The total value locked, or TVL, in decentralized finance (DeFi) has soared to over $250 billion as 2021 closes out, with most activity on Ethereum, according to DeFi Llama. The budding DeFi industry only became mainstream during summer 2021. While TVL valuations underscore the rapid growth of the industry, Cardano (ADA) founder Charles Hoskinson has warned …
Continue reading “‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi’s future”
Litecoin Market Holds Along the Upper Bearish Channel – December 28The LTC/USD market holds along the upper bearish channel to connote a declining motion that is somewhat prevailing in the crypto trading activities. The market possesses the percentage rate relatively in declination to showcase that the crypto’s price is on the note of downing. Market …
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The host of the popular crypto outlet Coin Bureau thinks the U.S. Federal Reserve’s plan to raise interest rates will have “profound implications” for the country’s economy and every asset class, including crypto and Bitcoin (BTC). Federal Reserve officials have recently indicated they plan to scale back asset purchases and raise interest rates next year …
December 28, 2021 – Singapore, Singapore Proximity, NEAR Protocol’s Grant DAO, makes its first major investment with its funding of DODO’s launch. With its clean UX, powerful proactive market maker algorithm and capital-efficient liquidity, DODO will be the blue-chip DEX on NEAR. DODO will be launching as the preferred decentralized exchange (DEX) on the NEAR …
As the price of Polygon (MATIC) soars to new all-time highs, crypto analytics firm Santiment is looking under the hood at its on-chain activity and social metrics. Polygon, the leading Ethereum layer-2 scaling solution, surged to an all-time high of $2.92 at one point on Monday, before giving up some of its gains and is …
The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses. In the midst of the market-wide drawdown, the decentralized finance (DeFi) sector of the crypto ecosystem has offered …
Continue reading “DeFi sector tokens offer shelter as Bitcoin falls below $48.5K”
By now you’ve probably heard of Bitcoin. You may have heard that it’s made some people rich. You may also have heard that it’s a new form of digital money, and that it’s the future of commerce; or that it’s a criminal enterprise, and that it’s bad for the planet. The messaging is confused and …
Continue reading “A new intro to Bitcoin: The 9 minute read that could change your life”
Investor Anthony Pompliano sought to assure Bitcoin hodlers that volatility is neither good nor bad. Speaking on CNBC’s Squawk Box, Pompliano made the comment in response to host Joe Kernen’s question on whether Bitcoin volatility is beneficial. Kernen asked if investors want stability to the point $BTC is a useable asset, such as for payment …
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Kazakhstan’s crypto mining industry was initially boosted by China’s tightening grip on digital asset regulation. But, some seven months down the line, it’s emerging that Kazakh-based miners are fed-up with electricity shortages. Some miners report nearing bankruptcy due to the national grid’s inability to supply consistent power. Just as the country was emerging as a …
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According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all the tokenized bitcoin in circulation. Close to a Half Million Tokenized Bitcoin Circulates on Several Blockchains, Wrapped …
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts …
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press release PRESS RELEASE. NFTs have exploded in terms of popularity and usage in 2021, and for good reason. Artists and content creators alike have been able to profit immensely from NFTs, and many traders have also been able to benefit from buying, selling and trading these non-fungible tokens. However, one project in particular is …
Continue reading “Fine Art to Be Recreated Thanks to Inheritance Art”
Hackers recently took control of a group of HP-branded servers and used them to remotely mine a cryptocurrency called raptoreum, according to reports. This resulted in the compromised cluster of HP machines becoming the biggest contributor to the total mining pool of the cryptocurrency, allowing attackers to rake in $110,000 worth. The coins are said …
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Bitcoin Price Prediction – December 28The BTC/USD market reverses valuation around $50,000 after, making several attempts to average the resistance line at $52,500. Presently, the market’s percentage rate is about 3.50 negatives, trading around $48,961. Initially, as of today, the price has reached a high point of $50,769 and, the lower value is $48,233. BTC/USD …
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Popular crypto analyst Kevin Svenson is saying that Bitcoin (BTC) is flashing signals that indicate the leading crypto asset by market cap is in the beginning stages of a bullish reversal. Svenson tells his 67,400 YouTube subscribers that Bitcoin appears to be demonstrating a “bump-and-run bullish reversal bottom.” “Bitcoin is now sitting in a pattern …
