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3232Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
https://www.digit.info/smart-contract-token-market-soars-to-332-billion-defi-value-reaches-high-not-seen-since-ftx-collapse/
Thu, 02 Feb 2023 18:30:18 +0000https://www.digit.info/2023/02/02/smart-contract-token-market-soars-to-332-billion-defi-value-reaches-high-not-seen-since-ftx-collapse/Read more]]>The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart […]
]]>Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
https://www.digit.info/smart-contract-platform-tokens-see-double-digit-gains-boosting-defi-tvl-above-40-billion/
Mon, 09 Jan 2023 20:30:13 +0000https://www.digit.info/2023/01/09/smart-contract-platform-tokens-see-double-digit-gains-boosting-defi-tvl-above-40-billion/Read more]]>Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains over […]
]]>Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020
https://www.digit.info/crypto-economys-market-cap-slides-below-800-billion-for-the-first-time-since-december-2020/
Mon, 21 Nov 2022 21:30:24 +0000https://www.digit.info/2022/11/21/crypto-economys-market-cap-slides-below-800-billion-for-the-first-time-since-december-2020/Read more]]>The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday, dropping below the $1,100 range. Crypto […]
]]>JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
https://www.digit.info/jpmorgan-ethereum-losing-ground-to-other-crypto-in-nft-market-due-to-high-transaction-fees-congestion/
Fri, 21 Jan 2022 01:00:06 +0000https://www.digit.info/2022/01/21/jpmorgan-ethereum-losing-ground-to-other-crypto-in-nft-market-due-to-high-transaction-fees-congestion/Read more]]>JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]
]]>Study Shows Market Share of Altcoins Surged Threefold Since 2014
https://www.digit.info/study-shows-market-share-of-altcoins-surged-threefold-since-2014/
Mon, 27 Dec 2021 17:00:52 +0000https://www.digit.info/2021/12/27/study-shows-market-share-of-altcoins-surged-threefold-since-2014/Read more]]>This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins surged threefold from 21% in 2014, to today’s market share of 62%. Report […]
]]>Ethereum’s Crypto Economy Dominance Nears 20% as Ether Prices Rocket to Fresh Highs
https://www.digit.info/ethereums-crypto-economy-dominance-nears-20-as-ether-prices-rocket-to-fresh-highs/
Wed, 01 Sep 2021 13:46:05 +0000https://www.digit.info/2021/09/01/ethereums-crypto-economy-dominance-nears-20-as-ether-prices-rocket-to-fresh-highs/Read more]]>The world’s second-leading crypto asset in terms of market valuation, ethereum, has seen significant gains during the last few days. Over the last 24 hours, ether values have jumped over 5% and during the course of the last week, ether has gained 11.8%. The crypto asset’s $417 billion market cap represents 18.9% of the $2.21 […]