Lately, new records are falling like dominoes in the cryptocurrency sector. Just a little over a month ago, at the beginning of October, the total market capitalization of all digital assets in circulation was sitting at a staggering value of $2 trillion. Five weeks later, that major milestone seems already far off in the rearview mirror.
At the end of Week 44 the total valuation of all cryptocurrencies in circulation stood at an astounding $2.87 trillion. While BTC was trading a few percent below its ATH price, several other major cryptocurrencies reached their new ATH prices in Week 44. The cryptocurrencies that surged higher than ever before include but are not limited to ETH (Ethereum), SOL (Solana), DOT (Polkadot), AVAX (Avalanche), LUNA (Terra), AXS (Axie Infinity), CRO (Crypto.com Coin) and HNT (Helium). The hype around metaverse-focused blockchain projects triggered by Facebook’s rebrand to Meta continued throughout Week 44. If such rapid growth continues, the cryptocurrency market could hit a $3 trillion valuation very soon. Do you think that this major milestone will be crossed already this week?
Singapore, Singapore, 8th November, 2021, TRON, one of the largest and most popular blockchain ecosystems, is introducing a new $1,111,111,111 ecosystem fund designed to entice developers to its network of blockchains and services. The fund aims to deliver more developer-friendly tools that can be leveraged to enlarge and refine a burgeoning ecosystem that already hosts…
Dublin, Ireland, 8th November, 2021, Squire Patton Boggs, one of the world’s leading full-service legal companies for ensuring cross-border compliance counselling as well as incident response, has announced a new partnership with internationally-patented ASTRA Protocol, in order to give assurance and compliance confidence to the decentralized finance (DeFi) ecosystem. Squire Patton Boggs maintains business offices…
The historic cryptocurrency market bull run is in full swing and shows no signs of slowing down. The cumulative value of more than 10,000 digital assets we list at CoinCheckup has reached $2.93 trillion on the heels of Bitcoin’s 6% price increase and broader altcoin surge led by Ethereum.
Ahead of the highly anticipated launch of its play-to-earn game, Polker has is set to begin the rollout of its metaverse. This development comes after the completion of the recent NFT competition that Polker finalized last week.
Blockchain runs in a decentralized manner, but still provides privacy, security, and immutability. The lack of a central authority is the main reason users love the ecosystem, yet every transaction is verified, recorded, and safeguarded. This happens because the blockchain technology runs on a consensus algorithm, which is a fundamental part of the technology.
Victoria, Seychelles, 8th November, 2021, KuCoin, a global leading cryptocurrency exchange, celebrates the 2nd anniversary of the KuCoin Margin Trading platform and will launch a series of celebration events with millions of rewards. Launched in 2019, KuCoin Margin enables users to borrow tokens to amplify investment returns from successful trades. Until now, the number of…
Revolut, a rapidly growing fintech company headquartered in London is looking to hire a blockchain specialist to lead its technical team tasked with designing and building Revolut Crypto exchange.