On Feb. 1, 2024, the independent, nonprofit stablecoin assessment entity Bluechip made a noteworthy declaration. They officially bestowed an F grade upon Synthetix’s fiat tokens SUSD and SEUR, alongside Beanstalk’s dollar-pegged asset BEAN. Bluechip went on to reveal that both of these stablecoins have been included in the organization’s “Red Flag List,” signaling a strong […]
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter two tools have their drawbacks which […]
Top 5 AI Crypto Tokens Experience Downturn, Sector Loses $960 Million in Value
The value of crypto assets linked to artificial intelligence (AI) surged to $ 7 billion at the beginning of the year. However, recent weeks have seen a reduction of $ 960 million in the overall worth of the AI crypto sector. Each of the leading five AI-focused digital assets has experienced a decline …
Cogwise (COGW) Projected to Reach Top 30 Tokens on CoinMarketCap in 2024
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment decisions. This is where AI technology comes in. […]
Altcoin Season Index Signals Arrival — Top Tokens Eclipse Bitcoin’s Market Performance
According to the Altcoin Season Index from blockchaincenter.net, an indicator signaling the arrival of the so-called ‘altcoin season,’ the time has indeed come for altcoins. This metric essentially demonstrates that 75% of the leading 50 altcoins have outperformed bitcoin in the past 90 days. Altcoins Ascend as Index Points to Season’s Entry In early December […]