CryptoRank Analytics

19 сентября 2024 00:39

​​cbBTC vs. WBTC: Which Wrapped Bitcoin Reigns Supreme?

Let’s break it down with the facts 👇👇

1. Launch Date:

cbBTC: Launched in September 2024 by Coinbase, founded by Brian Armstrong in 2012.
WBTC: Launched in January 2019 by BitGo, co-founded by Mike Belshe in 2013.

5 years ahead, WBTC has a big head start in adoption and infrastructure.

2. Supply:

cbBTC: 1,739 BTC.
WBTC: 152,900 BTC.

WBTC is absolutely dominating in terms of supply (and liquidity?). If you're looking for liquidity in DeFi, WBTC is where the action's at!

3. Supported Chains:

cbBTC: Available on Ethereum and Base.
WBTC: Multi-chain — available on Ethereum, Base, Kava, Osmosis, and TRON.

WBTC is far more versatile, hopping across multiple chains. Need Bitcoin on TRON? WBTC's got you covered.

4. Proof of Reserves:

cbBTC: No proof of reserves found online.
WBTC: Fully transparent with proof of reserves across chains. Check it out:
Ethereum
Base
Kava
Osmosis
TRON

Transparency matters, and WBTC is leading the game with verifiable proof of reserves! cbBTC? Not so much.

5. Audit Report:

cbBTC: No audit reports.
WBTC: Audited in 2018 by ChainSecurity. Full report here.

Audit = Trust. WBTC shows you receipts, while cbBTC stays in the shadows for now.

6. Risk Analysis:

cbBTC: Blacklist enabled, controlled by a single entity. This breaks the Bitcoin censorship resistance ethos.
WBTC: No blacklisting and controlled by multiple parties. Aligned with Bitcoin’s decentralization and censorship resistance ideals.

If censorship resistance matters to you, WBTC is the clear winner here.

7. Decentralization Degree:

cbBTC: Centralized with Coinbase in control. They can blacklist addresses directly through the smart contract.
WBTC: More decentralized, no blacklisting, and not controlled by any single entity.

Decentralization warriors, your choice is obvious: WBTC aligns closer to Bitcoin's original vision of freedom.

✍️ Sum up

cbBTC: New, Coinbase-centric, with limited chains and no proof of reserves. Centralized and blacklist-enabled.
WBTC: Multi-chain powerhouse, audited, transparent, and censorship-resistant.

In the battle for wrapped Bitcoin supremacy, WBTC is miles ahead on all fronts—liquidity, transparency, and decentralization.

CryptoRank Analytics

18 сентября 2024 15:29

​​Revolut is reportedly advancing its plans to launch a stablecoin.

With its recent UK banking license, Revolut aims to expand its crypto offerings, taking a compliance-first approach.

Real-time crypto news 👉 cryptorank.io/news

CryptoRank Analytics

18 сентября 2024 11:11

​​📈Market Overview

Bitcoin trades above $60K. The top-10 cryptos are traded in different directions:

Bitcoin +2.34%
BNB +0.86%
Solana -1.34%

Market capitalization: $2.18T (+1.46%)
The BTC dominance: 54.58% (+0.93%)
Fear & Greed Index: 45 (Fear)

👉 Top Gainers

Atsuko Sato +485.3%
Neiro +113.3%
Billy +81.8%
UXLINK +41.3%
Tron Bull +40.3%

👉 Recent Funding Rounds

​​RISE Chain $3.2M Seed round led by Finality Capital Partners with participation from Vitalik Buterin, P2 Ventures, MH Ventures, OrangeDAO, Digital Asset Capital Management, ether.fi, and others

​​Pipe Network $10M Series A round led by Multicoin Capital with participation from Solana Ventures, Robot Ventures, and others

​​LogX $4M Strategic round with participation from Hashed Fund, DWF Labs, Gate.io, Saison Capital, WAGMI Ventures, Cumberland, and others

CryptoRank Analytics

17 сентября 2024 17:33

​​Most Popular Business Events on Polymarket

The crypto community on Polymarket is closely watching the Fed's key rate, signaling their recognition of its impact not only on the stock market but also on the crypto market. This reflects the growing interdependence between the crypto space and the global financial markets.

