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Tether is the most Googled stablecoin around the worldAnalysis of Google search data reveals Tribe coin is the world’s second most popular stablecoinUSD coin follows behind as the third most popular stablecoin globallyThe Most Googled StablecoinsThe study analysed Google Trends data over a 12-month period for the top 100 stablecoins as per CoinMarketCap, to reveal the most Googled stablecoin. TetherTether (USDT) topped the list as the world’s most searched stablecoin. The coin was launched by Hong-Kong-based company Tether. As of September 2020, the coin has made available over 14.4 billion US...
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Decentralized Finance or DeFi is a term that covers financial services on public blockchains. The use of DeFi allows users to use most banking services, such as lending, borrowing, trading and more, but is faster and without any paperwork. We could say that DeFi aims to disrupt the traditional financial industry by making it decentralized and non-custodial. Let’s take a look at the 10 biggest DeFi cryptocurrencies. 10 Biggest DeFi CryptocurrenciesQ3 2022 hedge fund letters, conferences and more Launched in 2017, it is the governance token of the MakerDAO and Maker Protocol that enables users t...
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Stablecoins are a digital currency of which their value is pegged to a “stable” reserve asset, such as the U.S. dollar or gold. The primary objective of stablecoins is to reduce volatility in comparison to unpegged cryptocurrencies such as Bitcoin. Such a feature makes stablecoins better suited for day-to-day transactions. Let’s take a look at the ten biggest stablecoins. Q3 2022 hedge fund letters, conferences and more Ten Biggest StablecoinsFounded in December 2020, it is a decentralized finance (DeFi) native algorithmic stablecoin that runs on two crypto assets: FEI stablecoin and TRIBE gov...
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March was a good month for the crypto market as a whole. Bitcoin, in particular, gained 9% last month, reversing almost all losses from the first two months of 2022. Other major cryptocurrencies also recorded impressive gains, and some performed even better than Bitcoin. Still, not all cryptocurrencies managed to end March with a positive number. Let’s take a look at the ten worst performing cryptocurrencies in March 2022. Q4 2021 hedge fund letters, conferences and more Ten Worst Performing Cryptocurrencies In March 2022It is a digital collateral token that offers instant, verifiable assuranc...
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2021 was a big year for the cryptocurrency industry, but 2022 so far is nowhere near that. Many believe the hype that the crypto market got last year is a major reason for a drop this year so far. Several experts consider the market to be in a correction phase now. Moreover, the growing political uncertainty is another reason for a drop in cryptocurrencies. Even Bitcoin is down almost 20% year-to-date. Presently, there are very few cryptocurrencies that are in the green, and this number is less than ten. Let’s take a look at the ten best performing cryptocurrencies in 2022 so far. Q4 2021 hedg...
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Despite the market’s volatility, the year 2021 proved to be a strong one for the crypto market. The crypto market briefly hit the $3 trillion mark last year. This, however, doesn’t mean that you can invest in any crypto and expect to reap massive returns overnight. In fact, there are several cryptocurrencies that lost a significant amount of value last year. Let’s take a look at the ten worst performing cryptocurrencies of 2021. Q3 2021 hedge fund letters, conferences and more Ten Worst Performing Cryptocurrencies Of 2021We have used the return data of 2021 (from coinmarketcap.com) to come up ...
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The first half of 2021 has been a breakthrough year for the crypto market. Now, the crypto industry is carrying forward the same performance in the second half as well. The market performed well in July, as well as in August, and there were a few coins that touched their all-time high in August. As always, there were a few coins that rewarded investors with massive returns and there were also those that provided negative or negligible returns last month. Let’s take a look at the ten worst performing cryptocurrencies in August. Q2 2021 hedge fund letters, conferences and more Ten Worst Performi...
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The financial world has witnessed several advancements since the introduction of blockchain, and one major reason for this is the DeFi (decentralized finance) applications. Such apps aim to recreate traditional financial systems with blockchain technology at the center. More simply, we could say that DeFi applications incorporate the use of smart contracts to make conventional financial applications even more useful. Let’s take a look at the top ten DeFi cryptocurrencies. Q2 2021 hedge fund letters, conferences and more Top Ten DeFi CryptocurrenciesWe have used the market cap (as of August 19,...
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The crypto market has been among the best performers over the past few years. Moreover, the COVID-19 pandemic has accelerated the acceptance of cryptocurrencies. According to Crunchbase, the crypto and blockchain sector has attracted almost $12.4 billion in venture investment into U.S. companies since 2017. In terms of performance also, most cryptos performed well, but some were unable to get into the green zone. Let’s take a look at the ten worst cryptocurrencies on the basis of return. Q2 2021 hedge fund letters, conferences and more Ten Cryptocurrencies With Worst YTD ReturnWe have referred...
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