Cryptocurrency Analysis and News Portal
“Layer 2″ blockchain project Polygon’s MATIC token is up 16% in the last 24 hours after crypto exchange-traded product (ETP) issuer 21Shares announced it’s listing a product linked to the cryptocurrency’s performance on Euronext exchanges in Paris and Amsterdam.Layer 2 products work on top of primary blockchains to speed up
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In July, Dorsey said Square would launch a platform for developers to create “decentralized finance” projects built on bitcoin. At Twitter, Dorsey spearheaded Bluesky – a project aimed at turning the social media company into a decentralized protocol. According to Platformer’s Casey Newton, Twitter’s new CEO, Parag Agarwal, has been
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OMIC Holders can stake their coins in return for more tokens. “The main benefit for stakers comes from supply growth. The protocol mints new OMIC tokens from the treasury, the majority of which are distributed to the stakers,” an official explainer says. “Thus, the gain for stakers will come from
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30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge
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Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria surrounding its core protocol's decisive transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS).The ZEC price logged an intraday high at $188.80 on Binance after rising two days in a row by more than 27%. The cryptocurrency's
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Bond traders are increasing their bets on faster inflation after the U.S. Consumer Price Index jumped 6.2% in the 12 months through October, the highest rate in three decades. Nov 10, 2021 at 2:45 p.m. UTCUpdated Nov 10, 2021 at 2:59 p.m. UTCBitcoin's hourly price chart showing a rally
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The round, which values the Polkadot-based protocol at $250 million, comes less than two weeks after Sequoia pledged to restructure its investing playbook to, in part, more aggressively court crypto plays. Fellow venture capital giant Andreessen Horowitz (a16z) did the same in 2019; it now raises multibillion-dollar funds exclusively for
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Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week.As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days.Whale coins find a new homeA familiar event but with curious
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Polkadot’s native DOT token looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup.Dubbed “inverse head and shoulders” (IH&S), the technical structure appears when an instrument forms three troughs in a row, with the middle one — called the head — being the lowest and
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Nystrom explains that he expects Meta to build “moats” around the metaverse, creating digital walled gardens, so that the holding company and its family of networks (for example, Facebook) have the ability to make money off it. Digital worlds like Sandbox and Decentraland, by contrast, will allow developers and gamers
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