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The reduction in the issuance of the smooth love potion (SLP) tokens follows recent complaints about the token's rapidly inflating supply and a 99% plunge in the price over a seven-month period. Source
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Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLiquidations mount for BTC shortsData from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 on Feb. 4,
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The price of Terra has been choppy in the past few days despite the broader market regaining back it’s strength slowly. In the last week, the coin plunged by almost 30%. Related Reading | Bitcoin Funding Rates Remain Negative For More Than A Week At press time, LUNA was priced at
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Another reason, according to Ben McMillan, founder of IDX Digital Assets, is leveraged long positions, which exacerbated the sell-off into the Asian open on Friday. “This is nearly always the case with bitcoin,” said McMillan, who said that “$40,000 was an important support which has now turned into a resistance
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The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit
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YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first 24 hours of operations, YuzuSwap achieved a total value locked, or TVL, of $100 million, the company reported Wednesday. Trading volumes over
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Inverse Finance allows users to get token loans by supplying tokens to the protocol as collateral. The newly-launched floki pool has a collateral factor of 50% as of Wednesday, which means users can take 50% of the value of their staked floki inu tokens in the form of DOLA, a
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A blockchain project 4JNET gained huge attention long before the launch is broadcast live. 4JNET which is referred to as the “Pinnacle of Fairness” in today’s DeFi industry has opened door to the crypto community by introducing its first offering, the 4JNET DEX. It accompanies the fair launch of the
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Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin targets $54,000Data from Cryptox Markets Pro and TradingView followed BTC/USD as it headed toward $54,000 at the time of writing amid intense volatility.Holders saw major selling pressure after
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Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction canceled out previous snap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“No free lunch” for speculatorsData from Cryptox Markets Pro and TradingView showed BTC/USD recovering after briefly dipping below $63,000 in fresh volatility.The pair had moved up sharply on
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