While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme digital assets dogecoin and shiba inu have seen double-digit losses during the last seven days. The top meme tokens coins by market capitalization today are worth…
Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’
The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the…
Anomus Private Round Closes With Uber-Subscribed Sales
IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last few months. Today Anomus is announcing the closure of its private sale round with a very successful and promising oversubscription. The oversubscription was well anticipated by the team; which is due to the project’s hype…
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central bank digital currencies (CBDC) to settle cross-border payments. Njoroge however insists the bank’s priority is getting it right rather than being the first. CBK’s Approach According to a report by the Kenyan Wallstreet, Njoroge —…
Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum
With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing up to dethrone Ethereum as the “go-to” hub for dapps and defi. Blockchain Metamorphosis to Catalyze Future Defi Growth Although many people may only be discovering it recently, blockchain technology has been around long enough…
Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments. However, Velarde also acknowledged this was not…