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Waves price, market cap on Coin360 heatmap

Waves(WAVES)

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$2.2277
(-0.54%)
0.00013442 BTC
Market Cap (Rank#119)
$244,959,410
14,781 BTC
Vol 24h
$9,774,105
589.764 BTC
Circulating Supply
109,960,000
Max Supply
?
1 day agonulltx
Oryen Network latest 200% price move makes it one of the best Passive Income tokens alongside CAKE and Waves
You should absolutely check out Oryen if you’re looking for a fantastic way to get some passive income. Unlike WAVES and CAKE, ORY provides a fixed 90% APY, making it a perfect choice for investors wishing to boost their overall portfolio. Pancakeswap (CAKE) One of the largest initiatives on the Binance Smart Chain, is pancakeswap. […] The post Oryen Network latest 200% price move makes it one of the best Passive Income tokens alongside CAKE and Waves appeared first on NullTX.
4 days agocryptodaily
Is Genesis Filing For Bankruptcy?
Genesis has claimed that it is in talks with investors and wants to resolve its fund shortage without filing for bankruptcy. Bankruptcy Filing Not Imminent Crypto lending platform Genesis might not be one of the dominos that toppled over in the aftermath of the FTX debacle. The company has refuted reports of an imminent bankruptcy filing. It has been in a $1 billion shortfall due to its significant exposure to the defunct crypto exchange FTX. Earlier, there were reports that the firm was having trouble raising money to cover the shortfall and was considering filing for bankruptcy. Although the company never announced a bankruptcy filing, several people familiar with the matter claimed so. However, in a more recent turn of events, a company spokesperson has refuted these claims. According to them, the company is continuing to explore other alternatives through constructive decisions with creditors and has no plans to file for bankruptcy as of now. They stated, “We have no plans to file bankruptcy imminently. Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors.” Genesis Needs $1B Emergency Loan Genesis’s misfortunes started with the downfall of the FTX crypto exchange. The lending platform, which had around $175 million locked away in its FTX trading account, experienced a severe liquidity crisis. According to reports, it had extended a loan to Alameda Research, accepting FTT tokens as collateral, which plummeted to zero after FTX’s collapse. As a result, the Genesis team had to freeze all withdrawals and start considering its options. The company was approaching major investors like Binance and Apollo Global Management for a $1 billion emergency cash loan. However, Binance, which was considered a significant potential backer, turned down the investment. As of now, the company is still attempting to raise funds but might need to go the Chapter 11 route if all other options fail to materialize. Where Does DCG Stand? Industry-wide shockwaves are still destabilizing companies and firms involved in the FTX mess. Grayscale Investment’s Bitcoin ETF, Grayscale Bitcoin Trust (GBTC), is another such firm that has suffered in the aftermath, with its shares dropping by record percentages. Both Genesis and Grayscale Investments share the same parent company, Digital Currency Group (DCG), which already had to bail Genesis out after it was exposed to the now-defunct Three Arrows Capital (3AC) a few months back. Will DCG have to come to Genesis’s rescue once again? What about its own financial health? The questions are building. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
5 days agocryptopotato
Bitcoin Shorts Hit Two-Year Record As The FTX Collapse Makes Waves, CoinShares Reports
The FTX scandal has made the crypto winter even colder, and traders are betting against the price of Bitcoin, thinking that there is still some time ahead before spring arrives.
9 days agocryptodaily
Tom Brady, Stephen Curry, Warriors Sued Over FTX Association
