Perpetual Protocol V2 Goes Live On Optimism – Can PERP Give A Stiff Competition To DYdX?
Estimates suggest that the total notional market cap of the crypto derivatives market could be even higher than that of the spot markets due to the presence of various financial instruments such as options, futures, and perps that allow traders to make profits regardless of...
Facebook (Meta) Ends All Restrictions On Crypto Ads, What Does This Mean For Altcoins?
Meta’s decision to change its anti-crypto policy came shortly after the company announced a major rebranding that signaled its focus on the metaverse. For the uninitiated, the metaverse is a term closely related to Web3.0 that envisions an immersive, self-sustaining, digital virtual economy. In an...
DeFi Tokens Continue To Disappoint — Curve Rises Against The Odds. What's Behind CRV's Rise?
For example, the price of the DeFi Pulse Index (DPI), an index token that tracks the price of the top Ethereum-based DeFi tokens continues to make new bottoms against ETH as evident from the following chart. (Source: TradingView) Additionally, several other so-called DeFi ‘blue chip’...
Ethereum Scaling Solution ZkSync Goes Onto Mainnet – ZK-Rollups The Answer To Scalability?
Transaction FeesFor instance, at the time of writing, a simple transfer of ERC-20 tokens from one wallet to another costs $23 on average. Similarly, a token swap on decentralized exchange Uniswap (UNI) costs north of $70 which is simply not feasible for an average user....
What Is Behind The Sandbox (SAND) And Decentraland (MANA) Astronomical Rise In Recent Weeks?
Shortly after the social media juggernaut’s rechristening, Microsoft announced its plans to join the metaverse marathon with 3D avatars and immersive meetings. In similar news, sports accessories titans Nike and Adidas also shared their plans to enter the metaverse. While Nike announced a collaboration with...
EGLD Rises More Than 100% In A Month, Is Elrond The Next Layer 1 Blockchain To Go Parabolic?
Elrond, a high-throughput, scalable, decentralized, and energy-efficient blockchain that leverages the Adaptive State Sharding, and a Secure Proof of Stake (SPoS) consensus algorithm has been silently rising through the ranks on CoinGecko, and currently sits at the 25th position with a reported market cap of...
Aave Launches Aave V3 – A Look At The Largest DeFi Lending Platform's Latest Version
Founded in 2017, ETHLend underwent a branding makeover to embrace a name that doesn’t tie the protocol to a single smart contract platform, and thus Aave (AAVE) was christened. Aave (AAVE)Today, Aave is inarguably the largest DeFi borrowing and lending protocol and stands alongside the...
The Top Exchange Tokens That Benefit From Increased Crypto Trading Volume This Holiday Season
The crypto markets witnessed huge mainstream interest during the 2017-18 bull run, followed by 2020-21, and look primed to grab attention from the mainstream audience once again in the coming months. Traditionally Bullish Time of YearA major reason to be bullish during the upcoming few...
Avalanche Continues To Defy The Crypto Market Dip, Is AVAX Still A Good Investment For The Bull Run?
On November 10, Bitcoin (BTC) marked its latest all-time high value of $69,000 before tumbling to its current market price of ~$57,000. The fall of BTC was accompanied by a dip in the wider crypto markets as the total crypto market cap shrunk from more...
Constitution DAO Almost Bought US Constitution At Sotheby's — What Is The Future Of DAO?
Constitution DAOFor the uninitiated, ConstitutionDAO could be considered the latest and the most egalitarian form of crowdfunding as it enabled crypto enthusiasts from around the world to pool their capital in a bid for a rare copy of the U.S. Constitution. Remarkably enough, the DAO...
The Top 3 Underrated Metaverse Projects You Should Keep An Eye On
Following Facebook’s rebranding, a flurry of companies across different industries such as Microsoft, Nike, and others, announced their desire to build their Metaverse. The rising interest in the metaverse has translated into spectacular price action across the leading metaverse tokens in the crypto industry. Over...
What Is Jet Protocol And How Can It Become The Aave Of Solana Ecosystem?
According to data from DeFi Llama, DeFi TVL across all smart contract platforms today stands at ~$274 billion. Out of this, close to $183 billion is locked in Ethereum-based DeFi platforms while the figure for Solana-based DeFi stands at almost $15 billion. That being said,...
What Are The Top Solana NFTs And Can They Overtake Ethereum-based NFTs?
Although NFTs initially picked traction on the Ethereum blockchain with the so-called "blue-chip" NFT collections such as CryptoPunk, Etherock, and others selling to the tune of hundreds of thousands of dollars, the increased activity on Ethereum has somewhat made the process of buying and selling...
