Category: Waves

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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value…
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Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund

During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital (3AC) co-founder Kyle Davies. The 3AC co-founder claimed that…
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Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided to add a token called SURF…
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Robinhood Fined Again, ZB Suspends Withdrawals, Resetting Vires.Finance, ApeCoin Enters Gucci + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Robinhood Fined Again, ZB Suspends Withdrawals, Resetting Vires.Finance, ApeCoin Enters Gucci + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the…
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The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell

An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making. The total crypto market capitalization has been trading in a descending channel for the past 29 days and currently displays support at the $1.17 trillion level. In the past 7 days, Bitcoin…
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Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday

NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable movers to start the…
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Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve

Declining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead. The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same…
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Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High

WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday. WAVES While crypto markets have been either falling or consolidating over the past week, WAVES has…
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Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session

WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES WAVES was one of Tuesday’s biggest gainers, as prices rose by nearly 60% earlier in today’s…
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