Lawsuits hit a string of high-profile celebrities for endorsing and promoting the now-bankrupt FTX cryptocurrency exchange. The list includes the likes of Tom Brady, Stephen Curry, Gisele Bundchen, Larry David, Naomi Osaka, and the Golden State Warriors. Legal Trouble Mounts For FTX Promoters As FTX’s sudden collapse continues to make waves in the crypto community, celebrities that endorsed the exchange have also come under scrutiny. A group of investors filed a class action lawsuit against individuals endorsing the exchange. The list includes high-profile names such as Tom Brady, Stephen Curry, Gisele Bundchen, Larry David, Naomi Osaka, and the Golden State Warriors. According to the lawsuit, the platform targeted gullible investors through celebrity endorsements, describing the exchange as a “Ponzi Scheme.” “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors from across the country, who utilize mobile apps to make their investments. As a result, American consumers collectively sustained over $11 billion in damages.” Case Could Be Brought To Federal Court The lawsuit was filed in Miami and stated that the damages clear the $5 million minimum required to bring the case in federal court. Additionally, it states that it seeks to represent thousands that brought securities in the form of interest-bearing accounts. This lawsuit is the latest fallout that resulted from the collapse of FTX, sending shockwaves in the crypto community. Until just over a week ago, the Sam Bankman-Fried-led FTX was considered a blue-chip crypto company which was valued at $30 billion. However, it was revealed that the exchange indulged in several unethical practices, shady accounting practices, raiding customer accounts, and making extremely risky investments. “Although many incriminating FTX emails and texts have already been destroyed, we located them.” The case is being handled by leading law firm Boies Schiller Flexner LLP and the Moskowitz Law Firm. Details Of The Lawsuit The lawsuit accuses FTX and the celebrities associated with the exchange of violating Florida Securities and Consumer Protection laws and engaging in an illegal civil conspiracy. The claims rely on a significant point, which is that FTX.US intentionally steered users to its overseas exchange where they could purchase “yield-bearing accounts” and avail of interest rates going up to 8% for lending assets such as ETH. This point is significant because FTX has consistently maintained that American citizens were not allowed on the overseas exchange. It also stated that it actively prevented potential users from using the exchange. However, Edwin Garrison, one of the individuals that filed the lawsuit, claimed that he signed up to FTX US and identified himself as a US citizen. However, the application still showed him advertisements redirecting him to the overseas exchange. “Despite the fact I identified myself by name and address, the FTX Trading App now shows that I am earning yield on the ETH. The yield is valued at 8 percent APR. I was able to access the yield-earning product after following a link to the FTX Trading App from FTX US’s website.” Warriors Pause All FTX-Related Promotions The Golden State Warriors, who had frequently shown in-arena ads for FTX, announced that they were halting all FTX-related promotions in the wake of the collapse. The reigning champions added that a Jordan Poole bobblehead given to 10,000 fans during Monday’s game was the last FTX promotion. Others who endorsed FTX include actor Stephen Curry, NFL superstar Tom Brady and his then-wife Gisele Bundchen who featured in a nationwide ad campaign for the exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10 days agocryptodaily
The Hideaways (HDWY) Steals Spotlight From Bitcoin (BTC) And Ripple (XRP)
Market optimism is once again running away ahead of the key US economic data this week. Along with this, Bitcoin (BTC) and Ripple (XRP) have shared declines despite prominent whale activities. Bitcoin and Ripple holders are now keeping an eye on the most popular crypto project, The Hideaways (HDWY), which has stood tall against the broader bearish sentiment in the cryptocurrency community. Bitcoin (BTC) Whales Scoop Massive BTC Bitcoin (BTC) kickstarted the week with a prominent whale activity, moving $1.58 billion BTC in a series of transactions. Despite the enormous whale transaction, Bitcoin is exchanging hands at $20,763.23. Consequently, this price level represents a decline of 2.20% in the past 24 hours, remaining fixed in a sticky trading range. Another unexpected twist from the crypto space is the ongoing turmoil within the exchange FTX over liquidity concerns. Bitcoin (BTC) reacted bearishly in line with the news, placing a 2022 price prediction below the $20,000 mark. Contrary to the crypto market, The Hideaways (HDWY) has permanently locked its liquidity, placing price stability as a top priority. Ripple (XRP) Whales Are Also In Motion Like Bitcoin (BTC), Ripple (XRP) whales were also circling late last week. Reports have revealed that a separate unknown wallet moved 60 million XRP to Bitstamp, which is about $28.03 