👉 https://cryptorank.io/ico/polymarket#funding-rounds

CryptoRank Analytics

17 сентября 2024 11:11

​​📈Market Overview

Bitcoin trades below $59K. The top-10 cryptos are traded in red zone:

BNB -2.03%
Dogecoin -1.64%
Toncoin -1.16%

Market capitalization: $2.15T (-0.33%)
The BTC dominance: 54.08% (-0.01%)
Fear & Greed Index: 33 (Fear)

👉 Top Gainers

Fight to MAGA +164%
Apu Apustaja +25.6%
UXLINK +23.7%
Mintlayer +25.3%
Parsiq +9.62%

👉 Recent Funding Rounds

Ore $3M Seed round led by Foundation Capital with participation from Solana Ventures, Third Kind Venture Capital, Dead King Society, and others

​​Eigenpie Seed round with participation from Robot Ventures, Arbitrum Foundation, PancakeSwap, Relayer Capital, and others

​​Derive Angel round with participation from DCF God, Vaibhav Chellani, Georgios Vlachos, Xinshu Dong, Rok Kopp, and others

CryptoRank Analytics

16 сентября 2024 16:33

​​Weekly Crypto News 📣

👉 News:
— MicroStrategy buys over $1 billion more bitcoin
— Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial
— Former President Trump ‘safe’ following gunshots nearby

👉 Project Updates:
— Aptos reports record on-chain activity, but skepticism over bot activity lingers
— Coinbase’s Wrapped Bitcoin cbBTC Goes Live
— Hedera contributes entire codebase to Linux Foundation

👉 Token Unlocks:
VELO - $34.35M
ID - $26.25M
ZKJ - $17.84M
APE - $10.99M

👉 Ongoing Activities:
— Join CryptoRank Mini App and collect CR Point
— Bull Run Bets $1000 raffle

CryptoRank Analytics

16 сентября 2024 12:27

​​🔓 Top 7 Token Unlocks of the Upcoming Week

The following tokens with the largest unlock amount will be unlocked next week:

Arbitrum - $47.45M
Velo - $34.17M
SPACE ID - $26.22M
Polyhedra - $17.89M
ApeCoin - $11.02M
Merlin Chain - $9.96M
Lista DAO - $8.13M

👉 https://cryptorank.io/token-unlock

CryptoRank Analytics

15 сентября 2024 10:20

​​📈Market Overview

Bitcoin trades above $60K. The top-10 cryptos are traded in different directions:

Toncoin -0.90%
Solana -0.31%
Ethereum +0.10%

Market capitalization: $2.21T (+0.09%)
The BTC dominance: 53.88% (-0.01%)
Fear & Greed Index: 51 (Neutral)

👉 Top Gainers

GameGPT +59.7%
GT-Protocol +41.3%
Zeus Network +26.1%
SPX6900 +25.1%
Neiro +21.7%

👉 Recent Funding Rounds

​​Wingbits $3.5M Seed round led by Tribe Capital and Borderles Capital with participation from Antler

​​OpenEden Funding round with participation from Binance Labs

​​GasHawk $1.6M Pre-Seed round with participation from Alchemy, AppWorks, Redbeard Capital, AVID3, 3SE Holdings, Artemis Capital, and others

CryptoRank Analytics

14 сентября 2024 01:49

​​Top 10 Gainers of the Last 24 Hours

Nervos Network $CKB +50.3%
Mother Iggy $MOTHER +42.6%
Mao $MAO +41.1%
CorgiAI $CORGIAI +34.4%
Electroneum $ETN +34.3%
Mintlayer $ML +24.1%
DigiByte $DGB +22.8%
SPX6900 $SPX +22.3%
wrapped dog $wDOG +16.4%
TrueFi $TRU 15.9%

👉 https://cryptorank.io/gainers

CryptoRank Analytics

13 сентября 2024 14:39

​​🚨 JUST IN: MicroStrategy has acquired 18,300 $BTC for $1.1 billion in cash.

This brings the company's total holdings to 244,800 Bitcoin.

Real-time crypto news 👉 cryptorank.io/news

CryptoRank Analytics

13 сентября 2024 02:28

​​Linea LXP and Scroll Marks Distribution

As Linea Voyage and Scroll Sessions approach their conclusion, users can begin estimating their potential airdrop rewards.

Average points per user:
Scroll: 250
Linea: 372

👉 https://cryptorank.io/drophunting

CryptoRank Analytics

12 сентября 2024 15:26

​​Top 10 Blockchains by Year-over-Year Transactions Growth

Amid the constant buzz of short-term news, it's easy to lose sight of the bigger picture. We’ve taken a step back to analyze blockchain growth over a longer period. Below are the top 10 blockchains ranked by their annual transaction growth.

