As of today, zcash, monero and dash won’t be included among Bittrex’s tradable assets.
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Author: Benjamin Powers
The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020.
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Author: Tanzeel Akhtar
Quick Take
- The Block Research identified a total of 21 projects that have received outside capital from investors (Not grants or Polkadot’s treasury)
- Approximately $52 million in aggregate has been allocated to these projects, with an average deal size of roughly $2.7 million and a median deal size of $1.5 million
- Dating back to 2019, The Web3 Foundation has issued a total of 205 grants for the development & research of Polkadot, Kusama, and their blockchain application framework, Substrate
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Author: John Dantoni
Polkadot’s DOT token has become the fourth-largest coin in terms of market capitalization, surpassing the embattled XRP.
DOT’s market cap currently stands at around $13.45 billion, according to tracker Coingecko. XRP’s market cap, on the other hand, is at about $13.28 billion. The sharp rise in DOT’s price in recent days, about 50% in the last seven days, has pushed its market cap to higher levels.
DOT is currently trading at around $14, while XRP is at about $0.30, according to CoinGecko.
Source: CoinGecko, The Block Research
Source: CoinGecko, The Block Research
Polkadot is a Layer-1, proof-of-stake blockchain network, and a challenger to Ethereum. The protocol was created by Ethereum co-founder Gavin Wood and went live in May of last year. It claims to fix Ethereum’s scalability and interoperability issues.
As The Block Research’s John Dantoni wrote yesterday, Polkadot has become the most popular alternative to Ethereum for decentralized finance (DeFi) investment purposes. From September to November 2020, roughly 19% of DeFi projects that received venture funding were building on Polkadot.
Dantoni also mapped out Polkadot’s ecosystem and found out that a total of 127 projects across sixteen different verticals are currently building on the network.
Meanwhile, XRP has been under pressure since its issuer Ripple is fighting a legal battle with the U.S. government. Last month, the Securities and Exchange Commission alleged that Ripple and two of its executives — CEO Brad Garlinghouse and co-founder Chris Larsen — engaged in sales of unregistered securities. XRP’s price is down by about 35% since the lawsuit, affecting its market cap. The digital asset is currently trading at around $0.30 per token.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Yogita Khatri
The U.S. dollar’s rise on the news maybe be playing spoilsport to the bitcoin bulls.
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Author: Omkar Godbole
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.
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Author: Tanzeel Akhtar
Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT.
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Author: Tanzeel Akhtar
Malaysia’s Mobile Money and Bangladesh’s bKash will leverage RippleNet for wallet-to-wallet transactions.
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Author: Sebastian Sinclair
“Shreeki” allegedly hacked government portals, bitcoin exchanges and poker sites.
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Author: Tanzeel Akhtar
Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade client’s bitcoin.
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Author: Sebastian Sinclair