million in value. Another substantial Ripple was also processed by Bitso, amounting to $13.88 million in XRP from an anonymous wallet. Nevertheless, Ripple (XRP) has posted an intraday 3.80% slump to $0.470830, reflecting a YoY low of 59.00%. Experts have stated that Ripple supporters must wait about three months before its case against the SEC ends. Unlike The Hideaways (HDWY), multi-highs for Ripple are still far-fetched, and XRP is projected to sink to $0.30. The Hideaways (HDWY) Is Set To Lead 2023! Due to the popularity of The Hideaways (HDWY) presale, the project has made notable waves, making it the most popular cryptocurrency this year. Bitcoin (BTC) and Ripple (XRP) investors have crowded the Hideaways, as the presale superstar is set to deliver up to 40x ROI in 2023. The high-potential initiative is on track to be the next Bitcoin in the crypto space. The Hideaways (HDWY) is the very first to open opportunities in NFTs linked to high-tier property assets, securing passive income while holding on to crypto gains. Higher returns await early investors as The Hideaways is currently sitting at a $72 million market capitalization, an inferior value that could grow to a market cap of over $1bn next year! Along with its audit with Solidproof, analysts have hailed The Hideaways (HDWY) as the safest investment choice of the decade. Make sure you do not let this chance pass by. Website: https://www.thehideaways.io Pre-Sale: https://ticket.thehideaways.io/register Telegram: https://t.me/thehideawayscrypto Twitter: https://twitter.com/hdwycrypto Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
11 days agocoindesk
The ‘SBF Bill’: What’s in the Crypto Legislation Backed by FTX Founder
The swift and surprising collapse of FTX last week continues to send shockwaves across the crypto industry and beyond – and Capitol Hill is not immune.
12 days agocryptodaily
CZ recovery fund for crypto projects in liquidity crisis
Bitcoin and crypto prices shot up this morning on the news that CZ wants to put together an “Industry Recovery Fund” in order to support strong projects undergoing a liquidity crisis. All crypto was trending downwards this morning as the waves of selling continued on the back of the uncertainty and fear caused by the collapse and bankruptcy of Sam Bankman’s crypto exchange and trading empire. However, the announcement by Binance CEO Changpeng Zhao (CZ) on Twitter earlier today, that his company would be putting together an Industry Recovery Fund, provided a much needed relief rally for the market, even if it might only be short lasting. To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify. 1/2 — CZ
16 days agocryptodaily
Bitcoin ATMs On The Rise In Canada
Recent statistics have revealed that the number of Bitcoin ATM locations in the North American country has surged by over 28% in the last year. Record Number Of ATMs In 2022 Despite crypto prices taking a freefall across 2022, the industry has hit several milestones in other arenas. As retail brands and institutional investors show more interest in the asset, there has been a surge in installations of Bitcoin ATMs in locations across Canada. According to Coin ATM Radar, there has been a 28% increase in the number of Bitcoin ATM locations across Canada in 2022. According to the data found by the crypto ATM tracker, 2000 Bitcoin ATMs were deployed across Canada in 2021. In comparison, the number of ATMs in 2022 increased by over 500, reaching 2580. Canada Is No.2 By Crypto ATMs Breaking it down even further, Canada had 2289 ATMs in the first quarter of 2022. In the second quarter, the number of ATMs soared to 2438, indicating that each quarter brought about an increase of over 100 new ATMs, which is significantly higher than other countries. The new numbers have established Canada as the second-largest country in the world by crypto ATMs. The number one position is still occupied by the United States, which holds 33,851 crypto ATMs operational at the time. More specifically, a US-based crypto ATM, Bitcoin Depot, has even revealed plans to go public. Europe, on the whole, has 1478 ATMs, especially after the UK’s FCA shut down several crypto ATMs earlier this year. The total number of automated teller machines currently operating worldwide is 38,803. Growing Crypto Adoption In Canada It has been nine years since the first crypto ATM in Canada was installed on October 29, 2013, at a Waves cafe in Vancouver. This was also the first Bitcoin ATM in the world. Since then, the number of installations has increased