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…
Flare Network
Flare Launches Layer 1 Oracle Network
Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at 11:59 pm UTC on January 9th. The airdrop saw 4.279B Flare (FLR) tokens distributed to millions of recipients, including users on Binance, OKX, Kraken, Bithumb, UpBit, Kucoin, BitBank, & more, in one of the largest scale distributions in crypto history. The airdrop is a significant milestone for Flare as developers can now start to take advantage of…
2 years ago
A Beginners’ Guide to The Flare Network
One of the most exciting and far-reaching evolutions in the blockchain network has been the Decentralized Applications (DApps) and smart contracts. As the pioneer of this evolution, the Ethereum blockchain has been propelled into being the most versatile in the crypto space. It is also the second-largest by market cap. Borrowing from Ethereum's ever-increasing popularity, other blockchain systems have been keen to explore this evolution. A good example is Cardano, having risen to its current position as the third-largest by…
4 years ago