How Do USDT, USDC, UST Compare?

Stablecoins are taking an increasingly growing market share of the overall crypto markets as the demand for digital dollars continues to rise among crypto investors. Read on to learn about the similarities and differences between USDT, USDC, and UST in this stablecoin comparison guide. What is USDT? Tether (USDT), created by Tether Limited, is the […]

Major Bitcoin & Crypto Companies Warn of ‘Extreme’ Risk in Proof-of-Stake Systems

The risk of corporate capture is extreme in proof-of-stake (PoS) systems as PoS transforms novel financial systems into pure plutocracies; dozens of US-based high-profile companies warned in a letter to the US Environmental Protection Agency. The companies were firing back at the attack by Congressman Jared Huffman who recently described Bitcoin (BTC) mining as something […]

Bitcoin Funds Sees Largest Weekly Outflows in a Year

Bitcoin Funds Sees Largest Weekly Outflows in a Year, ‘Hawkish Rhetoric’ to Blame. Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021; with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research firm CoinShares. The outflows from crypto […]

What Tools NFT Owners Use To Trade

Close to half of the surveyed non-fungible token (NFT) owners actively trade NFTs to earn profits, while the other half of holders mainly bought their NFTs either “to collect” or “for their utility,” according to a survey conducted by coin tracking site CoinGecko on Twitter. The so-called NFT flippers, who – like traders – aim […]

DeFi on Ethereum L2 Networks Sees Significant Growth

DeFi on Ethereum

Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year; even as average transaction fees on Ethereum’s base layer fell by 80%. The data about the surprising growth in TVL on Layer-2 platforms […]

What Does a Successful Blockchain Look Like?

Successful Blockchain

How do you know that today’s most successful NFT blockchain will still be on top three months from now? You don’t – and part of that uncertainty has to do with how “successful” is defined. In the infancy of the non-fungible token (NFT) space, maybe it was appropriate to obsess over sales volume. While that […]

Bitcoin Price Forecast for 2022 Cut Once Again as Break ‘Only’ Above USD 80K Now Expected

Bitcoin Price Forecast

The price of bitcoin (BTC) will hit a peak of USD 81,680 this year; before falling back to USD 65,185 by the end of the year; argued a panel of members from the fintech and crypto industry surveyed by comparison website Finder.com. The peak of over USD 80,000 was described as “significantly higher” than the […]

Binance Regional Head Agreed to Hand Client Data to Russia

Russia

A local representative for the major crypto exchange has reportedly met with Russia’s financial intelligence unit, Rosfin; with officials asking the exchange to hand over client data to “help them fight crime.” Permission to hand over data was granted by a regional head of the exchange, Reuters reported today. At the meeting, which took place […]

Mudrex becomes world’s largest crypto index investing platform

Mudrex

New Delhi: Crypto asset management platform, Mudrex, has registered a 2,400 per cent increase in its user base for the first quarter of 2022, making it the largest crypto index investing platform. Indian users contributed the most to this growth with a contribution of more than 80 per cent. Founded in 2018, Mudrex curates investment […]

Top cryptocurrency news on April 20

cryptocurrency news

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day Market Buzz: Bitcoin trading above Rs 32.82 lakh Cryptocurrencies traded in the green early on April 20. The total crypto market volume over the last 24 hours is $79.78 billion, which makes a 17.10 percent […]