yearly, indicating a growing crypto awareness among Canadians. In fact, even though the price of Bitcoin took a significant beating in 2022, the number of Canadians using crypto is at an all-time high. There has been a significant increase in items purchased with BTC in the country. The Canadian central bank conducted a nationwide survey that estimated over a two-fold increase in BTC ownership in 2021 compared to the 5% ownership from 2018 to 2020. Canadian Politics And Crypto Canada’s tryst with crypto has been quite interesting. The ruling party under Justin Trudeau’s leadership has been holding strictly anti-crypto policies. On the other hand, the country’s Conservative Party’s new leader, Pierre Poilievre, has championed crypto as a solution for inflation. In response to these highly pro-crypto views, Trudeau has called his opponent irresponsible and has criticized his views on Bitcoin. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16 days agocryptodaily
FTX Contagion Threatens Solana As Network TVL Dives Down
The domino effect of the rumors of the FTX carnage is playing out as the Solana ecosystem threatens to implode on the back of the crisis unfolding at FTX and Alameda Research. According to CoinMarketCap, the SOL price had dropped to a low of $12.62. FTX Turmoil Rocks Ecosystem Solana’s total locked value (TVL) plummeted nearly 33% over the past 24 hours, as the news of the crisis at FTX and Alameda Research sent shockwaves across the crypto ecosystem. The Solana ecosystem, in particular, was hit hard by the news, as its TVL plummeted to $423 million in the last 24 hours. Currently, the TVL stands at $436 million, only a slight improvement over previously reported figures. An increasing TVL means more coins are deposited into DeFi protocols, indicating bullish sentiment. Meanwhile, a falling TVL indicates users and investors are pulling out their funds from the protocol or ecosystem, indicating bearish sentiment. Solana is in the throes of bearish sentiment, as the PVL had plummeted by 50% before rebounding and settling at its current value. Intricately Tied With FTX And Alameda Alameda Research is FTX’s sister concern and is a major backer of the Solana ecosystem. In fact, Alameda has claimed that it owns 10% of the total Solana supply. However, industry watchers suspect that this figure could be significantly higher. Solana-based liquid staking protocol Marinade Finance has lost the most TVL, dropping over 35% in the last 24 hours. Other significant stakeholders in the ecosystem have reported similar falls. More Pain On The Way According to available on-chain data, Solana is not out of the woods yet. After taking a severe beating due to the FTX crisis, Solana Compass has revealed that an unprecedented amount of SOL tokens are currently in the process of being unstaked. According to the tracker, 60,399,401 SOL tokens, worth over $700 million at the time of writing, are listed as “deactivating.” This means that at the start of the next epoch, the tokens will be unlocked. As per Solana’s current circulating supply, the market could see nearly 9% of the token supply dumped on the markets. Other leading blockchains have also seen significant drops in the total locked value, with Ethereum down over 10%, Binance Smart Chain down nearly 10%, and Tron down by 8.84%. Other Coins Nosediving Other major tokens in the Solana ecosystem are also in freefall. Lido’s staked SOL token lost parity with the SOL token and was trading at $12.1 on Orca. The price indicates that investors are willing to exit their positions and take on a loss now, anticipating a bigger loss after the token unlock. This means that the gap between stSOL and SOL will likely increase. Other coins such as Serum (down 53%), Raydium (down 52%), Solend (down 48%), and Bonfida (down 47%) are also crashing. All of these are major projects in the Solana ecosystem. However, despite the ongoing challenges faced by the Solana ecosystem, the co-founder of Solana Labs, Anatoly Yakovenko, remained bullish and reiterated his stance despite recent losses. In a tweet posted on the 9th of November, he pointed to the quality of builders and projects on Solana, stating, “I said this on stage at Breakpoint just a few days ago – the builders on Solana are second to none, and the projects they’re building can often only be built on Solana.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
17 days agocoindesk
OpenSea Makes Waves: Says Creator Royalties Will Be Enforced
“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.

