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Search Results for: Ethereum

$4.8M Worth BabyDoge Tokens Burnt In The Last 12 Hours

 The BabyDoge burn took place at 12:20:07 AM +UTC today.  BABYDOGE has been trading up 0.81% in the last 24h. The official team of the BabyDoge project announced on Twitter a successful burn of 3 Quadrillion in the last 12 hours. As per the data from BSCScan, a blockchain tracker,

June 3, 2022 1 min read

Dubai-based Property Developers Binghatti Adopts Crypto Payments

Dubai is progressing on its journey to transform into a global crypto hub. As of now, the firm will accept only Bitcoin and Ethereum. Binghatti, one of the leading real-estate developers in Dubai, announced in a press release through Khaleej Times on Thursday that it would accept cryptocurrencies as a

June 3, 2022 2 mins read

TRON Defies Bearish Market Phase to Outperform Almost Entire Crypto Market

In November of last year, the global cryptocurrency market was valued at $3 trillion; now, it is valued at $1.2 trillion. Cryptocurrency prices have traded in red for a long time, with most digital currencies losing double digits for a prolonged time. TRON is one of the few cryptocurrencies that

June 3, 2022 4 mins read

Optimism’s Balancer Protocol Along With Beethoven X to Enhance L2 Network

Optimism, a leading Ethereum Layer 2 scaling solution, has introduced Balancer Protocol to cut gas costs and dramatically increase the liquidity of DeFi. Due to Ethereum’s difficulties, users of decentralized finance now face exorbitant costs, making it difficult to get started. Optimism launch of Balancer’s technology provides DeFi liquidity provision

June 2, 2022 2 mins read

Co-Founder of USDT And ETH Do Not Believe In Algorithmic Stablecoins

TerraUSD’s failure has shattered the hopes of algorithmic stablecoins. Co-founder of Tether and Ethereum says the structure of UST is defective. The issuer of USDC states that the UST structure is a very high-risk foundation for a stablecoin. The recent market crash of the crypto industry has devastated the hopes

June 2, 2022 2 mins read

TRON Sets New Record and Achieves Multiple Milestones in the Month of May 2022

During May, TRON achieved an all-time high number of significant milestones, setting a new record for the firm. Only 16 days after its May 5 introduction, USDD, TRON’s collateralized decentralized stablecoin, has made it into the top 100 CoinMarketCap rankings. There was a new milestone on June 1, with $667

June 2, 2022 3 mins read

Crypto Market Falls Again to $1.29T, As Bitcoin Bulls Revert Back

The crypto market has resumed its decline yet again, dropping to nearly $1.29 trillion in value. According to CoinGecko, the market lost nearly 6% of its market cap in the last 24 hours. Roughly, $83.5 billion USD was wiped out since Wednesday. As per the data from Coinglass, a crypto-related

June 2, 2022 2 mins read

TRON Has a Record-Setting Month

Geneva, Switzerland, 2nd June, 2022, Chainwire TRON celebrated a record month of May, achieving multiple massive milestones in a few short weeks. Including USDD, the collateralized decentralized stablecoin on TRON, making it onto CoinMarketCap’s top 100 only 16 days after its May 5 launch. As of Wednesday, June 1, USDD

June 2, 2022 5 mins read

Top 3 Trending Searches on CoinGecko: OP, LUNC and ZIG

Optimism is an Ethereum Layer-2 rollup that enables quicker transaction speeds. Terra Classic is down 8.66% in the last 24 hours. Let us look at the top 3 trending searches on CoinGecko as per CryptoDep. Optimism (OP) Optimism had announced the airdrop in April, along with intentions to build a

June 1, 2022 2 mins read

Whale BTC Shifts 800 Bitcoins From Binance To Gemini

Since the beginning of the crypto industry, Bitcoin has never left its position to any other cryptocurrencies. The impact that BTC has created in this crypto world is irreplaceable because of its structure and performance. Though the entire world knows that cryptocurrencies are volatile, Bitcoin made traders believe that investing

June 1, 2022 2 mins read