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
FUSION DCRM Interoperability Connecting All Blockchains with Traditional Finance
It's without a doubt that blockchain technology has brought an enormous change in the finance industry. The distributed ledger technology (DLT) has dramatically transformed well-established financial institutions by improving transparency, lowering transaction costs, allowing faster transaction execution, and creating audibility of operations. For instance, blockchain technology has enhanced digital payments in the banking industry, introduced smart contracts, and integrates cryptography in a shared database to enhance transparency. But while blockchain technology has enormously transformed the finance sector, mainstream adoption is…
5 years ago
Qtum: Combining the Best of Ethereum and Bitcoin
When it comes to blockchain, Bitcoin and Ethereum are unbeatable. Bitcoin, the most popular and stable network, gave birth to a new decentralized digital currency form. Ethereum, on the other hand, brought smart contracts that are used to power tamper-proof financial contracts and decentralized applications (DApps). In essence, Ether - Ethereum's coin was meant to complement and not compete with Bitcoin - Bitcoin's coin and the first cryptocurrency. In other words, the two networks can be combined to come up…
5 years ago
What is Quorum and Why Quorum Blockchain is Ideal for Enterprises
The use of blockchain technology in the financial sector remains the most prominent, and with great results. While blockchain has increased in prominence, it is yet to gain the confidence that conventional finance already has. Financial institutions have been slow to adopt the use of blockchain technology into their functions. This is why Quorum was developed, to aid them in their transition into blockchain. JPMorgan developed quorum in partnership with Microsoft. The role of Microsoft in this project is to…
5 years ago
Binance Academy – The Ultimate Crypto Educator
Without any doubt, one of the most dominant players in the Blockchain market is Binance Labs. The organization is an all-in-one blockchain ecosystem comprised of Exchange, Lab, Launchpad, Info, Academy, and Charity Foundation, all handled by their in-house blockchain - the Binance Chain. Founded under the leadership of CEO Changpeng Zhao, it is operated by a dedicated team of fintech and crypto experts. Notably, Binance Chain, which acts as the back-end support to all of Binance's activities, handles the Binance…
5 years ago
LCX: The Ideal Blend of Legal Infrastructure and a Tokenization Platform
The Liechtenstein Cryptoassets Exchange, LCX, is the newest contender for being a category leader in the blockchain industry. The platform seeks to provide a blockchain ecosystem for the crypto and fiat financial industries. LCX has its roots in fintech and has been around since 2017. Through various products, the platform is looking to tokenize everything. LCX aims to innovate capital markets and provides solutions for compliant digital assets and security tokens. LCX's Birth The brain behind LCX, Monty Metzger, has…
5 years ago
TradingView: The Best Cryptocurrency Charting Platform
TradingView is a U.S.-based provider of financial markets data charts and analysis. You can access the service via a mobile app for iOS, Google Chrome Browser App, and an Android application. The cross-platform charting product from TradingView is a significant milestone for the cryptocurrency trading industry. It allows users to get an in-depth analysis of multiple cryptocurrencies alongside alerts about developing news within the digital currency sector. This guide examines the crypto trading platform to unravel how it can be…
5 years ago
Block.one: The Leader in High-performance Blockchain Solutions
Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. The block.one team provides “end-to-end solutions” to bring corporations, investors, and institutions onto the blockchain via various services. Here is a beginner’s guide…
5 years ago
Steemit: The Best Social Platform For Crypto Enthusiasts?
There is an overwhelming increase in the number of different social media platforms. Let's face it; there is a good chance that you have an account on either Twitter, Facebook, or Instagram. Do you remember how challenging it was to get around when you were new to the platform? Getting acquainted with a new social media platform becomes even more profound when looking at niche-based social media platforms. The crypto niche has created products replicating our existing products, including social…
5 years ago
Aurus: Making Gold as Easy as Money
Gold has long since been considered a safe asset. Therefore, it is no surprise that experts always look for ways to develop gold-backed digital assets. However, the search for gold-backed digital assets intensified after Bitcoin’s price surpassed gold in 2017. In addition, blockchain technology has long established itself as a secure accounting method, bringing a new approach to searching for these assets. There have been several gold-backed cryptocurrencies; the newest player in the field is Aurus Technologies. The company has been…
5 years ago