News

New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap

Coins Legend August 31, 2022 0

The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month

Market updates

While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards

Coins Legend June 28, 2022 0

During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than it is today. Bitcoin and Ethereum Dominance Has Dropped […]

Market updates

Biggest Movers: WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday

Coins Legend April 13, 2022 0

WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the process. Overall, the crypto market cap is 1.17% higher as of writing. Bitcoin Cash (BCH) As crypto prices slowly began to […]

News

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

Coins Legend April 11, 2022 0

The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. Stablecoin […]