Cryptocurrency Analysis and News Portal
Amid the weakness in bitcoin and other crypto assets during the latter part of 2021 and early 2022, there’s been an anomalous counter-performance by the decentralized finance (DeFi) sector. The last few weeks have seen a modest rebound in total value locked, a measure of how much digital asset value
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Bitcoin pushed past the $42,000 level over the weekend, after last week’s broad market bloodbath, which sent the No. 1 cryptocurrency by market capitalization spiraling toward $40,000 from about $48,000. At the time of publication, ether and most of the altcoins in CoinDesk’s top 20 by market capitalization were up,
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As cryptocurrencies continued to recover Tuesday from last weekend’s massive sell-off, Ethereum scaling solution Polygon was among the biggest gainers.MATIC, the native token of the Polygon blockchain, surged from $1.79 on Monday morning to $2.50 over the ensuing 24 hours, a nearly 40% gain. At the time of publication, the
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Bitcoin (BTC) attempted to crack $51,600 resistance throughout Dec. 7 as BTC/USD gained in line with an equities rebound.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin: "The trend is still up"Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency making repeated assaults on the $51,600 mark on Dec. 7.At the
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“First Mover” hosts spoke with The Sandbox co-founder and Chief Operating Officer Sebastien Borget for an insider look into the metaverse gaming space as the firm launches Sandbox Metaverse Alpha. GlobalBlock CEO Rufus Round shared market insights as bitcoin rebounds from a steep selloff. Pat Duffy and Alex Wilson, co-founders
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“We’re excited about the potential for Web 3 technology and the positive ways these communities are coming together on Discord, especially those organized around environmentally friendly, creator-focused projects,” the company told TechCrunch. “However, we also recognize there are some problems we need to work through. For now, we’re focused on
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Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown. The Impact of Nigerian Policies on Remittances According to the November 17, 2021 press release, this increase in
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Technical indicators show support, or the price level that an asset does not fall below for period of time, at $40,000, although resistance remains strong around $50,000, where buyers took some profit earlier this month. “Ultimately BTC needs a break (daily price close) above $47,000 to mark a resumption of
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One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. Zilliqa (ZIL) is one project that saw its
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Bitcoin has maintained its superiority in the market through the bull rally. Through the summer, bitcoin remains the strongest performer in the market. But the altcoins remain hot on its heels as prices rebound from two-month lows. Despite being the strongest performer of the summer, the DeFi space beat out
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