Analysis
Top interest-earning tokens to help you passively make money
CRO’s trading volume saw an increase of 37% in the span of the last 24 hours. NEXO saw an increase in its value by 3% in the last 24 hours. Both of these tokens have the potential for growth and will allow you to make money passively. Cronos (CRO) is the native cryptocurrency token used across the Cronos chain. Through its usage, users can earn an annual interest of up to 10%, which is paid out daily. Nexo (NEXO) is a blockchain-based lending platform that lets users get cryptocurrency-backed loans. This means that those who lock in tokens within the platform can receive interest payments on the funds which have been deposited. On June 7, Cronos launched the Cronos Accelerator program, which powers growth for early-stage projects that are building on the blockchain. Nexo also announce...
KuCoin continues to expand, chasing down Binance and Coinbase
KuCoin continues to expand and close gap to the top exchanges, such as Coinbase and Binance, as evidenced by increased utility of KCS token KuCoin Token (KCS) is the native token of KuCoin exchange, with which holders can earn daily passive income. Daily KCS bonuses are also available. Paying trading fees with KCS gets users a 20% discount on KuCoin. Also,other use cases of KCS include participating in Spotlight (IEO) , Burningdrop (a new launchpool product) and more. KuCoin’s goal to chase down the major crypto brokers remains in progress as the exchange, launched only five years ago, continues to expand its product offering and range of services. This is clearly evidenced by the push of the KCS token into more and more areas, which opens up a whole new opportunity for both the exchange a...
Trending tokens you should not miss on June 10
Helium (HNT), Chainlink (LINK), and Theta Network (THETA) are some of the best trending tokens to get on June 10. Helium increased in value by 35% in the last seven days, Chainlink by 23%, and Theta Network by 11%. Each project has undergone numerous developments and updates. Helium (HNT), Chainlink (LINK), and Theta Network (THETA) are some of the best cryptocurrency tokens that you can get on June 10. On June 9, 2022, Helium announced that Helium House ATX would open at Consensus 2022 with a stacked lineup of speakers. Helium also posted their daily wrap-up, where they announced integrations on Avalanche (AVAX) and BNB Chain (BNB), among other updates. Theta Network introduced Livestream support for the Theta Video API, which enables decentralized live streaming in any application o...
If you are looking for sports tokens, these might be your best options
The English Premier League has filed crypto and NFT trademarks. Interest in sports-related NFTs is high, given the fact that many companies are getting into the sphere. Each of these tokens has the potential for exponential growth going forward. Flow (FLOW), Chiliz (CHZ), and dotmoovs (MOOV) are some of the best sports-related tokens you can get on June 8, 2022. On June 6, 2022, the English Premier League (EPL) filed two cryptocurrency and NFT trademarks in the U.S., which is a sign that the sports league has plans to expand its brand into the digital sphere. These trademarks were filed with the United States Patent and Trademark Office (USPTO) and showcased in a tweet by licensed trademark attorney Michael Kondoudis. On June 6, 2022, the MetaverseHub team showcased a Flow ...
Best automated market maker (AMM) tokens to get
Uniswap (UNI), PancakeSwap (CAKE), and Curve DAO (CRV) are the best AMM tokens you can get in June. PancakeSwap saw the burn of 6,840,003 CAKE tokens which equaled $32 million. Uniswap made an analysis of how v3 outperforms v2, and Curve Finance saw the addition of new pools. Uniswap (UNI), PancakeSwap (CAKE), and Curve DAO (CRV) have all showcased solid performance as automated market makers (AMMs). According to a report by Uniswap Labs on June 6, 2022, Uniswap v3 outperforms v2 by 160% for 1-bp fee-tier range-bound stablecoin pairs by 80% for 100-bp fee-tiers, 16% for 30bp-fee tiers, and 68% for 5-bp fee tiers. Uniswap also introduced their new Smart Contract Engineer, Sara Reynolds. PancakeSwap also made an announcement that 6,840,003 CAKE tokens were burned, which equ...
Top internet of things (IoT) tokens not to miss in June
Helium (HNT), IOTA (MIOTA), and IoTeX (IOTX) are some of the best IoT tokens to get in June. HNT increased by 15%, MIOTA by 8%, and IOTX by 6% in the last 24 hours. Each of these tokens has huge potential for growth in the near future. Helium (HNT), IOTA (MIOTA), and IoTeX (IOTX) are some of the best Internet of Things (IoT) tokens that you can get on June 6, 2022. On June 5, 2022, Helium announced that the community voting for HIP 51 closes on June 7 and reminded users to cast their vote for the evolving network through the DAO. On June 6, 2022, IOTA made a recap video of some of the biggest news, where they announced the Stardust protocol upgrade on Shimmer. IoTeX also announced that the RoninX Foundation joined forces with SPROCKIT, which is an accelerator that brings new tech...