The Top Meme Coins In The Solana Ecosystem (SAMO Vs WOOF Vs FLOOF)
Meme coins are all the rage these days with the likes of Dogecoin (DOGE), Shiba Inu (SHIB), and others dominating the crypto circles with strong communities behind them. It’s not surprising to witness such strong passion toward meme coins as they are, perhaps, the easiest...
What Is DeFi 2.0? A Look Into Spell (SPELL) And Magic Internet Money (MIM) Token
If you’ve been following the decentralized finance (DeFi) landscape lately, chances are that you must have come across the term “DeFi 2.0.” While the term might sound a little confusing at first — indicating a new iteration of DeFi, which, in itself, is a relatively...
The Most Promising Coins Going Into The Q4 2021 Crypto Bull Run
The crypto market is surging full throttle with its total market cap sitting just shy of $3 trillion at the time of writing this article. Similarly, others are wondering if low-latency, high-speed smart contract platform Solana (SOL) will overtake Ethereum as the latter battles with...
Two Browser-Based Crypto Wallets That Can Challenge MetaMask's Dominance
MetaMask DominanceWhile MetaMask has enjoyed the status of being the go-to web-based crypto wallet since the early days of the industry, of late, it has been facing both strong criticism and competition. To begin, MetaMask has been on the receiving end of dissatisfied users who...
What Is The Difference Between Bitcoin Futures And Spot ETFs?
While the year 2021 has been nothing short of spectacular for the crypto industry, marked by several significant developments such as Tesla accepting Bitcoin for payments, El Salvador declaring BTC legal tender, and other leading institutions adding cryptocurrencies to their balance sheets, nothing can match...
What Are The Top DEX On Fantom Blockchain? SpiritSwap Vs SpookySwap
Among the various layer-1 blockchains aiming to capitalize on Ethereum’s shortcomings about lack of scalability, high gas fees, and others, there is Fantom (FTM), a decentralized, open-source, and permissionless smart contract protocol that allows developers to build decentralized applications (dApps), NFTs, and more on top...
Can Solana (SOL) Reach A New All-Time High In Q4 2021
Solana’s native coin SOL has had a monumental run throughout 2021, surging from around $1.5 at the beginning of the year in January to its current market price of approximately $150, according to data from CoinGecko. While SOL hit an all-time-high (ATH) value of $213...
How FTX's NFT Marketplace Could Rival OpenSea In Market Domination
What are NFTs?NFTs, short for non-fungible tokens, have been around for years in the crypto space but are a fairly recent phenomenon in mainstream culture. NFTs broke into the mainstream culture after digital artist Beeple auctioned “Everydays: The First 5000 Days” at Christie’s for a...
Which Is The Top DEX In The Solana Ecosystem? Orca Vs Raydium
SOL’s rapid price appreciation comes on the back of several factors, the most important of them being its lightning-fast transaction speed and cheap gas fees — the two major problems that plague the Ethereum ecosystem. Solana provides an attractive and feasible alternative to retail investors...
DEX Tokens Rise After China's Regulatory Clampdown — Which Ones Are Best?
For those not in the loop, on September 24, an official notice was signed by 10 leading Chinese government agencies to conform to the Chinese government’s plan to prohibit crypto-to-crypto trading and to persecute those who work for off-shore crypto exchanges while living in China....
Here's How THORChain (RUNE) Is Enabling A Multi-Chain Smart Contract Future
As an increasing number of blockchain protocols continue to emerge with their specific use-cases to cater to varied user needs, there is an urgent need for a protocol that allows users to trade or swap native assets on-chain without having to let go of the...
What To Expect From The Polkadot (DOT) Parachain Auctions?
If anything, the Kusama parachain auctions have indicated that things indeed get quite chaotic as projects scramble to bag the required tokens to meet their crowdloan target and ensure they bag a slot of the high-throughput, decentralized, fork-less base layer. While no official date has...
How Audius (AUDIO) Is Disrupting The Music Industry
The global music industry is estimated to be worth over $61 billion in 2021 according to data from Statista while the figure could balloon to more than $65 billion by 2023. Speaking of major existing players in the music industry, streaming apps such as Spotify...
Will The Regulatory Crackdown On Binance Lead To FTX's Rise?
Although today there are hundreds of crypto trading platforms, a few are as big and influential as Binance, FTX, and Coinbase that process the bulk of the crypto trading transactions today. These crypto exchanges command a market cap of billions of dollars and play a...
Why Are Blockchain Oracles Important? Chainlink (LINK) Vs Band Protocol (BAND)
While the future looks promising for the crypto industry and, more specifically, the smart contract economy, it must be remembered that it would be virtually impossible for smart contracts to exist and function on their own without the help of blockchain oracles. For the uninitiated,...
