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The crypto industry is constantly growing, redefining the very concept of financial assets. Decentralised Finance (DeFi) is coming into the spotlight, and with its accessibility, affordability, and convenience, its no surprise to see why. Blockchain networks are the heart of cryptocurrency, and DeFi blockchains offer several altcoins the support they need. Meanwhile, the industry is also welcoming new DeFi cryptocurrencies like Big Eyes Coin (BIG), which is wrapping up its iconic presale to launch very soon.

Do Big Eyes have what it takes to take over the top DeFi blockchains like Ethereum and Avalanche? Read on to find out.

The platforms maturity also reflects in the user experience, with user-friendly wallets such as MetaMask, Argent, and Rainbow, enabling easy interaction with the Ethereum blockchain and smart contracts. The extensive user base of Ethereum motivates developers to deploy their applications on the network, solidifying Ethereums position as the leading platform for DeFi and NFTs.

Can Big Eyes take over DeFi blockchains?For a while now, the brand new DeFi meme coin, Big Eyes (BIG), has created quite a stir with its presale. This was no ordinary feat, as BIG has managed to break the presale record of Ether itself. And launching on the 15th of June, BIG is preparing to take over Ethereums network as an ERC-20 token.

But this isnt just about making a fortune. Big Eyes Coin has set aside 5% of its supply to create a charity wallet that supports ocean sanctuaries. A cat has got to eat. The good intentions come from a passionate community that powers this paw-dorable coin. This is evident from their ever-so-happening Twitter handle and the 26,000-member Telegram group.

But thats not all. Their roadmap includes projects that cater to the broader investor base. There is an NFT Space, the Sushi Crew, under development.

Big Eyes Coin flaunts unmatched potential with its plethora of features and offerings. With a track record of collecting over $38.3 million in the presale stage, it is on its way to taking over the best DeFi blockchains. Try Big Eyes Coin to be a part of the next BIG thing in the crypto world.

Disclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

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Can Big Eyes Coin take over the best DeFi blockchains like Ethereum and Avalanche - Economic Times

Well, the past week had some exciting developments to offer, at least in certain segments of the market. The broader capitalization barely increased by around $5 billion, currently standing shy of $1.2 trillion. This came on the back of a relatively flat performance of major cryptocurrencies, but some altcoins managed to surprise. Lets dive in.

Its been a back-and-forth with Bitcoin this week. The cryptocurrency was trading at around $26,500 this time last week and managed to increase to around $27,500 a few days later. It plunged back below $27K, only to test $27,500 again on Thursday. The bears werent having it, though, and made another decisive swing down, putting BTCs price where its currently trading at around $26,800, booking a slight increase of 1.3%.

Ethereum is also trading for a 2% increase on the weekly, followed by Cardano (ADA), MATIC, DOT, and TRX all of which managed to book similar gains.

But thats where things get more exciting.

Ripples XRP increased by around 8% in the past seven days, positioning it as the clear leader within the top 10 cryptocurrencies by means of total market cap. The reasons are probably two-fold. The judge presiding over the case against the US Securities and Exchange Commission (SEC) ruled against the agencys motion to seal a certain record of former director Bill Hinman. Investors perceived this as bullish for XRP as it might have a positive impact on the outcome of the case. Ripple also entered a deal to acquire Metaco a Swiss-based crypto custodian, for $250 million.

And then theres PEPE. The memecoin thats taken center stage in the cryptocurrency industry is up some 17% in the past week, leading the memecoin sector by a considerable margin. Theres no telling why PEPE is up but as with anything meme-related, it could be any number of reasons. Its very interesting to see if it will maintain its position, though.

In any case, it remains very interesting to see how the market will shape in the following days and if XRP will continue on its positive trajectory.

Market Cap: $1,169B | 24H Vol: $34B | BTC Dominance: 44.4%

BTC: $26,829 (+1.3%) | ETH: $1,810 (+2%) | BNB: $309 (+1.1%)

We Asked ChatGPT Which 5 Cryptos Will Survive in 10 Years: The Answer Might Surprise You.We asked the most popular AI language model on which five cryptocurrencies will survive in the next 10 years. The answer might surprise you.