About Waves

The live price of Waves (WAVES) today is 2.2277 USD, and with the current circulating supply of Waves at 109,960,000 WAVES, its market capitalization stands at 244,959,410 USD. In the last 24 hours WAVES price has moved 0.0037 USD or 0.00% while 13,659,711 USD worth of WAVES has been traded on various exchanges. The current valuation of WAVES puts it at #119 in cryptocurrency rankings based on market capitalization.

Learn more about the Waves blockchain network and how it works or follow the price of its native cryptocurrency WAVES and the broader market with our unique COIN360 cryptocurrency heatmap.

Waves is a multi-purpose blockchain that supports the development of smart contracts and decentralized applications (dApps). The blockchain was founded back in June 2016 by entrepreneur Sasha Ivanov with WAVES coined as its native token. The Waves blockchain is designed with the intent to make the creation and trading of other cryptocurrencies easier by simplifying smart contracts.

Launched in June 2016 after an initial coin offering (ICO), Waves was initially built on the idea of tackling and improving previous blockchain platforms by increasing speed, utility, and user-friendliness.  

Over the years the platform has undergone many changes and upgrades with the  Waves development team adding the smart contract function to the Waves mainnet in 2018, allowing WAVES token holders and third parties to develop decentralized applications (DApps) on the blockchain.

It is worth noting that the total supply of WAVES tokens is not fixed and has an inflationary model which was approved by at least 80% of nodes.

WAVES price

The beginning of 2020 proved to be a tough start for the crypto market with the covid pandemic crisis causing the market to crash in March. However, the market slowly began to show signs of recovery in Q3 of 2020. According to our WAVES/USD live price chart, Waves saw its first bull run in mid-2020, when WAVES price soared from around $1 on May 20, to a high of $5 on Aug. 17, registering a gain of 370% in just 89 days. The token saw a sudden drop in September but rallied again in December setting an all-time high when it went from around $2.5 on Sept. 30, to roughly $9.48 on Dec. 17, 2020.

With the start of 2021, the crypto market started to show signs of volatility. According to our WAVES/USD live price chart, the token followed this sentiment as it failed to hold a steady upward trend when it went from around $6.5 on Jan. 6, to $14 on Feb.19, before dipping to $7. The token set another promising rally jumping from $10 on March 16 to just over $42 on May 4 — setting a new all-time high with an impressive gain of 340% in just 49 days. However, the token lost a fair share of gains, further extending losses as a severe crash hit the broader crypto market in late May 2021.

As the crypto market started to recover over the next couple of months the WAVES token showed promising signs, peaking at $36 in October. The token subsequently failed to appreciate in price, despite the market sentiment turning extremely bullish in November with BTC soaring to an all-time high of around $69,000. 

In spite of the poor performance in Q3 and Q4 of 2021, the Waves token managed to close Q2 2022 with a new all-time high of over $60.

How WAVES works

The Waves blockchain is run by two different groups of nodes, full nodes, and lightweight/light nodes. Full nodes have a complete history of transactions, while light nodes do not download the blockchain and are fully reliant on full nodes for any payment verification and network interaction.

Since light nodes cannot add blocks to the Waves blockchain they can lease their tokens to full nodes through the platform’s leased proof-of-stake (LPoS) consensus mechanism. Unlike a traditional proof-of-stake model, where any node that locks in a set number of tokens is eligible to add blocks to the blockchain. However, depending on how many tokens a node stakes can increase or decrease its chances of adding a block to the blockchain.

With the LPoS consensus mechanism, light nodes can lease their tokens to full nodes in order to earn rewards or an annual percentage yield (APY). This means when a full node is designated to complete a block and is reimbursed for doing so, light nodes who leased their tokens to that full node will earn the respective percentage of the payout. However, the cost of becoming a full node on the Waves blockchain is 1,000 WAVES tokens with light nodes having to pay 0.002 WAVES to lease their tokens.

