Tag: cryptocurrency

Crypto, News

Polygon Nearly Matches Ethereum In User Acquisition in 2023, Adds 2.8 Million Users This January 

In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside.  The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million.  NEW: Polygon acquired […]

Crypto, News

Examining DAI’s Dominance In The CDP Ecosystem

Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]

Crypto, News

Bitcoin Recent Over 20% Dip In The Last 7 Days Is Only But A Buying Opportunity, Historical Data Shows 

Bitcoin ($BTC) is currently undergoing a 21% decline after a 12-day period, mirroring past corrections during this bull market. Interestingly, historical data suggests that such dips have often preceded significant upward movements, presenting potential buying opportunities for investors anticipating Bitcoin’s rise. In this bull market, $BTC has experienced 4 notable […]

Crypto, News

These $BLUR Token Holders Are Currently On Over $55M Unrealized Profits, Keep An Eye On Them

Blur ($BLUR) has emerged as a prominent player in both the cryptocurrency and NFT markets, gaining recognition for its prowess. Launched on October 19, 2022, Blur.io has swiftly climbed the ranks of the Ethereum mainnet NFT marketplace, boasting an impressive $770 million market cap. On-chain reports from Spotonchain reveal that […]

Crypto, News

$LSK Sees Good 25% Price Increase While The Rest Of The Market Suffers Bitcoin’s Dip, Here’s Why 

$LSK has experienced an impressive surge, soaring over 25% in the last 24 hours and achieving a substantial 2800% gain in its 24-hour trading volume. This recent upswing can be attributed to the team’s announcement of $LSK’s strategic move towards Ethereum and the Optimism Superchain. A Significant Packed 2024 For […]

Crypto, News

Bitcoin Cash $BCH Takes The Spotlight While Bitcoin Battles Selling Pressure 

Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]