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…
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RootStockLast Two Weeks of the “Rootstock World Tour” Campaign
Montevideo, Uruguay, September 16th, 2024, Chainwire The Rootstock community is set to conclude the "Rootstock World Tour," one of its largest ecosystem campaigns, on September 30, 2024. This campaign, hosted on the Galxe platform, is bringing together partners from across the Rootstock ecosystem, offering users interactive opportunities to engage with 12 different decentralized applications (dApps) on the Rootstock blockchain. Throughout the tour, participants will gain hands-on experience, enhance their knowledge of decentralized finance (DeFi) and blockchain technologies, and earn rewards…
9 months ago
The Rootstock Community come together for the first Rootstock Ecosystem Summit of 2024
Manchester, United Kingdom, July 31st, 2024, Chainwire Registrations for Rootstock’s Quarterly Ecosystem Summit are now open On August 1st 2024, the Rootstock community will be coming together for its first Ecosystem Summit of 2024. This digital event, powered by RootstockLabs, is the first, of a planned quarterly, event where developers and users of Rootstock unite in order to discover the newest protocols, hear the latest news hitting the Rootstock ecosystem. The Quarterly Rootstock Ecosystem Summit brings together core contributors, builders,…
10 months ago
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RootStockRootstock Sees Unprecedented Growth in Recent Quarter
Manchester, United Kingdom, July 8th, 2024, Chainwire Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has propelled Rootstock into the next step of its growth journey and the team is working toward further growth and improvements over the next 12 months. According to…
11 months ago
Defi Llama Confirms Rootstock As The First And Biggest Bitcoin Sidechain
London, United Kingdom, March 21st, 2024, Chainwire Capping a busy period for the cryptocurrency sector, the first and longest-standing Bitcoin sidechain, Rootstock (RSK), is seeing renewed momentum after a recent surge of developer activity, integrations and dApp launches DeFi Llama has ranked Rootstock at the forefront of Bitcoin sidechains in terms of total value locked (TVL), boasting over half of the entire value stored within Bitcoin sidechains. Rootstock ecosystem was further enhanced with the addition of Symbiosis and Mean Finance for…
1 year ago
Bitcoin Sidechains: What Are They and How do They Work?
So far, Bitcoin is the top contender in the cryptocurrency market, with a net worth of approximately 350 billion USD. It has a robust network strengthened by its decentralized nature. Using a peer-to-peer network under cryptographic protocols enables the undertaking of transactions globally. However, this crypto giant network has a few limitations that sidechains help solve. Some of these limitations are slow transactions per second, higher transaction costs, scalability issues, and slow network evolution compared to traditional transactions with fiat currency. Thanks…
5 years ago
Bitcoin Dapps – Are there any Dapps on the Bitcoin Blockchain?
Dapps or decentralized applications are a part of the whole Smart Contracts ecosystem. When you think about it, the applications you use on your smartphone and computers are just generalized agreements between two parties: I agree to use a product produced by the developer who agrees to satisfy my desire and increase my utility. People realized that since blockchain is on a roll to decentralize everything, why not decentralize applications? And what better way to do that than using smart…
5 years ago