Tether Will Buy Bitcoin: Allocating 15% of Net Realized Operating Profits Regularly in BTC.The company behind the worlds largest stablecoin USDT Tether will be buying BTC. It announced that it will allocate as much as 15% of its net realized operating profits regularly.

Coinbase Launches Zero-Fee Trading, But There Are Catches.The leading US-based cryptocurrency exchange Coinbase is launching zero-fee trading. However, there is a catch. Users will have to pay $30 per month to be able to take advantage of this feature, making it not exactly zero-fee.

Ripple (XRP) Enters a $250 Million Deal to Acquire Metaco.Ripple, the company behind XRP, announced the acquisition of the Swiss-based cryptocurrency custody provider Metaco. The goal is to expand the firms services and grow within the institutional crypto custody market.

SEC Says FIL Is A Security, Asks Grayscale to Retract Filecoin Trusts Form 10 Application.The US Securities and Exchange Commission shows no mercy. It said that Filecoin (FIL) is a security and urged Grayscale to stop offering it to their clients.

ChatGPT Predicts 8 Things That Will Happen to Crypto By 2033.ChatGPT predicted eight different things that will happen to the cryptocurrency industry in the next decade. From mainstream adoption to increased regulatory scrutiny, heres what the AI thinks about the future of crypto.

This week we have a chart analysis of Ethereum, Ripple, Cardano, OP, and PEPE click here for the complete price analysis.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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XRP and PEPE Lead Markets, Bitcoin and Ethereum Flat but in Green: This Weeks Crypto Recap - CryptoPotato

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Cardanos Hoskinson calls Ethereum Classic scam after Ergos exclusion from Proof-of-Work Summit - CryptoSlate

What is CryptoSlate Alpha?

A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more

Welcome! You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.

If you don't have enough, buy ACS on the following exchanges:

Access Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more

Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and recognize that you will be bound by the terms and conditions of your third-party digital wallet provider, as well as any applicable terms and conditions of the Access Foundation. CryptoSlate shall have no responsibility or liability with regard to the provision, access, use, locking, security, integrity, value, or legal status of your ACS Tokens or your digital wallet, including any losses associated with your ACS tokens. It is solely your responsibility to assume the risks associated with locking your ACS tokens with CryptoSlate. For more information, visit our terms page.

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Paradigm argues against New Yorks attorney general classification of Ethereum as securities - CryptoSlate

In a display of confidence in the long-term prospects of the second-largest digital currency by market capitalization, Ethereum ($ETH), a mysterious cryptocurrency whale has recently sprung back into action after over two years of inertia, staking 4,032 ETH, worth around $7.4 million.

According to the popular blockchain analysis service Lookonchain, the investor was an early participant in Ethereums initial coin offering (ICO) and acquired a hefty 60,000 ETH at the genesis of the ETH mainnet in 2015.

This move is potentially indicative of the whales optimistic outlook towards Ethereum, and, perhaps more broadly, the trajectory of digital assets. The whales move comes shortly after bankrupt cryptocurrency lending platform Celsius moved to reclaim its Lido staked Ether (stETH) tokens from liquid staking platform Lido after the latter recently enabled withdrawals.

These withdrawals came in after Ethereums Shapella upgrade allowed investors to unstake their $ETH. Celsius has commenced the process of retrieving its Lido Staked Ether tokens according to blockchain data. The firm has requested the withdrawal of 428,084 stETH, organized in 1,000-unit batches.

The capital Celsius is set to recover could be deployed in its restructuring efforts or to settle a portion of its $4.7 billion debts owed to creditors. Earlier in the year, in February, the crypto lender had converted 22,962 wrapped Bitcoin (WBTC) into Bitcoin in a transaction estimated to be worth roughly $540 million at the time, as Cointelegraphreported.

As CryptoGlobe recently reported, the Ethereum network has been seeing a mysterious entity catch the attention of the community after it started making millions of dollars and consuming a large percentage of the networks gas fees, while operating a Maximal Extractable Value (MEV) bot.

According to a recently publishedreportby blockchain data analysis firm EigenPhi, the operator of the MEV bot jaredfromsubway has been taking advantage of traders on the Ethereum blockchain since February 27, and has since made a staggering $40.6 million in revenue, and $34.5 million in profit.

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Crypto Giant Reawakens: Ethereum ($ETH) ICO Participant Stakes ... - CryptoGlobe