‘No, DeFi Is Not Dead,’ Says Ex-Founder Of Yield Finance
Andre Cronje, the co-founder of Fantom Foundation and the ex-creator of Yield Finance, a DeFi protocol, disagrees with people who say DeFi is dead and the period of high yields is gone. DeFi Is Not Dead In a Medium post on February 1, Andre agrees…
Nostr Decentralized Social Network Now On Apple and Google Stores
Nostr, the decentralized social network supported by Jack Dorsey, the former CEO of Twitter, can now be downloaded on Apple and Google app stores. Nostr On App Stores Per a tweet on January 31, Jack Dorsey said the app can now be downloaded via its…
Time To Sell Bitcoin And Crypto? ‘Big Short’ Michael Burry Tweets ‘Sell’
Just hours before the U.S. Federal Reserve’s interest rate decision today, legendary trader Michael Burry issued a warning for the financial market that could affect Bitcoin and crypto as well. The “Big Short” investor tweeted a…
Ripple is rising steadily above the $0.40 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.410 resistance zone. Ripple is currently rising above the $0.40 resistance zone against the US dollar. The price is…
Litecoin Basks In Green As LTC Inches Closer To $100 Mark
Litecoin starts February on a lovely note, as the second oldest cryptocurrency is all aglow in green. According to CoinGecko, the token has risen 34% in the monthly time frame with gains also being made in the weekly charts. This shows a gradual…
Ethereum Price Could Take-off If It Clears This Key Resistance Zone
Ethereum is attempting a fresh increase above the $1,580 resistance against the US Dollar. ETH could gain bullish momentum if it clears the $1,610 resistance zone. Ethereum is slowly moving higher from the $1,530 support zone. The price is now…
Bitcoin Price At Risk of Downside Thrust Before Fresh Increase
Bitcoin price is rising and approaching a major hurdle at $23,250. BTC remains at a risk of more downsides before it could start a fresh increase to $25,000. Bitcoin is attempting a fresh increase above the $23,000 resistance zone. The price is…
BlackRock, a global investment company managing over $10 trillion of assets as of January 2022, has increased its stake in Silvergate Bank, a crypto-friendly bank, to 7.2%, according to a filing with the United States Securities and Exchange…
German Bank Managing Over $428 Billion In Assets To Offer Bitcoin and Crypto Services
DekaBank, a 105-year-old bank managing over $428 billion in assets, has signed a deal with Metaco to begin offering digital assets to institutions. DekaBank To Use Metaco’s Harmonize Details from a press release on January 31 state that DekaBank…
Bitcoin Ready To Break Trough $24K, Vital Signs Provide Clues
Bitcoin (BTC) has slowed recently, with price action relying on previously recovered support areas to continue its uptrend and outstanding performance since the beginning of the year. Lately, there have been more expectations of BTC breaking into…
Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone
Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as Lido Finance and total ETH staked has increased over time. According to the latest update, the total ETH stake in one…
Data Suggests Shark Were Behind Litecoin’s 89% Rise To $97, But What About Now?
Litecoin (LTC) has seen one of the highest rallies among the top 20 largest cryptocurrencies, jumping over 89% since the market crash following the FTX collapse. While there are a number of factors that could’ve prompted this news, on-chain data…
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United…
Algorand Rises 30% As Founder Sneaks Into List Of Personalities To Watch In 2023
Algorand (ALGO) has benefited from the general sentiment in the crypto market as it records significant profits on high timeframes. The cryptocurrency has been upward since late 2022 and could be on track for further gains. As of this writing…
Polkadot (DOT) Price Moves Closer To Crucial Support, What’s Next?
The Polkadot (DOT) price started to note a fall on its daily chart after Bitcoin could not stay above the $24,000 price. Other significant altcoins followed suit with Bitcoin’s descent on its chart. Over the last 24 hours, DOT lost 3% of its…
The AAVE price has recovered considerably since the beginning of the month. The coin was hovering around the $50 mark at the beginning of January and breached $90 very recently. It secured close to 70% appreciation. At the moment, AAVE is trading…
Dogecoin Gearing To Bounce Back Against Bitcoin – Does Doge Have The Energy?