The Ethereum Scalability Battle Rages on – Polygon vs Loopring
While it’s true that Ethereum has been the leading smart contract platform since day one, a major cause of concern for Ethereum skeptics is the rising gas fees on the network — a concern that does indeed hold some merit to it. At the time...
What Are the Best Layer-2 DEXes, QuickSwap on Polygon vs Pangolin on Avalanche?
If you have been into the decentralized finance (DeFi) rabbit hole for the past year or so, it is likely that the sky-high gas fees on the Ethereum blockchain-based decentralized exchanges (DEX) such as Uniswap, SushiSwap, and Bancor must have put a big dent in...
What's the Best Crypto Derivatives Platform – Synthetix vs dYdX
While the crypto market continues to boom like never before — commanding a market cap of over $2.3 trillion at the time of writing - it is important to realize how much of it is driven by spot markets and otherwise such as futures contracts,...
What are Index-Based Crypto Assets?
Index funds are quite popular as an investment vehicle because they provide investors the exposure to the price movement of a basket of specific stocks or equity that might be related to each other in terms of industry, have a similar market cap, and the...
Why You Should Keep An Eye on Avalanche (AVAX) And Fantom (FTM) Ecosystems
The monumental rise of the Solana (SOL) blockchain coupled with the sky-high gas fees on Ethereum (ETH) has piqued the crypto industry’s attention toward Layer-1 smart contract platforms. While, to date, several smart contract platforms have been touted as “Ethereum killers”, none of them have...
What We Know About SushiSwap’s Shoyu NFT Marketplace
Today, the total market cap or value captured in non-fungible tokens (NFT) exceeds $2.5 billion and there are fair reasons to believe that the industry is still pretty much in its infancy and has a long way to go. CryptoPunks, Etherocks, MoonCats, these blue-chip NFTs...
The Top 5 Contenders For Kusama Parachain Auctions – Batch 2
The second batch of Kusama’s five parachains is up for grabs and crypto projects willing to leverage Kusama blockchain’s scalability and cheap transactions are not shying away from offering significant rewards to contributors who loan KSM for crowdloan campaigns. In this article, we will discuss...
Harvest Finance (FARM) Surges 160% After Coinbase Pro Listing
Decentralized finance (DeFi) platform Harvest Finance’s FARM token has witnessed a significant increase in its price -- close to more than 160% after it got listed on Coinbase and Coinbase Pro in July. Accordingly, Coinbase users can now seamlessly buy, sell, and trade FARM tokens...
Bitshares NFTs Launched In April – Ultimate Guide
The rise in the popularity of non-fungible tokens or NFTs in common parlance has dominated the crypto industry for the better part of 2021. Ever since reputed digital artist Beeple sold his artwork called “Everydays - The First 5000 Days” for a whopping $69 million...
Ripple (XRP) is Looking Shaky Going into Court Case – What Happens if They Lose?
Ripple Labs, the company behind the leading cryptocurrency XRP which is regularly touted as the digital currency for banks and other financial institutions has been at the center of controversies lately, largely thanks to its legal tussle with the US financial watchdog, the Securities and...
Why DOGE Will Never Get That Level Of Hype Again And Why It Won’t Hit $1
The biggest and most significant meme cryptocurrency, Dogecoin (DOGE) is generally considered aleading indicator of the wider crypto markets in that any movement shown by DOGE tends to quickly reflect in the rest of the market. While Dogecoin started as a parody cryptocurrency for the...
NFTs Use Case Extends Beyond Digital Art – Here’s How
Non-fungible tokens, or simply NFTs are the hottest trend to emerge in the wider digital assets industry in 2021. This emerging landscape in the crypto industry took the world by storm and received mainstream attention for the first time when popular digital artist Beeple sold...
Top 3 Countries That Could Adopt Bitcoin Next?
El Salvador recently made worldwide headlines after the Central American nation became the first in the world to classify bitcoin (BTC) as legal tender. The move, taken at the behest of President Nayib Bukele and approved by the country’s parliament, sent shockwaves across the world...
What Is Impermanent Loss And How Does Bancor (BNT) Protect Against It?
The decentralized finance (DeFi) industry today has digital assets worth over $55 billion locked in various DeFi protocols, according to data from DeFi Pulse. Indeed, the rapid rise of DeFi as a viable and attractive venue to park capital and earn healthy yields has been...
All About the Delicious DeFi Protocol SushiSwap
How Delicious is SushiSwap? SushiSwap (SUSHI) is an Ethereum-based fork of the largest and most popular decentralized exchange (DEX), Uniswap (UNI). While the initial days of SushiSwap were marked with a lot of community drama, the protocol has since gone on to establish itself as...