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Over $1,200,000,000 Worth of Stablecoins Deposited to Exchanges Amid Crypto Market Pullback: Analytics Firm Santiment

Blockchain analytics firm Santiment says that crypto exchanges saw their largest hourly inflow of stablecoins this year amid the recent correction and consolidation in the markets. The firm tells its 110,000 Twitter followers that this Thursday, crypto exchanges saw a record-breaking avalanche of stablecoins in the form of Tether (USDT) and Circle’s USD Coin (USDC).

BTC, AVAX, MATIC, EGLD, MANA

Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of the recent top performing major altcoins has been Avalanche (AVAX), which has soared more than 120% in

What is Mimblewimble and how does it work?

What is Mimblewimble?  Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by an anonymous developer who went by the name Tom Elvis Jedusor, who was a French counterpart for “Voldemort” in mid-2016. How does Mimblewimble work? Taking its name

Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November

Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of November. AVAX entered the top-10 crypto index after pushing out Dogecoin (DOGE). In doing so, its circulating market valuation reached $30.60 billion for the first time compared to Dogecoin’s $30.30 billion. AVAX circulating market cap.

How liquid staking disrupts parachain auctions on Polkadot

A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain slot auctions. Users contribute DOT, receive rewards in project tokens and get their DOT back in two years (a standard slot lease duration). This mechanic helps projects raise substantial capital in DOT tokens

Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close

Bitcoin (BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC challenges $60,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD almost hitting $60,000 before consolidating in a new higher range after sudden gains Saturday evening. The pair

Top Crypto Analyst Predicts Extended Corrective Phase for Bitcoin, Says Ethereum and Altcoin Market May Dramatically Outperform BTC

A popular crypto strategist and trader is predicting a prolonged correction for Bitcoin as altcoins positions for a major price rally. Pseudonymous trader Credible tells his 266,400 Twitter followers that Bitcoin is in the midst of a wave 4 correction and could take two possible paths before igniting the last big rally of its bull

Play-To-Earn Altcoin Built on Ethereum Soars 309% After Coinbase Listing

A gaming altcoin built on top of the Ethereum network has witnessed a practically non-stop parabolic rise after its addition on the leading US-based crypto exchange Coinbase. Coinbase added Gala (GALA) to its professional trading platform early last week and subsequently rolled out support for the altcoin on its retail trading platform on Wednesday. Since