Market Capitalizations – DIGIT INFO

Binance calls on small and medium projects to combat low float, high FDV trend

DIGIT — Mon, 20 May 2024 14:01:00 +0000

Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.

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US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

DIGIT — Thu, 04 May 2023 14:19:56 +0000

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a closer look at what has triggered a ‘great consolidation’ in the banking sector, a […]

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Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet

DIGIT — Wed, 08 Mar 2023 21:30:58 +0000

On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold […]

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Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash

DIGIT — Mon, 15 Aug 2022 18:00:58 +0000

Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later, but during the last 24 […]

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Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

DIGIT — Fri, 13 May 2022 19:30:46 +0000

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance’s stablecoin BUSD has recently entered the top […]

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3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining

DIGIT — Sat, 07 May 2022 01:35:20 +0000

The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto assets combined shed roughly 0.8% in the last 24 hours, bitcoin has lost 9.4% since last week and seven day statistics show ethereum has dropped […]

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While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

DIGIT — Mon, 25 Apr 2022 21:30:12 +0000

Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday, the crypto economy slid under the $2 trillion mark and gold prices dropped […]

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Bitcoin Still Commands the 9th Largest Market Capitalization in the World

DIGIT — Sat, 03 Jul 2021 12:20:01 +0000

Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away from turning over tech […]

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