Top Archives

Germany and the US share the top spot in the global crypto rankings: report

July 15, 2022 boss

Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub. The two countries now share the top rankings, with Germany making space for the rising U.S., having topped the first quarter rankings for 2022. Their dominance is due to progressive regulatory environments and major Bitcoin (BTC) investments by mainstream institutions. Coincub’s rankings tally up points across nine overall categories, which focus on government, financial services, population, taxation, talent development and industry participants, trading, fraud and environmental potential. The current ranking system…

Torches, the Lending Protocol on KCC Opens TOP Mining with Up to 900% Mining Rate

July 15, 2022 boss

Singapore, July 15, 2022 – Torches Finance, the decentralized lending protocol, announces the official launch of TOP (Torches Point token) Mining. By participating in the “Supply & Borrow”, users will be able to obtain the TOP rewards, which can be exchanged for TOR (Torches token) with a certain coefficient before the TOR launching. Built on the KuCoin Community Chain (KCC), Torches grew to the top lending protocol with its total market size over $3 million. Starting from July 15 at 10:00 (UTC), Torches allows users to get TOP rewards for…

Top 5 cryptocurrencies to watch this week: BTC, UNI, ICP, AAVE, QNT

July 10, 2022 boss

Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside. Bitcoin (BTC) has given up ground over the weekend as investors remain cautious about the United States consumer inflation data to be released on July 13. Analysts anticipate June’s consumer price index to be higher than May’s 8.6% level. Due to the macro uncertainty, investors are not confident that Bitcoin’s correction is over. However, Fidelity Investments’ director of global macro Jurrien Timmer said that Bitcoin is…

Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months – News Bitcoin News

July 10, 2022 boss

Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down more than 81% since that day and despite the fact that 80,744 unique addresses own APE, the top 100 addresses control 51.21% of the circulating supply. While Apecoin’s Price Slips Lower, Concentration of Large APE Holders Remains the Same Just over two…

Top Crypto Exchange Binance Gains New Foothold in Europe

July 9, 2022 boss

Top crypto exchange by trading volume Binance is securing a new foothold in Europe as it gains access to the fourth largest market in the Eurozone. According to a new press release, the Bank of Spain recently approved Binance’s subsidiary, Moon Tech Spain, as a virtual asset services provider (VASP). Binance can now offer exchange and custody services in the country. Quim Giralt, director of Binance Spain, says the company plans to expand operations extensively throughout the country. “Following this registration, we will significantly expand our team and operations in…

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

July 5, 2022

The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio hits the lowest on record Notably, USDC’s market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2. In contrast, USDT has suffered an over 19% drop in its market valuation, currently treading around $66.14 billion. USDT circulating market cap. Source: Messari This is the closest USDC has come to challenging…

Top 5 cryptocurrencies to watch this week: BTC, SHIB, MATIC, ATOM, APE

July 3, 2022 boss

Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support. The bears are attempting to sink Bitcoin (BTC) below $19,000 to further cement their advantage over the crypto market. Analysts watching Bitcoin’s MVRV-Z Score, a metric which measures how high or low Bitcoin’s price is relative to “fair value,” expect an even deeper fall before the bottom is finally reached. However, economist, trader and entrepreneur Alex Krueger pointed out that Bitcoin’s volume hit an all-time high in June. Usually, the…

Hiring top crypto talent can be difficult, but it doesn’t have to be

July 2, 2022 boss

Building a career or constructing a team in decentralized finance (DeFi) and crypto relies on finding talent, skills and the right attitude anywhere, in anyone. While this is no different than other industries, what makes ours unique are the much-needed, specialized skill sets combined with finding a good culture fit in an international and remote setting. Despite recent turbulence in markets, crypto companies continue building and growing. The increased energy and legitimacy in the industry over the years has many people wanting to make the switch from Web2 to Web3.…

Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT

June 26, 2022 boss

Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT. The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%. Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some…