Cryptocurrency Analysis and News Portal
The aggregate total value locked (TVL) in the crypto market measures the amount of funds deposited in smart contracts and this figure declined from $160 billion in mid-April to the current $70 billion, which is the lowest level since March 2021. While this 66% contraction is worrying, a great deal
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Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound. MATIC price is hugely bullish ramming to a high of $0.9075, which is a little under July’s ATH seen at $1.01. MATIC has spiked
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Bitcoin, the leading cryptocurrency by market value, has held steady around $22,700 since the ECB announced a bigger-than-expected rate hike at 12:15 UTC. Euro, the common currency of 19 out of 27 European Union nations, jumped 0.7% from $1.0198 to $1.0250. Original Source
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Yet, Nage also viewed positively bitcoin's ability for much of the past month to remain in its current $18,000-$20,000 range. "Bitcoin has held steady around this trading pattern," he said, adding: "We talk about digital assets as a durational effect in terms of things that are going to happen and
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XRP has been moving laterally over the last few days and the price has steadied at $0.36. After facing consistent resistance at the $0.35 price mark, the coin finally managed to move past the aforementioned price ceiling. The altcoin has been trading in the green over the last 24 hours, it
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After a weekend in which Bitcoin (BTC) experienced realized losses to the tune of $7.3 billion, the largest cryptocurrency has erased all weekend losses and is up over 8 percent to $21,206 in the last 24 hours. Bitcoin has risen almost 22 percent since Saturday’s low of $17,592, and is currently trading
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Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg. Original Source
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BTC rebounds as stocks experience a similar rally. Original Source
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Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via the official "Aid for Ukraine" crypto fund, individuals can donate cryptocurrency, fiat and now NFTs. So
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Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies across Russia. This information came out when IMF issued a statement saying, “the Kremlin may employ these activities to avoid compliance
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