A popular crypto trader, Bluntz, forecasted a significant price rally for Dogecoin against Bitcoin today. Bluntz tweeted to his followers that the DOGE/BTC trading pair is “gearing for a revenge pump for probably 100% or more.” Based on his chart…
Ethereum Reaches Critical Inflection Point Against Bitcoin: What Happens Next?
Ethereum and Bitcoin represent the number two and one cryptocurrencies by market cap, respectively. The two top coins tend to move in tandem, with Ether gaining the slight edge performance-wise when the crypto market turns bullish. That…
Dogecoin Whales Move Large Amounts, Bearish For DOGE?
Data shows Dogecoin whales have made some large moves over the past day. What does this mean for the meme coin’s price? Dogecoin Whales Have Made Multiple Large Transactions Today A few transactions involving a huge amount of DOGE have been…
With so many sharp twists and turns happening in the blockchain and crypto space, the GameFi space is getting robust now more than ever. Evidently, experts say that 2023 is the “build phase” for GameFi and it is set to explode in the…
Santiment Explains Why Bitcoin Saw A Pullback During The Past Day
Bitcoin has seen a pullback since peaking around $23,900 yesterday. Here’s what Santiment says is the possible reason behind this decline. Bitcoin Observes Largest Profit To Loss Transaction Ratio In 2 Years As per data from the on-chain…
Solana (SOL) Is The Biggest Opportunity This Cycle, Venture Capitalist Claims
Chris Burniske, a co-founder of Placeholder VC, a venture capital firm that invests in decentralized networks and Web3 services, laid out his bull case for Solana in a new episode of the Bankless Podcast. The analyst was one of the few…
Dogecoin Price Prediction: Doge Could Rally Further To $0.10
Dogecoin is gaining pace above the $0.088 resistance against the US Dollar. DOGE could rise further if there is a close above the $0.093 resistance. DOGE gained pace and traded above the $0.088 resistance against the US dollar. The price is trading…
Ethereum Price Won’t Go Down Quietly: Key Supports To Watch
Ethereum started another downside correction below $1,600 against the US Dollar. ETH is trading above $1,550, but it might face resistance near $1,600. Ethereum is correcting gains from the $1,650 and $1,660 levels. The price is now trading below…
Bitcoin Price Hints At Potential Correction, Buy The Dip?
Bitcoin price started another downside correction below $23,250. BTC remains at a risk of more downsides before the bulls appear near $22,200 or $22,000. Bitcoin started a downside correction and traded below the $23,500 zone. The price is trading…
Bitcoin Spiked to $23,960, But Traders Are Not Very Greedy
Sentiment data reveals that the Bitcoin price upwards trend from November lows to as high as $23,960 on January 30 was marked by “sober” traders. Bitcoin Traders Are Not Greedy Per the Fear and Greed Index, the 40% surge of BTC prices…
What’s Next For Solana As Bulls Face Rejection At $25?
The Solana price has been trading extremely close to its immediate price ceiling of $25, and the coin has been struggling below the level above. SOL price moved smoothly from the $20 mark to $26, but the bulls got tired at $26, which caused the…
Polygon (MATIC) Could Rally To $1.30 If It Breaches This Price Level
The MATIC price started to depreciate on its daily chart after it met its immediate resistance of $1.124. In the same time frame, the coin fell by almost 6%. Over the last week, however, MATIC registered sharp gains as it appreciated by nearly 13%…
This Level Could Be Crucial For Bitcoin, PoW Pricing Model Suggests
The Bitcoin difficulty per issuance, a proof-of-work (PoW) pricing model, might provide hints about the following crucial level BTC would have to clear. Bitcoin Approaches Difficulty Per Issuance Model 2.0 Level As pointed out by an analyst on…
Cream Finance Exploiter Moving Funds Over 16 Months After Hack, Here’s Why
The Cream Finance exploiter is moving funds, more than 16 months after hacking the DeFi protocol, stealing over $136 million of various crypto assets. Cream Finance Exploiter Transfers Funds According to CertiK, a blockchain analytic platform, the…
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