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Crypto lender Celsius Network continues to face legal upheavals as it embarks on a new journey post-bankruptcy. Meanwhile, its native CEL token has seen a 40% increase in the past seven days. Navigating legal challenges Celsius Network’s transition unfolds against a backdrop of legal challenges and financial turbulence. The recent court endorsement
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On-chain data shows the XRP sharks and whales have been accumulating as the recent rally in the token’s price has occurred. XRP Sharks
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MicroStrategy, led by Michael Saylor, is now reaping the rewards of its $4.68 billion Bitcoin (BTC) investment. The Tysons, Virginia-based company now enjoys a profit of $343 per BTC, thanks to the recent surge in the orange coin’s price. MicroStrategy’s Bitcoin bet paying off MicroStrategy’s impressive journey into the super-volatile world of
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Bitcoin analyst and fervent BTC advocate, Will Clemente, has recently shed light on a compelling macroeconomic landscape unfolding, potentially favoring the world’s
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.2023 started on a bullish note for the entire crypto market, including the DeFi ecosystem, with most of the tokens posting double-digit gains in January
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Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January 2023. The market hit $74.6 billion worth of staked assets, increasing by 26% from December.In its latest monthly report, DappRadar outlined the growth of the DeFi sector alongside rejuvenated nonfungible token (NFT) markets
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Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284% in the last month, according to data from DefiLlama. Users lending and borrowing assets on Aave through Optimism’s layer-2 chain make up the vast majority of TVL. Ethereum Optimism TVL Surges In anticipation of The
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Over the past several days, the market has been favorable for cryptocurrencies, which has given them a significant boost. Two of the currencies that have seen a considerable increase over the past seven days are Solana (SOL) and Avalanche (AVAX). Investors are also optimistic as a result of the cryptocurrency
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Pablo Jódar, financial products manager at STORM Partners, a solution provider for the cryptocurrency space in Europe, said Nexo got a positive tailwind from the recent partnership announcement with Mastercard. The company unveiled a crypto-backed payments card that allows users to spend without having to sell their digital assets and
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According to a report, close to $300 million equivalent to 18,652 BTC has been moved from Huobi to Binance from the time the Chief Operating Officer of Huobi Robin Zhu disappeared on November 2, 2020, to November 11, 2020. Binance has become the next destination of the huge migration of users
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