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CRYPTOCURRENCY
Bitcoin market cap currently stands at nearly US$1.1 trillion. If Bitcoin were a company, it would be bigger than Meta Platforms (formerly known as Facebook) and Tesla.
Ethereum market cap is hovering around US$500 billion, less than half the size of Bitcoin. But some believe that Ethereum will be the next Bitcoin. The key edge for Ethereum is its real-world.
Binance coin the native coin on the Binance exchange and currently has a market cap of over US$96 billion. Investors who pay transaction fees with Binance Coin receive discounts.
The U.S. Treasury Department recently called on Congress to take action to address the risks that could be posed to the economy by stable coins such as Tether.
Solana has been the biggest winner of these top cryptocurrencies over the last year with a gain of well over 10,000%. Many investors have flocked to Solana as an alternative to Ethereum.
Avalanche is one of the many projects seeking to “unseat Ethereum,” as one of the most widely used blockchain platforms, according to the cryptocurrency exchange Gemini.
In the game Axie Infinity, players buy monsters and have them fight one another to win tokens, which can then be turned back into real money.
The meme coin Samoyedcoin has piqued the interest of Daniel Polotsky, founder of CoinFlip, a Bitcoin ATM company.
Fetch.AI is using its technology to back real-world applications, says Ahmed Shabana, managing partner for Parkpine Capital.
On Coinbase, eligible customers can earn rewards for every USD Coin they hold. Each USDC is backed by one dollar or asset with equivalent fair value.
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