Here’s how we calculated it: We considered only blockchains with active mainnet transactions as of September 12, 2022. We totaled transactions from September 2023 to September 2024, then subtracted the total from September 2022 to September 2023. Using these figures, we calculated the annual percentage growth for each blockchain.

👉 https://cryptorank.io/categories/chain

CryptoRank Analytics

12 сентября 2024 01:21

​​Top 10 PolitiFi Tokens by Market Cap

MAGA - $130M
MAGA Hat - $30.5M
Doland Tremp - $14.0M
Super Trump - $13.1M
tooker kurlson - $7.8M
Kamala Horris - $7.0M
MAGA Again - $7.0M
Fight to MAGA - $4.6M
Dark MAGA - $4.5M
4TRUMP - $4.0M

👉 https://cryptorank.io/categories/meme

CryptoRank Analytics

11 сентября 2024 13:41

​​Top Events by Bet Volume on Polymarket

Polymarket has emerged as a highly successful blockchain project, gaining major traction, particularly around presidential elections.

But what’s next for Polymarket? Will it continue to thrive beyond the election season?

🔥 - Yes, it will expand into new niches.
🤷 - No, expect a sharp drop in volume.

👉 https://cryptorank.io/ico/polymarket#funding-rounds

CryptoRank Analytics

11 сентября 2024 00:13

❗️Crypto Market Recap: August 2024

- August was the worst month for crypto performance in 2024;

- Disappointment over poor performance, small airdrops, and the lack of new narratives fueled memecoin trading;

- Memecoins were the top performers in August;

- Solana and TRON led the memecoin trading scene, with Solana’s PumpFun and TRON’s SunPump platforms driving activity;

For more insights on August crypto market performance, read our detailed recap:

👉 https://cryptorank.io/insights/reports/crypto-market-recap-august2024

CryptoRank Analytics

18 сентября 2024 17:52

​​⚡️ Dojo Launches on Base with a Unique MemePad Model

Launched by Goat Trading and SushiSwap, Dojo sets itself apart from competitors by locking 100% of the token supply in Sushi V3, giving creators 40% of trading fees, and offering unique token types like Classic, Charity, Taxshare, and Multiplier.

Earnings are also used to buy and burn $GOAT, with trading fees distributed among Sushi, creators, Goat Trading, and $GOAT holders.

Trade meme coins on Dojo via Telegram bot.

CryptoRank Analytics

18 сентября 2024 14:39

​​Top 15 Coins With 100% Circulating Supply by Market Cap

Many tokens face challenges in growth due to the large gap between their market cap and fully diluted value. Newly unlocked tokens often cause downward pressure on prices, making it harder for the token's value to increase.

This is partly why meme coins have gained popularity—they typically have 100% of their supply in circulation. Of the top 15 coins with a fully circulating supply, 8 are meme coins.

👉 https://cryptorank.io/performance

CryptoRank Analytics

17 сентября 2024 19:54

🤔 Will we see a bull run in 2024?

The current crypto market is raising some serious concerns:

— Most altcoins are at their lowest points this year.
— $ETH is rapidly losing ground to $BTC.
— New projects are struggling, with meme coins being the only category performing well.

There's a rise in uncertainty and doubt within the community, with many wondering, "Are we back in a bear market?"

We tackle this and more in our latest article. Spoiler: there’s still hope 🚀

👉 https://cryptorank.io/insights/analytics/when-will-the-exponential-growth-phase-hit-in-the-current-cycle

CryptoRank Analytics

17 сентября 2024 15:22

​​Top 15 Projects on TON by 30D Active Users

Catizen - 1.61M
Ston Fi - 854K
DeDust - 358K
Yescoin - 324K
GAMEE - 222K
Vertus - 99.0K
Gatto - 23.1K
Cat Gold Miner - 15.4K
MomoAI (MetaOasis) - 14.9K
Bounty Bay - 14.3K
Tongifts - 9.8K
HAPI ID - 9.5K
Storm Trade - 8.6K
Sphynx - 6.2K
LiveArt - 6.1K

👉 https://cryptorank.io/ecosystems/ton-ecosystem

CryptoRank Analytics

16 сентября 2024 18:45

​​Major Crypto Events This Week 🚀

Dive into the most electrifying moments in the crypto universe with CryptoRank!

