol developed from a decentralized exchange into a full-scale DAO. Today, Kyber is a token-swapping seamless service where DeFi platforms, merchants, and individuals come together. Kyber Network is not the only DeFi project of its kind. However, its ambition to become the go-to liquidity service for the decentralized finance ecosystem is unprecedented. Some would say that Kyber is…
4 years ago
A Guide to Yam Finance – A Yield Farming Protocol That Has Seen it All
The summer of 2020 has brought many DeFi protocols into the limelight. Some of them were vying for attention for the past few years. Others sprung from the moist soil of the decentralized finance boom overnight and went from being pound shop projects to million-dollar protocols in just a few days. One of these sudden hits is Yam Finance, a yield farming protocol that has seen it all. Rising to unbelievable community support only to fall into disgrace and ridicule…
4 years ago
Unicrypt – Building Investor Confidence Through and Driving Innovation
Unicrypt is a blockchain ecosystem and liquidity locking mechanism that seeks to solve one of the most pressing issues facing new projects, investor confidence. This platform introduces various protocols designed to build more trust in new projects in the sector. Specifically, Unicrypt seeks to limit the risk associated with Uniswap purchases through its intuitive approach. Exit Scams Unicrypt’s primary goal is to reduce investor risks. Currently, Uniswap investors are left open to losses using the protocol. New projects continually enter…
4 years ago
Introducing DEXTools: The Center of all Defi Trading and Analysis
Trading in the crypto world is sometimes risky, especially to beginner investors. A single wrong move and the investor loses fortunes in their investments. Most of these risks arise because of the widening market, which comes with more insecurities and uncertainties. New investors will often need assistance or tools to ease their hassle and prosper when trading. However, most Defi platforms today are self-centered, each wanting to maximize its profits instead of focusing on the average investor. However, a new…
4 years ago
A Guide to Nexus Mutual – Decentralized Alternative to Insurance Reliable?
It isn't easy to keep up with the myriad of DeFi protocols spurring on the market every day. A sector with more than $14 billion in locked value protocols will always be a target for scams and hackers. In this high-risk environment, the need for a decentralized system of insurance is imperative. Nexus Mutual is a decentralized insurance platform that aims to give policyholders more power over their liquidity funds. The platform works as a peer-to-peer network in which users…
4 years ago