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…
Adoption
Dogecoin Adoption Surges as Venezuela Migrants Choose Telegram for Remittances
Venezuela has turned to crypto as channels like banks and Western Union/Moneygram impose high fees, and Dogecoin is emerging as one of the market leaders in the South American nation. With the Venezuelan economy going through one of its worst crises, citizens rely on migrant workers’ remittances, and Doge’s low fees and fast transactions make it ideal. Dogecoin has been steadily moving away from the “just a memecoin” brand as its real-world use cases continue to expand. Its latest field…
11 months ago
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AdoptionMass Adoption? NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days
The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the cryptocurrency community. Market observers point to several factors driving this growth, including the protocol’s focus on scalability, low fees, and its ambitious foray into artificial intelligence (AI) integration. Active Users Flock To NEAR Scalable Ecosystem Data suggests a…
11 months ago
How PR Can Help Bridge the Gap Between Blockchain and Mainstream Adoption
You’re at a dinner party when the conversation turns to cryptocurrency. “Didn’t that whole crypto thing crash and burn?” someone asks sceptically. “I heard it was all a scam.” As enthusiastic as they are, the blockchain supporters shift awkwardly, struggling to counter these snap judgments. Before long, the cynicism takes over and nobody is really any the wiser about the real benefits of crypto or its underlying blockchain technology. Sound familiar? Unfortunately, misunderstandings like this are still all too common…
11 months ago
Stripe And Coinbase Team Up To Boost On-Chain Adoption
The post Stripe And Coinbase Team Up To Boost On-Chain Adoption appeared first on Coinpedia Fintech News Stripe and Coinbase have partnered up to increase on-chain adoption and provide faster, cheaper financial infrastructure. Stripe intends to add support for Base across its crypto product suite to offer users faster and cheaper money transfers. Coinbase is adding Stripe’s fiat-to-crypto onramp into Coinbase Wallet to allow users to buy crypto instantly with credit cards and Apple Pay. By adding support for Base,…
12 months ago
Ripple VP Emi Yoshikawa Praises XRP Ledger Surge in Korea Amid Enterprise Adoption
Ripple’s VP Emi Yoshikawa highlights significant XRPL adoption in South Korea, driven by business interest in digital assets. Infinite Block, Korea’s licensed digital asset custody provider, expands XRPL services, enhancing regulatory compliance and enterprise use. As predicted in the CNF report, XRP Price Can Profit Ripple from Launches APAC Fund Amid SEC Legal Challenges, the aims have been achieved to advance innovation within the XRPL ledger in Japan by forging corporate partnerships, offering developer grants, making startup investments, and fostering…
12 months ago
Polkadot’s PoKe Initiative Aims to Propel Enterprise and Government Adoption of Web3
The Polkadot Key Account BD Unit (PoKe) focuses on large-scale enterprise and government adoption through rigorous research, strategic lobbying, and presence at industry events. The Web3 Foundation funds PoKe through its Decentralized Futures Fund, which caters to activities that are not intended to produce immediate profits but will transition to profit mode in the future. Blockchain technology has become a key infrastructure at the enterprise level. Multi-billion dollar institutions are now leveraging the technology to issue bonds, tokenize assets, enhance…
12 months ago
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AdoptionMcKinsey Report Reveals Broader Tokenisation Adoption Still Far Away
The post McKinsey Report Reveals Broader Tokenisation Adoption Still Far Away appeared first on Coinpedia Fintech News Mc Kinsey and company in a report predicted that even in an optimistic scenario by 2030, the tokenized asset market might just be $4 trillion as financial institutions embrace blockchain technology for traditional financial instruments at a slower pace and a limited range of assets. It noted that the number could be as low as $1 trillion. The company said that Tokenization adoption…
12 months ago
Binance Labs Backs Rango Exchange to Propel DeFi Adoption Across Blockchains
Binance Labs announces to have invested in Rango exchange in the second round of the investment program with the participation of Nomad Capital and Foresight Ventures. Rango is handling more than two million daily swap quotes which involve 600K unique wallet addresses. The Venture Capital (VC) and incubation arm of Binance (BNB), Binance Labs announces a strategic investment into cross-chain decentralized exchange (DEX) and bridge aggregator Rango. According to Yi He, co-founder of Binance and Head of Binance Labs, the…
12 months ago
How Has Polkadot Stormed Ahead on Web3 Gaming Adoption?
Polkadot has been featured in the crypto news headlines on several occasions over recent weeks – and for all the right reasons. However, even with big news around a new platform launch and a long-awaited meeting of minds between founders, it’s in the Web3 gaming segment that the multichain platform seems to be storming ahead. Ethereum’s ongoing roadmap aside, it’s relatively rare for the largest established blockchain projects to announce big infrastructural upgrades. Polkadot has recently broken out of this…
12 months ago