The Ledger: Music Companies That Didn’t Go Public Missed a Crucial Window
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. If a music company was thinking about going public last year and didn’t, it may have already missed its opportunity – at least for the foreseeable future. Since Universal Music Group went public on Sept. 21, 2021, the S&P 500 is down 5.9% and the tech-heavy Nasdaq is down 18.5%. From that date to the end of 2021, the markets rose 9.4% and 6.3%, respectively, and it looked like UMG might have left money on the table. But in 2022, stock prices turned south due to a combination of factors – namely rising interest rates and high inflation – and recession fears have multiplied. With the U.S. and other major economies on ...
Top 3 must-have tokens in June
Waves (WAVES), IOTA (MIOTA), and Stellar (XLM) are some of the best tokens to get in June. Waves increased by 5%, IOTA by 4%, and Stellar by 3% in the last 24 hours. Waves also increased by 121%, IOTA by 13%, and XLM by 18% in the last seven days. When it comes to getting into the sphere of cryptocurrency investments within June of 2022, things can get quite tricky due to the fact that there are over 19,700 cryptocurrencies available to pick from. As such, many newcomer investors will typically have a hard time deciding on which tokens to get. As such, we have created a list of the three must-have tokens in anyone’s portfolio. Waves (WAVES), IOTA (MIOTA), and Stellar (XLM) have showcased bullish outlooks recently and are the best token options to get in June of 2022. On May 27, Waves...
CEX vs DEX tokens, which ones to get and why
Both CEX and DEX tokens have found their place within the crypto sphere. Each type of cryptocurrency plays a role in the overall development, progression, and value of its ecosystem. We are going to go over why BNB, CRO, UNI, and CAKE are some of the best CEX and DEX tokens you can get. There’s a centralized exchange (CEX), and then there’s a decentralized exchange (DEX). A centralized exchange typically has its own order book, and each order is recorded and validated. CEXs operate under regulatory supervision and have know-your-customer policies built in. A decentralized exchange offers core functionalities found in a CEX, such as order books or automated market maker (AMM) models, a trading venue, a matching system, and security functions. However, in all DEXs, ea...
Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people
A number of social gatherings have started to take place in the Metaverse as companies across the globe begin to understand the value that virtual interactive environments can have for consumers. It shouldn’t come as a surprise then that Pride Month — a month-long celebration held in June to commemorate the 1969 Stonewall Riots — will be celebrated in various metaverse environments this year. Pride in the Metaverse creates open access Akbar Hamid, co-founder of People of Crypto Lab (POC) — an innovation hub dedicated to increasing diversity and representation in Web3 — told Cointelegraph that the Metaverse is an incredible way to allow people around the world to partake in events they may not be allowed to participate in otherwise. “We want Pride Month 2022 to be an event anyone can ...
ADA, AVAX, and SOL: why these altcoins have huge potential for growth
Avalanche (AVAX), Cardano (ADA) and Solana (SOL) are the best altcoins you can get at the start of June, 2022. Each crypto project has undergone numerous developments, all of which can contribute to the growth. AVAX announces TheDeFimons, Lagon launches USDC Ethereum-Cardano bridge, Big Dapper for Solana Mainnet-Beta. Avalanche, Cardano, and Solana are some of the best altcoins that you can get with huge potential for growth. On May 31, 2022, Avalanche announced that Moon Studios would bring TheDeFimons, which is a play-to-earn (P2E) pixel-art MMORPG, to Avalanche. On May 25, 2022, Lagon launched its Ethereum-Cardano bridge for the second-largest stablecoin, USDC. On May 27, 2022, the Big Dipper for Solana Mainnet-Beta went live. Users were given the opportunity to start explor...
JPMorgan picks out crypto as the preferred alternative asset
JPMorgan analysts chose Bitcoin over real estate, adding that the former’s fair value is 30% above current prices They also observed that VC funding should turn the current bear market and prevent a crypto winter akin to 2018/2019 JPMorgan analysts led by Nikolaos Panigirtzoglou have opined on the current crypto market, finding that the fair price of the world’s leading digital asset, Bitcoin, is 30% higher than current prices. The bank’s analysts said that there’s significant potential that Bitcoin could rise to $38,000 and carry other crypto tokens along with it, despite recent market capitulation. “The past month’s crypto market correction looks more like capitulation relative to last January/February, and going forward, we see upside for Bitcoin and crypto markets more generally,...