🔹 September 16:
- The last day of Newton V2 airdrop campaign from 0G Labs
- The end of second season from Glacier Network

🔹 September 17:
- Airdrop claim from EigenLayer season 2
- Week 8 of Taiko Quests
- Movement Testnet Ends

🔹 September 18:
- Opening day of Token 2049 in Singapore
- $SKY and $USDC tokens will be available

🔹 September 19:
- Deadline for the Intract quest from Linea

🔹 September 20:
- First season of farm points from Kana
- Dusk mainnet launch

🔹 September 21:
- Forgotten Playland $1.13M token unlock

🔹 September 22:
- SPACE ID $25.6M token unlock

Stay ahead of the game with CryptoRank Drophunting:

👉 CryptoRank Drophunting

CryptoRank Analytics

16 сентября 2024 14:29

​​Bitcoin Dominance Breaks 3 Years High

Bitcoin dominance has surged to its highest level since April 2021. This rise in dominance coincides with increasing volatility in altcoins, especially Ethereum. In the past 24 hours, Bitcoin dropped 2%, while Ethereum saw a 4% decline.

Interestingly, at the institutional level and among presidential candidates, conversations about cryptocurrency often center around Bitcoin, with other coins receiving far less attention.

What do you think? Is this a pause before the next altcoin rally, or will Bitcoin’s dominance continue to rise?

👉 https://cryptorank.io/charts/btc-dominance

CryptoRank Analytics

16 сентября 2024 11:20

​​📈Market Overview

Bitcoin trades below $59K. The top-10 cryptos are traded in red zone:

Ethereum -4.07%
Solana -3.84%
Dogecoin -2.98%

Market capitalization: $2.15T (-2.28%)
The BTC dominance: 54.10% (+0.38%)
Fear & Greed Index: 39 (Fear)

👉 Top Gainers

Neiro +741%
Baby Doge Coin +52.3%
OMG Network +40.7%
STP Network +28.7%
Turbo +20.7%

👉 Recent Funding Rounds

​​Fuse $12M Strategic round led by Multicoin Capital

Titan $3.5M Pre-Seed round led by Round 13 Digital Asset Fund

​​Infinit $6M Funding round led by Hashed Fund, Electric Capital, and Mirana Ventures with participation from Robot Ventures, Bankless Ventures, Maelstrom, Faction, Nomad Capital, Selini Capital, and others

CryptoRank Analytics

14 сентября 2024 11:42

​​📈Market Overview

Bitcoin trades above $60K. The top-10 cryptos are traded in green zone:

Toncoin +4.55%
Bitcoin +3.35%
Ethereum +2.79%

Market capitalization: $2.20T (+2.68%)
The BTC dominance: 53.86% (+0.71%)
Fear & Greed Index: 50 (Neutral)

👉 Top Gainers

SPX6900 +58.2%
Nervos Network +33.4%
CorgiAI +28.5%
Smoking Chicken Fish +22.6%
Foxy +20.9%

👉 Recent Funding Rounds

​​Carrot $600K Pre-Seed round with participation from BOOGLE, DRiP, Dead King Society, and others

​​Titan Network Seed round led by Arrington XRP Capital with participation from DePIN X

​​Hyperbridge $2.5M Seed round led by Web3 Foundation with participation from Scytale Digital

CryptoRank Analytics

13 сентября 2024 16:16

The Growth of Fiat-Backed Stablecoin Market Cap: A Leading Use Case for Blockchain

📈 The market cap of stablecoins tends to grow without significant decline, even during bear markets, thanks to their price stability.

This is evidence that blockchain technology, combined with tokens backed by real assets such as fiat money, is the best use case of blockchain technology so far.

Further tokenization of different asset classes is very likely the main vector of future market development.

These asset classes may vary from stocks and real estate to in-game points, armor, achievements, and different types of intellectual property.

🧐 The main question for us is: how can we profit from the tokenization trend as regular users?

