Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged […]
Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges Closing the Gap Despite seemingly […]
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by […]
Biggest Movers: AVAX Hits 2-Week Low as DOT Extends Recent Losses
Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28. Avalanche (AVAX) […]
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge […]
2023 Price Predictions: Metacade and Avalanche Start Off Strong in 2023
With all of the crypto investment community hopeful that we have reached a point where the bottom of the brutal bear market is behind us, investors are quickly determining where the opportunities might lie for the biggest returns of the year. A small number of well-established projects have shown some impressive signs already this year, […]
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting […]
Biggest Movers: MATIC Hits 10-Month High as AVAX Extends Recent Gains
Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC) surged to a ten-month high earlier in the […]
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term. This post was originally published on this site
Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s session, nearing a one-week low. Shiba Inu (SHIB) Monday saw shiba […]