January

More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

Ethereum was home to nearly 70 percent of all stablecoins as of January

2020 was a breakout year for the stablecoin ecosystem. As illustrated in The Block Research’s new stablecoin report — “Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” — the total supply of stablecoins grew nearly ten-fold between January 2020 and January 2021. Monthly transaction volumes also swelled, growing from approximately $23.5 billion …

Ethereum was home to nearly 70 percent of all stablecoins as of January Read More »

The Block Research January Analyst Call

The Block Research January Analyst Call

Each month The Block Research hosts an analyst call reviewing the most important topics from the month prior. This month Lars Hoffmann takes a look at January by the numbers. Ryan Todd shares insights from MicroStrategy’s historic Bitcoin Summit. Mika Honkasalo discusses Cosmos IBC and arguments for application-specific chains. Source link

January by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

January by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take Several metrics recorded record numbers in January. In many cases, January alone accounted for about 40-50% of total 2020 volume.  Total adjusted on-chain volume saw a very strong increase of 94.4% to a new all-time high of $528.8 billion in January. Adjusted on-chain volume of stablecoins increased by 73.1%, to a new all-time …

January by the numbers: A look at crypto exchange volumes, open interest, and miner revenue Read More »

Tezos, BAT, Zcash Price Analysis: 21 January

Tezos, BAT, Zcash Price Analysis: 21 January

After weeks of bullish movement, it would seem that Bitcoin is finally consolidating on the price charts. Interestingly, due to the high correlation most of the market’s altcoins share with the world’s largest cryptocurrency – BTC, altcoins such as Tezos, BAT, and Zcash mirrored its movement. However, these cryptos didn’t do so equally, especially since …

Tezos, BAT, Zcash Price Analysis: 21 January Read More »

Binance Coin, Dash, Synthetix Price Analysis: 17 January

Binance Coin, Dash, Synthetix Price Analysis: 17 January

Binance Coin looked to revisit $38.72 as the price failed to hold up above its present resistance. Dash formed a symmetrical triangle on the charts and presented the possibility of a breakout above $135.69 resistance while SNX reversed course and fell by over 12% after hitting record levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance …

Binance Coin, Dash, Synthetix Price Analysis: 17 January Read More »

Litecoin, Waves, VeChain Price Analysis: 09 January

Litecoin, Waves, VeChain Price Analysis: 09 January

Thanks to its sheer dominance in the crypto-market, it’s only understandable that most of the market’s altcoins enjoy a significant correlation with Bitcoin. The same was evident over the past two weeks as Bitcoin surged to breach one resistance level after another, the altcoin market followed. However, this wasn’t to last, especially since the world’s …

Litecoin, Waves, VeChain Price Analysis: 09 January Read More »

Scroll to Top