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…
Polkadot
Amid Ethereum (ETH) $3.3k Correction, Analysts Suggest DeeStream (DST) Presale Could Hit 100X, Drawing Dogecoin (DOGE) & Polkadot (DOT) Investors
As Ethereum (ETH) corrects around $3.3K, many cryptocurrency enthusiasts are watching DeeStream (DST) as speculation of 100x seems likely. This unheard potential has lured interest from investors seeking alternatives to Dogecoin (DOGE) and Polkadot (DOT). While Dogecoin (DOGE) continues its remarkable performance, Polkadot's staking interface update further elevates its appeal. All these conditions, together, form a ground on which the appearance of DeeStream (DST) as a super fresh streaming service on the market is based. Let's find out what makes…
1 year ago
Optimism Abounds in Pushd (PUSHD) Presale Amid March Crypto Boom: Litecoin (LTC) and Polkadot (DOT) Attract Attention with Stellar Performance
The liberal market that is the crypto space promises a lot. Investors can turn small money into huge sums by backing the right token and buying at the right time. It is often made to sound complicated but at the root of it, all investors need to do is pick an investment and the perfect entry and exit points. This is not to say it is easy, investors still have to do a lot of research to know which tokens…
1 year ago
Chainlink, Cardano, Polkadot Amongst Most Developed Altcoins
Several altcoins have emerged as front-runners in terms of development and community engagement. According to recent blockchain analytics by Santiment, Chainlink, Cardano, and Polkadot lead the pack with the most significant github activity over the past 30 days. This metric, an indicator of non-redundant project contributions and enhancements, positions these digital assets as key players in the blockchain innovation race. Chainlink, Cardano, Polkadot Stand Out Chainlink, known for its decentralized oracle network facilitating smart contracts, has shown remarkable development efforts.…
1 year ago
OnFinality and Google Cloud Enhance Node Infrastructure and Data Analytics Support for Polkadot Parachain Builders
With support from the Polkadot treasury, OnFinality and Google Cloud to provide common good infrastructure to help parachains scale without excessive technical overhead OnFinality and Google Cloud to help deliver blockchain analytics for developers in and beyond the Polkadot ecosystem Today at TOKEN2049, OnFinality and Google Cloud announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network. To advance the growth of emergent parachains and the overall…
2 years ago
Zug Capital – A Crypto Staking Solution for Polkadot and Kusama
As the crypto industry has matured, so has the staking concept. Staking is the act of committing tokens to a network to receive rewards for supporting the network. This process helps to secure and validate transactions on a blockchain. In the staking world, Zug Capital has gained popularity over the last years. Our review will look more closely into this project, sharing important details with our readers. What Is Zug Capital? Zug Capital is a Swiss company that invests in…
3 years ago
What Is the Blockchain Scalability Trilemma?
In decentralization, security, and scalability, the Blockchain Trilemma refers to the generally held notion that decentralized networks can only deliver two benefits at any given moment. This article looks more closely into the matter, assessing all the most relevant aspects of the blockchain scalability trilemma. The Trilemma Vitalik Buterin invented the term "blockchain trilemma," which refers to a problem that blockchain engineers face while balancing three competing demands: decentralization, security, and scalability. According to a common conception, decentralization, security, and…
3 years ago
Deutsche Boerse Introduces Solana, Tron and Polkadot ETNs through VanEck
Deutsche Boerse has added three new crypto exchange-traded notes (ETNs) in its exchange. It further expands to the previously listed ETNs like BTC, ETH, BCH, and LTC. According to Deutsche Boerse, it officially announced on Tuesday that anyone could trade its three new ETNs. The ETNs, Tron (TRX), Solana (SOL), and Polkadot (DOT), will be available on the Frankfurt Stock Exchange and Xetra. The three ETNs launched by the German stock market operator, Deutsche Boerse, are an addition to the other cryptocurrencies on the…
4 years ago
Moonbeam Collaborates with Lido to Bring Liquid Staking to Polkadot
Ethereum-compatible smart contract platform Moonbeam has just announced a collaboration with Lido. Lido is a decentralized autonomous organization (DAO) that develops and maintains decentralized liquid staking protocols. Moonbeam will provide the parachain infrastructure and cross-chain interoperability to Lido for its expansion to Polkadot. Furthermore, the platform's Ethereum-compatible smart contract functionality will allow Lido to use familiar Ethereum tools to get to market quickly. The collaboration will bring liquid staking to Polkadot and Kusama. Moreover, the integration between the two introduces liquid staking to Moonriver and Moonbeam. Moonriver is a…
4 years ago
LCX Partners With Polkadot to Establish New DEX Aggregator
The Liechtenstein Cryptoassets Exchange (LCX) has announced the release of Fire Salamander on Polkadot, following the integration with Uniswap. The innovative Decentralized Finance (Defi) tool is a powerful Decentralized Exchange (DEX) Aggregator aiming to ease transactions within the Defi space. The next-gen DEX aggregator will use web 3.0 technology. LCX is the first known parachain candidate managed and created directly by the core team of a centralized exchange within the Polkadot ecosystem. LCX is a fast-growing blockchain company showing their…
4 years ago