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…
Messari
EOS Blockchain Gearing Up for a Strong Return in 2024, Messari Research Reports
The once magnificent EOS blockchain is plotting a major comeback through a network upgrade in July. The protocol is eyeing a major DeFi overhaul that will connect it with Bitcoin to drive its utility. The EOS blockchain, after years of stagnation, is set for a significant comeback in 2024, according to recent research by Messari. The network, which began its reinvention at the end of 2023, has already demonstrated notable revenue growth by the close of Q1. The drive signals…
1 year ago
Messari Releases Q4 2022 State of TRON and State of USDD Reports
Messari, a leading provider of blockchain research and data analysis, has released its quarterly reports on the State of TRON and the State of USDD for the fourth quarter of 2022. State of USDD Their first report, "State of USDD Q4 2022," showcases the performance of USDD, a stablecoin pegged to the US dollar, managed by the TRON DAO Reserve, and circulating on multiple blockchains, including TRON, Ethereum, and Binance. The report highlights that USDD saw continued growth in Q4…
2 years ago
Messari – A Crypto Data Aggregator for Every Trader
Ryan Selkis, a New York-based entrepreneur, started Messari in 2018. Cryptocurrency-related statistics and information are the core of the website's online database. Messari showcases a wide range of different crypto projects and their characteristics. It's possible to include tokenomics, treasury information, and more among these elements. Below we will provide all the necessary information to understand how Messari works and what it can offer. What Is Messari? Data analytics and research firm Messari is on a quest to help crypto…
3 years ago
How to Use Santiment Tool to Develop a Trading Strategy
Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential analysis concepts…
4 years ago