TWT Surges After Integration But WERX Set To Outperform TWT
Trust Wallet Token (TWT) experiences a surge following its integration. Conversely, Uwerx emerges as the token set to outperform Trust Wallet (TWT).
-
-
Trust Wallet Token Ranks #1 as crypto holders seek a safe and easy-to-use self-custody wallet solution — Top 3 Coins to Watch for Nov 21—Nov 27
The cryptocurrency sector has entered Week 47 with a bit higher total market capitalization than last week ($840 billion on November 20 as compared to $837 billion on November 13) despite the continuation of the FTX and Alameda horror story. Throughout last week it became clearer which companies and exchanges had exposure to FTX or Alameda and are therefore in greater trouble. At the same time all centralized exchanges hurried to publish their proof-of-reserve to regain at least part of the customers’ trust. Many exchanges even encouraged their users to move crypto of their platforms if they don’t plan to actively trade with these assets. As it turns out the FTX collapse was extremely bad for the industry in the short term but would likely have a good influence over the industry in the long term as it wed out bad players in the sector and reminded the participators of the importance of decentralization.
-
Trust Wallet Integrates Binance Pay and Coinbase Pay to Bridge CeFi to DeFi
Trust Wallet, a prominent self-custodial and multi-chain wallet provider, on Wednesday, announced its integration with Binance Pay and Coinbase Pay.
-
Trust Wallet Token, Uniswap and Snowfall Protocol Are Three Winning Cryptos But Which One Is The Best?
Cryptocurrencies are gaining immense popularity with every passing day. Many new players are entering the market with unique propositions.
-
Solana Ranks #2 as the FTX linked sell-off tipped SOL into a potentially exaggerated bear market —Top 3 Coins to Watch for Nov 14—Nov 20
During the last week, the total cryptocurrency market capitalization fell from $1,07 trillion to just $836 billion, a drop of almost 22%. At one point on November 9, the total market capitalization was as low as $803 billion. The bloodbath on the crypto markets was caused by the collapse of FTX, the second largest cryptocurrency exchange and the insolvency of Alameda Research, the company behind the exchange. While Binance’s CZ initially signed a non-binding letter of intent to acquire the FTX exchange and absorb its assets, debts and users, the largest player in the crypto sector had a change of heart after taking a detailed look in the FTX’s books. FTX was therefore left to collapse like a house of cards. The fact that even the biggest and most regulated exchanges are not to be entirely trusted has shaken the confidence of many investors. On-chain data shows increased crypto outflow from exchanges, as holders are afraid that other exchanges might follow. In fact, the increased withdrawal volumes are the ultimate stress test, that could potentially weed-out the exchanges that do not hold reserves at a 1:1 ratio compared to users’ deposits. While it should already be clear that it is best to keep crypto in a self-custody wallet, the question which asset to hold remains. To help you with your decision, the following article covers three cryptos that will be interesting to follow this week.
