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…
BSC
BNB Chain Unveils Its Q1 Report: 55.8% Decrease in Value Loss; opBNB Crosses 20 Million Users; BSC TVL Jumps 70.8%
[PRESS RELEASE – Dubai, UAE, May 2nd, 2024] NB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today shared its report on the performance of BNB Chain in Q1 2024. It highlights the key growth metrics and updates for BNB Chain’s Layer 1 (L1) BNB Smart Chain (BSC), its L2 opBNB, the decentralized storage solution BNB Greenfield, and security measures. In Q1 2024, the average Daily Active Users (DAU) on BSC increased by 27.3% Quarter-on-Quarter…
1 year ago
BNB Chain to Enable Native Staking on BNB Smart Chain (BSC) following Beacon Chain Sunset
Dubai, UAE, April 25th, 2024, Chainwire All validators will migrate from Beacon Chain to BSC, enabling high-APY native staking on BSC and MEV-based benefits BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the addition of native liquid staking (LSDFi) on BNB Smart Chain (BSC) as a result of the BNB Beacon Chain sunset. Enabling high-APY native staking on BSC in addition to enhanced MEV rewards, liquid staking on BNB Chain will allow…
1 year ago
Introducing ProfitRocket.AI – The Future of Community-Driven, AI-Optimized Crypto Investing
ProfitRocket.AI - The 1st AI-powered, fully automated crypto investment fund built on Binance Smart Chain - has announced the imminent launch of its private ICO presale. The much-anticipated event is an important milestone in the project's development and includes a massive airdrop valued at over $320,000 (USD). Everyone is keeping an eye on this token presale. So, here’s what you need to know about ProfitRocket.AI and its ambitions before the event starts! How ProfitRocket.AI Seeks to Disrupt DeFi ProfitRocket.AI is…
2 years ago
DeFi Yield Protocol V2 Pools are live on ETH, BSC, and Avalanche
The yield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools. These pools live across multiple chains including Ethereum, Avalanche, and Binance Smart Chain (BSC). Buyback Pools Ethereum’s buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK. Meanwhile, Avalanche’s buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e.…
3 years ago
A Look at The Binance Smart Chain (BSC) – How Does It work?
The Binance Smart Chain (BSC) is the latest addition to Binance's ecosystem. This fourth-generation has built blockchain to bring advanced features and DeFi capabilities into the network. The BSC was devised as an independent blockchain to the network’s original Binance Chain project. The developer’s decision to pursue a dual-chain architecture has paid off. The new blockchain increased both the usability and functionality of the network's utility token, BNB. The additional benefits gained from the new network have translated over into…
4 years ago
Binance (BNB) Becomes 3rd Largest Cryptocurrency and Dethrones Tether (USDT)
Binance native token BNB price reaches new heights and has just dethroned Tether to become the 3rd biggest cryptocurrency based on market cap. This surge in price is thanks to the rise of Binance Smart Chain (BSC) and other protocols of its ecosystem, such as PancakeSwap. Binance Coin (BNB) Breaks All-time High Binance ecosystem utility token Binance Coin (BNB) has experienced a massive increase in price in recent weeks. In today's early hours, BNB set a new all-time high of…
4 years ago
BurgerSwap: The New DeFi Protocol Changing the Wave of Yield Farming Governance
Saying that DeFi is a boom is an understatement, considering the great investments it offers all users. Yes, it's true that many new protocols enter the market with so much zeal but fail before they breathe life into yield farming. Others have been the pump and dump cases, leading to a careful approach to DeFi. So, what sets BurgerSwap aside? Is it just another crypto fad? Well, this promising new platform hit the markets recently after its launch on September…
5 years ago