Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?

DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST. TerraUSD (UST) flipping BinanceUSD (BUSD) for the third spot in the market capitalization list didn’t last long.

Terra peg mechanism in doubt as UST crashes to 67 cents

Terra USD (UST) and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem. The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10.As its price has fallen, so has its market capitalization along with that of Terra (LUNA) which backs the majority of the value of UST.

Dubai’s foray into Sandbox and sale of $1.47 million LAND reveals...

Even though The Sandbox might not be the biggest metaverse by market capitalization, it might just be the most popular and preferred metaverse given the entry of a government regulatory body. Dubai jThe post Dubai’s foray into Sandbox and sale of $1.47 million LAND reveals...

Etheruem witnesses the 'most sustained level of accumulation' in 2022 but...

Ethereum has played a significant role in the mainstream adoption of cryptocurrency and DeFi in general. Ethereum's market capitalization is currently $340 billion, indicating how much the cryptocurrThe post Etheruem witnesses the 'most sustained level of accumulation' in 2022 but...

Finder’s Experts Predict Apecoin Will End 2022 at $27 per Token, 75% Think APE Is Just ‘Another Memecoin’

On April 28, 2022, the crypto asset apecoin tapped an all-time high (ATH) tapping $26.70 per unit and the digital currency has taken the 25th largest market capitalization among 13,371 cryptocurrencies.

Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack

The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise.

Conquering Terrain: Terra’s Stablecoin UST Is Now Crypto’s Third Biggest

Terra’s US dollar-pegged algorithmic cryptocurrency UST is moving up the ladder and now ranks third in terms of overall market capitalization.

Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion.

Terra's Stablecoin UST Becomes Crypto's Third-Largest

The dollar-pegged UST has overtaken Binance USD to become the crypto market’s third-largest stablecoin by market capitalization.

Quantum-Resistant Cardano? Creator Charles Hoskinson Lays Out Crypto Agenda for the Next Five Years

Cardano (ADA) founder Charles Hoskinson is revealing the key areas of focus during the next phase of growth for the eighth-largest crypto project by market capitalization.

AVAX is expected to have a hard time recovering thanks to...

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche has a market capitalization of $31.5 billion and staThe post AVAX is expected to have a hard time recovering thanks to...

Tether Announces Launch of USDT on Kusama

The largest stablecoin by market capitalization - Tether (USDT) - has launched on another network - Polkadot's Kusama.

Here's where LFG's sustained acquisition of Bitcoin is leaving LUNA

Currently ranked as the 9th biggest crypto-asset in terms of market capitalization, Terra’s LUNA does not appear to be performing all that well.

ETH in the FUD mud awaiting rally as investors #buythedip

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours.

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark.

Best Gainers and Top Losers for the Week: XMR, MINA, AXS, WAVES

The global cryptocurrency market capitalization has pegged at exactly $2, up 1.58% over the past 24 hours.

Monero: What XMR's quick recovery amid broader market bearishness means

Over the weekend, the cryptocurrency market recorded over 2% decrease in its total market capitalization as most coins suffered a correction.

Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance. Digital asset management firm Grayscale, has added three new cryptocurrency assets across three main investment funds, while removing two other assets from its Decentralized Finance Fund as part of this year’s first quarterly rebalance. Grayscale removed tokens from crypto-derivatives decentralized exchange Synthetix (SNX), and decentralized exchange SushiSwap (SUSHI), from its DeFi fund after the two crypto assets failed to meet the required minimum market capitalization.

Profit taking and Bitcoin consolidation give bears an opportunity to take control

The crypto market performed well over the last week, but two key data points hint at a brief cooling off period. The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between March 28 and April 4 was a mere 1.9% gain.

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price 'manipulation' accusations

Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline. Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its US dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date high of $960.25 million.Interestingly, the stablecoin's plunge occurred despite Neutrino's claims of backing its $1-peg via what's called "over collateral," i.e., when the total value of Waves (WAVES) tokens locked inside its smart contract is higher than the total USDN minted, also called the "backing ratio."Neutrino Dollar price performance in the last 24 hours.

Kitchen table Bitcoin: How should average investors approach crypto?

How should retail investors approach cryptocurrency investments? Are moonshots worth it at this point? Cryptocurrencies have come a long way over the last few years, so much so that their market capitalization is now above the $2 trillion mark, and large businesses including Tesla and MicroStrategy have invested billions in Bitcoin (BTC).While institutional investments in crypto assets have been growing over the last few years, discussion on how retail investors should approach cryptocurrency investments has dominated social media.

Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums

While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth.

Ether Breaches $3,000 For The First Time In Two Weeks – Can It Regain Its November High?

Ether (ETH) appears to be reviving, as cryptocurrency expert Willy Woo recently tweeted that the cryptocurrency is positioning itself to “break upwards out of a very long term, 3.5-month bearish trend line.” Ether, the world’s second largest cryptocurrency in terms of market capitalization, crossed the $3,000 threshold for the first time since March 8.

Crypto Market Back Above $2 Trillion as Bitcoin, Ethereum Recover

The market capitalization of the entire crypto market has soared back above $2 trillion for the first time since early March.

2 metrics signal traders do not expect $2T crypto market cap anytime soon

Despite only one coin among the top 80 declining over the past week, Tether and futures premiums show a lack of excitement in the market. Cryptocurrencies failed to break the 42-day long downtrend after the $1.95-trillion capitalization resistance was rejected on March 20.

Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows

With a market valuation of $28.68 billion, Cardano (ADA) has claimed the 9th position in cryptocurrency market capitalization, surpassing Avalanche (AVAX).

Klaytn token down 15% in a month, but network's TVL shows resilience

KLAY's market cap is roughly 70% below its all-time high, but the network's TVL and DApp data hint that the service-oriented blockchain might bounce from its lows. Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut.

Bitcoin: This 'deflationary peak' and what it means for STHs

Bitcoin, the largest cryptocurrency by market capitalization, crossed the $40,000-mark after a sudden surge.

BTC Price Analysis: What’s The Cycle’s Bitcoin Bottom According to Capitalization Models?

Bitcoin has been trading sideways in the past few weeks.

Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time

PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold. The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report. Gold shines, Bitcoin disappointsIn 2022, investors have been rushing to the perceived safety of gold-backed crypto assets, whose value is pegged to the price of gold.