Cryptocurrency Analysis and News Portal
Crypto lending has become one of DeFi’s most promising use applications, ushering in an influx of dozens of platforms, tools, apps and participants all claiming to revolutionize how tokens are loaned and borrowed.According to Footprint, the number of platforms in the DeFi lending category grew by 263% to 69 since
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A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern.The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction toward a common
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From a bird’s-eye-view, BTC is still in an uptrend and
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While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s
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Since its launch on Oct. 19 Proshares’ Bitcoin futures exchange-traded fund (ETF) has been a popular choice with traders, rising to the top 2% of all ETFs in terms of total trading volume. Bloomberg’s Senior ETF analyst Eric Balchunas noted on Nov. 11 that the ProShares Bitcoin Strategy ETF (BITO)
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Foundry Digital, which is among the world’s top five bitcoin mining pools, launched a new business called “Foundry Staking” to provide services to institutions related to various proof-of-stake (PoS) blockchain networks.“We have made significant investments in engineering talent and PoS infrastructure to replicate our mining success in the fast-growing staking
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Bitcoin (BTC) could nail the now-popular $98,000 price target — but it could end up being the cycle top, new research argues. In its “October 2021 Market Recap & Outlook,” major United States exchange Kraken said that Bitcoin should reach around $96,000 if this quarter copies the last bull run.Copycat
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Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be credited to the returns the asset has brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation while
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sponsored CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for
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StackSwap’s plans to launch the first decentralized exchange on the Bitcoin network just finished their first private round. After raising $1.3 million, with a leading investment from the Stacks Foundation, and major international investors such as HashKey, Genesis Block Ventures (GBV), and SOSV, the project is set to launch in
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