Cryptocurrency Analysis and News Portal
The cryptocurrency industry is no stranger to the bull market, which describes the upswing in crypto asset prices. With the potential for gains, many investors are constantly looking for the next initiators of a bull run. DigiToads (TOADS), avalanche (AVAX), and cardano (ADA) are three cryptocurrencies that have the potential to
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Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. According to the Aave's governance forum, the trading freeze follows an analysis from DeFi's risk manager company Gauntlet, recommending that
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On the protocol, tokenized assets will be issued, securitized and structured into liquid pools, and investors can deploy algorithmic strategies to trade. As the usual steps of debt issuance such as liability matching, settlement, payment flows and price discovery are executed automatically by smart contracts, the process is faster and
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"Avalanche’s fully customizable subnets were created to help organizations like TSM push the boundaries of what is possible for gaming with sub-second transaction speed, scalability, and security for millions of users," said John Wu, president at Avalanche blockchain parent company Ava Labs. Original Source
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According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to
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The record BTC.b mint comes as the WBTC supply fell by 15% to 153,164 in February, reaching the lowest since March 2021. Apparently, bankrupt crypto lender Celsius, a well-known WBTC holder, redeemed a large amount of WBTC, causing a sharp drop in the token's supply. Source
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Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack. Original Source
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Avalanche (AVAX) witnessed a meteoric start to 2023, gaining 98% in 30 days, and traders are now curious about whether the rally will extend throughout February. AVAX’s year-to-date gains for 2023 have outpaced those of Bitcoin (BTC) and Ether (ETH).Recent reasons for AVAX’s rally can be attributed to an Amazon partnership
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Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the
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