Waves also uses a rather unique protocol called the Waves-NG technology, allowing its blockchain to process thousands of transactions per minute. Waves-NG determines which node will be responsible for producing the next block, by splitting the blockchain into two different blocks, ‘key blocks’ and ‘micro blocks’. A random proof-of-stake miner is selected by the Waves-NG protocol to create the key blocks. The public key of this block is then used by other nodes to create microblocks which include transactions. This allows for the Waves platform to confirm transactions as soon as the network allows while tackling the issues of scalability bottleneck and increased latency.  

WAVES news, updates, and highlights

Waves and Tron partnered on Aug. 13, 2020, to connect the two blockchain networks' DeFi (decentralized finance) infrastructure to provide full access to all the services both have to offer by utilizing the Gravity protocol. The two networks aim to provide user-friendly integrations with seamless inter-chain connectivity using their respective smart contract languages Ride and Solidity, allowing users access to Waves; native token on the Tron blockchain and vice versa. Hence, Waves’ decentralized exchanges (DEX) like Waves.Exchange will give traders and developers the opportunity to hold, trade, and use their TRC-20 tokens with this partnership.

On Aug. 19, 2020, Expobank, the former Russian subsidiary of global investment bank Barclays, issued a crypto-backed bank loan, using WAVES as collateral. The loan was issued to an entrepreneur and tax consultant, Mikhail Uspensky, who bought WAVES in an ICO. Waves founder Sasha Ivanov confirmed the news via a Tweet, noting that the loan used WAVES as collateral. This news came just a few weeks after Russia had just passed a law regulating any centrally issued digital securities and cryptocurrency as taxable property that can't be used as payment. 

On Oct. 22, 2020, Waves collaborated with Ethereum, issuing ERC-20 tokens to foster interoperability between the two protocols.  This collaboration will give WAVES token holders access to Ethereum’s vast decentralized application, exchanges, and DeFi protocols. Ethereum users in return will gain access to the WAVES token. The Waves-Ethereum bridging service will be available through the Waves.Exchange interface, allowing users to issue one ERC-20 WAVES by locking in one WAVES token on the Waves blockchain. Tokens can also be converted from Ethereum back to Waves. 

More recently, we saw a stablecoin, USDN, being launched on the Waves network, but the whole Luna-UST crash gave rise to new challenges and USDN, along with other stablecoins, struggled to maintain its dollar-peg.

Frequently asked questions about WAVES

  • Can you mine or stake WAVES?

Waves is a leased proof-of-stake (LPoS) blockchain, which means that WAVES tokens cannot be mined. However, you can stake 1000 WAVES tokens to become a full node and earn rewards for staking or lease your WAVES tokens to a full node to earn a certain percentage of the payout.

  • What are some of the best WAVES wallets?

Waves has its own wallet which can be found via official links. However, if you are looking for other options then Atomic Wallet and Guarda Wallet are good options. Hardware wallets, such as the Ledger Nano X and Ledger Nano S are also good options.

  • What can you do with WAVES?

Users can use WAVES tokens to pay for transactions, vote on governance proposals, trade them against other cryptocurrencies like BTC, ETH, and USDT, or stake them for rewards.

  • How to buy WAVES?

You can buy WAVES against WAVES/BTC, WAVES/ETH, and WAVES/USDT trading pairs on exchanges like HitBTC and OKX, or by using fiat currency with on-ramp services.

Waves Price2.2277 USD
Market Rank#119
Market Cap244,959,410 USD
24h Volume9,774,105 USD
Circulating Supply109,960,000 WAVES
Max SupplyNo Data
Yesterday's Market Cap241,821,870 USD
Yesterday's Open / Close2.1955 USD / 2.1992 USD
Yesterday's High / Low2.2544 USD / 2.1796 USD
Yesterday's Change
0.00% ( 0.0037 USD )
Yesterday's Volume13,659,711 USD
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