Cryptocurrency Analysis and News Portal
It’s been a tough year for crypto, and venture capital activity confirms it. The collapse of FTX in November was the latest and most shocking in a series of closures of key market players this year — including Celsius, Voyager and BlockFi — that have shaken investor sentiment and wiped
Read More
On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record. Original Source
Read More
Meanwhile, bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies by market capitalization, spent a second consecutive day trading sideways, albeit tinted more green than red. BTC was holding comfortably over $20,000, its most recent support line, while ether continued to hover over $1,500, where it climbed last week. Source
Read More
Binance Coin (BNB) has surpassed the $300 mark after its price surge over the week. The token was trading at around $274
Read More
Traders should definitely keep their eye on Dogecoin (DOGE) as the popular dog meme coin hints at a 30% rally in the
Read More
There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts
Read More
India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest Economy in the World India has leaped past the U.K. and
Read More
After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms
Read More
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during the last 23 months
Read More
According to data from Glassnode, via Colin Wu, the open interest of Deribit ether options with a notional value of $5.6 billion exceeded the open interest of BTC options (about $4.3 billion) for the first time in history. Open interest is the total number of outstanding derivative contracts that have
Read More