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Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token's current total value stands at $3 billion, down roughly 70%.KLAY/USD on Binance. Source: TradingViewAlthough not as well known as the leading smart
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Recently, Argo and privately held Gem Mining both said the curtailing of operations to support community needs for extra power lowered their production in February, among other reasons. Meanwhile, seasonal energy curtailment programs in Quebec, Canada, also hampered the monthly bitcoin production for Canadian miner Bitfarms (BITF). “As planned, seasonal
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Bitcoin (BTC) price struggled to overcome $40,000 resistance over the weekend and currently trading just above $38,000. At a time when BTC is hovering at a 40% discount from all-time highs, whales have started accumulating more stablecoins.According to data from Santiment, stablecoin whales with wallet holdings of 10,000 to 10 million Tether
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The CEO of Devere Group has predicted that the price of bitcoin will reach $50,000 by the end of this month. He explained that geopolitical tensions from the Russia-Ukraine war and institutional investment are key drivers boosting the price of bitcoin. He also said, “the dollar’s reserve status could, ultimately,
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Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26.ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the previous record peak near $4.50 established
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The month of February was a rocky one for bitcoin but the digital asset had managed to come out ahead in the end. After suffering three long months of red closes, bitcoin has finally recorded its first green month. This is attributed to the rally that began at the end
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The central bank is concerned about inflation, now at its highest in four decades Powell, however, expects inflation will diminish this year as supply constraints ease and demand moderates because of the shrinking effects of fiscal stimulus and tighter monetary policy. Source
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Welcome to the latest edition of Cryptox’s decentralized finance newsletter.This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change.Axelar Network attains $1B valuation following secondary raiseThe Axelar Network announced the completion of a $35-million Series B funding
Read MoreThe Information Commissioner’s Office (ICO) is seeking the views of stakeholders and the public on how it regulates the laws it monitors and enforces. With just over a month until the consultation closes, the ICO is seeking feedback on
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The company paid about $25 million in cash at an average price of $37,865 per bitcoin, it said in a statement. Source
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