👉 https://cryptorank.io/insights/analytics/The-Growth-Of-Fiat-Backed-Stablecoin-Market-Cap

CryptoRank Analytics

13 сентября 2024 11:14

​​📈Market Overview

Bitcoin trades above $58K. The top-10 cryptos are traded in different directions:

Toncon +2.38%
Dogecoin +1.73%
Ethereum -0.47%

Market capitalization: $2.14T (-0.22%)
The BTC dominance: 53.48% (-0.32%)
Fear & Greed Index: 32 (Fear)

👉 Top Gainers

Mao +43.2%
EtherVista +40%
Dimitra +34.9%
PolySwarm +33.4%
TopGoal +26.5%

👉 Recent Funding Rounds

Castile $8M Funding round led by SevenX Ventures with participation from HashKey Capital, OKX Ventures, Amber Group, Aptos, Leland Ventures, and Matr1x

​​Huma Finance $38M Series A round with participation from HashKey Capital, Circle, ParaFi Capital, Fenbushi Capital, Distributed Global, Robot Ventures, Folius Ventures, Blockchain Founders Fund, and others

​​Fountain $3.5M Seed round with participation from Alliance DAO, NGC Ventures, Blockchain Founders Fund, Foundation Capital, Caladan (Alphalab), UOB Venture , Primal Capital, and others

CryptoRank Analytics

12 сентября 2024 18:37

​​Top 10 Gaming Blockchains by Fully Diluted Valuation

Gaming blockchains could emerge as a strong alternative investment to Layer 2 solutions, which currently face challenges due to limited use cases. In contrast, gaming blockchains have no shortage of use cases—they simply require further technological advancement to handle more complex gaming projects.

If they succeed in attracting or developing Tier 1 games, they could become some of the most successful projects in the crypto space. Humster Combat is just the beginning, showcasing the potential of what blockchain gaming can achieve in the near future.

👉 https://cryptorank.io/categories/chain

CryptoRank Analytics

12 сентября 2024 11:14

​​📈Market Overview

Bitcoin trades above $58K. The top-10 cryptos are traded in green zone:

BNB +6.55%
Bitcoin +3.40%
Solana +2.88%

Market capitalization: $2.15T (+2.83%)
The BTC dominance: 53.65% (+0.57%)
Fear & Greed Index: 31 (Fear)

👉 Top Gainers

Tron Bull +41.7%
UXLINK +29.8%
Mao +26.2%
Polkastarter +23.8%
Moonwell +23.3%

👉 Recent Funding Rounds

​​PIN AI $10M Pre-Seed round with participation from Andreessen Horowitz (a16z), Hack VC, Foresight Ventures, Alumni Ventures Group, Symbolic Capital, Nomad Capital, Anagram Crypto, and others

Cork Protocol Funding round with participation from Andreessen Horowitz (a16z), IDEO CoLab Ventures, OrangeDAO, Founderheads, Unbounded Capital, Steakhouse Financial, and Outliers Fund

​​Ammalgam $2.5M Seed round led by Framework Ventures and Faction with participation from Robot Ventures, NGC Ventures, Moonrock Capital, Blockchain Founders Fund, Dewhales, Selini Capital, and others

CryptoRank Analytics

11 сентября 2024 16:37

​​Top 15 Meme Coins by 24H Trading Volume

Pepe - $376M
Dogecoin - $315M
DOGS - $264M
dogwifhat - $240M
SunDog - $138M

ConstitutionDAO - $110M
Popcat - $97M
FLOKI - $96M
BOOK OF MEME - $95M
ORDI - $88M

Neiro (Eth) - $78M
SHIBA INU - $72M
Bonk - $61M
Simon's Cat - $57M
Turbo - $46M

👉 https://cryptorank.io/performance

CryptoRank Analytics

11 сентября 2024 11:19

​​📈Market Overview

Bitcoin trades below $57K. The top-10 cryptos are traded in red zone:

Dogecoin -3.34%
Solana -2.74%
BNB -1.82%

Market capitalization: $2.09T (-1.16%)
The BTC dominance: 53.33% (-0.10%)
Fear & Greed Index: 37 (Fear)

👉 Top Gainers

AI Companions +75.8%
MUNCAT +29.3%
The Root Network +25.1%
Opulous +24.6%
Parsiq +22.6%

👉 Recent Funding Rounds

Moku $5.35M Funding round led by Andreessen Horowitz (a16z) and Sky Mavis with participation from Framework Ventures, Big Brain Holdings, Bankless Ventures, and others

t1 Protocol $2.5M Pre-Seed round with participation from Andreessen Horowitz (a16z), Tokka Labs, PNYX Ventures, and others

Blocksense Network $4M Seed round led by Permutation with participation from Andreessen Horowitz (a16z), MH Ventures, Daedalus, and others

CryptoRank Analytics

10 сентября 2024 16:40

​​New Airdrop Campaigns Launch Amid Market Fluctuations

Don't miss your chance to join the latest airdrops as the market's wild swings grab attention. Projects keep building, and airdrop hunters keep chasing! 💸

👉 https://cryptorank.io/drophunting