Market Capitalization

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

Binance.US to list Avalanche after yet another recent ATH

Binance.US has announced that it will now list Avalanche (AVAX) and soon allow deposits for trading. Open trading on AVAX/USD and AVAX/USDT pairs is set to commence on 18 November, as per a notice released by the exchange. This development comes after Binance.com listed AVAX last year. And, just last month, the exchange had announced that it will support the Avalanche (AVAX) network upgrade. The project has seen a lot of traction lately. While it was priced at $3.4 at the start of the year, AVAX has grown by a

LBank Exchange Will List LMCSWAP on November 15, 2021

press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will

Lending protocols lead market recovery as Maker paves way for gains

After Bitcoin’s ATH of $69k on 10 November, not just the top coin, but the larger market has been somewhat mellow. However, even with the top two coins consolidating, there seemed to be some altcoins that presented double-digit gains as they rallied. Interestingly, the lending protocol landscape was one that seemed to be making the most headlines, with Maker leading the way with 8% gains.  The DeFi sector seemed to be paving the way for recovery with DeFi’s Total Value Locked increasing by 5.27% from last week, pushing the TVL

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Grayscale adds Solana, Uniswap to its Digital Large Cap Fund

Grayscale Investments has added two new assets to its large-cap crypto fund for the first time on Friday. The addition of rapidly growing Solana [SOL] and prominent decentralized finance token Uniswap [UNI] was part of a quarterly rebalancing, as noted by the investment firm. As per the statement, “This announcement follows the July 2021 news that Grayscale adjusted the Digital Large Cap Fund’s portfolio and purchased Cardano (ADA), and (this) is the first time Solana (SOL) will be included in a Grayscale investment vehicle.” Solana displayed massive growth over time

Terra to Apply Columbus 5 Mainnet Migration

Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

MATIC, Solana, BAT Price Analysis: 02 September

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block.According to The Block, this could enable double spends on the world’s second-largest blockchain by market capitalization. Ethereum security lead Martin Holst Swende tweeted, “Fortunately, most miners were already updated, and the correct chain is also the longest (canon).”Ethereum developer who works on the Geth client, Marius Van Der Wijden, said that most retail users should be okay, particularly if they are using the most

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by